45 Madison Avenue, Madison, ME 04950

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$255,000

MLS#: 1614162

2 Bath

Type: Multi-family
Lot Size: 0.13 Acres
Year Built: 1925
Square Feet: 2,304

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Property 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.

Property Listed by: Allied Realty

Home Features

Bathrooms:

Below Grade Finished Area ±:

Above Grade Finished Area ±:

2304

Basement:

Construction:

Year Built:

1925

Roof:

Heating:

Land Features

Electric:

Circuit Breakers

Lot Size ±:

0.13

Road Surface Type:

Paved

Sewer:

Public Sewer

Map (approximate)

Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, non-commercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. © 2025 Maine Real Estate Information System, Inc. All Rights Reserved.