NOT LISTED FOR SALE

132 Northern Ave Augusta, ME 04330

-- Bed
12 Baths
5,818 Sq Ft
0.34 Acres

Last Sold November 22, 2023

Last sale price $530,000 $91 Per Sq Ft

138 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • Interior Lot
  • Main Floor Bedroom
  • Porch
  • 4-minute walk to Calumet Playground

About This Home

As of November 2023

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.

Last Agent to Sell the Property

James Pepin

Sprague & Curtis Real Estate Brokerage Email: jim@spragueandcurtis.com Listed on: 05/03/2023

Last Buyer's Agent

John Edmiston

LAER

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,039

Year Built

  • Built in 1928

Lot Details

  • 0.34 Acre Lot
  • Property fronts a private road
  • Interior Lot
  • Lot Has A Rolling Slope

Parking

  • Gravel Driveway

Home Design

  • Brick Foundation
  • Concrete Foundation
  • Stone Foundation
  • Wood Frame Construction
  • Membrane Roofing
  • Aluminum Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 5,818 Sq Ft Home
  • 3-Story Property

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • 12 Full Bathrooms
  • Shower Only

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Brick Basement
  • Exterior Basement Entry
  • Dirt Floor

Utilities

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

Additional Features

  • Porch
  • City Lot

Listing and Financial Details

  • Tax Lot 300
  • Assessor Parcel Number AUGU-000035-000300

Community Details

Overview

  • No Home Owners Association
  • 11 Units

Building Details

  • Operating Expense $39,856
  • Gross Income $91,656

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,039

Year Built

Built in 1928

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.34
  • Road Frontage Type: Private
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Above Grade Finished Sq Ft: 5818.0
  • Architectural Style: Multi-Level
  • Garage Yn: No
  • Building Stories: 3
  • Year Built: 1928
  • Attribution Contact: jim@spragueandcurtis.com
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.34
  • Property Information:Total Baths: 12.0
  • Property Information:SqFt Finished Above Grade: 5818.0
  • Property Information:Garage: No
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Hot Water: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Roads:Private: Yes
  • Gas:Natural - On Site: Yes
  • Amenities:Shower: Yes
  • Basement:Unfinished: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Heat Fuel:Gas Natural: Yes
  • Property Information:Number of Units: 11
  • Foundation Materials:BrickMortar2: Yes
  • Building Info:_pound_ Stories2: 3
  • Income Expenses Gross Income: 91656.0
  • Income Expenses Operating Expenses: 39856.0
  • Style:Multi-Level: Yes
  • Basement:Dirt Floor: Yes
  • Property Information:Short Sale Continue to Show: No
  • Basement:BrickMortar: Yes
  • Driveway:Gravel: Yes
  • Site:RollingSloping: Yes
  • Property Information:Bank Owned REO: No
  • Exterior:Aluminum Siding: Yes
  • Foundation Materials:Granite2: Yes
  • Roof:Membrane: Yes
  • Basement Entry:Exterior Only: Yes
  • Building Info:_pound_ Floors3: 3
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Has Basement: Brick/Mortar, Dirt Floor, Full, Exterior Only, Unfinished
  • Full Bathrooms: 12
  • Fireplace: No
  • Flooring: Wood, Vinyl, Other, Carpet
  • Interior Amenities: 1st Floor Bedroom, Other, Shower
  • Stories: 3
  • Full Basement: Yes
  • Location:Interior Lot: Yes

Exterior Features

  • Lot Features: Rolling Slope, Interior Lot, Intown, Neighborhood
  • Waterfront: No
  • Construction Type: Other Exterior, Aluminum Siding, Wood Frame
  • Foundation Details: Granite, Other, Concrete Perimeter, Brick/Mortar
  • Patio And Porch Features: Porch
  • Roof: Membrane, Other
  • Patio and Porch Features:Porch: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: 5 - 10 Spaces, Gravel

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water, 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: 14810.4
  • Parcel #: AUGU-000035-000300
  • Zoning: Residential

Multi Family

  • Number Of Units Total: 11
  • Annual Gross Income: 91656.0
  • Annual Operating Expense: 39856.0

Tax Info

  • Tax Annual Amount: 8039.0
  • Tax Book Number: 8086
  • Tax Lot: 300
  • Tax Map Number: 35
  • Tax Year: 22

Range of Values:

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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 Change Sq Ft Price
11/22/2023 11/22/23 Sold $530,000 -21.5% $91 / Sq Ft
09/18/2023 09/18/23 Pending -- -- --
05/03/2023 05/03/23 For Sale $675,000 -- $116 / Sq Ft
Source: Maine Listings

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • James Pepin

    Seller's Agent in 2023

    James Pepin

    Sprague & Curtis Real Estate

    (207) 623-3086

    58 in this area

    188 Total Sales

    James Pepin
    Section Image
  • John Edmiston

    Buyer's Agent in 2023

    John Edmiston

    LAER

    (207) 317-0205

    4 in this area

    44 Total Sales

    John Edmiston
    Section Image
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Map

Source: Maine Listings

MLS Number: 1557751

Maine Listings
Maine Kennebec County Augusta 04330

132 Northern Ave, Augusta, ME

This home is located at 132 Northern Ave, Augusta, ME 04330 since 03 May 2023. This property was built in 1928. 132 Northern Ave is a home located in Kennebec County with nearby schools including Cony Middle School, Cony School, and Maine Virtual Academy.

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