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$474,000

  • Sold
  • Closed
  • Multi-Family
  • 3 Units
  • 0.31 Acres
  • 1 Car Garage
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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!

Full Property Details for 157 Madison Ave

General

  • Sold For: $474,000
  • Taxes: $3,913 (2024)
  • Status: Closed
  • Type: Multi-Family
  • Source: MREIS
  • MLS ID: 1616180
  • Added to Site: 243 day(s) ago

Interior

  • Interior Features: 1st Floor Bedroom, One-Floor Living, Storage
  • Flooring: Vinyl, Laminate, Carpet

Rooms

Bathrooms

  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1

Other Rooms

  • Laundry: Laundry - 1st Floor, Main Level

Additional Information

  • Equipment: Internet Access Available

Parking

  • Garage: Yes
  • Garage Spaces: 1
  • Parking Features: 11 - 20 Spaces, Paved, On-Site Parking, Detached

Location

  • County: Somerset

Community

  • Pets Allowed: Yes

Heating & Cooling

  • Air Conditioning: Yes
  • Cooling Type: Heat Pump
  • Heating Type: Heat Pump, Forced Air, Direct Vent Heater, Baseboard

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • Utility Description: Utilities On

Structural Information

  • Architectural Style: Colonial
  • Construction: Vinyl Siding, Wood Frame
  • Roof: Pitched, Shingle
  • Stories/Levels: 3
  • Building Size: 3495
  • Square Feet: 3,495
  • Living Area: 3,495 Sq. Ft.
  • Finished Total: 3,495 Sq. Ft.
  • Finished Above Grnd: 3,495 Sq. Ft.
  • Year Built: 1900

Lot Features

  • Lot Size (Acres): 0.31
  • Lot Size (Sq. Ft.): 13,503.6
  • Lot Size Source: Public Records
  • Zoning: Commercial
  • Lot Description: Open, Level, Intown, Near Shopping, Near Town, Retail Strip

Financial Considerations

  • Tax Amount: $3,913
  • Tax Year: 2024

Disclosures and Reports

  • Lot Number: 90

Listed and Sold by Allied Realty (207) 474-9553

Listing agent

— 157 Madison Ave —

  • Allied Realty

    207-474-9553

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 157 Madison Ave

School District:School Administrative District 54
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 157 Madison Ave

Date
Details
Price
Change
Source
9/30/2025
Sold
$474,000
11.79%
MLS
6/26/2025
Price Reduced
$424,000
-1.17%
MLS
3/14/2025
Listed
$429,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed and Sold by Allied Realty (207) 474-9553

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Price Reduced near 157 Madison Ave

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Recent Sales near 157 Madison Ave

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157 Madison Avenue, Skowhegan, ME 04976 (MLS# 1616180) is a Multi-Family property that was sold at $474,000 on September 30, 2025. Want to learn more about 157 Madison Avenue? Do you have questions about finding other Multi-Family real estate for sale in Skowhegan? You can browse all Skowhegan real estate or contact a Coldwell Banker agent to request more information.