12-16 N North Chestnut Street, Augusta, ME 04330

$1,150,000

Virtual Tour

https://www.propertypanorama.com/instaview/mreis/1534385

Property Type: Multi-Family Baths: 11 Square Footage: 10,228 Lot Size (sq. ft.): 28,750 Status: Closed

Current Price: $1,150,000 List Date: 6/28/2022 Last Modified: 1/12/2025

Overview

Description

Hassle Free Housing is a long term rental business with 9 fully furnished, convenient and affordable apartments for rent as well as 2 storage outbuildings and a 2-story garage. Located in a friendly, quiet neighborhood close to shopping and the state capitol. Each unit comes with its own off street parking space inside a shared community area. Typical length of leases are 3 months.

Listing Details MLS# 1534385

Location Information

Street #: 12-16
Pre Direction: N
Street Name: North Chestnut
Street Type: Street
County: Kennebec
Town: Augusta
State/Province: ME
Zip Code: 04330
Leased Land: No
Book: 11784
Page: 0065
Map: 28
Lot: 0000
Zoning: RB2
Zoning Overlay: Unknown
Association: No
Full Tax Amount $: 10141
Tax Year: 2021

Contract Information

Original List Price: 1350000

Property Information

Surveyed: Yes
Seasonal: No
Owner Occupied: Yes
Deed/Conveyance Type Offered: Quit Claim w/Covenant
Deed: All
Deed Restrictions: Unknown
2 Detached Houses on 1 Lot: No
Number of Units: 9
Total Baths: 11
Total Full Baths: 9
Total Half Baths: 2
Year Built: 2004
SqFt Finished Above Grade: 10228
SqFt Finished Total: 10228
SqFt Source: Public Records
Furniture: Furnished
Garage: Yes
Garage Spaces: Yes
Lot Size Acres +/-: 0.66
Source of Acreage: Public Records
SqFt Finished Below Grade: 0

Status Change Info

Pending Date: 2022-07-15
Closed Date: 2022-08-23
Closed Price: 1150000

Water Info

Water Frontage: No
Water View: No

Building Info

# Stories: 2
# Floors: 3
# Heating Units: 4

More Information

Units

# of 1 BD Units: 3
# of 2 BD Units: 6

Unit 1

Lease: Yes
Level: First
Security Deposit: Yes
Monthly Rent: 1725
# Full Baths: Yes
# of Half Baths: Yes
# of Rooms: 4
# of Bedrooms: 2
Dedicated Electric Meter: Yes
Dedicated Gas Meter: No
Dedicated Water Heater: No
Electric: Yes
Heat: Yes
Range: Yes
Refrigerator: Yes
Sewer: Yes
Water: Yes

Unit 2

Lease: Yes
Level: First
Security Deposit: Yes
Monthly Rent: 1600
# Full Baths: Yes
# Half Baths: Yes
# of Rooms: 4
# of Bedrooms: 2
Dedicated Electric Meter: Yes
Dedicated Gas Meter: No
Dedicated Water Heater: No
Electric: Yes
Heat: Yes
Range: Yes
Refrigerator: Yes
Sewer: Yes
Water: Yes

Unit 3

Lease: Yes
Level: First
Security Deposit: Yes
Monthly Rent: 1600
# Full Baths: Yes
# of Rooms: 3
# of Bedrooms: 2
Dedicated Electric Meter: Yes
Dedicated Gas Meter: No
Dedicated Water Heater: No
Electric: Yes
Heat: Yes
Range: Yes
Refrigerator: Yes
Sewer: Yes
Water: Yes

Unit 4

Lease: Yes
Level: Second
Security Deposit: Yes
Monthly Rent: 1575
# Full Baths: Yes
# of Rooms: 4
# of Bedrooms: 2
Dedicated Electric Meter: Yes
Dedicated Gas Meter: No
Dedicated Water Heater: No
Electric: Yes
Heat: Yes
Range: Yes
Refrigerator: Yes
Water: Yes
Sewer: Yes

Unit 5

Lease: Yes
Level: Basement
Security Deposit: Yes
Monthly Rent: 1450
# Full Baths: Yes
# of Rooms: 4
# of Bedrooms: Yes
Dedicated Electric Meter: Yes
Dedicated Gas Meter: No
Dedicated Water Heater: No
Electric: Yes
Heat: Yes
Range: Yes
Refrigerator: Yes
Sewer: Yes
Water: Yes

Unit 6

Lease: Yes
Level: First
Security Deposit: Yes
Monthly Rent: 1575
# Full Baths: Yes
# of Rooms: 5
# of Bedrooms: 2
Dedicated Electric Meter: Yes
Dedicated Gas Meter: No
Dedicated Water Heater: No
Electric: Yes
Heat: Yes
Range: Yes
Refrigerator: Yes
Sewer: Yes
Water: Yes

