557 Preble Avenue

Madison, ME 04950
Beds
4
Baths
2
Square Ft.
2,352
$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.
Market LogoCourtesy of Real Broker 207-272-3984
Listing Snapshot
Days Online
106
Last Updated
Property Type
Single Family Residence
Beds
4
Full Baths
2
Square Ft.
2,352
Lot Size
2 Acres
Year Built
1960
MLS Number
1649513
Additional Details
Property Access
Road Surface Type: "Paved"
Appliances & Equipment
Appliances: "Refrigerator", "Gas Range"
Basement
Basement: "Interior", "Walk-Out Access", "Partial"
Building
Architectural Style: "Cape Cod", Building Area Source: Public Records, Building Area Total: 2,352, Construction Materials: "Vinyl Siding", "Wood Frame", Year Built: 1960
Cooling
Cooling: "None"
Exterior Features
Other Equipment: "Internet Access Available", "Cable", Patio And Porch Features: "Deck", Patio And Porch Features: "Deck"
Floors
Flooring: "Vinyl"
Foundation
Foundation Details: "Concrete Perimeter"
Garage
Attached Garage, Garage Included, 2 garage spaces
Heating
Heating: "Wood Stove", "Pellet Stove", "Hot Water", "Baseboard", Heating Included
Interior Features
Features: "Storage"
Laundry
Features: "Laundry - 1st Floor", "Main Level"
Lot
Features: "Open", "Level", "Near Town", 2 acres, Area: 2, 87,120 square feet
Parking
Features: "1 - 4 Spaces", "Gravel"
Property
Parcel Number: MADN-000002-000000-000031-000003, Property Sub Type: Single Family Residence, View: "Trees/Woods", Zoning: Residential
Roof
Roof: "Metal", "Pitched"
Sewer
Sewer: "Private Sewer"
Taxes
Annual Amount: $3,672, Tax Lot: 31-A
Utilities
Electric: "Circuit Breakers", Water Source: "Private"
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SOurce: Home Junction
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30 Days Snapshot Of 04950
$231k
-9%
(avg) sold price
4
0%
homes sold
63
-30%
(avg) days on market
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Fred Andrews
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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.