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Multi-FamilyMEAugusta0433033 Washington Street, Augusta, ME, 04330

33 Washington Street, Augusta, ME, 04330

33 Washington Street, Augusta, ME, 04330
6 baths
$450,000
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Basics

  • Date added: Added 4 months ago
  • Category:
  • Status:
  • Bathrooms: 6
  • Lot size: 0.63 sq ft
  • Year built: 1856
  • Bathrooms Full: 6
  • Lot Size Acres: 0.63 acres
  • Zoning: AC LND IMP
  • County: Kennebec
  • MLS ID: 1640208

Description

  • Description:

    Excellent investment opportunity with owner-occupant potential! This well-maintained 6-unit multifamily property features a desirable unit mix: one 3-bedroom unit (currently vacant and ideal for owner-occupancy), four 2-bedroom units, and one 1-bedroom unit. All units are spacious, separately metered, and have a strong rental history. The property includes a 2-car garage and additional off-street parking. There is also potential for future development or expansion with the appropriate approvals. Current rents are below market, offering significant upside for increased income. Located in a near public transit, shopping, and schools, this property combines immediate cash flow with long-term growth potential.

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Location

Building Details

  • Building Area Total: 5407 sq ft
  • Number Of Units Total: 6
  • Construction Materials: Vinyl Siding, Wood Frame
  • Architectural Style: Victorian
  • Sewer: Public Sewer
  • Heating: Hot Water
  • Roof: Shingle
  • Basement: , , , ,

Amenities & Features

  • Electric: Circuit Breakers
  • Flooring: Vinyl, Carpet
  • Parking Features: 5 - 10 Spaces, Common, Detached
  • Garage Spaces: 2
  • WaterSource: Public
  • Lot Features: Sidewalks, Near Town
  • Cooling: None

Fees & Taxes

  • Gross Income: $68,929

Courtesy of

  • List Office Name: The Flaherty Group

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