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382 Water Street

Augusta, ME 04330
  • $5,650,000
  • STATUS: Active
  • MLS #: 1572326
$5,650,000
  • 0
    BEDS
  • 0.11
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 5,878
    SQFT
Type:
Commercial
Built:
1900
County:
Area:

School Ratings & Info

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Description

PROPERTY BEING SOLD AS A PACKAGE WITH 14 OTHER BUILDINGS. PLEASE SIGN NDA FOR FULL OFFERING MEMORANDUM. Multifamily portfolio for sale in downtown Augusta, ME. Sale includes 15 apartment buildings with rentals that range from single room occupancies to up to 4-bedroom apartments. Excellent historical occupancy with below market rents. An on-site management team makes this a turnkey investment with excellent cashflow. All of the buildings in this offering are located on or close to Water Street, which is home to retail shops, breweries, and local eateries.

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Maine Real Estate Information Systems logo
Listing data is derived in whole or in part from the Maine IDX & is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.
© 2024 Maine Real Estate Information System, Inc. All Rights Reserved. Data last updated: 2024-03-04T23:50:00.4.
www.davidmarshallteam.com/homes/143497063
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382 Water Street Augusta, ME 04330

  • Price: $5,650,000
  • Status: Active
  • On Site: Days
  • MLS #: 1572326
0
Beds
0
Baths
0
½ Baths
0.11
Acres
5,878
SQFT
$961
$/SQFT
1900
Built
County:
Kennebec
Area:
Augusta
Property Description
PROPERTY BEING SOLD AS A PACKAGE WITH 14 OTHER BUILDINGS. PLEASE SIGN NDA FOR FULL OFFERING MEMORANDUM. Multifamily portfolio for sale in downtown Augusta, ME. Sale includes 15 apartment buildings with rentals that range from single room occupancies to up to 4-bedroom apartments. Excellent historical occupancy with below market rents. An on-site management team makes this a turnkey investment with excellent cashflow. All of the buildings in this offering are located on or close to Water Street, which is home to retail shops, breweries, and local eateries.
Exterior Features

Parking On Site Parking Features On Site

Property Features

Association YN No Land Lease YN No Property Sub Type Multi Family Tax Annual Amount 2725 Tax Year 2022 Zoning KBD1

Maine Real Estate Information Systems logo Listing provided courtesy of Colliers International: .

© 2024 Maine Real Estate Information System, Inc. All Rights Reserved.

Mortgage Calculator is provided by BoomTown.
Maine Real Estate Information Systems logo
Listing data is derived in whole or in part from the Maine IDX & is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.
© 2024 Maine Real Estate Information System, Inc. All Rights Reserved. Data last updated: 2024-03-04T23:50:00.4.
 
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The David Marshall Team | eXp Realty, LLC
533 Congress Street
Portland ME, 04101
Mortgage Calculator tool is provided by BoomTown.