NOT LISTED FOR SALE

24 Sewall St Augusta, ME 04330

5 Beds
31 Baths
22,000 Sq Ft
0.99 Acres

Last Sold January 09, 2017

Last sale price $1,000,000 $45 Per Sq Ft

149 Days on Market

Highlights

  • 0.99 Acre Lot
  • Main Floor Bedroom
  • Detached Garage
  • Wood Flooring
  • No HOA
  • Interior Lot

About This Home

As of January 2017

31 Unit Apartment House Complex located in a nice West side neighborhood with many recent updates. 17- 1BR, 12-2BR, 1-3BR, 1-4BR, newer boilers w/natural gas, updated electrical w/smart meters, ample parking, very good rental history, coin-op laundry w/natural gas, nice mix of apartments with consistent cash flow, good N.O.I., good management in place, rental office on site, steady long term investment. Augusta has a low vacancy rate at this time.

Last Agent to Sell the Property

James Pepin

Sprague & Curtis Real Estate Brokerage Email: jim@spragueandcurtis.com Listed on: 05/24/2016

Last Buyer's Agent

James Pepin

Sprague & Curtis Real Estate Brokerage Email: jim@spragueandcurtis.com Listed on: 05/24/2016

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $18,456

Year Built

  • Built in 1885

Lot Details

  • 0.99 Acre Lot
  • Interior Lot
  • Level Lot
  • Open Lot

Home Design

  • Brick Foundation
  • Concrete Foundation
  • Block Foundation
  • Stone Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Aluminum Siding
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 22,000 Sq Ft Home
  • Multi-Level Property

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • 31 Full Bathrooms
  • Bathtub

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Parking

  • Detached Garage
  • Gravel Driveway

Utilities

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

Additional Features

  • Outbuilding
  • City Lot

Listing and Financial Details

  • Tax Lot 156-157

Community Details

Overview

  • No Home Owners Association
  • 31 Units

Amenities

  • Coin Laundry

Building Details

  • Operating Expense $73,793
  • Gross Income $191,862

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$18,456

Year Built

Built in 1885

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.99
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: From Western Avenue to Sewall Street, buildings on the LEFT.
  • Above Grade Finished Sq Ft: 22000.0
  • Architectural Style: Multi-Level
  • Year Built: 1885
  • Attribution Contact: jim@spragueandcurtis.com
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.99
  • Property Information:Total Baths: 31.0
  • Property Information:SqFt Finished Above Grade: 22000.0
  • Site:Level: Yes
  • Site:Open: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: 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
  • Basement Entry:Interior: Yes
  • Exterior:Vinyl Siding: Yes
  • Vehicle Storage:Detached: Yes
  • Basement:Unfinished: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Heat Fuel:Gas Natural: Yes
  • Property Information:Number of Units: 31
  • Foundation Materials:BrickMortar2: Yes
  • Heat System:Multi-Zones: Yes
  • Income Expenses Gross Income: 191862.0
  • Income Expenses Operating Expenses: 73793.0
  • Parking:On Site2: Yes
  • Style:Multi-Level: Yes
  • Foundation Materials:Block3: Yes
  • Amenities:Bathtub: Yes
  • Gas:Natural - At Street: Yes
  • Driveway:Gravel: Yes
  • Property Information:Deed Restrictions: Unknown
  • Property Information:Bank Owned REO: No
  • Exterior:Aluminum Siding: Yes
  • Foundation Materials:Granite2: Yes
  • Amenities:Laundry - Coin: Yes
  • Other Structures:Out Building: Yes
  • Property Information 2 Detached Houses on 1 Lot: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Full, Interior Entry, Unfinished
  • Full Bathrooms: 31
  • Fireplace: No
  • Flooring: Wood, Vinyl, Carpet
  • Interior Amenities: 1st Floor Bedroom, Bathtub
  • Full Basement: Yes
  • Location:Interior Lot: Yes

Exterior Features

  • Lot Features: Level, Open Lot, Interior Lot, Intown, Near Shopping, Neighborhood
  • Waterfront: No
  • Construction Type: Vinyl Siding, Aluminum Siding, Wood Frame
  • Foundation Details: Block, Granite, Concrete Perimeter, Brick/Mortar
  • Other Structures: Outbuilding
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Parking Features: 21+ Spaces, Gravel, On Site, Detached

Utilities

  • Laundry Features: Laundry - Coin
  • Cooling: None
  • Cooling Y N: No
  • Heating: Multi-Zones, Hot Water
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 43124.4
  • Parcel #: 999999
  • Zoning: RB2

Multi Family

  • Number Of Units Total: 31
  • Annual Gross Income: 191862.0
  • Annual Operating Expense: 73793.0

Tax Info

  • Tax Annual Amount: 18456.0
  • Tax Book Number: 9192
  • Tax Lot: 156-157
  • Tax Map Number: 27
  • Tax Year: 16

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
01/09/2017 01/09/17 Sold $1,000,000 -20.0% $45 / Sq Ft
10/21/2016 10/21/16 Pending -- -- --
05/24/2016 05/24/16 For Sale $1,250,000 -- $57 / Sq Ft
Source: Maine Listings

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1265750

Maine Listings

APN: AUGU 00027-00157-00000