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164 Madison Avenue, Skowhegan, ME, 04976
Two-Building Residential Income Property

164 Madison Avenue Skowhegan, ME 04976

For Sale
$1,900,000

Residential income offering 15 total units across two buildings, including a two-unit structure and a 13-unit renovated building.

Property Size17,870 SF
Price / SF$106.32
Days on Market127

Property Features for 164 Madison Avenue

General Information

Standard status
Active
Size
17,870 SF
Property subtype
Multi-family

Building Details

Year Built
1880
Listing Agency: Allied Realty
Listed By: Aaron Bolster
Source: Profoundrealestate
Added: Mar 23 Changed: Jul 25 Last Checked: Jul 26 at 10:27PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Allied Realty


Investment Insights

Based on property information with market context.

This two-building residential income property is available for sale and totals 15 units. One building consists of two units, including a large 4-bedroom residence with a 4-bay heated garage and a spacious one-bedroom apartment. The total living space for that structure is 4,417 square feet.

The second building is a 13-unit structure with 12,553 square feet, and the property notes many renovations over the long tenure of the seller. The public remarks also reference landscaped grounds and a rent roll that “tallies nicely,” with details available upon inquiry.

The listing presents the configuration as suitable for either owner occupancy with an attached in-law suite option or as a two-unit and 13-unit income setup, depending on how an owner intends to use the property.

Key Highlights

  • Two‑building residential income offering 15 total units: a 2‑unit building plus a 13‑unit building
  • Year built: 1880
  • Two‑unit building includes a large 4‑bedroom unit, a spacious 1‑bedroom apartment, and 4‑bay heated garage; total living space 4,417 SF

Property Analytics

Location Intelligence

Current Use by Public Records

Graf Plumbing & Heating Plumbing Service Walton Court Apartment Complex

Suggested Use

Garden Center Real Estate Agency Locksmith (Bike/Boat/Book/etc) Store Accounting Firm Storage Facility Plumbing Service Tech Support Center Barber Shop (Bike/Boat/Book/etc) Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Apartment building - Residential income offering 15 total units across two buildings, including a two-unit structure and a 13-unit renovated building.
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: Two‑building residential income offering 15 total units: a 2‑unit building plus a 13‑unit building; Year built: 1880; Two‑unit building includes a large 4‑bedroom unit, a spacious 1‑bedroom apartment, and 4‑bay heated garage; total living space 4,417 SF
More about this property
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