Bought with Sprague & Curtis Real Estate
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Key Details
Sold Price $420,000
Property Type Multi-Family
Listing Status Sold
Square Footage 5,472 sqft
MLS Listing ID 1504898
Sold Date 11/12/21
Style Multi-Level
Full Baths 9
HOA Y/N No
Abv Grd Liv Area 5,472
Originating Board Maine Listings
Year Built 1920
Annual Tax Amount $5,760
Tax Year 21
Lot Size 6,098 Sqft
Acres 0.14
Property Description
Good rental income and strong cash flow come with this 9 unit that features a nice mix of units and recent updates. 6 - 2 Bed, 3 - 1 Bed, ample parking, good size apartments, 3 units per level, 5,472 SF of living area, all have full baths & vinyl windows, kitchen/living room, 3 large and well built decks/porches (2 of them are newer), good ingress & egress, nice in-town location and corner lot, BBHW oil heat, (natural gas at street-good conversion opportunity), not far from downtown or the Market Place Mall & I-95, good net operating income and a solid long term investment. Apartments are in big demand in Augusta!
Location
State ME
County Kennebec
Zoning RC
Direction From downtown Augusta, Northern Ave, at corner of Northern Ave & Kendall Ct
Rooms
Basement Walk-Out Access, Full, Unfinished
Interior
Interior Features 1st Floor Bedroom, Bathtub
Heating Multi-Zones, Hot Water, Baseboard
Cooling None
Flooring Vinyl, Carpet
Exterior
Garage 5 - 10 Spaces, Paved
Waterfront No
View Y/N No
Roof Type Flat
Street Surface Paved
Porch Deck, Porch
Parking Type 5 - 10 Spaces, Paved
Garage No
Building
Lot Description Corner Lot, Rolling Slope, Sidewalks, Intown, Near Shopping, Near Town, Neighborhood
Story 3
Foundation Granite, Other, Concrete Perimeter
Sewer Public Sewer
Water Public
Architectural Style Multi-Level
Structure Type Vinyl Siding,Wood Frame
Others
Restrictions Unknown
Energy Description Oil
Financing Conventional
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Paul Rondeau
Broker Associate | License ID: BA923327
Broker Associate License ID: BA923327