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  • $474,000

    157 Madison Avenue, Skowhegan, ME 04976

    7beds
    3,495sqft
    Multi Family
    Built in 1900
    -- sqft lot
    $474,200 Zestimate®
    $136/sqft
    $-- Estimated rent

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    What's special

    12920 - Madison Avenue properties are rarely for sale; this building is ready for serious consideration for your portfolio. It is a mixed-use property that has many updated capital improvements including new siding and a large, paved parking lot. The front two thirds of the first floor is being used as professional office space for an accounting firm, which is approximately 1,600 sqft. The rear portion of the first floor is a private recently renovated 2-bedroom apartment. The second level is another rent producing unit of another 2 bedrooms. The third story is cold storage at this time; however, one could explore the older apartment (has not been occupied for many years) and see what is needed for code enforcement to deem it a 4th unit. Inquire today for more details!

    Zillow last checked: 7 hours ago

    Listing updated: October 02, 2025 at 10:50am

    Listed by:

    Allied Realty

    Bought with:

    Allied Realty

    Source: Maine Listings,MLS#: 1616180MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 7
    • Bathrooms: 3
    • Full bathrooms: 2
    • 1/2 bathrooms: 1
    Heating
    • Heat Pump, Forced Air, Direct Vent Heater, Baseboard
    Cooling
    • Heat Pump
    Appliances
    • Laundry: Laundry - 1st Floor, Main Level
    Features
    • 1st Floor Bedroom, One-Floor Living, Storage
    • Flooring: Vinyl, Laminate, Carpet
    • Basement: Interior,Brick/Mortar,Crawl Space,Partial,Unfinished
    Interior area
    • Total structure area: 3,495
    • Total interior livable area: 3,495 sqft
    • Finished area above ground: 3,495
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 1
    • Parking features: 11 - 20 Spaces, Paved, On Site, Detached
    • Garage spaces: 1
    Accessibility
    • Accessibility features: Level Entry
    Features
    • Stories: 3
    Lot
    • Size: 0.31 Acres
    • Features: Open Lot, Level, City Lot, Near Shopping, Near Town, Retail Strip
    Details
    • Zoning: Commercial
    • Other equipment: Internet Access Available

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Colonial
    • Property subtype: Multi Family
    Materials
    • Vinyl Siding, Wood Frame
    • Foundation: Stone, Concrete Perimeter, Brick/Mortar
    • Roof: Pitched,Shingle
    Condition
    • Year built: 1900

    Utilities & green energy

    • Electric: Circuit Breakers
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Utilities On

    Community & neighborhood

    Location
    • Region: Skowhegan

    Other

    Other facts
    • Road surface type: Paved