152 Main St
Closed 10/21/25
Closed 10/21/25
Description
13007 - PRIME Investment Opportunity in Madison! Here's your chance to scoop up a 3-unit multi-family property sitting right on Main Street—where tenants (or you!) can walk to shops, restaurants, schools, and the park. Talk about LOCATION, LOCATION, LOCATION! This gem sits on an oversized lot with a shared driveway and comes with long-term tenants in all 3 units and a solid rental history. inside you'll find a spacious 2 bed / 1 bath unit, and two 1 bed / 1 bath unit. With all units currently rented...13007 - PRIME Investment Opportunity in Madison! Here's your chance to scoop up a 3-unit multi-family property sitting right on Main Street—where tenants (or you!) can walk to shops, restaurants, schools, and the park. Talk about LOCATION, LOCATION, LOCATION! This gem sits on an oversized lot with a shared driveway and comes with long-term tenants in all 3 units and a solid rental history. inside you'll find a spacious 2 bed / 1 bath unit, and two 1 bed / 1 bath unit. With all units currently rented and a historically low vacancy rate, you've got steady income right out of the gate! Want to live here yourself? No problem! With no long-term leases in place, you've got the flexibility to move in and make it your own. The property already has strong bones—half the roof was replaced after the 2023 ''Grinch Storm,'' and while the other half may need updating soon, the potential here is HUGE. A little paint and TLC will go a long way in boosting value. Opportunities like this don't pop up every day. Whether you're looking to expand your portfolio or get started in real estate investing, this property checks all the boxes. Don't wait—this Madison multi-unit won't last long!
- Listed by Chelsea VanGorden • Allied Realty
Property Details for 152 Main Street
Waterfront
No
ArchitecturalStyleColonial
GarageNo
ZoningNone
LISTING UPDATED: 10/21/2025 02:27 PM
Property Details for 152 Main Street
| Status | Closed |
|---|---|
| MLS # | 1636284 |
| Days on Market | 20 |
| Taxes | $1,378 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Multi-Family |
| Year Built | 1940 |
| Lot Size | 0.21 AC / 9,147 SF |
| County | Somerset County |
Location
Listing Courtesy of Allied Realty
Sold By Keller Williams Realty
Add your commute
Building Information for 152 Main Street
Stories-Residences3Year Built1940Building Size-Lot Size0.21 AC / 9,147 SF
Payment Calculator
$958 per month
30 year fixed, 6.15% Interest
Principal and Interest
$843
Property Taxes
$115
HOA Dues
$0
The Payment Calculator is for illustrative purposes only.
Property Information for 152 Main Street
Summary
Location and General Information
- Road Surface Type: Paved
- Zip Code: 1529
- Directions: Use GPS.
- Town: Madison
- State/Province: ME
- Zip Code: 04950
- County: Somerset
- Geo Latitude: 44.798087
- Geo Longitude: -69.878391
- Tax Lot: 45
- Site:Level: Yes
- Site:Open: Yes
- Site:Sidewalks: Yes
- Location:Intown: Yes
- Location:Near Shopping: Yes
Parking
- Parking Features: 5 - 10 Spaces, Paved, Common
- Attached Garage: No
Taxes and HOA Information
- Tax Book Number: 2155
- Tax Map Number: 20
- Tax Year: 2024
- Parcel Number: MADN-000020-000000-000045
- Location Information:Association Y/N: No
- Tax Annual Amount: $1,378.00
- Restrictions:No Restrictions: Yes
Property
Heating and Cooling
- Water Heater:Electric: Yes
- Water Heater:Oil: Yes
Lot Information
- SqFt Finished Below Grade: 0.0
- SqFt Finished Above Grade: 2112.0
- Lot Size Acres: 0.21
- Source of Acreage: Public Records
- Building Area Total: 2112.0
- Lot Size Area: 0.21
- Lot Size Units: Acres
- Lot Size Square Feet: 9147.6
- Bathrooms Full: 3
- Bathrooms Half: 0
- Street Number: 152
- Property Information:Surveyed: No
- Property Information:Seasonal: No
- Property Information:Deed/Conveyance Type Offered: Warranty
- Property Information:Deed: All
- Property Information:Total Half Baths: .00
Parking
- Driveway:Common: Yes
- Driveway:Paved: Yes
Property and Assessments
- Leased Land: No
- Property Type: Multi-Family
- Property Type Label: Multi-Family
