Single Family for Sale: 7-11 Lorette Lane, Augusta, ME 04330

4 beds
2 full baths
$299,000
$299,000
7-11 Lorette Lane, Augusta, ME 04330
4 beds
2 full baths
$299,000
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Price:
$299,000
$50,000 - 08/05/2024

Type Single Family
Style Cape
Beds 4
Total Baths 2 full baths
Square Feet 1,581 sqft
Lot Size 1.24 acres
Year Built 1900
Taxes Paid $5,867

City Augusta
County Kennebec

MLS 1594058
Status Active
Augusta- Incredible opportunity to own a versatile property offering both residential and commercial possibilities within its own secluded space! This beautiful property features a two-story commercial office building, perfect for a variety of uses and easily adaptable for multiple businesses with its front, side, and rear entrances. The downstairs is a blank slate ready for it's new owners finishing touches. Tons of parking! The residential component includes a 4-5 bedroom, 2-bath home with a detached 2-car garage and a spacious backyard, ideal for relaxation and family gatherings, though it does require rehab prior to occupancy. Additionally, there's a large storage/workshop space with high ceilings, divided into separate sections, one of which is occupied by a long-term tenant. This property is perfect for an entrepreneur looking for a unique live-work setup or an investor seeking diverse income streams. Must be a cash or strong conventional purchase. Seller will consider owning financing.

Room Features

Bedroom 1 Second floor
Bedroom 2 Second floor
Bedroom 3 Second floor
Bedroom 4 Second floor
Dining Room First floor
Kitchen First floor
Living Room First floor
Office First floor
Basement Description Full, Interior Entry

Lot & Building Features

Cooling None
Tax Year 2023
Taxes Paid $5,867

Price History of 7-11 Lorette Lane, Augusta, ME

Date Name Price Difference
08/05/2024 Price Adjustment $299,000 14.33%
07/01/2024 Price Adjustment $349,000 12.53%
06/20/2024 Listing Price $399,000 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
$220,000
$136 / sqft
Average
$257,767
$162 / sqft
High
$327,000
$193 / sqft

Address City Zip Beds Baths Price Sq. Ft. $/SQFT Sold Date
This Listing Augusta 04330 4 2.0 $299,000 1,581 $189 N/A
85 Willow Street Augusta 04330 3 1.0 $235,000 1,644 $143 09/01/2023
11 Fairview Avenue Augusta 04330 3 1.0 $276,000 1,462 $189 10/30/2023
10 Hillcrest Court Augusta 04330 3 2.0 $240,000 1,628 $147 10/11/2023
56 Patterson Street Augusta 04330 4 2.0 $235,000 1,716 $137 11/22/2023
143 Mount Vernon Avenue Augusta 04330 3 2.0 $234,000 1,736 $135 01/22/2024
41 Newland Avenue Augusta 04330 3 2.0 $291,500 1,608 $181 11/20/2023
77 Bridge Street Augusta 04330 4 1.0 $220,000 1,613 $136 12/05/2023
20 Elm Avenue Augusta 04330 3 2.0 $327,000 1,695 $193 03/29/2024
10 Walker St Street Augusta 04330 3 2.0 $285,000 1,464 $195 04/30/2024
43 Granite Street Augusta 04330 3 2.0 $275,000 1,741 $158 04/17/2024
4 Pearl Street Augusta 04330 3 2.0 $315,000 1,542 $204 05/31/2024
2055 Belfast Avenue Augusta 04330 3 1.0 $225,000 1,411 $159 06/27/2024
21 Spring Street Augusta 04330 3 2.0 $229,000 1,749 $131 07/03/2024
90 Quimby Street Augusta 04330 4 1.0 $234,000 1,385 $169 08/23/2024
115 Bridge Street Augusta 04330 3 2.0 $245,000 1,534 $160 08/13/2024

Map of 7-11 Lorette Lane, Augusta, ME

Location Map Street View
Photo of Jamie Blair, Licensed REALTOR® in NH & MA
Direct: 781-771-1980
Office
PO Box 101
Merrimack, NH 03054
603-787-3155
Listed by Brookewood Realty, Eric Swails 207-620-8212
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7-11 Lorette Lane (MLS #1594058) is a cape single family home located in Augusta, ME. This single family home is 1,581 sqft and on a lot of 54,014 sqft (or 1.24 acres) with 4 bedrooms, 2 baths and is 124 years old. This property was listed on 08/29/2024 and has been priced for sale at $299,000.

The 4 bedroom single family home at 77 Bridge Street in Augusta is nearby and sold for $220,000 on 12/05/2023. Another nearby 3 bedroom single family home, 21 Spring Street in Augusta sold for $229,000 on 07/03/2024.

Nearby zip codes are 04344, 04346, 04347, 04351 and 04989. 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: Brookewood 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.