34 Oak ST, Augusta, ME 04330
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34 Oak ST, Augusta, ME 04330
34 Oak ST, Augusta, ME 04330
34 Oak ST, Augusta, ME 04330
34 Oak ST, Augusta, ME 04330
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Listed by Brandon Caruso Maine Source Realty
$ 289,000
Est. payment /mo
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34 Oak ST Augusta, ME 04330

2 Baths

2,430 SqFt


UPDATED:

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,430 sqft

Price per Sqft $118

MLS Listing ID 1682897

Style Duplex

Full Baths 2

HOA Y/N No

Year Built 1900

Tax Year 2025

Lot Size 3,049 Sqft

Acres 0.07

Source Maine Listings

Land Area 2430

Property Description

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.

Location

State ME

County Kennebec

Zoning BP

Rooms

Basement Bulkhead, Interior Entry, Crawl Space, Full, Unfinished

Interior

Heating Gas Natural, Direct Vent Heater, Forced Air

Cooling None

Flooring Laminate, Wood

Equipment Internet Access Available

Fireplace No

Window Features Double Pane Windows

Exterior

Parking Features Gravel, 1 - 4 Spaces, Off Street

Waterfront Description Nearby

Roof Type Shingle

Porch Deck

Garage No

Building

Lot Description Intown, Near Shopping, Neighborhood, Level, Open Lot, Rolling Slope, Sidewalks, Near Public Transit

Story 2

Entry Level Multi-Level

Foundation Poured Concrete

Water Public

Architectural Style New Englander

Level or Stories 3

Others

Tax ID AUGU-000034-000123


Maine MLS (MREIS) IDX
Tom Landry

Tom Landry

Broker

+1(207) 775-0248

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34 Oak ST