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About the Listing 3629 - 020290,023788
Whether you're looking to owner occupy while your tenants help pay the mortgage or expand your investment portfolio, this versatile multi-unit property is one you won't want to miss. Offering over 4,500 square feet of living space, the property features one spacious 4-bedroom unit, one 3-bedroom unit, and one 1-bedroom unit, providing excellent income potential. Live in one unit and let the rental income offset much of your mortgage, or lease all three units as a strong investment opportunity. The property has seen several major updates over the past few years and is situated on a quiet road on a rare double lot. A detached two-car garage offers additional rental or storage income potential, while the unfinished attic presents an opportunity for future expansion. The current rents are below market value, offering room to increase income over time. For investors looking to maximize the property's potential, there may also be an opportunity to reconfigure the layout into four 2-bedroom units and one 1-bedroom unit, subject to municipal approval and any required permits. Properties offering this combination of size, flexibility, income potential, and future upside are hard to find. Schedule your private showing today!
Listing Highlights
Status
Active
Days on Site
3
Property Type
Multi-Family
MLS ®
1672049
Year Built
1910
Total Square Footage
4,684
Lot/Acreage
0.23
County
Somerset
School District
Rsu 59/Msad 59
Interior Details
- Bedrooms: 0
- Bathrooms: 3 Full
- Appliances: Internet Access Available
- Air Cond:
- Heating: Oil,Baseboard,Hot Water
- Fireplaces:
- Floor: Laminate,Vinyl,Wood
- Above Ground Sq Ft: 3984
- Below Ground Sq Ft: 700
- Basement: Doghouse,Interior Entry,Walk-Out Access,Finished,Full,Unfinished
- Other: 1st Floor Bedroom,Attic,Bathtub,Pantry,Storage
- Water: Public
Exterior Details
- Lot Description: Intown,Near Golf Course,Near Shopping,Neighborhood,Level,Open Lot,Sidewalks
- Garage Capacity: 2 car
- Zoning: Res Intown
- Roof: Metal,Shingle
- Others:
- Sewer: Public Sewer
- Parking Features: Common,Paved,5 - 10 Spaces,On Site,Garage Door Opener,Detached
Financial Details
- Tax Amount: $5,590
- Taxes w/Assessments: N/A
- Tax/Property ID: MADN-000021-000000-000147
- Tax Year: 2025
Payment Calculator
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Questions About..
54 Weston Ave Madison, ME 04950
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