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Triplex with Detached Garage

54 Weston Avenue, Madison, ME 04950

For Sale
$235,000

The three residences comprise 4-bedroom, 3-bedroom, and 1-bedroom layouts.

Property Size4,684 SF
Price / SF$50.17
Days on Market118

Property Features for 54 Weston Avenue

General Information

Standard status Active
Size 4,684 SF
Total Parking Spaces 2
Property subtype Multi Family Home
Zoning Res Intown

Units

Unit Mix 1 x 4BR, 1 x 3BR, 1 x 1BR
Multifamily Units 3

Additional Details

Tenant in Place Yes

Taxes and HOA fees

Annual Taxes $5,590

Amenities

1st Floor Bedroom
Attic
Bathtub
Pantry
Storage

Building Details

Building Size 4,684 SF
Year Built 1910
Buildings 1
Stories 2
Units 3
Listing Agency: Real Broker
Listed By: Corey Lee · License ME BA924970
Source: Amerorealty
Added: Jul 15 Changed: Nov 7 Last Checked: Nov 9 at 5:01PM

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 Real Broker

Rey
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Investment Insights

Based on property information with market context.

Built in 1910, this triplex contains 4,684 square feet of living space across three units: one with four bedrooms, one with three bedrooms, and one with a single bedroom. The property has received several major updates in recent years. A detached two-car garage provides additional space, and the attic remains unfinished. The parcel is described as a double lot, and zoning is Res Intown.

The existing three-unit configuration offers a range of residential layouts within one property. The garage and unfinished attic are additional physical features, while the unit mix and total living area describe the current improvements.

Key Highlights

  • 4,684 square feet of living space
  • Three units: 4‑bedroom, 3‑bedroom, and 1‑bedroom layouts
  • Detached two‑car garage

Property Analytics

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Lease Details

3
Residential units

Location Intelligence

Trade Area within ½ mile

189
Businesses Nearby

Demographics for 04950, ME

4,726
Population
2,755
Households
1.7
Avg Household Size
46
Median Age
15%
College-Educated
95%
High-School Grad
51.9 sq mi
ZIP Area
91
Density / Sq Mi
$48,750
Median Household Income
$43,668
Median Earnings
$892
Median Rent
$154,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Triplex - The three residences comprise 4-bedroom, 3-bedroom, and 1-bedroom layouts.
Where is this triplex located?
The property is located at 54 Weston Avenue Madison, ME.
What is the asking price?
The asking price for this property is $235,000.
What are key features of this property?
This property features: 4,684 square feet of living space; Three units: 4‑bedroom, 3‑bedroom, and 1‑bedroom layouts; Detached two‑car garage
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