| Up North Realty Maine

557 Preble Avenue, Madison, ME 04950

$150,000
Property Type: Residential Bedrooms: 4 Baths: 2 Square Footage: 2,352 Lot Size (sq. ft.): 87,120 Status: Pending
Current Price: $150,000 List Date: 1/16/2026 Last Modified: 3/24/2026

Overview

Description

This classic single-family residence offers 4 bedrooms and 2 full bathrooms, providing ample space and flexible living options. With 2,352 square feet of interior living space, this home presents a solid foundation for customization and value enhancement. Situated on a spacious 2-acre lot, the property offers privacy while remaining conveniently close to town, making it an ideal location for both owner-occupants and investors. A newer metal roof adds durability and long-term value, while multiple heat sources provide efficiency and comfort options throughout the seasons. The home includes a 2-bay garage, perfect for vehicles, storage, or workshop use. While the property needs TLC, it offers tremendous potential for renovation, rental income, or resale. The generous lot size allows room for outdoor living, expansion, or landscaping improvements. With its desirable layout, strong structural features, and excellent location, this property is a great investment opportunity for buy ...

Listing Details MLS# 1649513

Property Sub-Type

Property Sub-Type
Single Family Residence

Location Information

Street #
557
Street Name
Preble
Street Type
Avenue
County
Somerset
Town
Madison
State/Province
ME
Zip Code
04950
Zip +4
4029
Leased Land
No
Book
6297
Page
146-150
Map
2
Lot
31-A
Zoning
Residential
Zoning Overlay
Unknown
Association
No
Full Tax Amount $
3672.24
Tax Year
2025
Tree Growth Y/N
No

Contract Information

Original List Price
160000

Property Information

Surveyed
No
Seasonal
No
Deed Restrictions
Unknown
# Rooms
9
# Bedrooms
4
Total Full Baths
2
Total Baths
2
Color
Beige
Year Built
1960
SqFt Finished Above Grade
2352
SqFt Finished Total
2352
SqFt Source
Public Records
Garage
Yes
Garage Spaces
2
Lot Size Acres +/-
2
Source of Acreage
Public Records
Road Frontage
Yes
Road Frontage +/-
418
Source of Road Frontage
Deed
Total Half Baths
0
# Fireplaces
0
SqFt Finished Below Grade
0

Status Change Info

Pending Date
2026-03-23

Water Info

Water Frontage
No
Water View
No

More Information

Vehicle Storage

Attached
Yes
2 Car
Yes

Utilities

Utilities On
No

Site

Level
Yes
Open
Yes

Location

Near Town
Yes

Roads

Paved
Yes
Public
Yes

Transportation

Major Road Access
Yes

Construction

Wood Frame
Yes

Basement

Partial
Yes
Walk-Out Access
Yes

View

Trees/Woods
Yes

Foundation Materials

Poured Concrete
Yes

Exterior

Vinyl Siding
Yes

Roof

Metal
Yes
Pitched
Yes

Heat System

Baseboard
Yes
Hot Water
Yes
Pellet Stove
Yes
Wood Stove
Yes

Appliances Included

Gas Range
Yes
Refrigerator
Yes

Heat Fuel

Oil
Yes
Pellets
Yes
Wood
Yes

Cooling

None
Yes

Floors

Vinyl
Yes

Kitchen Countertop

Formica
Yes

Parking

1 - 4 Spaces
Yes

Style

Cape Cod
Yes

Electric

Circuit Breakers
Yes

Bedroom 1

Bedroom 1
Yes
Bedroom 1 Level
Second

Bedroom 1 Amenities

Closet
Yes

Gas

Bottled
Yes

Sewer

Private Sewer
Yes

Bedroom 2

Bedroom 2
Yes
Bedroom 2 Level
Second

Water

Private
Yes

Bedroom Amenities 2

Closet
Yes

Bedroom 3

Bedroom 3
Yes
Bedroom 3 Level
Second

Bedroom Amenities 3

Closet
Yes

Driveway

Gravel
Yes

Basement Entry

Interior
Yes

Water Heater

Off Heating System
Yes

Amenities

Laundry - 1st Floor
Yes
Storage
Yes

Patio and Porch Features

Deck
Yes

Equipment

Cable
Yes
Internet Access Available
Yes

Dining Room

Dining Room
Yes
Dining Room Level
First

Kitchen

Kitchen
Yes
Kitchen Level
First

Laundry Room

Laundry
Yes
Laundry Room Level
First

Living Room

Living Room
Yes
Living Room Level
First

Living Room Amenities

Heat Stove
Yes

Primary Bedroom

Primary Bedroom
Yes
Primary Bedroom Level
Second

Office

Office
Yes
Office Level
Second

Room Features

Closet
Yes
Heat Stove
Yes

Property Features

Site: Level; Open Location: Near Town Roads: Paved; Public Transportation: Major Road Access View: Trees/Woods Appliances Included: Gas Range; Refrigerator Kitchen Countertop: Formica Style: Cape Cod Construction: Wood Frame Basement: Partial; Walk-Out Access Basement Entry: Interior Foundation Materials: Poured Concrete Roof: Metal; Pitched Exterior: Vinyl Siding Heat System: Baseboard; Hot Water; Pellet Stove; Wood Stove Heat Fuel: Oil; Pellets; Wood Water Heater: Off Heating System Cooling: None Floors: Vinyl Amenities: Laundry - 1st Floor; Storage Patio and Porch Features: Deck Equipment: Cable; Internet Access Available Driveway: Gravel Parking: 1 - 4 Spaces Vehicle Storage: 2 Car Electric: Circuit Breakers Gas: Bottled Sewer: Private Sewer Water: Private

Room Information

Room Name Level
Bedroom 1 Second
Bedroom 2 Second
Bedroom 3 Second
Primary Bedroom Second
Laundry First
Office Second
Kitchen First
Living Room First
Dining Room First
Listing Office: Real Broker
IDX
Last Updated: March - 24 - 2026
Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. Copyright ©2022 Maine Real Estate Information System, Inc. All Rights Reserved. Equal Housing Opportunity.