Seller's Agent in 2024
Jon Leahy
J T Leahy Real Estate
(207) 939-8366
2 in this area
37 Total Sales
27 Eastern Ave Augusta, ME 04330
--
Bed
1059
Baths
5,478
Sq Ft
9,583
Sq Ft Lot
Highlights
- Wooded Lot
- Baseboard Heating
- Carpet
- No HOA
About This Home
As of November 2024Well maintained 10-unit apartment building consisting of 6 1-bedrooms and 4 2-bedroom units. Conveniently located in close proximity to the state capital campus. New furnace. Large off-street parking lot. Basement laundry area. Below market rents with significant upside potential. Great investment opportunity with projected 10%+ cap rate.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,172
Year Built
- Built in 1938
Lot Details
- 9,583 Sq Ft Lot
- Wooded Lot
Home Design
- Wood Frame Construction
- Pitched Roof
- Shingle Roof
- Vinyl Siding
Interior Spaces
- 1,059 Full Bathrooms
- 5,478 Sq Ft Home
- Multi-Level Property
Flooring
- Carpet
- Vinyl
Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
- Partial Basement
- Exterior Basement Entry
Parking
- Gravel Driveway
- Off-Street Parking
Utilities
- No Cooling
- Heating System Uses Oil
- Baseboard Heating
- Hot Water Heating System
Listing and Financial Details
- Tax Lot 34
- Assessor Parcel Number 27EasternAvenueAugusta04330
Community Details
Overview
- No Home Owners Association
- 10 Units
Building Details
- Operating Expense $35,000
- Gross Income $110,340
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 11/20/2024 11/20/24 | Sold | $647,500 | -7.5% | $118 / Sq Ft | |
| 09/19/2024 09/19/24 | Pending | -- | -- | -- | |
| 09/03/2024 09/03/24 | Price Changed | $700,000 | -3.4% | $128 / Sq Ft | |
| 09/03/2024 09/03/24 | For Sale | $725,000 | 0.0% | $132 / Sq Ft | |
| 08/01/2024 08/01/24 | Pending | -- | -- | -- | |
| 07/10/2024 07/10/24 | For Sale | $725,000 | +42.2% | $132 / Sq Ft | |
| 12/20/2021 12/20/21 | Sold | $510,000 | +3.0% | $93 / Sq Ft | View Prior Sale |
| 07/10/2021 07/10/21 | Pending | -- | -- | -- | |
| 07/06/2021 07/06/21 | For Sale | $495,000 | -- | $90 / Sq Ft |
Source: Maine Listings
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 | $6,397 | $268,800 | $60,000 | $208,800 |
| 2023 | $6,172 | $268,800 | $60,000 | $208,800 |
| 2022 | $5,892 | $268,800 | $60,000 | $208,800 |
| 2021 | $5,629 | $268,800 | $60,000 | $208,800 |
| 2020 | $5,627 | $268,700 | $60,000 | $208,700 |
| 2019 | $5,635 | $268,700 | $60,000 | $208,700 |
| 2018 | $5,555 | $268,700 | $60,000 | $208,700 |
| 2017 | $5,476 | $268,700 | $60,000 | $208,700 |
| 2016 | $5,318 | $268,700 | $60,000 | $208,700 |
| 2015 | $5,213 | $268,700 | $60,000 | $208,700 |
| 2014 | $5,017 | $268,700 | $60,000 | $208,700 |
Source: Public Records
Agents Affiliated with this Home
-
Jon Leahy
-
Benjamin Spencer
Buyer's Agent in 2024
Benjamin Spencer
CORE
(207) 744-3084
7 in this area
46 Total Sales
-
Brian Rizzo
Seller's Agent in 2021
Brian Rizzo
Rizzo Mattson
(207) 215-9793
29 in this area
154 Total Sales
-
A
Buyer's Agent in 2021
Alexander Matthews
Landing Real Estate
Map
Source: Maine Listings
MLS Number: 1596326
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