This 3-unit property needs some rehab work but offers strong upside for the right buyer. The structure has good bones, with solid framing, siding, new roof and a layout well-suited for renovation. Features: Three separate units with functional layouts. Original details ready to be restored. Full basement for mechanicals. Large yard space with potential for increasing the appeal to both tenants and owner occupied. Ideal for investors with a solid cash flow and good ROI. Good opportunity for a owner, contractors, or buyers looking to renovate and build equity.
Multi-familyProperty Type
1825Year Built
8,276 sq ftLot Size
$89Price/Sq.Ft.
2 car garageParking
Listed by Anthony Donovan• Spectrum Real Estate
Bought with Nicholas Trider• Fontaine Family-The Real Estate Leader
Large 3 unit near shopping. Large first floor 2BR unit, garage & nice yard. Upstairs 2 BR & 1 BR unit. Seperate heating, electrical & hot water in each. Parking on site. Updated roof, heat & electrical. Build equity here. Intown convenience.
MREIS #964635
Feb 27, 2010
Listed
$79,900
$26/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$3,650 (+2.5%)
$19,000 + $130,600
$149,600
2024
$3,560 (+3.6%)
$19,000 + $130,600
$149,600
2023
$3,435 (+4.8%)
$19,000 + $130,600
$149,600
2022
$3,279 (+4.7%)
$19,000 + $130,600
$149,600
2021
$3,133
$19,000 + $130,600
$149,600
2020
$3,133 (−0.1%)
$19,000 + $130,600
$149,600
2019
$3,137
$19,000 + $130,600
$149,600
2018
$3,137 (+2.9%)
$19,000 + $130,600
$149,600
2017
$3,049 (+3.0%)
$19,000 + $130,600
$149,600
2016
$2,961 (+2.0%)
$19,000 + $130,600
$149,600
2015
$2,902 (+3.9%)
$19,000 + $130,600
$149,600
2014
$2,793
$19,000 + $130,600
$149,600
Public record
Beds
5
Baths
3
Stories
2
Lot width
—
Lot depth
—
Lot size
8,276 Sq. Ft.
Year renovated
—
Sq. Ft.
3,080
Year built
1825
Style
Multi-Family (2-4 Unit)
County
Kennebec County
APN
699407
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 27, 2026.
Property details
Parking
Parking Information
Has Garage
# of Garage Spaces: 2
Parking Features: Gravel, Paved, 1 - 4 Spaces, On Site, Off Street, Detached
Vehicle Storage: 2 Car, Detached
Interior
Bathroom Information
# of Baths (Full): 3
Basement Information
Basement Entry: Bulkhead, Full, Unfinished
Interior Features
Flooring: Carpet, Vinyl, Wood
Multi-Unit Information
# of Units Total: 3
# of 1 Bedroom Units: 1
# of 2 Bedroom Units: 2
Operating Expense: $15,814
Gross Income: $44,520
Unit 1 Information
# of Bedrooms: 2
Actual Rent: $1,500
Dedicated Electric Meter: No
Dedicated Gas Meter: No
Dedicated Water Heater: No
Electric: Yes
Has Heat: Yes
Level: First
Refrigerator: Yes
Sewer: Yes
Water: Yes
Unit 2 Information
# of Bedrooms: 1
Dedicated Electric Meter: No
Dedicated Gas Meter: No
Dedicated Water Heater: No
Electric: Yes
Has Heat: Yes
Level: Second
Refrigerator: Yes
Sewer: Yes
Water: Yes
Unit 3 Information
# of Bedrooms: 2
Actual Rent: $1,900
Dedicated Electric Meter: No
Dedicated Gas Meter: No
Dedicated Water Heater: No
Electric: Yes
Has Heat: Yes
Level: Second
Refrigerator: Yes
Sewer: Yes
Water: Yes
Exterior
Building Information
Construction Materials: Wood Frame, Vinyl Siding
Foundation Details: Stone
Roof: Metal, Shingle
Total Building Area (Sq. Ft.): 3,080
Exterior Features
Patio & Porch Features: Porch
Property Information
Year Built: 1825
Above-Grade Finished Area (Sq. Ft.): 3,080
Levels: Multi-Level
Lot Information
Lot Size (Sq. Ft.): $8,276.40
Lot Size (Acres): 0.19
Lot Size Source: Public Records
Lot Features: Business District, Intown, Near Shopping, Near Turnpike/Interstate, Near Town, Neighborhood, Corner Lot, Level, Sidewalks
Road Surface Type: Paved
Zoning: RC
Financial
Tax Information
Annual Tax Amount: $3,650
Tax Year: 2025
Utilities
Utility Information
Has Heating
Heating: Direct Vent Heater
Electric: Circuit Breakers
Sewer: Public Sewer
Utilities: Utilities On
Utilities On: Yes
Water Source: Public
Water Heater: Electric
Location
Location Information
Unparsed Address: 41 State Street, Augusta, ME 04330
Directions: Take exit 109 from I-95. Continue on ME-100 N/ME-17 E/US-202 E/Western Ave. Drive to State St Corner of State and Crosby Lane
Public facts
Beds: 5
Baths: 3.0
Sq. Ft.: 3,080
Stories: 2.0
Lot Size: 8,276 square feet
Style: Multi-Family (2-4 Unit)
Year Built: 1825
Year Renovated: —
County: Kennebec County
APN: 699407
Home facts updated by county records on Jul 27, 2026
Around this home
Schools
Lincoln School
Public K-6 • Assigned • 0.7mi
5/10
Cony Middle School
Public 7-8 • Assigned • 1.4mi
3/10
Cony High School
Public 9-12 • Assigned • 1.4mi
4/10
Provided by GreatSchools
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
18% 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
90/ 100
Exceptional sunlight
Sunscore
This home receives average direct sun exposure in Augusta. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
9.1 hrs
5.5 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$353,000 – $427,000
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