Multi-Family for Sale: 27 Eastern Avenue, Augusta, ME 04330 SOLD

1059 full baths
$647,500
$647,500
27 Eastern Avenue, Augusta, ME 04330 SOLD
1059 full baths
$647,500
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Selling Price: $647,500
Original List Price: $725,000
Sold at 89.3% of list price
Sold Date: 11/20/2024

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Type Multi-Family
Style Multi-Level
Total Baths 1059 full baths
Square Feet 5,478 sqft
Lot Size 0.22 acres
Year Built 1938
Taxes Paid $6,172
City Augusta
County Kennebec
MLS 1596326
Status Closed
DOM 78 days
Well maintained 10-unit apartment building consisting of 6 1-bedrooms and 4 2-bedroom units. Conveniently located in close proximity to the state capital campus. New furnace. Large off-street parking lot. Basement laundry area. Below market rents with significant upside potential. Great investment opportunity with projected 10%+ cap rate.

Room Features

Basement Description Exterior Only, Walk-Out Access, Partial, Full

Lot & Building Features

Cooling None
Tax Year 2023
Taxes Paid $6,172

Unit Features

Unit 1 Full Baths 1
Unit 1 of Bedrooms 1
Unit 1 of Rooms 3
Unit 2 Full Baths 1
Unit 2 of Bedrooms 1
Unit 2 of Rooms 3
Unit 3 Full Baths 1
Unit 3 of Bedrooms 1
Unit 3 of Rooms 3
Unit 4 Full Baths 1
Unit 4 of Bedrooms 1
Unit 4 of Rooms 3
Unit 5 Full Baths 1
Unit 5 of Bedrooms 1
Unit 5 of Rooms 3
Unit 6 Full Baths 1
Unit 6 of Bedrooms 2
Unit 6 of Rooms 4
Unit 7 Full Baths 1
Unit 7 of Bedrooms 2
Unit 7 of Rooms 4
Unit 8 Full Baths 1
Unit 8 of Bedrooms 1
Unit 8 of Rooms 3
Unit 9 Full Baths 1050
Unit 9 of Bedrooms 2
Unit 9 of Rooms 4
Unit 10 Full Baths 1
Unit 10 of Bedrooms 2
Unit 10 of Rooms 4

Price History of 27 Eastern Avenue

Date Name Price Difference
09/03/2024 Price Adjustment $647,500 10.69%
09/03/2024 Listing Price $725,000 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.

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Map of 27 Eastern Avenue, Augusta, ME

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Photo of Robin Bettencourt
Direct: 603-988-6264
Office
655 Wallis Road.
Rye, NH 03870
603-964-7000
Listed by J T Leahy Real Estate, Jonathan Leahy 207-939-8366
Sold by CORE, Benjamin Spencer 207-210-5677
$
20%
0.95320463320463%
6.75%
$
$
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Listing information courtesy of: J T Leahy Real Estate

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