NOT LISTED FOR SALE

32 State St Augusta, ME 04330

13 Beds
1 Bath
4,526 Sq Ft
0.27 Acres

Last Sold October 24, 2016

Last sale price $30,000 $7 Per Sq Ft

121 Days on Market

Highlights

  • Wood Flooring
  • Zoned Heating
  • Open Lot
  • No HOA
  • Baseboard Heating

About This Home

As of October 2016

Profitable 5 unit building w/an in-town location. Features 5-3 Bedroom apartments, circuit breakers, strong rental history & low overhead. MSHA/Mod Rehab building. This location it is within easy walking distance to many stores and eating places, either down town or up western avenue, also very close to Pharmacy store. Rental income is quite profitable after factoring in 8% vacancy rate the income potential is $31,713. Their is off street parking for 6-8 vehicles. Partial Owner Financing for the right person.

Last Agent to Sell the Property

John Blouin

Brookewood Realty Listed on: 06/03/2016

Last Buyer's Agent

Ron Marston

Brady Palmer Real Estate

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1891

Lot Details

  • 0.27 Acre Lot
  • Open Lot

Home Design

  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1 Full Bathroom
  • 2-Story Property
  • Unfinished Basement
  • Walk-Out Basement

Flooring

  • Wood
  • Carpet
  • Vinyl

Parking

  • Driveway
  • Paved Parking

Location

  • City Lot

Utilities

  • No Cooling
  • Zoned Heating
  • Heating System Uses Oil
  • Baseboard Heating
  • Natural Gas Not Available
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • 11 Units

Listing and Financial Details

  • Tax Lot 211
  • Assessor Parcel Number AUGU-000034-000211

Property Details

Home Type

Multi-Family

Year Built

Built in 1891

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.27
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: From western avenue to state street -#32 on left side past the Bridge Street intersection.
  • Architectural Style: Multi-Level
  • Building Stories: 2
  • Year Built: 1891
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.27
  • Property Information:Total Baths: 1.0
  • Site:Open: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Basement:Walkout Access: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Walk-Out: Yes
  • Exterior:Vinyl Siding: Yes
  • Water Heater:Electric2: Yes
  • Basement:Unfinished: Yes
  • Gas:No Gas: Yes
  • Property Information:Number of Units: 11
  • Heat System:Multi-Zones: Yes
  • Building Info:_pound_ Stories2: 2
  • Style:Multi-Level: Yes
  • Advertising Remarks:Advertising Remarks: Profitable 5 unit building w/an in-town location. Features 5-3 Bedroom apartments, circuit breakers, strong rental history & low overhead. MSHA/Mod Rehab building. This location it is within easy walking distance to many stores and eating places, either down town or up western avenue, also very close to Pharmacy store. Rental income is quite profitable after factoring in 8% vacancy rate the income potential is $31,713. Their is off street parking for 6-8 vehicles. Partial Owner Financing for the right person!
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Has Basement: Walk-Out Access, Unfinished
  • Full Bathrooms: 1
  • Fireplace: No
  • Flooring: Wood, Vinyl, Carpet

Exterior Features

  • Lot Features: Open Lot, Intown, Near Shopping, Neighborhood
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Parking Features: 1 - 4 Spaces, 5 - 10 Spaces, Paved

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Multi-Zones, Baseboard
  • 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: 11761.2
  • Parcel #: AUGU-000034-000211
  • Zoning: RC

Multi Family

  • Number Of Units Total: 11

Tax Info

  • Tax Annual Amount: 809.0
  • Tax Lot: 211
  • Tax Year: 2015

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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
10/24/2016 10/24/16 Sold $30,000 -36.8% $7 / Sq Ft
10/03/2016 10/03/16 Pending -- -- --
06/03/2016 06/03/16 For Sale $47,500 -- $10 / Sq Ft
Source: Maine Listings

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2016

    John Blouin

    Brookewood Realty

  • R

    Buyer's Agent in 2016

    Ron Marston

    Brady Palmer Real Estate

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Map

Source: Maine Listings

MLS Number: 1266902

Maine Listings

APN: AUGU 00034-00211-00000

Maine Kennebec County Augusta 04330

32 State St, Augusta, ME

Not Listed for Sale

MultiFamily

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