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3 Baths
4,684 sqft

$235,000

54 Weston Avenue, Madison ME, 04950

Built in1910
Property size4,684 sqft
Property typeMulti-family
Courtesy of Real Broker

Overview

Active

Listed Jul 15, 2026

Updated 40h ago

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 2-bedroom units and one 1-bedroom unit, subject to municipal approval and any required permits. Properties offering this combination of size, flexibility, income potential, and future upside are hard to find. Schedule your private showing today!

$1,563/mo

Est. mortgage payment based on a $235,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
1672049

Interior Features

Bathrooms
3
Heating
Yes
Basement
Yes

Exterior Features

Lot Size
0.23 Acres

Other Property Details

Taxes
$5,590
Tax Frequency
Annually
Garage
Yes
MLS provider logo

Listing Contact: 207-314-8443

Listed by Corey Lee with Real Broker 207-314-8443

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. © 2026 Maine Real Estate Information System, Inc. All Rights Reserved. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor Nola Cady shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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Data is refreshed every 3 hours. Listing last updated at 3:54 AM UTC, 10/10/2026

 

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