Multi-Family for Sale: 4 Spruce Street, Augusta, ME 04330

2 full baths
$350,000
$350,000
4 Spruce Street, Augusta, ME 04330
2 full baths
$350,000
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Price:
$350,000

Type Multi-Family
Style New Englander
Total Baths 2 full baths
Square Feet 1,932 sqft
Lot Size 0.10 acres
Year Built 1890
Taxes Paid $2,418

City Augusta
County Kennebec

MLS 1610859
Status Active
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.

Room Features

Basement Description Full, Walk-Out Access, Unfinished

Lot & Building Features

Cooling None
Tax Year 2023
Taxes Paid $2,418

Unit Features

Unit 1 Full Baths 1
Unit 1 of Bedrooms 3
Unit 1 of Rooms 6
Unit 2 Full Baths 1
Unit 2 of Bedrooms 2
Unit 2 of Rooms 4

Price History of 4 Spruce Street, Augusta, ME

Date Name Price Difference
12/08/2024 Listing Price $350,000 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.

Comparable Properties Sold Near By

Low
$287,000
$143 / sqft
Average
$313,200
$163 / sqft
High
$365,000
$198 / sqft

Address City Zip Beds Baths Price Sq. Ft. $/SQFT Sold Date
This Listing Augusta 04330 0 2.0 $350,000 1,932 $181 N/A
138 Town Farm Road Hallowell 04347 0 3.0 $310,000 1,848 $168 01/05/2024
138 Town Farm Road Hallowell 04347 0 2.0 $365,000 1,848 $198 06/24/2024
27 Gannett Street Augusta 04330 0 2.0 $287,000 2,014 $143 06/28/2024
53 Franklin Street Augusta 04330 0 2.0 $299,000 2,081 $144 06/28/2024
6 Brooklawn Avenue Augusta 04330 0 2.0 $305,000 1,791 $170 12/05/2024

Map of 4 Spruce Street, Augusta, ME

Location Map Street View
Photo of Patrick Casey
Direct: 781-400-3864
Office
PO Box 101
Merrimack, NH 03054
603-787-3155
Listed by Keller Williams Realty, Kayla Hatheway 207-879-9800
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0.69085714285714%
6.75%
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4 Spruce Street (MLS #1610859) is a new englander multi-family listing located in Augusta, ME. This multi-family listing is 1,932 sqft and on a lot of 4,356 sqft (or 0.10 acres) and is 134 years old. This property was listed on 12/07/2024 and has been priced for sale at $350,000.

The multi-family listing at 27 Gannett Street in Augusta is nearby and sold for $287,000 on 06/28/2024. Another nearby multi-family listing, 53 Franklin Street in Augusta sold for $299,000 on 06/28/2024.

Nearby zip codes are 04344, 04345, 04346, 04347 and 04351. This property neighbors other cities such as Chelsea, Farmingdale, Hallowell, Manchester and Sidney.

MREIS

Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation.

All information provided is deemed reliable but is not guaranteed and should be independently verified.

Listing information courtesy of: Keller Williams Realty

Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, non-commercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. ©2024 Maine Real Estate Information System, Inc. All Rights Reserved. This web site does not display complete Maine Listings. Certain Maine Listings of other real estate brokerage firms have been excluded.