NOT LISTED FOR SALE

29 Gage St Augusta, ME 04330

5 Beds
6 Baths
3,320 Sq Ft
8,276 Sq Ft Lot

Last Sold December 19, 2019

Last sale price $205,000 $62 Per Sq Ft

4 Days on Market

Highlights

  • River Front
  • New Englander Architecture
  • No HOA
  • Wood Flooring
  • Main Floor Bedroom
  • Level Lot

About This Home

As of December 2019

Remodeled, in-town Augusta 4-unit investment property with positive cash flow, low maintenance and plenty of parking. Close proximity to the park, YMCA, shopping, pharmacy, banking, and the Kennebec River Rail Trail. Recent improvements include new heating units, updated plumbing, hard wired smoke detectors, new hot water tanks, and major cosmetic overhauls in each unit. Washer & dryer hookups in each unit. Solid investment for owner occupants or investors. Special 100% financing available for qualified owner-occupant buyers. Income from other units will FAR exceed a 30-year mortgage payment!

Last Agent to Sell the Property

Harrison Wolfington

Your Home Sold Guaranteed Realty Listed on: 10/17/2019

Last Buyer's Agent

Michael Cloutier

Keller Williams Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,617

Year Built

  • Built in 1845

Lot Details

  • 8,276 Sq Ft Lot
  • River Front
  • Level Lot
  • Open Lot

Home Design

  • New Englander Architecture
  • Stone Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding
  • Radon Mitigation System

Interior Spaces

  • 3,320 Sq Ft Home
  • 2-Story Property

Flooring

  • Wood
  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • Shower Only

Laundry

  • Laundry on main level
  • Washer and Dryer Hookup

Unfinished Basement

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

Parking

  • Driveway
  • Paved Parking
  • Off-Street Parking

Location

  • City Lot

Utilities

  • No Cooling
  • Heating System Uses Propane
  • Heating System Mounted To A Wall or Window
  • Electric Water Heater
  • Internet Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 3
  • Assessor Parcel Number AUGU-000033-000003

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • Operating Expense $8,447
  • Gross Income $37,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,617

Year Built

Built in 1845

Lot Details

8,276 Sq Ft Lot

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.19
  • Road Surface Type: Paved
  • Water Body Name: Kennebec River
  • MLS Status: Closed
  • Directions: Headed west on the Memorial bridge in Augusta, take left immediately after exiting bridge. Home is second on left, see sign.
  • Above Grade Finished Sq Ft: 3320.0
  • Architectural Style: New Englander
  • Garage Yn: No
  • Building Stories: 2
  • Year Built: 1845
  • Location Information:Leased Land: No
  • Contract Information:List PriceSqFt: 57.2
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.19
  • Property Information:Total Baths: 6.0
  • Property Information:SqFt Finished Above Grade: 3320.0
  • Property Information:Garage: No
  • Site:Level: Yes
  • Site:Open: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: Seasonal
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat Fuel:Propane: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Floors:Wood3: Yes
  • Parking:Off Street: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Exterior:Vinyl Siding: Yes
  • Water Heater:Electric2: Yes
  • Amenities:Laundry - Hookup: Yes
  • Amenities:One-Floor Living: Yes
  • Amenities:Shower: Yes
  • Basement:Unfinished: Yes
  • Amenities:Laundry - 2nd Floor: Yes
  • Floors:Laminate: Yes
  • Property Information:Number of Units: 4
  • Foundation Materials:Stone: Yes
  • Building Info:_pound_ Stories2: 2
  • Income Expenses Gross Income: 37800.0
  • Income Expenses Operating Expenses: 8447.0
  • Amenities:Laundry - 1st Floor: Yes
  • Property Information:Short Sale Continue to Show: No
  • Equipment:Internet Access Available: Yes
  • Property Information:Bank Owned REO: No
  • Equipment:Cable: Yes
  • Heat System:Direct Vent Heater: Yes
  • Style:New Englander: Yes
  • Equipment:Air Radon Mitigation System: Yes
  • Driveway:Concrete3: Yes
  • Building Info:_pound_ Floors3: 2
  • Advertising Remarks:Advertising Remarks: Remodeled, in-town Augusta 4-unit investment property with positive cash flow, low maintenance and plenty of parking. Close proximity to the park, YMCA, shopping, pharmacy, banking, and the Kennebec River Rail Trail. Recent improvements include new heating units, updated plumbing, hard wired smoke detectors, new hot water tanks, and major cosmetic overhauls in each unit. Washer & dryer hookups in each unit. Solid investment for owner occupants or investors. Special 100% financing available for qualified owner-occupant buyers. Income from other units will FAR exceed a 30-year mortgage payment!
  • Property Information 2 Detached Houses on 1 Lot: No
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Has Basement: Bulkhead, Full, Exterior Entry, Interior Entry, Unfinished
  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Flooring: Wood, Vinyl, Other, Laminate, Carpet
  • Interior Amenities: 1st Floor Bedroom, One-Floor Living, Shower
  • Stories: 2
  • Full Basement: Yes

Exterior Features

  • Lot Features: Level, Open Lot, Intown, Near Shopping, Near Turnpike/Interstate
  • Waterfront Features: River
  • Waterfront: No
  • Construction Type: Vinyl Siding, Composition, Wood Frame
  • Foundation Details: Stone
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Parking Features: 5 - 10 Spaces, Concrete, Paved, Off Street

Utilities

  • Laundry Features: Laundry - 1st Floor, Upper Level, Main Level, Washer Hookup
  • Cooling: None
  • Cooling Y N: No
  • Heating: Direct Vent Heater
  • 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: 8276.4
  • Parcel #: AUGU-000033-000003
  • Zoning: RB1

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 37800.0
  • Annual Operating Expense: 8447.0

Tax Info

  • Tax Annual Amount: 2617.0
  • Tax Lot: 3
  • Tax Year: 2018
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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 List to Sale Price per Sq Ft Prior Sale
12/19/2019 12/19/19 Sold $205,000 +8.0% $62 / Sq Ft
10/22/2019 10/22/19 Pending -- -- --
10/17/2019 10/17/19 For Sale $189,900 +510.6% $57 / Sq Ft
01/23/2015 01/23/15 Sold $31,100 +4.0% $9 / Sq Ft View Prior Sale
12/12/2014 12/12/14 Pending -- -- --
12/07/2014 12/07/14 For Sale $29,900 -- $9 / 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
2025 $3,045 $124,800 $19,000 $105,800
2024 $2,970 $124,800 $19,000 $105,800
2023 $2,865 $124,800 $19,000 $105,800
2022 $2,736 $124,800 $19,000 $105,800
2021 $2,613 $124,800 $19,000 $105,800
2020 $2,613 $124,800 $19,000 $105,800
2019 $2,617 $124,800 $19,000 $105,800
2018 $2,580 $124,800 $19,000 $105,800
2017 $2,543 $124,800 $19,000 $105,800
2016 $2,470 $124,800 $19,000 $105,800
2015 $2,421 $124,800 $19,000 $105,800
2014 $2,330 $124,800 $19,000 $105,800
Source: Public Records

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Map

Source: Maine Listings

MLS Number: 1436497

Maine Listings

APN: AUGU 00033-00003-00000

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