NOT LISTED FOR SALE

85-89 Eastern Ave Augusta, ME 04330

7 Beds
4 Baths
3,385 Sq Ft
0.4 Acres

Last Sold August 31, 2022

Last sale price $450,000 $133 Per Sq Ft

119 Days on Market

Highlights

  • Additional Residence on Property
  • Wood Flooring
  • Detached Garage
  • Colonial Architecture
  • No HOA
  • 3-minute walk to McCall's Park

About This Home

As of August 2022

Well-maintained and conveniently located on the east-side, this multi-family property has 3 homes totaling 4 units. Add to your investment portfolio or use as an owner-occupied income producer. The first home is complete with an updated kitchen, 3 bedrooms, and full bath. The second floor offers an efficiency apartment with a long term tenant. The second home boasts hardwood floors, a kitchen and separate dining space, two bedrooms upstairs and a full bath. The third home has an open kitchen and living area with a large full bath. Modern, spiral stairs lead to an upstairs loft-style bedroom. There is ample parking for each unit (2-4 spaces each) and a great rental history. This unique property is a winner – take a look!

Last Agent to Sell the Property

Kimberly Bard

Surette Real Estate Brokerage Email: office@surette-realestate.com Listed on: 04/05/2022

Last Buyer's Agent

Corey Lee

Real Broker

Real Broker

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,123

Year Built

  • Built in 1933

Lot Details

  • 0.4 Acre Lot
  • Level Lot
  • Open Lot

Home Design

  • Colonial Architecture
  • Bungalow
  • Gambrel Roof
  • Concrete Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Wood Siding
  • Clap Board Siding
  • Vinyl Siding
  • Concrete Perimeter Foundation
  • Clapboard

Interior Spaces

  • 4 Full Bathrooms
  • 3,385 Sq Ft Home
  • Unfinished Basement
  • Interior and Exterior Basement Entry

Flooring

  • Wood
  • Carpet
  • Laminate
  • Tile
  • Vinyl

Parking

  • Detached Garage
  • Common or Shared Parking
  • Gravel Driveway
  • Shared Driveway
  • Off-Street Parking

Utilities

  • No Cooling
  • Heating System Uses Kerosene
  • Heating System Uses Oil
  • Baseboard Heating
  • Hot Water Heating System
  • Electric Water Heater

Additional Features

  • Additional Residence on Property
  • City Lot

Listing and Financial Details

  • Tax Lot 0070
  • Assessor Parcel Number 85&89EasternAvenueAugusta04330

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • Operating Expense $9,317
  • Gross Income $48,180

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,123

Year Built

Built in 1933

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.4
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Above Grade Finished Sq Ft: 3385.0
  • Architectural Style: Colonial, Bungalow, Gambrel
  • Garage Yn: No
  • Year Built: 1933
  • Attribution Contact: office@surette-realestate.com
  • Location Information:Leased Land: No
  • Contract Information:List PriceSqFt: 135.6
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.4
  • Property Information:Total Baths: 4.0
  • Property Information:SqFt Finished Above Grade: 3385.0
  • Property Information:Garage: No
  • Site:Level: Yes
  • Site:Open: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Hot Water: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Tile2: Yes
  • Floors:Vinyl: Yes
  • Floors:Wood3: Yes
  • Parking:Off Street: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Basement Entry:Interior: Yes
  • Exterior:Vinyl Siding: Yes
  • Gas:Natural - On Site: Yes
  • Driveway:Common2: Yes
  • Water Heater:Electric2: Yes
  • Vehicle Storage:Detached: Yes
  • Basement:Unfinished: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Floors:Laminate: Yes
  • Style:Bungalow: Yes
  • Property Information:Number of Units: 4
  • Exterior:Clapboard: Yes
  • Income Expenses Gross Income: 48180.0
  • Income Expenses Operating Expenses: 9317.0
  • Exterior:Wood Siding: Yes
  • Style:Colonial: Yes
  • Property Information:Short Sale Continue to Show: No
  • Heat Fuel:K-1Kerosene: Yes
  • Driveway:Gravel: Yes
  • Property Information:Bank Owned REO: No
  • Style:Gambrel: Yes
  • Advertising Remarks:Advertising Remarks: Well-maintained and conveniently located on the east-side, this multi-family property has 3 homes totaling 4 units. Add to your investment portfolio or use as an owner-occupied income producer. The first home is complete with an updated kitchen, 3 bedrooms, and full bath. The second floor offers an efficiency apartment with a long term tenant. The second home boasts hardwood floors, a kitchen and separate dining space, two bedrooms upstairs and a full bath. The third home has an open kitchen and living area with a large full bath. Modern, spiral stairs lead to an upstairs loft-style bedroom. There is ample parking for each unit (2-4 spaces each) and a great rental history. This unique property is a winner – take a look!
  • Property Information 2 Detached Houses on 1 Lot: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Bulkhead, Exterior Entry, Interior Entry, Unfinished
  • Full Bathrooms: 4
  • Flooring: Wood, Vinyl, Tile, Laminate, Carpet

Exterior Features

  • Lot Features: Level, Open Lot, Intown, Near Shopping, Near Town, Neighborhood
  • Waterfront: No
  • Construction Type: Wood Siding, Vinyl Siding, Clapboard, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Parking Features: 5 - 10 Spaces, Gravel, Common, Detached, Off Street

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Other Heat System, Hot Water, Baseboard
  • 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: 17424.0
  • Parcel #: 85&89EasternAvenueAugusta04330
  • Zoning: Residential

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 48180.0
  • Annual Operating Expense: 9317.0

Tax Info

  • Tax Annual Amount: 4123.0
  • Tax Lot: 0070
  • Tax Year: 2021

Range of Values:

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Value 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 Prior Sale
08/31/2022 08/31/22 Sold $450,000 -11.6% $133 / Sq Ft
08/03/2022 08/03/22 Pending -- -- --
04/05/2022 04/05/22 For Sale $509,000 +175.1% $150 / Sq Ft
09/12/2019 09/12/19 Sold $185,000 -7.5% $55 / Sq Ft View Prior Sale
08/02/2019 08/02/19 Pending -- -- --
03/26/2019 03/26/19 For Sale $200,000 -- $59 / 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: 1523645

Maine Listings

APN: AUGU M:00041 B:00070 L:00000