$330,000
$25K PRICE DROP

1186 Eastern Ave Chelsea, ME 04330

Estimated payment $2,041/month

Total Views 6,465
-- Bed
3 Baths
3,928 Sq Ft
$84 Price per Sq Ft

Highlights

  • View of Trees or Woods
  • Deck
  • No HOA
  • 2 Acre Lot
  • Post and Beam
  • Double Pane Windows

About This Home

Discover a rare opportunity to own a versatile unique property, offering two residential units plus a commercial space all situated on a prime, level wooded 2 acre lot. Whether you are looking for rental income, a live/work set up or to grow your business-this property delivers. While the abundant parking area already supports both tenants and customers with ease. The main floor features a spacious 2 bedroom, 1 bath apartment, while the upper-level rear unit offers a cozy 1 bedroom, 1 bath layout . The on-site commercial space adds even more value and opportunities. With easy access off the main road this gem offers exceptional visibility and steady traffic flow. Just minutes from local amenities this property offers you unlimited potential. Cross listed with MLS #1636792

Listing Agent

Julian Harwood

LAER Listed on: 09/06/2025

LAER

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,800

Year Built

  • Built in 1990

Lot Details

  • 2 Acre Lot

Home Design

  • Post and Beam
  • Shingle Roof

Interior Spaces

  • 3 Full Bathrooms
  • 3,928 Sq Ft Home
  • 2-Story Property
  • Double Pane Windows
  • Views of Woods

Flooring

  • Carpet
  • Laminate

Outdoor Features

  • Deck
  • Shed

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Mounted To A Wall or Window
  • Well
  • Septic Design Available
  • Private Sewer

Community Details

  • No Home Owners Association
  • 3 Units

Listing and Financial Details

  • Tax Lot 074
  • Assessor Parcel Number CHEA-000016-000000-000074

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,800

Year Built

Built in 1990

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 2.0
  • MLS Status: Active
  • Directions: From Route 17/Eastern Avenue in Augusta, travel 5.2 miles. The property is on the left.
  • Above Grade Finished Sq Ft: 3928.0
  • Architectural Style: Other, Split Level
  • Garage Yn: No
  • Unit Levels: Multi-Level
  • Building Stories: 2
  • Structure Type: Post & Beam
  • Year Built: 1990
  • Contract Information:List PriceSqFt: 84.01
  • Property Information:Seasonal: No
  • Water Info:Water View2: No
  • Property Information:Short Sale Continue to Show: No
  • Property Information:Deed Restrictions: Unknown
  • Property Information:Bank Owned REO: No
  • Water Info:Island3: No
  • Property Information 2 Detached Houses on 1 Lot: No
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Furnished: Unfurnished
  • Has Basement: Bulkhead
  • Full Bathrooms: 3
  • Flooring: Carpet, Laminate, Linoleum
  • Window Features: Double Pane Windows

Exterior Features

  • Lot Features: Business District
  • View: Trees/Woods
  • Waterfront: No
  • Other Structures: Shed(s)
  • Patio And Porch Features: Deck
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Direct Vent Heater, Forced Air
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Private Sewer, Septic Design Available, Septic Tank
  • Utilities: Utilities On, Pole
  • Water Source: Well

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: RSU 82/MSAD 12

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 87120.0
  • Parcel #: CHEA-000016-000000-000074
  • Zoning: CC

Multi Family

  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 3800.0
  • Tax Lot: 074

Map

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

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 $3,800 $249,989 $63,000 $186,989
2023 $3,552 $199,991 $50,400 $149,591
2022 $3,374 $199,991 $50,400 $149,591
2021 $3,242 $166,659 $42,000 $124,659
2019 $3,242 $166,659 $42,000 $124,659
2018 $3,325 $166,659 $42,000 $124,659
2017 $3,263 $166,659 $42,000 $124,659
2016 $3,017 $166,659 $42,000 $124,659
2015 $3,000 $166,659 $42,000 $124,659
2014 $2,867 $166,659 $42,000 $124,659
2013 $2,997 $166,659 $42,000 $124,659
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/09/2025 12/09/25 Price Changed $330,000 -7.0% $84 / Sq Ft
09/06/2025 09/06/25 For Sale $355,000 -- $90 / Sq Ft
Source: Maine Listings

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- --
Warranty Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $135,000 Commercial
Previous Owner $155,000 Commercial
Source: Public Records

Source: Maine Listings

MLS Number: 1636790

Maine Listings

APN: CHEA-000016-000000-000074

Maine Kennebec County Chelsea 04330

1186 Eastern Ave, Chelsea, ME

For Sale

MultiFamily

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