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.
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Permits
Beds
4
Baths
2
Stories
2
Lot width
—
Lot depth
—
Lot size
4,356 Sq. Ft.
Year renovated
—
Sq. Ft.
1,932
Year built
1890
Style
Multi-Family (2-4 Unit)
County
Kennebec County
APN
700137
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 27, 2026.
Mar 20, 2025 • Active
Additions/alterations
Bathroom
Kitchen
Remodel
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Property details
Parking
Parking Information
Parking Features: 5 - 10 Spaces, Gravel, Off Street
Interior
Bathroom Information
# of Baths (Full): 2
Basement Information
Basement Entry: Walk-Out Access, Full, Unfinished
Interior Features
Interior Features: Bathtub
Flooring: Wood, Tile
Laundry Information
Laundry Features: Upper Level, Coin Laundry
Multi-Unit Information
# of Units Total: 2
# of 2 Bedroom Units: 1
# of 3 Bedroom Units: 1
Operating Expense: $8,220
Gross Income: $45,600
Unit 1 Information
# of Bedrooms: 3
Actual Rent: $2,000
Dedicated Gas Meter: No
Dedicated Water Heater: Yes
Electric: No
Has Heat: Yes
Level: First
Refrigerator: No
Sewer: No
Water: No
Unit 2 Information
# of Bedrooms: 2
Actual Rent: $1,800
Dedicated Gas Meter: No
Dedicated Water Heater: Yes
Electric: No
Has Heat: Yes
Level: Second
Refrigerator: No
Sewer: No
Water: No
Exterior
Building Information
Construction Materials: Vinyl Siding, Wood Frame
Roof: Shingle
Total Building Area (Sq. Ft.): 1,932
Property Information
Year Built: 1890
Above-Grade Finished Area (Sq. Ft.): 1,932
Lot Information
Lot Size (Sq. Ft.): $4,356
Lot Size (Acres): 0.1
Lot Size Source: Public Records
Lot Features: Sidewalks, Near Shopping, Near Town
Road Surface Type: Paved
Zoning: BusinessProfessional
Financial
Tax Information
Annual Tax Amount: $2,418
Tax Year: 2023
Utilities
Utility Information
Has Heating
Heating: Forced Air, Baseboard
Electric: Circuit Breakers
Sewer: Public Sewer
Utilities: Utilities On
Utilities On: Yes
Water Source: Public
Water Heater: Off Heating System
Location
Location Information
Unparsed Address: 4 Spruce Street, Augusta, ME 04330
Public facts
Beds: 4
Baths: 2.0
Sq. Ft.: 1,932
Stories: 2.0
Lot Size: 4,356 square feet
Style: Multi-Family (2-4 Unit)
Year Built: 1890
Year Renovated: —
County: Kennebec County
APN: 700137
Home facts updated by county records on Jul 27, 2026
Around this home
Schools
Farrington School
Public K-6 • Assigned • 1.1mi
1/10
Cony Middle School
Public 7-8 • Assigned • 1.0mi
3/10
Cony High School
Public 9-12 • Assigned • 1.0mi
4/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
3/10 Heat Factor
7 days above 91° expected this year, 17 days in 30 years
4/10 Wind Factor
17% chance of strong winds in next 30 years
1/10 Air Factor
0 unhealthy days expected this year, 0 days in 30 years
Provided by First Street
Historical weather
Augusta, ME • 04330
Average low and high temperatures (°F)
28
11
32
11
43
25
54
35
65
46
77
55
82
60
81
55
73
50
61
41
48
31
33
16
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 7.9 hours in
June and 3.5 hours in December, placing it below the
U.S. average for solar exposure.
7.9 hrs
3.5 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$320,000 – $387,000
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