Catrina Worcester
REALTOR®
BATHS3 full
SQUARE FEET4,684
MLS#1672049
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SCHOOLRSU 59-MSAD 59
Property Description
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!
Property Features
Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Doghouse, Interior Entry, Walk-Out Access, Finished, Full, Unfinished
Garage: 2
Heating: Oil, Baseboard, Hot Water
Home Style: Victorian
Lot Size: 0.23 Acres
Roof Type: Metal, Shingle
Taxes: $5,590
Year Built: 1910
Feature Descriptions
Amenities: 1st Floor Bedroom, Attic, Bathtub, Washer Hookup, Pantry, Storage
Electric: Circuit Breakers
Equipment: Internet Access Available
Exterior: Wood Frame, Clapboard
Flooring: Laminate, Vinyl, Wood
Foundation: Granite, Poured Concrete
Lot: Intown, Near Golf Course, Near Shopping, Neighborhood, Level, Open Lot, Sidewalks
Parking: Common, Paved,5 - 10 Spaces, On Site, Garage Door Opener, Detached
Road Surface: Paved
Sewer: Public Sewer
SQ FT Above Grade: 3984
SQ FT Below Grade: 700
Water: Public
Local Schools
School District: RSU 59-MSAD 59
Listed By / Shown By
Listed By
Agency Name: Real Broker
Agent Name: Corey Lee
Agency Phone: 207-272-3954
Shown By
Agent Name: Catrina Worcester
Agent Phone: (800) 741-1540
Agency Title: Better Homes and Gardens Real Estate The Masiello Group
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Estimated Payment
$ 1,132.90 per month $589.78 Principal & Interest $465.83 Property Tax $77.29 Homeowner's Insurance
54 Weston Avenue | MLS# 1672049
This multi-family property located at 54 Weston Avenue , Madison, ME 04950 is currently listed for sale with an asking price of $265,000. Weston Avenue is located within the RSU 59-MSAD 59 school district. Search Madison real estate on catrinaworcester.masiellogrouprealestate.com today.