Unit 7

Lease: Yes
Level: First
Security Deposit: Yes
Monthly Rent: 1350
# Full Baths: Yes
# of Rooms: 4
# of Bedrooms: Yes
Dedicated Electric Meter: Yes
Dedicated Gas Meter: No
Dedicated Water Heater: No
Electric: Yes
Heat: Yes
Range: Yes
Refrigerator: Yes
Sewer: Yes
Water: Yes

Unit 8

Lease: Yes
Level: Third
Security Deposit: Yes
Monthly Rent: 1350
# Full Baths: Yes
# of Rooms: 6
# of Bedrooms: 2
Dedicated Electric Meter: Yes
Dedicated Gas Meter: No
Dedicated Water Heater: No
Electric: Yes
Heat: Yes
Range: Yes
Refrigerator: Yes
Sewer: Yes
Water: Yes

Unit 9

Lease: Yes
Level: Third
Security Deposit: Yes
Monthly Rent: 1050
# Full Baths: Yes
# of Rooms: 4
# of Bedrooms: Yes
Dedicated Electric Meter: Yes
Dedicated Gas Meter: No
Dedicated Water Heater: No
Electric: Yes
Heat: Yes
Range: Yes
Refrigerator: Yes
Sewer: Yes
Water: Yes

Utilities

Pole: no

Site

Open: Yes
Other Site: Yes
Well Landscaped: Yes

Location

Near Town: Yes
Neighborhood: Yes
Suburban: Yes

Roads

Paved: Yes
Public: Yes

Style

Colonial: Yes
Other: Yes

Construction

Wood Frame: Yes

Other Structures

Outbuilding: Yes
Shed(s): Yes

Structure Type

Duplex: Yes
Townhouse: Yes

Basement

Full: Yes
Slab: Yes
Sump Pump: Yes

View

Scenic: Yes

Foundation Materials

Granite: Yes
Poured Concrete: Yes
Slab: Yes

Exterior

Vinyl Siding: Yes
Wood Siding: Yes

Roof

Shingle: Yes

Heat System

Baseboard: Yes
Radiant: Yes
Radiator: Yes

Heat Fuel

Oil: Yes

Income & Expenses

Gross Income: 159300
Operating Expenses: 36618

Cooling

Wall/Window Unit(s): Yes

Floors

Carpet: Yes
Tile: Yes
Vinyl: Yes
Wood: Yes

Parking

11 - 20 Spaces: Yes
Off Street: Yes
On Site: Yes

Electric

Circuit Breakers: Yes

Gas

No Gas: Yes

Sewer

Public Sewer: Yes

Water

Public: Yes

Driveway

Common: Yes
Paved: Yes

Basement Entry

Interior: Yes

Water Heater

Off Heating System: Yes

Amenities

1st Floor Bedroom: Yes
Bathtub: Yes
Laundry - 1st Floor: Yes
Laundry - Hookup: Yes
One-Floor Living: Yes
Other Amenities: Yes
Shower: Yes
Storage: Yes
Walk-in Closets: Yes

Equipment

Internet Access Available: Yes

Vehicle Storage

1 Car: Yes
Detached: Yes

Property Features

Site: Open; Other Site; Well Landscaped Location: Near Town; Neighborhood; Suburban Roads: Paved; Public View: Scenic Style: Colonial; Other Structure Type: Duplex; Townhouse Construction: Wood Frame Other Structures: Outbuilding; Shed(s) Basement: Full; Slab; Sump Pump Basement Entry: Interior Foundation Materials: Granite; Poured Concrete; Slab Exterior: Vinyl Siding; Wood Siding Roof: Shingle Heat System: Baseboard; Radiant; Radiator Heat Fuel: Oil Water Heater: Off Heating System Cooling: Wall/Window Unit(s) Floors: Carpet; Tile; Vinyl; Wood Amenities: 1st Floor Bedroom; Bathtub; Laundry - 1st Floor; Laundry - Hookup; One-Floor Living; Other Amenities; Shower; Storage; Walk-in Closets Equipment: Internet Access Available Driveway: Common; Paved Parking: 11 - 20 Spaces; Off Street; On Site Vehicle Storage: 1 Car; Detached Electric: Circuit Breakers Gas: No Gas Sewer: Public Sewer Water: Public

Documents

Property Disclosure 12 ›

Property Disclosure 14 ›

Property Disclosure 16 ›

Lead Paint Addendum Public Access ›

Listing Office: Malone Commercial Brokers, Inc.

IDX

Last Updated: January - 12 - 2025

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