8 Preble Avenue, Madison, ME 04950

New Listing
$159,900
Property Type: Multi-Family Baths: 2 Square Footage: 1,632 Lot Size (sq. ft.): 9,583 Status: Active
Current Price: $159,900 List Date: 1/09/2026 Last Modified: 1/09/2026

Description

13047 - Well-maintained 2-unit apartment building offering an excellent opportunity for investors or owner-occupants. The first-floor unit features one bedroom, while the upper-level unit offers two bedrooms and is occupied by a long-term tenant of several years. Both units are currently rented, providing immediate income. Property includes a two-car detached garage, an additional storage shed, and a nice yard. Conveniently located close to town, shopping, and local amenities. Solid rental history and desirable location make this a strong income-producing property.

Supplements: ********

More Information MLS# 1648987

Location Information

Street #: 8 Street Name: Preble Street Type: Avenue County: Somerset Town: Madison State/Province: ME Zip Code: 04950 Zip +4: 1417 Leased Land: No Book: 5469 Page: 172 Map: 17 Lot: 32 Zoning: None Zoning Overlay: No Association: No Full Tax Amount $: 2911.48 Tax Year: 2025 Tree Growth Y/N: No Geo Lat: 44.791747 Geo Lon: -69.880913

Contract Information

Status: Active Original List Price: 159900 List Price: $159,900 Current Price: $159,900

Property Information

Surveyed: Unknown Seasonal: No Deed/Conveyance Type Offered: Warranty Deed: All Number of Units: 2 Total Baths: 2 Total Full Baths: 2 Year Built: 999 SqFt Finished Above Grade: 1632 SqFt Finished Total: 1632 SqFt Source: Public Records Garage: Yes Garage Spaces: 2 Lot Size Acres +/-: 0.22 Source of Acreage: Public Records

Water Info

Water Frontage: No Water View: No

Units

# of 1 BD Units: 1 # of 2 BD Units: 1

Unit 1

Lease: No Level: First Security Deposit: Yes Monthly Rent: 800 # Full Baths: 1 # of Rooms: 3 # of Bedrooms: 1 Dedicated Electric Meter: No Dedicated Gas Meter: No Dedicated Water Heater: No Electric: Yes Heat: Yes Range: Yes Refrigerator: Yes Sewer: Yes Water: Yes

Unit 2

Lease: No Level: Second Security Deposit: Yes Monthly Rent: 800 # Full Baths: 1 # of Rooms: 5 # of Bedrooms: 1 Dedicated Electric Meter: No Dedicated Gas Meter: No Dedicated Water Heater: No Electric: Yes Heat: Yes Range: Yes Refrigerator: Yes Sewer: Yes Water: Yes

Property Features

Site: Level; Open Location: Near Town Roads: Public Style: Split Level Construction: Wood Frame Basement: Full Basement Entry: Doghouse; Interior Foundation Materials: Poured Concrete Exterior: Vinyl Siding Roof: Metal Heat System: Direct Vent Heater; Forced Air Heat Fuel: Oil; Propane Water Heater: Electric Cooling: None Floors: Carpet; Laminate; Wood Driveway: Gravel Parking: 5 - 10 Spaces; On Site Vehicle Storage: 2 Car; Detached Restrictions: No Restrictions Electric: Circuit Breakers Gas: Bottled Sewer: Public Sewer Water: Public
Listing Office: Allied Realty
Last Updated: January - 09 - 2026
8 Preble Avenue, Madison, ME 04950- MLS# 1648987
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