Here is a solid 11-unit building that has a nice intown location with many features for the apartment house investor! The unit breakdown is: 10–1 bed, and 1–2 bed, (the 2 bed unit has 2 baths) building has good numbers and rental history, newer natural gas boiler, (less than 1 year old) good maintenance, some remodeled units, all with full baths, living room, good flooring, painted, etc., building manager in place, (may stay) lot size is .34 acre with parking, full basement and solid building, some of the rents could come up, walking distance to downtown and the Calumet playground. Nice and consistent income producer – good long-term investment. Currently, a very strong rental market.
Closed
$530,000
132 Northern Avenue, Augusta, ME 04330
12beds
5,818sqft
Multi Family
Built in 1928
-- sqft lot
$695,000 Zestimate®
$91/sqft
$1,622 Estimated rent
Home value
$695,000
$626,000 - $771,000
$1,622/mo
Zestimate® history
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What's special
Zillow last checked: 8 hours ago
Listing updated: January 13, 2025 at 07:11pm
Listed by:
Sprague & Curtis Real Estate jim@spragueandcurtis.com
Bought with:
LAER
Source: Maine Listings,MLS#: 1557751
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 12
- Bathrooms: 12
- Full bathrooms: 12
Heating
- Baseboard, Hot Water
Cooling
- None
Features
- 1st Floor Bedroom, Shower
- Flooring: Carpet, Other, Vinyl, Wood
- Basement: Exterior Entry,Dirt Floor,Full,Unfinished,Brick/Mortar
- Has fireplace: No
Interior area
- Total structure area: 5,818
- Total interior livable area: 5,818 sqft
- Finished area above ground: 5,818
- Finished area below ground: 0
Property
Parking
- Parking features: Gravel, 5 - 10 Spaces
Features
- Levels: Multi/Split
- Stories: 3
- Patio & porch: Porch
Lot
- Size: 0.34 Acres
- Features: Interior Lot, City Lot, Neighborhood, Rolling Slope
Details
- Zoning: Residential
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Other
- Property subtype: Multi Family
Materials
- Wood Frame, Aluminum Siding, Other
- Foundation: Granite, Other, Brick/Mortar
- Roof: Membrane,Other
Condition
- Year built: 1928
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Utilities On
Community & neighborhood
Location
- Region: Augusta
Other
Other facts
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 11/22/2023 | Sold | $530,000-6.2%$91/sqft |
Source:  Maine Listings #1557751 | ||
| 9/18/2023 | Contingent | $565,000$97/sqft |
Source: Maine Listings #1557751 | ||
| 9/5/2023 | Price change | $565,000-0.9%$97/sqft |
Source: Maine Listings #1557751 | ||
| 8/29/2023 | Price change | $570,000-0.9%$98/sqft |
Source: Maine Listings #1557751 | ||
| 8/3/2023 | Price change | $575,000-4.2%$99/sqft |
Source: Maine Listings #1557751 | ||
Public tax history
Tax history is unavailable.
Neighborhood: 04330
Nearby schools
GreatSchools rating
- 4/10Sylvio J Gilbert SchoolGrades: PK-6Distance: 0.5 mi
- 3/10Cony Middle SchoolGrades: 7-8Distance: 1.7 mi
- 4/10Cony Middle and High SchoolGrades: 9-12Distance: 1.7 mi
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