* * PRICE REDUCED!! Here is an investment opportunity you don't want to miss!! All 3 units are renovated and move-in ready, all currently occupied. Lower level is a 1 bedroom, First floor has 2 bedrooms, & top floor has 2 smaller bedrooms. Nice units that produce great income. New Natural gas furnace in 2013, which is extremely efficient! On-site coin op laundry, Large 3 story barn with a BRAND NEW ROOF & great storage. 2 driveways with parking for all units. Call today before this property passes you by!
Multi-familyProperty Type
1850Year Built
10,018 sq ftLot Size
$127Est. Price/Sq.Ft.
1 spaceParking
Listed by Matthew Sivret• Strategic Real Estate Services
Listed by Aimee Sivret• Strategic Real Estate Services
Bought with Matthew Sivret• Strategic Real Estate Services
*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
3
Stories
2
Lot width
—
Lot depth
—
Lot size
10,019 Sq. Ft.
Year renovated
—
Sq. Ft.
1,788
Year built
1850
Style
Multi-Family (2-4 Unit)
County
Kennebec County
APN
699384
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 27, 2026.
Dec 5, 2025 • Active
Demolition
Demolition
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: 1 - 4 Spaces, Paved, Off Street
Interior
Bathroom Information
# of Baths (Full): 3
Basement Information
Basement Entry: Interior, Finished, Full
Interior Features
Flooring: Vinyl, Laminate, Carpet
Multi-Unit Information
# of Units Total: 3
# of 1 Bedroom Units: 1
# of 2 Bedroom Units: 2
Operating Expense: $11,675.80
Gross Income: $26,916
Unit 1 Information
# of Bedrooms: 1
Actual Rent: $668
Dedicated Gas Meter: No
Dedicated Water Heater: No
Electric: No
Has Heat: Yes
Level: Basement
Refrigerator: Yes
Sewer: Yes
Water: Yes
Unit 2 Information
# of Bedrooms: 2
Actual Rent: $850
Dedicated Gas Meter: No
Dedicated Water Heater: No
Electric: No
Has Heat: Yes
Level: First
Refrigerator: Yes
Sewer: Yes
Water: Yes
Unit 3 Information
# of Bedrooms: 2
Actual Rent: $725
Dedicated Gas Meter: No
Dedicated Water Heater: No
Electric: No
Has Heat: Yes
Level: Second
Refrigerator: Yes
Sewer: Yes
Water: Yes
Exterior
Building Information
Construction Materials: Vinyl Siding, Wood Frame
Foundation Details: Concrete Perimeter
Roof: Shingle
Total Stories: 3
Total Building Area (Sq. Ft.): 2,358
Exterior Features
Other Structures: Barn(s)
Property Information
Year Built: 1850
Above-Grade Finished Area (Sq. Ft.): 1,788
Below-Grade Finished Area (Sq. Ft.): 570
Levels: Multi-Level
Lot Information
Lot Size (Sq. Ft.): $10,018.80
Lot Size (Acres): 0.23
Lot Size Source: Public Records
Lot Features: Rolling/Sloping, Sidewalks, Intown, Near Shopping, Near Turnpike/Interstate, Near Town
Road Surface Type: Paved
Zoning: Residential
Financial
Tax Information
Annual Tax Amount: $2,038
Tax Year: 2019
Utilities
Utility Information
Has Heating
Heating: Zoned, 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: 48 State Street, Augusta, ME 04330
Public facts
Beds: 4
Baths: 3.0
Sq. Ft.: 1,788
Stories: 2.0
Lot Size: 10,019 square feet
Style: Multi-Family (2-4 Unit)
Year Built: 1850
Year Renovated: —
County: Kennebec County
APN: 699384
Home facts updated by county records on Jul 27, 2026
Around this home
Schools
Lincoln School
Public K-6 • Assigned • 0.6mi
5/10
Cony Middle School
Public 7-8 • Assigned • 1.5mi
3/10
Cony High School
Public 9-12 • Assigned • 1.5mi
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
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
81
61
81
55
73
51
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
$285,000 – $345,000
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