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34 Oak Street

Augusta

$289,000

beds   ·   2 baths   ·   2,430 sqft   ·   0.07 acres   ·   taxes: $4,112   ·   MLS#: 1682897

Excellent investment opportunity at 34 Oak Street in Augusta! This updated in-town two-unit offers strong rental income and a solid opportunity for an investor looking for an established, income-producing property. The property has benefited from numerous improvements, including updates to the roof, windows, flooring, paint, bathrooms, and more. The property is heated efficiently with natural gas, helping keep overall operating costs manageable. Each unit also has their own washer & dryer, dedicated off-street parking, adding convenience for tenants. Both units are currently occupied on month-to-month rental agreements, with Unit 1 renting for $1,400 per month and Unit 2 for $1,300 per month, generating $32,400 in annual gross rental income. Tenants pay their own electric and hot water. With established rental income, efficient natural-gas heat, dedicated parking, updated major components, and a convenient Augusta location, this property offers an attractive opportunity for both seasoned and first-time multifamily investors. 34 Oak Street, Augusta and 167 Summer Street, Auburn may also be purchased together as a package, with favorable package pricing available. Inquire for details.

MORE DETAILS

Structure

  • Electric : Circuit Breakers
  • Year Built : 1900
  • Style : New Englander
  • Flooring : Laminate, Wood
  • Garage Spaces : 0.00
  • Roof : Shingle
  • Basement : Bulkhead, Interior Entry, Crawl Space, Full, Unfinished
  • Heating : Gas Natural, Direct Vent Heater, Forced Air
  • Cooling : None

Site

  • Water Body Type : Nearby
  • Water Source : Public
  • Sewer : Public Sewer
  • Zoning : BP
  • Road Surface Type : Paved
Listing provided by Maine Source Realty

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.
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© Camden Real Estate Company
43 Elm Street
Camden, Maine 04843
207.236.6171
info@camdenre.com
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43 Elm Street Camden, Maine 04843
207.236.6171     info@camdenre.com
   
© Camden Real Estate Company
privacy policy