NOT LISTED FOR SALE

8 Chapel St Augusta, ME 04330

-- Bed
12 Baths
5,670 Sq Ft
6,970 Sq Ft Lot

Last Sold December 20, 2021

Last sale price $480,000 $85 Per Sq Ft

Highlights

  • Corner Lot
  • Forced Air Zoned Heating System
  • Carpet
  • No HOA
  • Hot Water Heating System

About This Home

As of December 2021

Great investment opportunity waiting for you! 12 unit multi-family on corner lot situated on .16 acre in an intown location. All 1 bedroom units each with their own dedicated electric meter, paved driveway, and newer roof. Check it out!

Last Agent to Sell the Property

Erika Robert

The Dot Fernald Team, Inc. Listed on: 10/20/2021

Co-Listed By

Scott Robert

The Dot Fernald Team, Inc.

Last Buyer's Agent

Bernice Ray

Berkshire Hathaway HomeServices Northeast Real Estate

Berkshire Hathaway HomeServices Northeast Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,423

Year Built

  • Built in 1838

Lot Details

  • 6,970 Sq Ft Lot
  • Corner Lot
  • Interior Lot
  • Level Lot

Home Design

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

Interior Spaces

  • 12 Full Bathrooms
  • 5,670 Sq Ft Home
  • 2-Story Property

Flooring

  • Carpet
  • Laminate

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • Driveway
  • Paved Parking
  • Off-Street Parking

Location

  • City Lot

Utilities

  • No Cooling
  • Forced Air Zoned Heating System
  • Heating System Uses Natural Gas
  • Hot Water Heating System

Listing and Financial Details

  • Tax Lot 200
  • Assessor Parcel Number AUGU-000033-000200

Community Details

Overview

  • No Home Owners Association
  • 12 Units

Building Details

  • Operating Expense $38,454
  • Gross Income $96,168

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,423

Year Built

Built in 1838

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.16
  • Road Surface Type: Paved
  • Co List Office Phone: 207-240-0052
  • MLS Status: Closed
  • Directions: From Western Ave, turn onto Chapel St. Property is located on the corner of Chapel and Court St.
  • Above Grade Finished Sq Ft: 5670.0
  • Architectural Style: Multi-Level
  • Garage Yn: No
  • Building Stories: 2
  • Year Built: 1838
  • Location Information:Leased Land: No
  • Contract Information:List PriceSqFt: 97.0
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.16
  • Property Information:Total Baths: 12.0
  • Property Information:SqFt Finished Above Grade: 5670.0
  • Property Information:Garage: No
  • Site:Corner Lot: Yes
  • Site:Level: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Forced Air: Yes
  • Heat System:Hot Water: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Parking:Off Street: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Walk-Out: Yes
  • Exterior:Vinyl Siding: Yes
  • Basement:Unfinished: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Heat Fuel:Gas Natural: Yes
  • Floors:Laminate: Yes
  • Property Information:Number of Units: 12
  • Heat System:Multi-Zones: Yes
  • Building Info:_pound_ Stories2: 2
  • Income Expenses Gross Income: 96168.0
  • Income Expenses Operating Expenses: 38454.0
  • Style:Multi-Level: Yes
  • Gas:Natural - At Street: Yes
  • Advertising Remarks:Advertising Remarks: Great investment opportunity waiting for you! 12 unit multi-family on corner lot situated on .16 acre in an intown location. All 1 bedroom units each with their own dedicated electric meter, paved driveway, and newer roof. Check it out!
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Has Basement: Full, Walk-Out Access, Unfinished
  • Full Bathrooms: 12
  • Flooring: Laminate, Carpet
  • Full Basement: Yes
  • Location:Interior Lot: Yes

Exterior Features

  • Lot Features: Corner Lot, Level, Interior Lot, Intown
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Parking Features: 1 - 4 Spaces, Paved, Off Street

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Multi-Zones, Hot Water, Forced Air
  • 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: 6969.6
  • Parcel #: AUGU-000033-000200
  • Zoning: Res

Multi Family

  • Number Of Units Total: 12
  • Annual Gross Income: 96168.0
  • Annual Operating Expense: 38454.0

Tax Info

  • Tax Annual Amount: 7423.0
  • Tax Lot: 200
  • Tax Year: 2020

Range of Values:

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Value Increase
--
Percent Increase
--
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 Prior Sale
12/20/2021 12/20/21 Sold $480,000 -12.7% $85 / Sq Ft
10/21/2021 10/21/21 Pending -- -- --
10/20/2021 10/20/21 For Sale $550,000 +111.5% $97 / Sq Ft
05/12/2014 05/12/14 Sold $260,000 -13.0% $46 / Sq Ft View Prior Sale
03/07/2014 03/07/14 Pending -- -- --
09/27/2013 09/27/13 For Sale $299,000 -- $53 / 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: 1512651

Maine Listings