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.
Pending
$285,000
45 Madison Avenue, Madison, ME 04950
4beds
2,304sqft
Est.:
Multi Family
Built in 1925
-- sqft lot
$-- Zestimate®
$124/sqft
$-- HOA
What's special
New oil-fired burnerCorner lotDesirable corner lotTwo separate driveways
- 74 days
- on Zillow |
- 102 |
- 2 |
Zillow last checked: 7 hours ago
Listing updated: April 15, 2025 at 04:54am
Listed by:
Allied Realty
Source: Maine Listings,MLS#: 1614162

Travel times
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Hot Water, Baseboard
Cooling
- None
Appliances
- Laundry: Washer Hookup
Features
- 1st Floor Bedroom, Attic
- Flooring: Wood, Tile
- Basement: Full,Unfinished
Interior area
- Total structure area: 2,304
- Total interior livable area: 2,304 sqft
- Finished area above ground: 2,304
- Finished area below ground: 0
Property
Parking
- Parking features: 1 - 4 Spaces, Paved, Off Street
Features
- Patio & porch: Porch
Lot
- Size: 5,662.8 Square Feet
- Features: Corner Lot, Level, Interior Lot, City Lot, Near Shopping
Details
- Parcel number: MADNM019L135
- Zoning: None
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Colonial
- Property subtype: Multi Family
Materials
- Vinyl Siding, Wood Frame
- Foundation: Concrete Perimeter
- Roof: Metal
Condition
- Year built: 1925
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Public Sewer
- Water: Public
Community & HOA
Location
- Region: Madison
Financial & listing details
- Price per square foot: $124/sqft
- Tax assessed value: $122,800
- Annual tax amount: $2,772
- Date on market: 2/10/2025
- Road surface type: Paved
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