$385,000
PENDING $15K PRICE DROP

98 Northern Ave Augusta, ME 04330

Estimated payment $2,312/month

Total Views 23,755
-- Bed
6 Baths
2,867 Sq Ft
$134 Price per Sq Ft

Highlights

  • No HOA
  • Hot Water Heating System
  • Carpet

About This Home

This well-maintained 6-unit apartment building offers a strong rental history with steady, consistent income. Located in-town Augusta, it features a mix of one- and two-bedroom units with reliable tenants and low vacancy rates. With recent updates to several units and opportunity to continue updating the rest, this is an excellent investment opportunity for those seeking long-term cash flow.

Listing Agent

Corey Ballew

LAER Listed on: 02/27/2025

LAER

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,136

Year Built

  • Built in 1900

Home Design

  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 6 Full Bathrooms
  • Multi-Level Property

Flooring

  • Carpet
  • Vinyl

Basement

  • Walk-Out Basement
  • Exterior Basement Entry
  • Natural lighting in basement

Parking

  • No Driveway
  • On-Street Parking

Utilities

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

Additional Features

  • 6,970 Sq Ft Lot
  • City Lot

Listing and Financial Details

  • Tax Lot 281
  • Assessor Parcel Number AUGU-000035-000281

Community Details

Overview

  • No Home Owners Association
  • 6 Units

Building Details

  • Operating Expense $22,046
  • Gross Income $64,228

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,136

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.16
  • Road Surface Type: Paved
  • MLS Status: Pending
  • Above Grade Finished Sq Ft: 2048.0
  • Architectural Style: Other
  • Garage Yn: No
  • Unit Levels: Multi-Level
  • Year Built: 1900
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.16
  • Property Information:Total Baths: 6.0
  • Property Information:SqFt Finished Above Grade: 2048.0
  • Property Information:SqFt Finished Below Grade: 819.0
  • Property Information:Garage: No
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Basement:Daylight: Yes
  • Basement:Walkout Access: Yes
  • Roof:Shingle: Yes
  • Heat System:Hot Water: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Exterior:Vinyl Siding: Yes
  • Water Heater:Electric2: Yes
  • Gas:No Gas: Yes
  • Property Information:Number of Units: 6
  • Income Expenses Gross Income: 64227.6
  • Income Expenses Operating Expenses: 22046.0
  • Driveway:No Driveway: Yes
  • Water Heater:Tank: Yes
  • Basement Entry:Exterior Only: Yes
  • Parking:On Street: Yes
  • Levels:Multi-Level3: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Walk-Out Access, Daylight, Exterior Only
  • Full Bathrooms: 6
  • Below Grade Sq Ft: 819.0
  • Flooring: Vinyl, Other, Carpet

Exterior Features

  • Lot Features: Sidewalks, Intown, Near Town
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Parking Features: No Driveway, On Street

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water
  • 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-000035-000281
  • Zoning: RC

Multi Family

  • Number Of Units Total: 6
  • Annual Gross Income: 64227.6
  • Annual Operating Expense: 22046.0

Tax Info

  • Tax Annual Amount: 3136.0
  • Tax Book Number: 14787
  • Tax Lot: 281
  • Tax Map Number: 35
  • Tax Year: 2023

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

Property History

Date Event Price Change Sq Ft Price
08/17/2025 08/17/25 Pending -- -- --
04/26/2025 04/26/25 Price Changed $385,000 -3.8% $134 / Sq Ft
02/27/2025 02/27/25 For Sale $400,000 +21.2% $140 / Sq Ft
06/15/2023 06/15/23 Sold $330,000 -9.6% $115 / Sq Ft
11/02/2022 11/02/22 Price Changed $365,000 -5.2% $127 / Sq Ft
09/15/2022 09/15/22 For Sale $385,000 +258.1% $134 / Sq Ft
06/12/2020 06/12/20 Sold $107,500 -28.3% $37 / Sq Ft
02/19/2020 02/19/20 Pending -- -- --
07/24/2019 07/24/19 For Sale $149,900 -- $52 / Sq Ft
Source: Maine Listings

Source: Maine Listings

MLS Number: 1615075

Maine Listings

APN: AUGU 00035-00281-00000

Maine Kennebec County Augusta 04330

98 Northern Ave, Augusta, ME

This home is located at 98 Northern Ave, Augusta, ME 04330 and is currently priced at $385,000, approximately $134 per square foot. This property was built in 1900. 98 Northern Ave is a home located in Kennebec County with nearby schools including Cony Middle School, Cony School, and Maine Virtual Academy.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Maine Listings Listing data is derived in whole or in part from Maine Real Estate Information System, Inc. (d/b/a Maine Listings) and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.
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Listing Agent
Corey Ballew
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LAER
(207) 313-0468