Value Add Duplex for Sale in the Heart of Augusta. Each unit has their living room and kitchen on the first floor and all bedrooms on the second floor. Unit #1 on the left is a month to month tenant. Unit #2 on the right, the lease expires in November 2025. Tenants pay heat and electric. Both units are below market rents.
Excellent location close to town center, bus lines and shopping districts.
Low property expenses make this cash flowing property a must see for investors or owner occupy!
Closed
$270,000
116 Bridge Street, Augusta, ME 04330
5beds
2,640sqft
Multi Family
Built in 1848
-- sqft lot
$284,800 Zestimate®
$102/sqft
$1,668 Estimated rent
Home value
$284,800
$216,000 - $373,000
$1,668/mo
Zestimate® history
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What's special
Zillow last checked: 8 hours ago
Listing updated: March 12, 2025 at 09:44am
Listed by:
Spectrum Real Estate
Bought with:
Your Home Sold Guaranteed Realty
Source: Maine Listings,MLS#: 1612994
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Heating
- Baseboard, Blowers
Cooling
- None
Features
- Flooring: Carpet, Wood
- Basement: Doghouse,Dirt Floor
- Number of fireplaces: 1
Interior area
- Total structure area: 2,640
- Total interior livable area: 2,640 sqft
- Finished area above ground: 2,640
- Finished area below ground: 0
Property
Parking
- Parking features: Common, Paved, 1 - 4 Spaces, Off Street
Features
- Stories: 2
Lot
- Size: 3,484 sqft
- Features: Near Town, Neighborhood, Open Lot
Details
- Parcel number: AUGUM00028B00105L00000
- Zoning: RB2
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Other
- Property subtype: Multi Family
Materials
- Wood Frame, Vinyl Siding
- Roof: Shingle
Condition
- Year built: 1848
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Utilities On
Community & neighborhood
Location
- Region: Augusta
Other
Other facts
- Listing terms: 1031 Exchange
Price history
| Date | Event | Price |
|---|---|---|
| 3/12/2025 | Pending sale | $279,000+3.3%$106/sqft |
Source:  Maine Listings #1612994 | ||
| 3/11/2025 | Sold | $270,000-3.2%$102/sqft |
Source: Maine Listings #1612994 | ||
| 1/28/2025 | Contingent | $279,000$106/sqft |
Source: Maine Listings #1612994 | ||
| 1/22/2025 | Listed for sale | $279,000-2.1%$106/sqft |
Source: Maine Listings #1612994 | ||
| 9/18/2023 | Listing removed | -- |
Source: Maine Listings #1553581 | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $2,699 +3.6% | $113,400 |
| 2023 | $2,604 +4.7% | $113,400 |
| 2022 | $2,486 +4.7% | $113,400 |
Find assessor info on the county website
Neighborhood: 04330
Nearby schools
GreatSchools rating
- 5/10Lincoln SchoolGrades: K-6Distance: 0.4 mi
- 3/10Cony Middle SchoolGrades: 7-8Distance: 1.8 mi
- 4/10Cony Middle and High SchoolGrades: 9-12Distance: 1.8 mi
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