- Year Built: 1940
Utilities
- Electric: Fuses
- Sewer: Public Sewer
- Water Source: Public
- Gas:Bottled: Yes
Interior and Exterior Features
Exterior Features
- Construction Materials: Metal Clad, Wood Frame
- Vehicle Storage:No Vehicle Storage: Yes
- Roof: Metal
Interior Features
- Basement: Interior, Full, Bulkhead, Unfinished
- Flooring: Wood, Laminate, Carpet
- Cooling: None
- Heating: Hot Water, Baseboard
- Foundation Details: Concrete Perimeter
- Bathrooms Total (Integer): 3
- Bathrooms Total (Decimal): 3.00
- Bathrooms Total (Notational): 3.00
- Cooling YN: No
- Heating YN: Yes
Multi Family
Income & Expenses Information
- Gross Income: $31,800.00
- Operating Expenses: $15,427.46
Multi-Family Information
- Number of Units: 3
Unit 1
- Unit 1:Lease: No
- Unit 1:Level: First
- Unit 1:Security Deposit: No
- Unit 1:Monthly Rent: $750.00
- Unit 1:# Full Baths: 1.00
- Unit 1:# of Half Baths: .00
- Unit 1:# of Rooms: 4.00
- Unit 1:# of Bedrooms: 1.00
- Unit 1:Dedicated Electric Meter: No
- Unit 1:Dedicated Gas Meter: No
- Unit 1:Dedicated Water Heater: Yes
- Unit 1:Electric: Yes
- Unit 1:Heat: Yes
- Unit 1:Range: Yes
- Unit 1:Refrigerator: Yes
- Unit 1:Sewer: Yes
- Unit 1:Water: Yes
Unit 2
- Unit 2:Lease: No
- Unit 2:Level: First
- Unit 2:Security Deposit: No
- Unit 2:Monthly Rent: $950.00
- Unit 2:# Full Baths: 1.00
- Unit 2:# Half Baths: .00
- Unit 2:# of Rooms: 5.00
- Unit 2:# of Bedrooms: 1.00
- Unit 2:Dedicated Electric Meter: No
- Unit 2:Dedicated Gas Meter: No
- Unit 2:Dedicated Water Heater: Yes
- Unit 2:Electric: Yes
- Unit 2:Heat: Yes
- Unit 2:Range: Yes
- Unit 2:Refrigerator: Yes
- Unit 2:Sewer: Yes
- Unit 2:Water: Yes
Unit 3
- Unit 3:Lease: No
- Unit 3:Level: Second
- Unit 3:Security Deposit: No
- Unit 3:Monthly Rent: $950.00
- Unit 3:# Full Baths: 1.00
- Unit 3:# Half Baths: .00
- Unit 3:# of Rooms: 6.00
- Unit 3:# of Bedrooms: 2.00
- Unit 3:Dedicated Electric Meter: No
- Unit 3:Dedicated Gas Meter: No
- Unit 3:Dedicated Water Heater: Yes
- Unit 3:Electric: Yes
- Unit 3:Heat: Yes
- Unit 3:Range: Yes
- Unit 3:Refrigerator: Yes
- Unit 3:Sewer: Yes
- Unit 3:Water: Yes
Unit 4
- Unit 4:Electric: Yes
Unit Information
- Units:# of 1 BD Units: 2
- Units:# of 2 BD Units: 1
- Units:# of 3 BD Units: 0
- Units:# of 4+ BD Units: 0
Property History for 152 Main Street
| Date | Event & Source | Price | Appreciation |
|---|---|---|---|
| Oct 21, 2025 | Sold (Public Record) Public Record #1918121836 | $173,000 | — |
| Oct 21, 2025 | Sold Maine Listings #1636284 | $173,000 | — |
| Sep 22, 2025 | Active Under Contract Maine Listings #1636284 | — | |
| Sep 12, 2025 | Price Change Maine Listings #1636284 | $195,000 | — |
| Aug 30, 2025 | Listed (Active) Maine Listings #1636284 | $215,000 | — |
| Date | Event & Source | Price |
|---|---|---|
| 10/21/2025 | Sold (Public Record) Public Record #1918121836 | $173,000 |
| 10/21/2025 | Sold Maine Listings #1636284 | $173,000 |
| 09/22/2025 | Active Under Contract Maine Listings #1636284 | — |
| 09/12/2025 | Price Change Maine Listings #1636284 | $195,000 |
| 08/30/2025 | Listed (Active) Maine Listings #1636284 | $215,000 |
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 152 Main Street
Taxable ValueLand$27,200Additions$58,400Total$85,600
Tax Record2024$1,378 ($115 / month)
Home Facts
Total Finished SqFt2,112 SqFtAbove Grade Finished SqFt2,112 SqFtLot Size9,148 SqFtZoningRES INCountySOMERSETAPNMADN M:020 L:045
Schools near 152 Main Street
This home is within Regional School Unit 59 Msad 59.
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | 5 to 8 | |||
| Public - | 9 to 12 | |||
| Public - | PK to 4 |
Rating | School | Distance |
|---|---|---|
Madison Junior High School Public5 to 8 | ||
Madison Area Memorial High School Public9 to 12 | ||
Madison Elementary School PublicPK to 4 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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Listing Courtesy of Allied Realty
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. © 2022 Maine Real Estate Information System, Inc. All Rights Reserved.
