Excellent investment opportunity with owner-occupant potential! This well-maintained 6-unit multifamily property features a desirable unit mix: one 3-bedroom unit (currently vacant and ideal for owner-occupancy), four 2-bedroom units, and one 1-bedroom unit. All units are spacious, separately metered, and have a strong rental history. The property includes a 2-car garage and additional off-street parking. There is also potential for future development or expansion with the appropriate approvals. Current rents are below market, offering significant upside for increased income. Located in a near public transit, shopping, and schools, this property combines immediate cash flow with long-term growth potential.
Active under contract
Price cut: $50K (11/17)
$450,000
33 Washington Street, Augusta, ME 04330
12beds
5,407sqft
Est.:
Multi Family
Built in 1856
-- sqft lot
$-- Zestimate®
$83/sqft
$-- HOA
What's special
Additional off-street parking
- 63 days |
- 533 |
- 32 |
Zillow last checked: 8 hours ago
Listing updated: December 08, 2025 at 08:01am
Listed by:
The Flaherty Group
Source: Maine Listings,MLS#: 1640208
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 12
- Bathrooms: 6
- Full bathrooms: 6
Heating
- Hot Water
Cooling
- None
Features
- Flooring: Carpet, Vinyl, Ceramic Tile, Hardwood
- Basement: Bulkhead,Interior Entry
Interior area
- Total structure area: 5,407
- Total interior livable area: 5,407 sqft
- Finished area above ground: 4,552
- Finished area below ground: 855
Property
Parking
- Total spaces: 2
- Parking features: Garage
- Garage spaces: 2
Lot
- Size: 0.63 Acres
Details
- Parcel number: AUGUM00035B00040L00000
- Zoning: AC LND IMP
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Victorian
- Property subtype: Multi Family
Materials
- Roof: Shingle
Condition
- Year built: 1856
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Public Sewer
- Water: Public
Community & HOA
Location
- Region: Augusta
Financial & listing details
- Price per square foot: $83/sqft
- Tax assessed value: $232,300
- Annual tax amount: $5,529
- Date on market: 10/8/2025
Estimated market value
Not available
Estimated sales range
Not available
$2,316/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 12/4/2025 | Contingent | $450,000$83/sqft |
Source: | ||
| 11/17/2025 | Price change | $450,000-10%$83/sqft |
Source: | ||
| 10/8/2025 | Listed for sale | $500,000$92/sqft |
Source: | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $5,529 +3.7% | $232,300 |
| 2023 | $5,334 +4.8% | $232,300 |
| 2022 | $5,092 +4.7% | $232,300 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$2,697/mo
Principal & interest
$2183
Property taxes
$356
Home insurance
$158
Climate risks
Neighborhood: 04330
Nearby schools
GreatSchools rating
- 4/10Sylvio J Gilbert SchoolGrades: PK-6Distance: 0.7 mi
- 3/10Cony Middle SchoolGrades: 7-8Distance: 1.5 mi
- 4/10Cony Middle and High SchoolGrades: 9-12Distance: 1.5 mi
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