NOT LISTED FOR SALE

1&3 Jefferson St Augusta, ME 04330

-- Bed
8 Baths
6,436 Sq Ft
10,454 Sq Ft Lot

Last Sold July 27, 2023

Last sale price $555,000 $86 Per Sq Ft

25 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • Bathtub
  • Corner Lot
  • Porch
  • 5-minute walk to Mill Street Dog Park

About This Home

As of July 2023

Looking for a solid investment with good bones...look no longer this 8 unit which consists of 2 buildings a 6 unit and a 2unit on the same lot offers vinyl siding, metal roofs, newer boilers-both units have 2 oil tanks with brand new ones in 3 Jefferson, and plenty of parking. The seller is in the process of recoating the metal roof and replacing the shingles on 3 Jefferson St.
The breakdown of units is 1-4 bedroom, 2-3 bedrooms, 5-2 bedroom units, the 6 unit only has 1 tenant at this time. The seller just completed this project and is working on filling the last 2 units. The brand new Fire system was just installed. Walking distance to the river and Augusta's dog park.

Last Agent to Sell the Property

Renee Roy

Better Homes & Gardens Real Estate/The Masiello Group Listed on: 05/01/2023

Better Homes & Gardens Real Estate/The Masiello Group

Last Buyer's Agent

Jessica Wallimann

Vitalius Real Estate Group, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,886

Year Built

  • Built in 1900

Lot Details

  • 10,454 Sq Ft Lot
  • Corner Lot
  • Level Lot

Home Design

  • Mansard Roof Shape
  • Brick Foundation
  • Concrete Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Metal Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 6,436 Sq Ft Home
  • 4-Story Property

Flooring

  • Wood
  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 8 Full Bathrooms
  • Bathtub
  • Shower Only

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Brick Basement
  • Exterior Basement Entry

Parking

  • Driveway
  • Paved Parking

Outdoor Features

  • Porch

Utilities

  • No Cooling
  • Zoned Heating
  • Heating System Uses Oil
  • Baseboard Heating
  • Hot Water Heating System
  • Natural Gas Not Available
  • Electric Water Heater
  • Internet Available

Listing and Financial Details

  • Tax Lot 85
  • Assessor Parcel Number AUGU-000035-000085

Community Details

Overview

  • No Home Owners Association
  • 8 Units

Amenities

  • Community Storage Space

Building Details

  • Operating Expense $18,945
  • Gross Income $112,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,886

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.24
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: From the turnpike exit 109, turn right onto Western Ave follow to the rotary and take the 3rd right on Water St, Water St turns into Northern Ave, turn right on Washington St, take first Left on Jefferson St, properties are on the right.
  • Above Grade Finished Sq Ft: 6436.0
  • Architectural Style: Multi-Level, Mansard
  • Garage Yn: No
  • Building Stories: 4
  • Year Built: 1900
  • Location Information:Leased Land: No
  • Contract Information:List PriceSqFt: 85.85
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.24
  • Property Information:Total Baths: 8.0
  • Property Information:SqFt Finished Above Grade: 6436.0
  • Property Information:Garage: No
  • Site:Corner Lot: Yes
  • Site:Level: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Basement:Walkout Access: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Hot Water: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Walk-Out: Yes
  • Amenities:Storage: Yes
  • Exterior:Vinyl Siding: Yes
  • Water Heater:Electric2: Yes
  • Amenities:Shower: Yes
  • Basement:Unfinished: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Roof:Metal: Yes
  • Floors:Laminate: Yes
  • Gas:No Gas: Yes
  • Property Information:Number of Units: 8
  • Foundation Materials:BrickMortar2: Yes
  • Heat System:Multi-Zones: Yes
  • Building Info:_pound_ Stories2: 4
  • Income Expenses Gross Income: 112800.0
  • Income Expenses Operating Expenses: 18945.0
  • Style:Multi-Level: Yes
  • Amenities:Bathtub: Yes
  • Parking:Paved3: Yes
  • Property Information:Short Sale Continue to Show: No
  • Basement:BrickMortar: Yes
  • Equipment:Internet Access Available: Yes
  • Site:RollingSloping: Yes
  • Property Information:Deed Restrictions: Unknown
  • Property Information:Bank Owned REO: No
  • Basement Entry:Exterior Only: Yes
  • Building Info:_pound_ Floors3: 3
  • Style:Mansard: Yes
  • Advertising Remarks:Advertising Remarks: Looking for a solid investment with good bones...look no longer this 8 unit which consists of 2 buildings a 6 unit and a 2unit on the same lot offers vinyl siding, metal roofs, newer boilers-both units have 2 oil tanks with brand new ones in 3 Jefferson, and plenty of parking. The seller is in the process of recoating the metal roof and replacing the shingles on 3 Jefferson St. The breakdown of units is 1-4 bedroom, 2-3 bedrooms, 5-2 bedroom units, the 6 unit only has 1 tenant at this time. The seller just completed this project and is working on filling the last 2 units. The brand new Fire system was just installed. Walking distance to the river and Augusta's dog park. Call Renee's Realty Network at 207-212-3134
  • Property Information 2 Detached Houses on 1 Lot: No
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily
  • Stories: 4

Interior Features

  • Has Basement: Bulkhead, Brick/Mortar, Walk-Out Access, Full, Exterior Entry, Exterior Only, Unfinished
  • Full Bathrooms: 8
  • Flooring: Wood, Vinyl, Laminate, Carpet
  • Interior Amenities: Bathtub, Shower, Storage
  • Stories: 3
  • Full Basement: Yes

Exterior Features

  • Lot Features: Corner Lot, Level, Rolling Slope, Neighborhood
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Concrete Perimeter, Brick/Mortar
  • Patio And Porch Features: Porch
  • Roof: Metal, Shingle
  • Patio and Porch Features:Porch: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: 1 - 4 Spaces, Paved

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Multi-Zones, Hot Water, Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Utilities: Utilities On
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Pets Allowed: No Restrictions

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 10454.4
  • Parcel #: AUGU-000035-000085
  • Zoning: unknown

Multi Family

  • Number Of Units Total: 8
  • Annual Gross Income: 112800.0
  • Annual Operating Expense: 18945.0

Tax Info

  • Tax Annual Amount: 3886.0
  • Tax Lot: 85
  • Tax Year: 2022
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/27/2023 07/27/23 Sold $555,000 -0.9% $86 / Sq Ft
05/26/2023 05/26/23 Pending -- -- --
05/01/2023 05/01/23 For Sale $560,000 -- $87 / Sq Ft
Source: Maine Listings

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Renee Roy

    Seller's Agent in 2023

    Renee Roy

    Better Homes & Gardens Real Estate/The Masiello Group

    (207) 212-3134

    2 in this area

    202 Total Sales

    Renee Roy
    Section Image
  • Jessica Wallimann

    Buyer's Agent in 2023

    Jessica Wallimann

    Vitalius Real Estate Group, LLC

    (207) 939-6832

    1 in this area

    153 Total Sales

    Jessica Wallimann
    Section Image
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Map

Source: Maine Listings

MLS Number: 1551772

Maine Listings
Maine Kennebec County Augusta 04330

1&3 Jefferson St, Augusta, ME

Not Listed for Sale

MultiFamily

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