202 Mount Vernon Ave - Multi-Family FOR SALE


Augusta, ME 04330
$599,900 USD
207-623-1123
202 Mount Vernon Ave, Augusta, ME for Sale
$599,900 USD
Multi-Family - FOR SALE
1/12
null | Request Cap Rate

202 Mount Vernon Ave
Augusta, ME 04330


HIGHLIGHTS

  • Intown location
  • City water and sewer
  • Close to downtown, the Marketplace and the Interstate.

OVERVIEW

Here is a unique property that consists of 2 buildings, 4 unit and 2 unit, along with 2 mobile homes, there is also a 3rd mobile home that is in need of repair. 8 units, with the possibility of a 9th - check with the city on this. All buildings are on one .47-acre lot, good rental history, decent parking, city water and sewer. The 4 unit: (204 Mt Vernon Ave) is in decent condition, 3 -2 bed and 1 -1 bed, BBHW heat, good flooring, kitchens, full baths, etc., nice mix of units, basement. The 2 unit: (202 Mt Vernon Ave) has 2 units, each on their own level, with 2 decent size bedrooms in each, laminate flooring, full baths, monitor heater (propane) in each unit, tenants could pay their own heat, crawl space. 5 Kayla Lane: (mobile home) 2 beds, FHA, kitchen, full bath, dining area. 6 Kayla Lane: (mobile home) 1 bed, FHA, kitchen,, bath, etc. 7 Kayla Lane: (mobile home) is in need of repair and not currently rented. Close to downtown, the Marketplace Mall, and the interstate.

FOR SALE DETAILS

PRICE

$599,900 USD

PRICE/SF

$102 USD /SF

# OF UNITS

9

PRICE/UNIT

$66,656

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1942

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

AUGU-000029-000018

ASK ABOUT THIS PROPERTY

James PepinSprague & Curtis Real EstateMore Info
207-623-1123

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James PepinSprague & Curtis Real EstateMore Info
207-623-1123

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.