NOT LISTED FOR SALE

6 Lancaster Ln Augusta, ME 04330

5 Beds
5.5 Baths
7,889 Sq Ft
0.51 Acres

Last Sold April 22, 2022

Last sale price $355,000 $45 Per Sq Ft

3 Days on Market

Highlights

  • Deck
  • Main Floor Bedroom
  • 5 Fireplaces
  • Wood Flooring
  • Attic
  • No HOA

About This Home

As of April 2022

Great opportunity with this 4-Unit located
In-town Augusta at the end of a private drive.
Great rental history with long term tenants.
Fully occupied. Ample on site parking.
Large four bedroom, 1.5 bathroom, unit on first floor.
1-three bedroom, two bathroom, with private fenced in yard.
2-one bedroom, one bathroom units,
Main house roof replaced 2011 +/-.
Laundry hookup in each apartment.

Last Agent to Sell the Property

Denise Chick

Lakehome Group Real Estate Brokerage Email: info@lakehomegroup.com Listed on: 03/16/2022

Last Buyer's Agent

John Lawrence

Brady Palmer Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,631

Year Built

  • Built in 1813

Lot Details

  • 0.51 Acre Lot
  • Property fronts a private road
  • Dirt Road
  • Cul-De-Sac
  • Street terminates at a dead end
  • Level Lot

Home Design

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

Interior Spaces

  • 2-Story Property
  • 5 Fireplaces
  • Attic

Flooring

  • Wood
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • Bathtub

Laundry

  • Laundry on main level
  • Washer and Dryer Hookup

Unfinished Basement

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

Parking

  • Gravel Driveway
  • On-Site Parking

Outdoor Features

  • Deck
  • Shed

Utilities

  • No Cooling
  • Zoned Heating
  • Radiator
  • Heating System Uses Oil
  • Oil Water Heater
  • Internet Available

Additional Features

  • Doors are 32 inches wide or more
  • City Lot

Listing and Financial Details

  • Tax Lot 315B
  • Assessor Parcel Number AUGU-000027-000315B

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • The community has rules related to deed restrictions

Building Details

  • Operating Expense $14,743
  • Gross Income $40,920

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,631

Year Built

Built in 1813

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.51
  • Road Frontage Type: Private
  • Road Surface Type: Gravel
  • MLS Status: Closed
  • Directions: Western Avenue to South Chestnut Street. Turn Left onto Lincoln Street then immediately turn right onto Bedford street. Road name changes to Lancaster Lane. Dirt driveway
  • Above Grade Finished Sq Ft: 5485.0
  • Architectural Style: Other Style
  • Garage Yn: No
  • Building Stories: 2
  • Year Built: 1813
  • Attribution Contact: info@lakehomegroup.com
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.51
  • Property Information:Total Baths: 6.0
  • Property Information:SqFt Finished Above Grade: 5485.0
  • Property Information:SqFt Finished Below Grade: 2404.0
  • Property Information:Garage: No
  • Site:Level: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Tile2: Yes
  • Floors:Vinyl: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Basement Entry:Interior: Yes
  • Roads:Private: Yes
  • Exterior:Vinyl Siding: Yes
  • Water Heater:Electric2: Yes
  • Amenities:Laundry - Hookup: Yes
  • Basement:Unfinished: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Amenities:Laundry - 2nd Floor: Yes
  • Property Information:Number of Units: 4
  • Foundation Materials:BrickMortar2: Yes
  • Foundation Materials:Stone: Yes
  • Heat System:Multi-Zones: Yes
  • Building Info:_pound_ Stories2: 2
  • Income Expenses Gross Income: 40920.0
  • Income Expenses Operating Expenses: 14742.75
  • Parking:On Site2: Yes
  • Amenities:Bathtub: Yes
  • Basement:Crawl Space: Yes
  • Amenities:Laundry - 1st Floor: Yes
  • Building Info:_pound_ Fireplaces3: 5
  • Amenities:Attic: Yes
  • Property Information:Short Sale Continue to Show: No
  • Roads:Dead End: Yes
  • Roads:GravelDirt: Yes
  • Driveway:Gravel: Yes
  • Equipment:Internet Access Available: Yes
  • Property Information:Deed Restrictions: Yes
  • Water Heater:Oil2: Yes
  • Heat System:Radiator: Yes
  • Site:Cul-De-Sac: Yes
  • Basement Entry:Exterior Only: Yes
  • Other Structures:Shed: Yes
  • Accessibilitiy Amenities 32 - 36 Inch Doors: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Accessibility Features: 32 - 36 Inch Doors
  • Has Basement: Crawl Space, Full, Other, Exterior Entry, Bulkhead, Interior Entry, Exterior Only, Unfinished
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Below Grade Sq Ft: 2404.0
  • Fireplaces: 5
  • Fireplace: Yes
  • Flooring: Wood, Vinyl, Tile
  • Interior Amenities: 1st Floor Bedroom, 1st Floor Primary Bedroom w/Bath, Attic, Bathtub
  • Full Basement: Yes
  • Amenities 1st Floor Primary BR wBath: Yes

Exterior Features

  • Lot Features: Cul-De-Sac, Level, Intown, Near Shopping, Near Turnpike/Interstate, Near Town, Neighborhood
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Stone, Concrete Perimeter, Brick/Mortar
  • Other Structures: Shed(s)
  • Patio And Porch Features: Deck
  • Roof: Shingle
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: 11 - 20 Spaces, Gravel, On Site

Utilities

  • Laundry Features: Laundry - 1st Floor, Upper Level, Main Level, Washer Hookup
  • Cooling: None
  • Cooling Y N: No
  • Heating: Radiator, Multi-Zones, Hot Air
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Utilities: Utilities On
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Pets Allowed: No Restrictions

Schools

  • Junior High Dist: Augusta Public Schools

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 22215.6
  • Parcel #: AUGU-000027-000315B
  • Zoning: Residential

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 40920.0
  • Annual Operating Expense: 14742.75

Tax Info

  • Tax Annual Amount: 3631.0
  • Tax Book Number: 9702
  • Tax Lot: 315B
  • Tax Map Number: 27
  • Tax Year: 2022

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 List to Sale Price per Sq Ft
04/22/2022 04/22/22 Sold $355,000 +1.7% $45 / Sq Ft
03/20/2022 03/20/22 Pending -- -- --
03/16/2022 03/16/22 For Sale $349,000 -- $44 / 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: 1521862

Maine Listings

APN: AUGU 00027-0315B-00000