Bought with F.O. Bailey Real Estate
$230,000
$269,000
14.5%For more information regarding the value of a property, please contact us for a free consultation.
2 Baths
2,148 SqFt
SOLD DATE : 05/30/2025
Key Details
Sold Price $230,000
Property Type Multi-Family
Listing Status Sold
Square Footage 2,148 sqft
MLS Listing ID 1619933
Sold Date 05/30/25
Style Other
Full Baths 2
HOA Y/N No
Abv Grd Liv Area 2,148
Year Built 1898
Annual Tax Amount $2,491
Tax Year 2024
Lot Size 0.290 Acres
Acres 0.29
Source Maine Listings
Property Description
This well-maintained duplex features two spacious 3-bedroom units, both occupied by long-term tenants and generating consistent rental income from day one.
Perched on an elevated lot, the property offers a sense of privacy and elevated curb appeal, all while being just minutes from downtown Augusta. With close proximity to the State House, local hospitals, schools, and I-95, the location offers unbeatable convenience and accessibility for tenants.
With recent renovations and below market rents, this property presents a prime opportunity for increased cash flow and long-term equity growth, making it a savvy, low-maintenance addition to any portfolio. Whether you're expanding your investments or purchasing your first multi-family, this fully occupied property offers the perfect combination of stability, location, and tremendous growth potential.
Location
State ME
County Kennebec
Zoning RD
Rooms
Basement Interior, Full, Unfinished
Interior
Heating Hot Water, Baseboard
Cooling None
Flooring Vinyl, Tile, Carpet
Exterior
Parking Features 5 - 10 Spaces, Paved, Common, On Site, Off Street
Garage Spaces 2.0
Utilities Available 1
View Y/N No
Roof Type Pitched,Shingle
Garage Yes
Building
Lot Description Rolling/Sloping, Sidewalks, Intown, Near Turnpike/Interstate
Sewer Public Sewer
Water Public
Architectural Style Other
Structure Type Vinyl Siding,Wood Frame
Others
Restrictions Unknown
Energy Description Oil
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