Skowhegan Multifamily Investment
164 Madison Avenue, Skowhegan, ME 04976
COMMERCIAL - Skowhegan, ME
Property size:
17,870 SFLot size:
1.46 AcresPrice / SF:
$120/SF- Added:
- Apr 22, 2026
- Days on Market:
- 22
- Last Refresh:
- May 13 at 10:06 pm
Property Features for 164 Madison Avenue
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- Residential
- Rooms
- Basement
- Interior features
- Storage
- Basement
- Finished, Full
- 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
- Other (Heating), Heat Pump (Heating), Baseboard, Radiant, Hot Water(Heating), Oil
- Cooling system
- Central Air, Heat Pump
- Water source
- Public
- Water front features
- Lake
- Water front
- 1
Building Details
- Year built
- 1880
- Flooring type
- Carpet, Hardwood, Vinyl, Laminate
- Building materials
- Wood Frame, Brick, Vinyl Siding
- Roof type
- Metal
- Additional Structures
- Storage
Listing agent Aaron Bolster (207) 474-9553
Listing office Allied Realty 187 Madison Avenue, Suite 1, Skowhegan, ME (207) 474-9553
Listing date Apr 22, 2026
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.
HighLights
- Portfolio opportunity: 15 units for sale across two buildings.
- One building offers owner‑occupied potential with a large 4‑bedroom unit, 4‑bay heated garage, and a 1‑bedroom in‑law suite.
- Impressive 13‑unit building (12,553 sqft) with renovations.
- Attractive, well‑landscaped grounds.
- Diverse heating and cooling systems: Hot Water, Heat Pump, Baseboard, Radiant, Central Air.
- Accessible elevator installed.
Overview
This offering presents an opportunity to expand your real estate portfolio with the acquisition of two properties located in Skowhegan. The properties, situated at 164 Madison Avenue and 9 Walton Court, comprise a total of 15 units. One building features two units: a large 4-bedroom apartment with a 4-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, with renovations completed by the seller over time. The property is situated on 1.46 acres. The well-landscaped grounds enhance the property's appeal. The property is zoned for residential use.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Graf Plumbing & Heating
Plumbing Service
Walton Court
Apartment Complex
Location Insight
- Map
- Local Demand
- City
- Skowhegan
- County
- Somerset
- State
- Maine
- Longitude
- -69.7230327
- Latitude
- 44.7725921
Nearby Similar for Sale
FAQs
What type of property is this?
Apartment building - 15-unit multifamily property with renovation and income potential 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 $2,150,000.
What are key features of this property?
This property features: Portfolio opportunity: 15 units for sale across two buildings.; One building offers **owner‑occupied potential** with a large 4‑bedroom unit, 4‑bay heated garage, and a 1‑bedroom in‑law suite.; **Impressive 13‑unit building (12,553 sqft) with renovations.**
