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  • $350,000

    4 Spruce Street, Augusta, ME 04330

    5beds
    1,932sqft
    Multi Family
    Built in 1890
    -- sqft lot
    $367,100 Zestimate®
    $181/sqft
    $1,697 Estimated rent

    Home value

    $367,100

    $279,000 - $481,000

    $1,697/mo

    Zestimate® history
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    $1,697/mo

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    $1,697/mo

    Rent Zestimate®

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    $2,097/mo

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    $2,097/mo

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    What's special

    Located just one street over from a Maine General building, this beautifully renovated two-unit apartment building offers a fantastic opportunity for both investors and potential owner-occupants. Situated in a prime Augusta neighborhood, this property has been thoughtfully updated and is move-in ready. The building features two spacious units, both designed with generous living spaces, abundant natural light, and modern finishes. The kitchens and bathrooms have been completely renovated, showcasing brand-new counter tops, stylish cabinetry, and contemporary design elements. Throughout the property, you'll also find updated systems, including plumbing and electrical, ensuring long-term efficiency and reliability. Off-street parking is available, and each unit has its own separate utilities, making this an ideal setup for tenants or homeowners who appreciate independence and cost control. Whether you're looking to generate consistent rental income or enjoy a home with rental potential, this property is perfect for either scenario. Investors will appreciate the strong rental demand in the area, particularly with its close proximity to Maine General. For those considering owner-occupancy, living in one unit while renting out the other offers a great opportunity to offset living expenses. The location couldn't be more convenient, making it perfect for healthcare professionals or anyone who works in the area. Additionally, it's just a short drive to downtown Augusta, where you'll find shopping, dining, and other amenities. Whether you're an investor seeking a lucrative rental property or a homeowner looking to generate additional income, this is an exceptional opportunity.

    Zillow last checked: 8 hours ago

    Listing updated: June 06, 2025 at 01:59pm

    Listed by:

    Keller Williams Realty

    Bought with:

    Coldwell Banker Realty

    Source: Maine Listings,MLS#: 1610859MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Baseboard, Forced Air
    Cooling
    • None
    Appliances
    • Laundry: Laundry - Coin
    Features
    • Bathtub
    • Flooring: Tile, Wood
    • Basement: Walk-Out Access,Full,Unfinished
    Interior area
    • Total structure area: 1,932
    • Total interior livable area: 1,932 sqft
    • Finished area above ground: 1,932
    • Finished area below ground: 0

    Property

    Parking
    • Parking features: Gravel, 5 - 10 Spaces, Off Street
    Lot
    • Size: 4,356 sqft
    • Features: Near Shopping, Near Town, Sidewalks
    Details
    • Parcel number: AUGUM00038B00153L00000
    • Zoning: BusinessProfessional

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: New Englander
    • Property subtype: Multi Family
    Materials
    • Wood Frame, Vinyl Siding
    • Roof: Shingle
    Condition
    • Year built: 1890

    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

    DateEventPrice
    4/10/2025Sold$350,000+2.9%$181/sqft
    Source: Maine Listings #1610859
    3/10/2025Pending sale$340,000$176/sqft
    Source: Maine Listings #1610859
    2/27/2025Price change$340,000-1.4%$176/sqft
    Source: Maine Listings #1610859
    1/30/2025Price change$345,000-1.4%$179/sqft
    Source: Maine Listings #1610859
    1/4/2025Listed for sale$350,000$181/sqft
    Source: Maine Listings #1610859

    Public tax history

    YearProperty taxesTax assessment
    2024$2,637 +9.1%$110,800 +5.2%
    2023$2,418 +4.8%$105,300
    2022$2,308 +4.7%$105,300

    Find assessor info on the county website

    Neighborhood: 04330

    Nearby schools

    GreatSchools rating
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