4 Spruce Street
Augusta, ME 04330
$350,000
Price
5
Beds
2
Baths
1,932 Sq. Ft.
$181 / Sq. Ft.
1,932
Sq. Ft.
$181
per Sq. Ft.
Description
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...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.
- Listed by Kayla Hatheway • Keller Williams Realty
Property Details for 4 Spruce Street
Waterfront
No
ArchitecturalStyleNew Englander
GarageNo
ZoningBusinessProfessional
LISTING UPDATED: 12/16/2024 02:33 AM
Property Details for 4 Spruce Street
| Status | Active |
|---|---|
| MLS # | 1610859 |
| Days on Market | 10 |
| Taxes | $2,418 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Multi-Family |
| Year Built | 1890 |
| Lot Size | 0.10 AC / 4,356 SF |
| County | Kennebec County |
Building Information for 4 Spruce Street
Stories-Residences2Year Built1890Building Size-Lot Size0.10 AC / 4,356 SF
Property Information for 4 Spruce Street
Summary
Location and General Information
- Road Surface Type: Paved
- Zip Code: 5214
- Town: Augusta
- State/Province: ME
- Zip Code: 04330
- County: Kennebec
- Geo Latitude: 44.314052
- Geo Longitude: -69.768614
- Tax Lot: 153
- Site:Sidewalks: Yes
- Location:Near Shopping: Yes
- Location:Near Town: Yes
Parking
- Parking Features: 5 - 10 Spaces, Gravel, Off Street
- Attached Garage: No
Taxes and HOA Information
- Tax Book Number: 13323
- Tax Map Number: 38
- Tax Year: 2023
- Parcel Number: AUGU-000038-000153
- Location Information:Association Y/N: No
- Tax Annual Amount: $2,418.00
Property
Heating and Cooling
- Water Heater:Off Heating System: Yes
Lot Information
- SqFt Finished Below Grade: 0.0
- SqFt Finished Above Grade: 1932.0
- Lot Size Acres: 0.1
- Source of Acreage: Public Records
- Building Area Total: 1932.0
- Lot Size Area: 0.1
- Lot Size Units: Acres
- Lot Size Square Feet: 4356.0
- Bathrooms Full: 2
- Bathrooms Half: 0
- Street Number: 4
- Property Information:Surveyed: No
- Property Information:Seasonal: No
- Property Information:Owner Occupied: No
- Property Information:Short Sale Continue to Show: No
- Property Information:Deed/Conveyance Type Offered: Warranty
- Property Information:Deed: All
- Property Information:Deed Restrictions: Unknown
- Property Information:Bank Owned REO: No
- Property Information:2 Detached Houses on 1 Lot: No
- Property Information:Total Half Baths: .00
Parking
- Driveway:Gravel: Yes
Property and Assessments
- Sign on Property: Yes
- Leased Land: No
- Property Type: Multi-Family
- Property Type Label: Multi-Family
- Year Built: 1890
Utilities
- Electric: Circuit Breakers
- Sewer: Public Sewer
- Water Source: Public
- Utilities:Utilities On: Yes
- Gas:No Gas: Yes
Interior and Exterior Features
Exterior Features
- Construction Materials: Vinyl Siding, Wood Frame
- Vehicle Storage:No Vehicle Storage: Yes
- Roof: Shingle
Interior Features
- Basement: Walk-Out Access, Full, Unfinished
- Flooring: Wood, Tile
- Interior Features: Bathtub
- Cooling: None
- Heating: Forced Air, Baseboard
- Laundry Features: Upper Level, Laundry - Coin
- Bathrooms Total (Integer): 2
- Bathrooms Total (Decimal): 2.00
- Bathrooms Total (Notational): 2.00
- Cooling YN: No
- Heating YN: Yes
Multi Family
Income & Expenses Information
- Gross Income: $45,600.00
- Operating Expenses: $8,220.00
Multi-Family Information
- Number of Units: 2
Unit 1
- Unit 1:Lease: No
- Unit 1:Level: First
- Unit 1:Security Deposit: No
- Unit 1:Monthly Rent: $2,000.00
- Unit 1:# Full Baths: 1.00
- Unit 1:# of Half Baths: .00
- Unit 1:# of Rooms: 6.00
- Unit 1:# of Bedrooms: 3.00
- Unit 1:Dedicated Electric Meter: Yes
- Unit 1:Dedicated Gas Meter: No
- Unit 1:Dedicated Water Heater: Yes
- Unit 1:Electric: No
- Unit 1:Heat: Yes
- Unit 1:Range: No
- Unit 1:Refrigerator: No
- Unit 1:Sewer: No
- Unit 1:Water: No
Unit 2
- Unit 2:Lease: No
- Unit 2:Level: Second
- Unit 2:Security Deposit: No
- Unit 2:Monthly Rent: $1,800.00
- Unit 2:# Full Baths: 1.00
- Unit 2:# Half Baths: .00
- Unit 2:# of Rooms: 4.00
- Unit 2:# of Bedrooms: 2.00
- Unit 2:Dedicated Electric Meter: Yes
- Unit 2:Dedicated Gas Meter: No
- Unit 2:Dedicated Water Heater: Yes
- Unit 2:Electric: No
- Unit 2:Heat: Yes
- Unit 2:Range: No
- Unit 2:Refrigerator: No
- Unit 2:Sewer: No
- Unit 2:Water: No
Unit Information
- Units:# of 1 BD Units: 0
- Units:# of 2 BD Units: 1
- Units:# of 3 BD Units: 1
- Units:# of 4+ BD Units: 0
Property History for 4 Spruce Street
| Date | Event & Source | Price | Appreciation |
|---|
| Date | Event & Source | Price |
|---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 4 Spruce Street
Taxable ValueLand$18,800Additions$86,500Total$105,300
Tax Record2023$2,418 ($202 / month)
Home Facts
Baths2Total Finished SqFt1,932 SqFtAbove Grade Finished SqFt1,932 SqFtStories2Lot Size4,320 SqFtStyleDuplexYear Built1890CountyKENNEBECAPNAUGU M:00038 B:00153 L:00000
Schools near 4 Spruce Street
This home is within Augusta Public Schools.
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | K to 6 | |||
| Public - | 7 to 8 | |||
| Public - | 9 to 12 | |||
| Public - | K to 6 |
Rating | School | Distance |
|---|---|---|
Lillian Parks Hussey School PublicK to 6 | ||
Cony Middle School Public7 to 8 | ||
Cony Public9 to 12 | ||
Lincoln School PublicK to 6 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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Listing Courtesy of Keller Williams Realty
Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. © 2022 Maine Real Estate Information System, Inc. All Rights Reserved.
