54 Weston Avenue, Madison, ME 04950

Madison
Local realty services provided by:ERA Dawson-Bradford Co., REALTORS
54 Weston Avenue,Madison, ME 04950
$265,000
  • - Beds
  • 3 Baths
  • 4,684 sq. ft.
  • Multi-family
  • Active
Office: real broker
MLS#:1672049
Source:ME_MREIS

Price summary

  • Price:$265,000
  • Price per sq. ft.:$56.58

About this home

Whether you're looking to owner occupy while your tenants help pay the mortgage or expand your investment portfolio, this versatile multi-unit property is one you won't want to miss. Offering over 4,500 square feet of living space, the property features one spacious 4-bedroom unit, one 3-bedroom unit, and one 1-bedroom unit, providing excellent income potential. Live in one unit and let the rental income offset much of your mortgage, or lease all three units as a strong investment opportunity. The property has seen several major updates over the past few years and is situated on a quiet road on a rare double lot. A detached two-car garage offers additional rental or storage income potential, while the unfinished attic presents an opportunity for future expansion. The current rents are below market value, offering room to increase income over time. For investors looking to maximize the property's potential, there may also be an opportunity to reconfigure the layout into four...

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Home facts

  • Year built:1910
  • Listing ID #:1672049
  • Updated:July 20, 2026 at 10:19 AM

Rooms and interior

  • Total bathrooms:3
  • Full bathrooms:3
  • Flooring:Laminate, Vinyl, Wood
  • Bathrooms Description:Bathtub
  • Kitchen Description:Pantry
  • Bedroom Description:1st Floor Bedroom
  • Basement Description:Doghouse, Finished, Full, Interior Entry, Unfinished, Walk-Out Access
  • Living area:4,684 sq. ft.

Heating and cooling

  • Heating:Baseboard, Heating, Hot Water, Oil

Structure and exterior

  • Roof:Metal, Shingle
  • Year built:1910
  • Building area:4,684 sq. ft.
  • Lot area:0.23 Acres
  • Lot Features:Intown, Level, Near Golf Course, Near Shopping, Neighborhood, Open Lot, Sidewalks
  • Architectural Style:Victorian
  • Construction Materials:Clapboard, Wood Frame
  • Exterior Features:Glassed-in Porch, Porch
  • Foundation Description:Granite, Poured Concrete

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$265,000
  • Price per sq. ft.:$56.58
  • Tax amount:$5,590 (2025)

Features and amenities

  • Laundry features:Washer Hookup
  • Amenities:Storage

Parking

  • Parking description:5 - 10 Spaces, Common, Detached, Garage Door Opener, On Site, Paved
  • Garage:Yes
  • Garage spaces:2
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