157 Madison Avenue, Skowhegan, ME 04976
$424,000
Property Type:
Multi-Family
Baths:
3
Square Footage:
3,495
Lot Size (sq. ft.):
13,504
Status:
Pending
Current Price:
$424,000
List Date:
5/19/2025
Last Modified:
9/12/2025
Description
12920 - Madison Avenue properties are rarely for sale; this building is ready for serious consideration for your portfolio. It is a mixed-use property that has many updated capital improvements including new siding and a large, paved parking lot. The front two thirds of the first floor is being used as professional office space for an accounting firm, which is approximately 1,600 sqft. The rear portion of the first floor is a private recently renovated 2-bedroom apartment. The second level is another rent producing unit of another 2 bedrooms. The third story is cold storage at this time; however, one could explore the older apartment (has not been occupied for many years) and see what is needed for code enforcement to deem it a 4th unit. Inquire today for more details!
Supplements: ********
More Information MLS# 1616180
Location Information
Book: 4140
Leased Land: No
Page: 321
Map: 29
Lot: 90
Zoning Overlay: No
Association: No
Tree Growth Y/N: No
Street #: 157
Street Name: Madison
Street Type: Avenue
County: Somerset
Town: Skowhegan
State/Province: ME
Zip Code: 04976
Zoning: Commercial
Full Tax Amount $: 3913
Tax Year: 2024
Geo Lat: 44.772307
Geo Lon: -69.722206
Property Information
Surveyed: Unknown
Seasonal: No
Owner Occupied: No
Number of Units: 3
Deed/Conveyance Type Offered: Quit Claim w/Covenant
Deed: Partial
Lot Size Acres +/-: 0.31
Total Baths: 3
Total Half Baths: 1
Color: Blue & Gray
Road Frontage: Yes
Road Frontage +/-: 82
Source of Road Frontage: Public Records
SqFt Finished Above Grade: 3495
SqFt Finished Below Grade: 0
SqFt Source: Public Records
Garage: Yes
Garage Spaces: 1
Total Full Baths: 2
Year Built: 1900
SqFt Finished Total: 3495
Source of Acreage: Public Records
Site
Level: 1
Open: 1
Location
Intown: 1
Near Shopping: 1
Near Town: 1
Retail Strip: 1
Roads
Paved: 1
Public: 1
Transportation
Major Road Access: 1
Water Info
Water Frontage: No
Water View: No
Recreational Water
Lake/Fresh Water: 1
Nearby: 1
River/Brook/Stream: 1
Style
Colonial: 1
Construction
Wood Frame: 1
Basement
Brick/Mortar: 1
Crawl Space: 1
Partial: 1
Unfinished: 1
Foundation Materials
Brick/Mortar: 1
Poured Concrete: 1
Stone: 1
Exterior
Vinyl Siding: 1
Roof
Pitched: 1
Shingle: 1
Heat System
Baseboard: 1
Direct Vent Heater: 1
Forced Air: 1
Heat Pump: 1
Building Info
# Stories: 3
# Floors: 3
# Heating Units: 3
# Water Heaters: 3
Heat Fuel
Electric: 1
K-1/Kerosene: 1
Oil: 1
Income & Expenses
Gross Income: 46740
Operating Expenses: 15531
Cooling
Heat Pump: 1
Floors
Carpet: 1
Laminate: 1
Vinyl: 1
Accessibilitiy Amenities
Level Entry: 1
Units
# of 2 BD Units: 2
# of 3 BD Units: 1
Parking
11 - 20 Spaces: 1
On Site: 1
Paved: 1
Unit 1
Lease: No
Level: First
Security Deposit: No
Monthly Rent: 2000
# of Half Baths: 1
# of Rooms: 5
# of Bedrooms: 3
Dedicated Electric Meter: Yes
Dedicated Gas Meter: No
Dedicated Water Heater: Yes
Electric: Yes
Heat: Yes
Range: No
Refrigerator: No
Sewer: Yes
Water: Yes
Electric
Circuit Breakers: 1
Unit 2
Lease: No
Level: First
Security Deposit: Yes
Monthly Rent: 1000
# Full Baths: 1
# of Rooms: 4
# of Bedrooms: 2
Dedicated Electric Meter: Yes
Dedicated Gas Meter: No
Dedicated Water Heater: No
Electric: Yes
Heat: Yes
Range: Yes
Refrigerator: Yes
Sewer: Yes
Water: Yes
Utilities
Utilities On: Yes
Unit 3
Lease: No
Level: Second
Security Deposit: Yes
Monthly Rent: 1100
# Full Baths: 1
# of Rooms: 5
# of Bedrooms: 2
Dedicated Electric Meter: Yes
Dedicated Gas Meter: No
Dedicated Water Heater: Yes
Electric: Yes
Heat: Yes
Range: Yes
Refrigerator: Yes
Sewer: Yes
Water: Yes
Gas
No Gas: 1
Sewer
Public Sewer: 1
Water
Public: 1
Driveway
Paved: 1
Restrictions
No Restrictions: 1
Basement Entry
Interior: 1
Water Heater
Electric: 1
Amenities
1st Floor Bedroom: 1
Laundry - 1st Floor: 1
One-Floor Living: 1
Storage: 1
Equipment
Internet Access Available: 1
Vehicle Storage
1 Car: 1
Detached: 1
Contract Information
Status: Pending
Original List Price: 429000
List Price: $424,000
Current Price: $424,000
Status Change Info
Pending Date: 2025-09-10
Property Features
Site: Level; Open
Location: Intown; Near Shopping; Near Town; Retail Strip
Roads: Paved; Public
Transportation: Major Road Access
Recreational Water: Lake/Fresh Water; Nearby; River/Brook/Stream
Style: Colonial
Construction: Wood Frame
Basement: Brick/Mortar; Crawl Space; Partial; Unfinished
Basement Entry: Interior
Foundation Materials: Brick/Mortar; Poured Concrete; Stone
Exterior: Vinyl Siding
Roof: Pitched; Shingle
Heat System: Baseboard; Direct Vent Heater; Forced Air; Heat Pump
Heat Fuel: K-1/Kerosene; Oil
Water Heater: Electric
Cooling: Heat Pump
Floors: Carpet; Laminate; Vinyl
Amenities: 1st Floor Bedroom; Laundry - 1st Floor; One-Floor Living; Storage
Equipment: Internet Access Available
Driveway: Paved
Parking: 11 - 20 Spaces; On Site; Paved
Vehicle Storage: 1 Car; Detached
Restrictions: No Restrictions
Electric: Circuit Breakers
Gas: No Gas
Sewer: Public Sewer
Water: Public
Property Disclosure Public Access ›Listing Office: Allied Realty
Last Updated: September - 12 - 2025
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