Augusta, ME 04330 4 Spruce Street
$350,000
32 more
Presented By: Keller Williams Realty;
Home Details
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.
Presented By: Keller Williams Realty;
Interior Features for 4 Spruce Street
Bathrooms
Half Baths0
Total Baths2
Other Interior Features
Above Grade Finished Area1932.0
Air Conditioning Y/NNo
BasementWalk-Out Access, Full, Unfinished
Basement (Y/N)No
Below Grade Finished Area0.0
FlooringWood, Tile
Heating Y/NYes
Laundry FeaturesUpper Level, Laundry - Coin
General for 4 Spruce Street
Additional Parcels Y/NNo
Architectural StyleNew Englander
Attached Garage No
Carport Y/NNo
CityAugusta
Construction MaterialsVinyl Siding, Wood Frame
CoolingNone
CountyKennebec
ElectricCircuit Breakers
Electric On Property Y/NNo
Full Baths2
Garage Y/NNo
Gross Income45600.0
HOANo
HeatingForced Air, Baseboard
Home Warranty Y/NNo
Interior FeaturesBathtub
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Lot Size Square Feet4356.0
Lot Size UnitsAcres
MobileHomeRemainsYNNo
New ConstructionNo
NumberOfUnitsTotal2
Operating Expense8220.0
Property TypeMulti-Family
Property_sp_Information_co_Owner_sp_OccupiedNo
Rent Control Y/NNo
RoofShingle
Senior Community Y/NNo
SewerPublic Sewer
Standard StatusActive
StatusActive
Tax Annual Amount2418.0
Tax Lot153
Tax Year2023
UtilitiesUtilities On
Waterfront Y/NNo
Year Built1890
ZoningBusinessProfessional
Exterior for 4 Spruce Street
Building Area Total1932.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesSidewalks, Near Shopping, Near Town
Lot Size Acres0.1
Lot Size Area0.1
Lot Size SourcePublic Records
Open Parking Y/NNo
Parking Features5 - 10 Spaces, Gravel, Off Street
Road Surface TypePaved
SpaNo
Water SourcePublic
Additional Details
Price History
Linda Dupuis
Broker