Augusta, ME 04330 4 Commonwealth Drive
$1,400,000
Pending
9 more
Presented By: Sell Your Home Services; 888-219-3009
Home Details
Built in 2008, this majestic and expansive eight-unit complex is located in a prime location and comes with
all of the perks- elevator, intercom, security locks, 8 ft. wide ceramic tile hallways and stairways, separate
utilities, indoor mailboxes, security lighting, sprinkler system and an ample, paved parking area. All utilities
are in one location with outdoor access. Plus, this property includes a previously approved twelve-unit
expansion. Land area is 3.872 acres.
Each unit has two bedrooms, one bath, W/D connections, a fully applianced kitchen with an expansive
living area, including a dining area, and plenty of storage. All units are heated with Rinnai propane heaters.
Flooring is vinyl and carpeting. Units average about 1300sf. Building history- The building was built in 2008
by a local builder and was approved as a condominium project, including an additional 12-unit building
located at the rear of the property. Per current seller, the builder rented the units, due to a bad selling market, and did not
construct the extra 12-unit building. Current seller purchased the building in 2019 and continued to rent the units.
Presented By: Sell Your Home Services; 888-219-3009
Interior Features for 4 Commonwealth Drive
Bathrooms
Half Baths0
Total Baths8
Other Interior Features
Above Grade Finished Area13429.0
Air Conditioning Y/NNo
BasementNot Applicable
Basement (Y/N)No
Below Grade Finished Area0.0
FlooringVinyl, Tile, Carpet
Heating Y/NYes
Laundry FeaturesWasher Hookup
General for 4 Commonwealth Drive
Additional Parcels Y/NNo
Architectural StyleMulti-Level
Attached Garage No
Carport Y/NNo
CityAugusta
Construction MaterialsVinyl Siding, Wood Frame
CoolingNone
CountyKennebec
ElectricOther Electric, Circuit Breakers
Electric On Property Y/NNo
Full Baths8
Garage Y/NNo
Gross Income121500.0
HOANo
HeatingRadiant, Direct Vent Heater, Direct Vent Furnace, Baseboard
Home Warranty Y/NNo
Interior FeaturesElevator Passenger
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Lot Size Square Feet168577.2
Lot Size UnitsAcres
MobileHomeRemainsYNNo
New ConstructionNo
NumberOfUnitsTotal8
Operating Expense32000.0
Property TypeMulti-Family
Rent Control Y/NNo
RoofPitched, Shingle
Senior Community Y/NNo
SewerPublic Sewer
Standard StatusPending
StatusPending
Tax Annual Amount15216.0
Tax Lot0
Tax Year2023
Waterfront Y/NNo
Year Built2007
Zoning12954
Exterior for 4 Commonwealth Drive
Building Area Total13429.0
Crops Included Y/NNo
FencingFenced
Foundation DetailsConcrete Perimeter, Slab
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesRolling Slope, Sidewalks, Landscaped, Wooded, Near Town, Suburban
Lot Size Acres3.87
Lot Size Area3.87
Lot Size SourceSeller
Open Parking Y/NNo
Parking Features11 - 20 Spaces, Paved, Common, On Site
Road Frontage TypePrivate
SpaNo
Water SourcePublic
Additional Details
Price History
Shelley Kennagh
Senior Loan Officer