10 Unit Augusta, Maine
Multi-Family
for Sale
Catylist Listing ID: |
30845119 |
Property Subtypes: |
Mid-Rise
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Number of Units: |
10 Units |
Building Size (RSF): |
5,360 SF |
Gross Building Area: |
See Agent |
Sale Price: |
$675,000 |
Unit Price: |
$67,500 Per Unit |
In Opportunity Zone? |
Yes |
Property Use Type: |
Investment |
Sale Terms: |
Purchase Money Mortgage |
Cap Rate: |
Undisclosed |
Last Updated: |
9/19/2023 |
Overview / Comments
Great investment opportunity, located in the heart of Augusta. Fully rented 10 units. Five of the tenants pay their own heat. Building has great rental history. Most units have been remodeled. Building manager in place (may be interested in staying). Several of the units have beautiful detailing including marble fireplace mantles, beautiful front entry way, granite steps plus great architectural detail. Coin op washers and dryers.
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Financials
Finance Data Year |
2023 |
Real Estate Taxes - Annual($) |
$6,458 (Annual) |
Additional Details
Nearest MSA: |
Augusta-Waterville |
County: |
Kennebec |
Tax ID/APN: |
11020_00034 00163 00000 |
Zoning: |
MIXED USE |
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 |
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 |
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