Skowhegan Multifamily Investment
164 Madison Avenue Skowhegan, ME 04976
164 Madison Avenue, Skowhegan, ME, 04976
$1,900,000
For Sale
$1,900,000
COMMERCIAL - Skowhegan, ME
Property Size17,870 SF
Lot Size1.46 Acres
Price / SF$106.32
Days on Market63
Property Features for 164 Madison Avenue
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- Residential
- Rooms
- Basement
- Interior features
- Storage
- Basement
- Full, Finished
- Accessibility
- Accessible Elevator Installed
- Standard status
- Active
- Size
- 17,870 SF
- Lot size
- 1.46 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Annual Amount
- 19488
Utilities
- Sewer type
- Public Sewer
- Heating system
- Oil, Other (Heating), Radiant, Heat Pump (Heating), Hot Water(Heating), Baseboard
- Cooling system
- Heat Pump, Central Air
- Water source
- Public
- Water front features
- Lake
- Water front
- 1
Building Details
- Year built
- 1880
- Flooring type
- Carpet, Laminate, Vinyl, Hardwood
- Building materials
- Wood Frame, Brick, Vinyl Siding
- Roof type
- Metal
- Additional Structures
- Storage
Listing agency
Allied Realty
(207) 474-9553
Listed by
Aaron Bolster
(207) 474-9553
Added: May 21 Updated: Jul 7 at 10:33AM Checked: Jul 22 at 10:06PM
MLS# 1658792
Copyright © 2026 Maine Listings. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This offering presents an opportunity to expand your real estate portfolio with the acquisition of two properties located in Skowhegan. The sale includes 164 Madison Avenue and 9 Walton Court, which together comprise 15 units. The properties feature well-maintained landscaping and grounds. One building contains two units: a large four-bedroom apartment with a four-bay heated garage, and a spacious one-bedroom apartment. The total living space for this structure is 4,417 square feet. This configuration is suitable for owner occupancy with an attached in-law suite or for generating additional income from both units. The second building is a 13-unit structure encompassing 12,553 square feet. The seller has completed many renovations to this building over time. The total property size is 17,870 square feet, situated on a 1.46-acre lot. The property is zoned for residential use.
Key Highlights
- 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.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Graf Plumbing & Heating
Plumbing Service
Walton Court
Apartment Complex
Similar For Sale Nearby
FAQs
What type of property is this?
Apartment building - Two buildings totaling 15 units for sale in Skowhegan.
Where is this apartment building located?
The property is located at 164 Madison Avenue Skowhegan, ME.
What is the asking price?
The asking price for this property is $1,900,000.
What are key features of this property?
This property features: 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.
