157 Madison Avenue, Skowhegan, ME, 04976 | $429,000

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!

Features

  • Amenities: 1st Floor Bedroom, One-Floor Living, Storage
  • Baths: 2 full / 1 half
  • Units: 3
  • Laundry: Laundry - 1st Floor, Main Level
  • Style: Colonial
  • Year Built: 1900
  • Garage: 1-car
  • Heating: Heat Pump, Forced Air, Direct Vent Heater, Baseboard
  • Cooling: Heat Pump
  • Basement: Brick/Mortar, Crawl Space, Partial, Interior Entry, Unfinished
  • Approx Sq. Feet: 3,495
  • Acreage: 0.31
  • Est. Taxes: $3,913
  • Lot Desc: Level, Open Lot, Intown, Near Shopping, Near Town, Retail Strip
  • Pet Policy: No Restrictions
  • MLS#: 1616180
  • Website: https://www.raveis.com
    /prop/1616180/157madisonavenue_skowhegan_me?source=qrflyer
Listing data is derived in whole or in part from the Maine IDX & is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.
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Listing courtesy of Allied Realty

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