10 Unit Augusta, Maine

Multi-Family for Sale
Catylist Listing ID: 30845119
Property Subtypes: Mid-Rise
Number of Units: 10 Units
Building Size (RSF): 5,360 SF
Gross Building Area: See Agent
Sale Price: $675,000
Unit Price: $67,500 Per Unit
In Opportunity Zone? Yes
Property Use Type: Investment
Sale Terms: Purchase Money Mortgage
Cap Rate: Undisclosed
Last Updated: 9/19/2023

Overview / Comments

Great investment opportunity, located in the heart of Augusta. Fully rented 10 units. Five of the tenants pay their own heat. Building has great rental history. Most units have been remodeled. Building manager in place (may be interested in staying). Several of the units have beautiful detailing including marble fireplace mantles, beautiful front entry way, granite steps plus great architectural detail. Coin op washers and dryers.


Finance Data Year 2023
Real Estate Taxes - Annual($) $6,458 (Annual)

Additional Details

Nearest MSA: Augusta-Waterville
County: Kennebec
Tax ID/APN: 11020_00034 00163 00000
Total Number of Buildings: 1
Property Condition: Good
Number of Stories: 3
Year Built: 1900
Total Parking Spaces: 12
Laundry: Shared
Heat Type: Electricity, Oil
Heat Source: Baseboard
Fuel: Oil, Electric
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 5,995 16,337 27,681
Median Age: 38.77 43.77 44.02
Households: 2,921 7,708 12,449


Photograph of Listing Agent

Gleason Kim

McAllister Real Estate
NECPE Member
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