Madison, ME 04950 45 Madison Avenue
$285,000
Pending
26 more
Presented By: Allied Realty;
Baths • 2
SQFT • 2,304
Home Details
12913 - Prime investment opportunity downtown Madison. This beautifully remodeled 2-unit apartment (2023-2024) is perfect for homeowners or savvy investors! Each unit offers 2-bedrooms 1 bath. The home could be converted to a 4-bedroom residential home if desired. This unit sits on a desirable corner lot with two separate driveways. Recent upgrades include new high efficiency hot water heaters and a new oil-fired burner for worry-free living. Live in one unit and rent the other to offset your mortgage. Build equity and generate rental income. Madison Electric for affordable power. Call for your showing today.
Presented By: Allied Realty;
Interior Features for 45 Madison Avenue
Bathrooms
Half Baths0
Total Baths2
Other Interior Features
Above Grade Finished Area2304.0
Air Conditioning Y/NNo
BasementInterior, Full, Unfinished
Basement (Y/N)No
Below Grade Finished Area0.0
FlooringWood, Tile
Heating Y/NYes
Interior Amenities1st Floor Bedroom, Attic
Laundry FeaturesWasher Hookup
General for 45 Madison Avenue
Additional Parcels Y/NNo
Architectural StyleOther, Colonial
Attached Garage No
Carport Y/NNo
CityMadison
Construction MaterialsVinyl Siding, Wood Frame
CoolingNone
CountySomerset
ElectricCircuit Breakers
Electric On Property Y/NNo
Full Baths2
Garage Spaces0.0
Garage Y/NNo
Gross Income0.0
HOANo
HeatingHot Water, Baseboard
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Lot Size Square Feet5662.8
Lot Size UnitsAcres
MobileHomeRemainsYNNo
New ConstructionNo
Number Of Units Total2
Operating Expense0.0
Patio/Porch FeaturesPorch
Pets AllowedNo Restrictions
Property TypeMulti-Family
Rent Control Y/NNo
RoofMetal
Senior Community Y/NNo
SewerPublic Sewer
Standard StatusPending
StatusPending
Tax Annual Amount2772.42
Tax Lot135
Tax Year2024
UtilitiesUtilities On
Waterfront Y/NNo
Year Built1925
ZoningNone
Exterior for 45 Madison Avenue
Building Area Total2304.0
Crops Included Y/NNo
Foundation DetailsConcrete Perimeter
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesOpen, Corner Lot, Level, Interior Lot, Intown, Near Shopping
Lot Size Acres0.13
Lot Size Area0.13
Lot Size SourcePublic Records
Open Parking Y/NNo
Parking Features1 - 4 Spaces, Paved, Off Street
Road Surface TypePaved
SpaNo
Water SourcePublic
Additional Details
Price History
Shelley Kennagh
Senior Loan Officer