Value Add Duplex for Sale in the Heart of Augusta. Each unit has their living room and kitchen on the first floor and all bedrooms on the second floor. Unit #1 on the left is a month to month tenant. Unit #2 on the right, the lease expires in November 2025. Tenants pay heat and electric. Both units are below market rents.
Excellent location close to town center, bus lines and shopping districts.
Low property expenses make this cash flowing property a must see for investors or owner occupy!
Closed
$270,000
116 Bridge Street, Augusta, ME 04330
5beds
2,640sqft
Multi Family
Built in 1848
-- sqft lot
$276,200 Zestimate®
$102/sqft
$1,979 Estimated rent
Home value
$276,200
$210,000 - $365,000
$1,979/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Spectrum Real Estate
Bought with:
Your Home Sold Guaranteed Realty
Source: Maine Listings,MLS#: 1612994
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Heating
- Baseboard, Blowers
Cooling
- None
Features
- Flooring: Carpet, Wood
- Basement: Doghouse,Dirt Floor
- Number of fireplaces: 1
Interior area
- Total structure area: 2,640
- Total interior livable area: 2,640 sqft
- Finished area above ground: 2,640
- Finished area below ground: 0
Property
Parking
- Parking features: Common, Paved, 1 - 4 Spaces, Off Street
Features
- Stories: 2
Lot
- Size: 3,484 Square Feet
- Features: Near Town, Neighborhood, Open Lot
Details
- Parcel number: AUGUM00028B00105L00000
- Zoning: RB2
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Other
- Property subtype: Multi Family
Materials
- Wood Frame, Vinyl Siding
- Roof: Shingle
Condition
- Year built: 1848
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Utilities On
Community & HOA
Location
- Region: Augusta
Financial & listing details
- Price per square foot: $102/sqft
- Tax assessed value: $113,400
- Annual tax amount: $2,698
- Date on market: 1/22/2025
- Listing terms: 1031 Exchange
Price history
| Date | Event | Price |
|---|---|---|
| 3/12/2025 | Pending sale | $279,000+3.3%$106/sqft |
Source:  Maine Listings #1612994 Report a problem | ||
| 3/11/2025 | Sold | $270,000-3.2%$102/sqft |
Source: Maine Listings #1612994 Report a problem | ||
| 1/28/2025 | Contingent | $279,000$106/sqft |
Source: Maine Listings #1612994 Report a problem | ||
| 1/22/2025 | Listed for sale | $279,000-2.1%$106/sqft |
Source: Maine Listings #1612994 Report a problem | ||
| 9/18/2023 | Listing removed | -- |
Source: Maine Listings #1553581 Report a problem | ||
| 8/11/2023 | Price change | $285,000-3.4%$108/sqft |
Source: Maine Listings #1553581 Report a problem | ||
| 3/30/2023 | Price change | $295,000-1.7%$112/sqft |
Source: Maine Listings #1553581 Report a problem | ||
| 3/9/2023 | Listed for sale | $300,000+66.8%$114/sqft |
Source: Maine Listings #1553581 Report a problem | ||
| 9/30/2021 | Listing removed | -- |
Source: Maine Listings #1492918 Report a problem | ||
| 8/16/2021 | Price change | $179,900-10%$68/sqft |
Source: Maine Listings #1492918 Report a problem | ||
| 5/24/2021 | Listed for sale | $199,900+263.5%$76/sqft |
Source:  Maine Listings #1492918 Report a problem | ||
| 4/26/2011 | Sold | $55,000-8.2%$21/sqft |
Source: Maine Listings #975416 Report a problem | ||
| 2/24/2011 | Listed for sale | $59,900$23/sqft |
Source: CENTURY 21 Alliance #975416 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $2,699 +3.6% | $113,400 |
| 2023 | $2,604 +4.7% | $113,400 |
| 2022 | $2,486 +4.7% | $113,400 |
| 2021 | $2,375 | $113,400 |
| 2020 | $2,375 -1.1% | $113,400 -1% |
| 2019 | $2,401 | $114,500 |
| 2018 | $2,401 +2.9% | $114,500 |
| 2017 | $2,334 +3% | $114,500 |
| 2016 | $2,266 +2% | $114,500 |
| 2015 | $2,221 +3.9% | $114,500 |
| 2014 | $2,138 +2.9% | $114,500 |
| 2013 | $2,078 +3.4% | $114,500 |
| 2012 | $2,009 +7.4% | $114,500 +5.9% |
| 2011 | $1,870 -9.8% | $108,100 -13% |
| 2009 | $2,074 | $124,200 |
Find assessor info on the county website
Neighborhood: 04330
Nearby homes
- $235,3003 bd1 ba1.4k sqft120 Bridge St, Augusta, ME 04330Off Market
- $269,7004 bd2 ba2.2k sqft22 N Chestnut St, Augusta, ME 04330Off Market
- $326,2003 bd2 ba1.8k sqft20 N Chestnut St, Augusta, ME 04330Off Market
- $--1 bd1 ba800 sqft123 Bridge St APT 1, Augusta, ME 04330Off Market
- $290,6004 bd4 ba2.8k sqft123 Bridge St, Augusta, ME 04330Off Market
- $--1 bd1 ba940 sqft123 Bridge St #2, Augusta, ME 04330Off Market
- $--2 bd2 ba1.4k sqft123 Bridge St #3, Augusta, ME 04330Off Market
- $96,1001 bd1 ba800 sqft121 Bridge St, Augusta, ME 04330Off Market
Nearby schools
GreatSchools rating
- 5/10Lincoln SchoolGrades: K-6Distance: 0.4 mi
- 3/10Cony Middle SchoolGrades: 7-8Distance: 1.8 mi
- 4/10Cony High SchoolGrades: 9-12Distance: 1.8 mi
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$276,200
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- Maine
- Kennebec County
- Augusta
- 04330
- 116 Bridge Street
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