Don't miss this amazing opportunity for serious cash flow from one building. 7 units; a two-bedroom, a one-bedroom, and rooming house comprised of 5 rooms with shared bath resulting in a super cap rate for the smart investor. Professional property manager willing to stay on. Recent furnace, recent paint, a 2-car garage, and a double lot that presents expansion capacity! Check with city for potential. Convenient location close to Bangor Street and downtown Augusta. Have a look at the income and expenses and don't wonder why you passed it up with such great cash flow.
63 Patterson Street (MLS #1561770) is a other style, ranch multi-family listing located in Augusta, ME.
This multi-family listing is 1,817 sqft and on a lot of 13,068 sqft (or 0.30 acres) and is 143 years old. This property was listed on 12/27/2023 and has been priced for sale at $409,000.
The multi-family listing at 5 Crooker Street in Augusta is nearby and sold for $310,000 on 03/17/2023. Another nearby multi-family listing, 81 Eastern Avenue in Augusta sold for $290,000 on 09/14/2023.
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