$270,000
SOLD MAR 11, 2025

116 Bridge St Augusta, ME 04330

-- Bed
2.5 Baths
2,640 Sq Ft
3,485 Sq Ft Lot

Recently Sold

$102 Per Sq Ft

3% Below List Price

6 Days on Market

Highlights

  • Wood Flooring
  • Baseboard Heating
  • 1-minute walk to John Jack Cunningham Playground
  • No HOA
  • Open Lot

About This Home

As of March 2025

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!

Last Agent to Sell the Property

Jessie Demers

Spectrum Real Estate Listed on: 01/22/2025

Co-Listed By

Tony Donovan

Spectrum Real Estate

Last Buyer's Agent

Danny Sullivan

Your Home Sold Guaranteed Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,698

Year Built

  • Built in 1848

Lot Details

  • 3,485 Sq Ft Lot
  • Open Lot

Home Design

  • Duplex
  • Concrete Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,640 Sq Ft Home
  • 2-Story Property
  • Fireplace Features Blower Fan

Flooring

  • Wood
  • Carpet

Basement

  • Doghouse Basement Entry
  • Dirt Floor

Parking

  • Common or Shared Parking
  • Shared Driveway
  • Paved Parking
  • Off-Street Parking

Utilities

  • No Cooling
  • Heating System Uses Natural Gas
  • Baseboard Heating

Listing and Financial Details

  • Tax Lot 105
  • Assessor Parcel Number AUGU-000028-000105

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Operating Expense $6,047
  • Gross Income $32,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,698

Year Built

Built in 1848

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.08
  • Co List Office Mls Id: 2974
  • Co List Office Phone: 207-805-3707
  • MLS Status: Closed
  • Above Grade Finished Sq Ft: 2640.0
  • Architectural Style: Duplex
  • Garage Yn: No
  • Building Stories: 2
  • Year Built: 1848
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.08
  • Property Information:Total Baths: 3.0
  • Property Information:SqFt Finished Above Grade: 2640.0
  • Property Information:Garage: No
  • Site:Open: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Wood3: Yes
  • Parking:Off Street: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Exterior:Vinyl Siding: Yes
  • Driveway:Common2: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Heat Fuel:Gas Natural: Yes
  • Basement Entry:Doghouse: Yes
  • Property Information:Number of Units: 2
  • Building Info:_pound_ Stories2: 2
  • Income Expenses Gross Income: 32400.0
  • Income Expenses Operating Expenses: 6047.0
  • Basement:Dirt Floor: Yes
  • Building Info:_pound_ Fireplaces3: 1
  • Style:Duplex: Yes
  • Gas:Natural - At Street: Yes
  • Property Information:Short Sale Continue to Show: No
  • Property Information:Deed Restrictions: Unknown
  • Property Information:Bank Owned REO: No
  • Heat System:Blowers: Yes
  • Building Info:_pound_ Floors3: 2
  • Property Information 2 Detached Houses on 1 Lot: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Has Basement: Dirt Floor, Doghouse
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Wood, Carpet
  • Stories: 2

Exterior Features

  • Lot Features: Open Lot, Near Town, Neighborhood
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Roof: Shingle

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 3484.8
  • Parcel #: AUGU-000028-000105
  • Zoning: RB2

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 32400.0
  • Annual Operating Expense: 6047.0

Tax Info

  • Tax Annual Amount: 2698.0
  • Tax Book Number: 10716
  • Tax Lot: 105
  • Tax Map Number: 28
  • Tax Year: 2025

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 27, 2011
Sold by
Jewett Gerald K
Bought by
116 Bridge St Llc
Current Estimated Value
$282,607

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$77,300
Interest Rate
4.76%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $55,000 --
Warranty Deed $55,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $202,500 Commercial
Closed $77,300 Unknown
Closed $103,225 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/11/2025 03/11/25 Sold $270,000 -3.2% $102 / Sq Ft
01/28/2025 01/28/25 Pending -- -- --
01/22/2025 01/22/25 For Sale $279,000 -- $106 / Sq Ft
Source: Maine Listings

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $2,699 $113,400 $19,800 $93,600
2023 $2,604 $113,400 $19,800 $93,600
2022 $2,486 $113,400 $19,800 $93,600
2021 $2,375 $113,400 $19,800 $93,600
2020 $2,398 $114,500 $19,800 $94,700
2019 $2,401 $114,500 $19,800 $94,700
2018 $2,401 $114,500 $19,800 $94,700
2017 $2,334 $114,500 $19,800 $94,700
2016 $2,266 $114,500 $19,800 $94,700
2015 $2,221 $114,500 $19,800 $94,700
2014 $2,138 $114,500 $19,800 $94,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1612994

Maine Listings

APN: AUGU-000028-000105