Bought with Pouliot Real Estate
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Key Details
Sold Price $160,000
Property Type Multi-Family
Listing Status Sold
Square Footage 4,087 sqft
MLS Listing ID 1565702
Sold Date 08/14/23
Style Multi-Level
Full Baths 4
HOA Y/N No
Abv Grd Liv Area 4,087
Originating Board Maine Listings
Year Built 1937
Annual Tax Amount $2,942
Tax Year 2022
Lot Size 6,534 Sqft
Acres 0.15
Property Description
Great equity building opportunity here! This large, 4 unit apartment building has had a tremendous amount of work done to this point and is ready to be finished up. Demo, most framing and some electrical and plumbing rough in has begun on the three unfinished units. Currently the set up is a large 3 bedroom on the first floor, a proposed large 2-3 bedroom unit on the second floor and two spacious 1 bed units on the top floor. The kitchen cabinets have been purchased and are on site. Heating is by way of a Buderus high efficiency gas boiler, and there is natural gas already connected to the building, so each unit could be fit up with its own individual heat source if desired. New roof in 2022 and new pressure treated decks and entrances added to the rear of the building. Walkout basement makes access for utility maintenance or storage easy. With a super hot rental market in Augusta, there is strong demand for newly finished units and this building is sure to fill fast when done. Set up your showing to check it out today!
Location
State ME
County Kennebec
Zoning RD
Rooms
Basement Walk-Out Access, Full, Unfinished
Interior
Heating Multi-Zones, Hot Water
Cooling None
Flooring Wood, Vinyl, Other
Exterior
Garage 1 - 4 Spaces, Paved, Off Site, On Site
Waterfront No
View Y/N No
Roof Type Shingle
Street Surface Paved
Parking Type 1 - 4 Spaces, Paved, Off Site, On Site
Garage No
Building
Lot Description Open Lot, Sidewalks, Intown, Near Shopping
Sewer Public Sewer
Water Public
Architectural Style Multi-Level
Structure Type Vinyl Siding,Wood Frame
Others
Energy Description Gas Natural
Financing Cash
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Paul Rondeau
Broker Associate | License ID: BA923327
Broker Associate License ID: BA923327