557 Preble Avenue, Madison, ME, 04950 | $150,000

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 buyers looking to add value and make it their own.

Features

  • Amenities: Storage
  • Rooms: 9
  • Bedrooms: 4
  • Baths: 2 full
  • Laundry: Laundry - 1st Floor, Main Level
  • Style: Cape Cod
  • Year Built: 1960
  • Garage: 2-car
  • Heating: Wood Stove, Pellet Stove, Hot Water, Baseboard
  • Cooling: None
  • Basement: Interior, Walk-Out Access, Partial
  • Approx Sq. Feet: 2,352
  • Acreage: 2
  • Est. Taxes: $3,672
  • Lot Desc: Open, Level, Near Town
  • View: Trees/Woods
  • Appliances: Refrigerator, Gas Range
  • MLS#: 1649513
  • Website: https://www.raveis.com
    /prop/1649513/557prebleavenue_madison_me?source=qrflyer
Listing data is derived in whole or in part from the Maine IDX & is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.
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Listing courtesy of Real Broker

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