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    Multifamily Investment Opportunity in Skowhegan
    Updated: May 21
    Multifamily Investment Opportunity in Skowhegan

    164 Madison Avenue, Skowhegan, ME 04976

    $1,900,000
    17,870 sqft 1.46 AC lot
    Two‑building multifamily package totaling 15 units for sale: 164 Madison Avenue and 9 Walton Court
    Second building features 13 units (12,553 sqft) with “many renovations” reported over the seller’s tenure
    Includes a 4,417 sqft structure with 2 units: a large 4‑bedroom plus a spacious 1‑bedroom apartment
    4‑bedroom unit includes a 4‑bay heated garage; potential for owner‑occupied use with an in‑law suite attached
    Lake waterfront feature; public water and public sewer
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    Skowhegan Multifamily Investment Opportunity
    Updated: May 21
    Skowhegan Multifamily Investment Opportunity

    164 Madison Avenue, Skowhegan, ME 04976

    $1,900,000
    17,870 sqft 1.46 AC lot
    Portfolio opportunity: Sale includes 15 units across two buildings.
    Potential for owner occupancy with in‑law suite or rental income from both units in the first building (4,417 sqft).
    Second building is a 13‑unit structure (12,553 sqft) with renovations.
    First building includes a large 4‑bedroom unit with a 4‑bay heated garage.
    Multiple heating and cooling systems: Heat Pump, Oil, Baseboard, Hot Water, Radiant, Central Air.
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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Somerset County, ME, we suggest exploring several alternatives: plus 4 Land Listings that present a potential for development.

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Brooklyn Two-Family Home with Development Potential
    Brooklyn Two-Family Home with Development Potential

    69 Martense Street, Brooklyn, NY 11226

    $1,888,888
    2,660 sqft 0.10 AC lot

    Two-family home on a large lot with significant development potential.

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    Land Near Shepherd University
    Land Near Shepherd University

    8285 MARTINSBURG Pike, Shepherdstown, WV 25443

    $650,000
    3.70 AC lot

    Prime land near Shepherd University with development potential.

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    Central Business Zoned Development Land
    Central Business Zoned Development Land

    107 HOWARD Street, La Plata, MD 20646

    $250,000
    0.23 AC lot

    Central Business zoned parcel with plans for a three-story mixed-use building and 15 parking spaces.

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    Asheville Development Opportunity: 5.94 Acres
    Asheville Development Opportunity: 5.94 Acres

    215 N Bear Creek Road, Asheville, NC 28806

    $2,500,000
    5.94 AC lot

    5.94-acre parcel zoned RM6, ideal for multi-family development.

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    Somerset County, ME Apartment Buildings Market Trends and Statistics

    Explore 2 apartment buildings for sale in Somerset County, ME on our real estate platform. These investment opportunities span a total of 41,740 square feet of properties for sale, with an estimated market value of $3,875,000.

    Sale prices for two-family homes in Somerset County, ME start at $75,000, averaging $1,291,666, and reaching up to $1,900,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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