Closed

$530,000

132 Northern Avenue, Augusta, ME 04330

12beds

5,818sqft

Multi Family

Built in 1928

-- sqft lot

$712,100 Zestimate^®

$91/sqft

$1,666 Estimated rent

Home value

$712,100

$648,000 - $790,000

$1,666/mo

Zestimate^® history

Owner options

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$1,666/mo

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$1,666/mo

Rent Zestimate^®

Refinance and save

$3,304/mo

Est. payment

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$3,304/mo

Est. payment

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What's special

Good maintenanceSolid buildingGood flooringNewer natural gas boiler

Here is a solid 11-unit building that has a nice intown location with many features for the apartment house investor! The unit breakdown is: 10–1 bed, and 1–2 bed, (the 2 bed unit has 2 baths) building has good numbers and rental history, newer natural gas boiler, (less than 1 year old) good maintenance, some remodeled units, all with full baths, living room, good flooring, painted, etc., building manager in place, (may stay) lot size is .34 acre with parking, full basement and solid building, some of the rents could come up, walking distance to downtown and the Calumet playground. Nice and consistent income producer – good long-term investment. Currently, a very strong rental market.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 12
Bathrooms: 12
Full bathrooms: 12

Heating

Baseboard, Hot Water

Cooling

None

Features

1st Floor Bedroom, Shower
Flooring: Carpet, Other, Vinyl, Wood
Basement: Exterior Entry,Dirt Floor,Full,Unfinished,Brick/Mortar
Has fireplace: No

Interior area

Total structure area: 5,818
Total interior livable area: 5,818 sqft
Finished area above ground: 5,818
Finished area below ground: 0

Property

Parking

Parking features: Gravel, 5 - 10 Spaces

Features

Levels: Multi/Split
Stories: 3
Patio & porch: Porch

Lot

Size: 0.34 Acres
Features: Interior Lot, City Lot, Neighborhood, Rolling Slope

Details

Zoning: Residential

Construction

Type & style

Home type: MultiFamily
Architectural style: Other
Property subtype: Multi Family

Materials

Wood Frame, Aluminum Siding, Other
Foundation: Granite, Other, Brick/Mortar
Roof: Membrane,Other

Condition

Year built: 1928

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: $91/sqft
Annual tax amount: $8,039
Date on market: 5/3/2023
Road surface type: Paved

Price history

Date	Event	Price
11/22/2023	Sold	$530,000-6.2%$91/sqft
Source: Maine Listings #1557751 Report a problem
9/18/2023	Contingent	$565,000$97/sqft
Source: Maine Listings #1557751 Report a problem
9/5/2023	Price change	$565,000-0.9%$97/sqft
Source: Maine Listings #1557751 Report a problem
8/29/2023	Price change	$570,000-0.9%$98/sqft
Source: Maine Listings #1557751 Report a problem
8/3/2023	Price change	$575,000-4.2%$99/sqft
Source: Maine Listings #1557751 Report a problem
7/1/2023	Price change	$599,900-4%$103/sqft
Source: Maine Listings #1557751 Report a problem
5/23/2023	Price change	$625,000-7.4%$107/sqft
Source: Maine Listings #1557751 Report a problem
5/3/2023	Listed for sale	$675,000$116/sqft
Source: Maine Listings #1557751 Report a problem