$239,900
PENDING

53 Gage St Augusta, ME 04330

Estimated payment $1,488/month

Total Views 2,223
-- Bed
2 Baths
1,829 Sq Ft
$131 Price per Sq Ft

Highlights

  • Water Views
  • Farmhouse Style Home
  • 2 Car Detached Garage
  • Wood Flooring
  • No HOA
  • Open Lot

About This Home

Well situated duplex featuring two spacious layouts 3 bed 1 bath unit and a 2 bed 1 bath unit, each with separate utilities and generous living areas. Recent exterior upgrades, with a detached 2 car garage. Long history of full occupancy and on time payments step into stable cash flow from day one. Independent heat and electricity keep operating expenses low. Opportunity to raise rents to market. Ideal 1031 replacement property offering both current yield and future appreciation. Add this asset to your portfolio and capture immediate income with room to grow.

Listing Agent

Matt Boulerice

New England Realty Group LLC Listed on: 07/23/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,085

Year Built

  • Built in 1900

Lot Details

  • 7,841 Sq Ft Lot
  • Open Lot

Parking

  • 2 Car Detached Garage
  • Common or Shared Parking
  • Gravel Driveway
  • Shared Driveway

Home Design

  • Farmhouse Style Home
  • Wood Frame Construction
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 2 Full Bathrooms
  • 1,829 Sq Ft Home
  • Water Views
  • Basement Fills Entire Space Under The House

Flooring

  • Wood
  • Vinyl

Utilities

  • No Cooling
  • Heating System Uses Gas
  • Heating System Uses Oil
  • Heating System Mounted To A Wall or Window
  • Gas Water Heater
  • Oil Water Heater

Listing and Financial Details

  • Tax Lot 10
  • Assessor Parcel Number 53gagestreetaugusta04330

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Operating Expense $7,107
  • Gross Income $28,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,085

Year Built

Built in 1900

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.18
  • Water Body Name: Kennebec River
  • MLS Status: Pending
  • Above Grade Finished Sq Ft: 1829.0
  • Architectural Style: Farmhouse
  • Garage Yn: Yes
  • Year Built: 1900
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.18
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 1829.0
  • Property Information:Garage: Yes
  • Site:Open: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: Yes
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Vinyl: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Water Heater:Gas: Yes
  • Property Information:Garage Spaces: 2.0
  • Driveway:Common2: Yes
  • Vehicle Storage:Detached: Yes
  • Property Information:Number of Units: 2
  • Income Expenses Gross Income: 28800.0
  • Income Expenses Operating Expenses: 7107.0
  • Exterior:Wood Siding: Yes
  • Gas:Natural - At Street: Yes
  • Driveway:Gravel: Yes
  • Heat Fuel:Gas Bottled: Yes
  • Water Heater:Oil2: Yes
  • Heat System:Direct Vent Heater: Yes
  • Heat System:Direct Vent Furnace: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Full, Bulkhead
  • Full Bathrooms: 2
  • Flooring: Wood, Vinyl
  • Full Basement: Yes

Exterior Features

  • Lot Features: Open, Near Turnpike/Interstate, Near Town
  • Waterfront: No
  • Construction Type: Wood Siding, Wood Frame
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: 1 - 4 Spaces, Gravel, Paved, Common, Detached

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Direct Vent Heater, Direct Vent Furnace
  • 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: 7840.8
  • Parcel #: 53gagestreetaugusta04330
  • Zoning: MDL-01

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 28800.0
  • Annual Operating Expense: 7107.0

Tax Info

  • Tax Annual Amount: 2085.0
  • Tax Book Number: 15312
  • Tax Lot: 10
  • Tax Map Number: 33
  • Tax Year: 2024

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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 $2,085 $87,600 $15,100 $72,500
2023 $2,011 $87,600 $15,100 $72,500
2022 $1,802 $82,200 $15,100 $67,100
2021 $1,721 $82,200 $15,100 $67,100
2020 $1,721 $82,200 $15,100 $67,100
2019 $1,724 $82,200 $15,100 $67,100
2018 $1,699 $82,200 $15,100 $67,100
2017 $1,675 $82,200 $15,100 $67,100
2016 $1,627 $82,200 $15,100 $67,100
2015 $1,595 $82,200 $15,100 $67,100
2014 $1,535 $82,200 $15,100 $67,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2025 07/31/25 Pending -- -- --
07/23/2025 07/23/25 For Sale $239,900 +17.0% $131 / Sq Ft
03/12/2025 03/12/25 Pending -- -- --
03/07/2025 03/07/25 Sold $205,000 -14.2% $112 / Sq Ft
02/13/2025 02/13/25 For Sale $239,000 -- $131 / Sq Ft
Source: Maine Listings

Purchase History

Date Type Sale Price Title Company
Warranty Deed $185,000 None Available
Warranty Deed $185,000 None Available
Warranty Deed $465,000 None Available
Warranty Deed $465,000 None Available
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $185,000 Stand Alone Refi Refinance Of Original Loan
Closed $185,000 New Conventional
Previous Owner $1,983,000 Unknown
Previous Owner $119,425 Unknown
Previous Owner $805,000 Unknown
Source: Public Records

Source: Maine Listings

MLS Number: 1631472

Maine Listings

APN: AUGU-000033-000010