4 Commonwealth Drive, Augusta, ME 04330
$1,354,566.91
Property Type:
Multi-Family
Baths:
8
Square Footage:
13,429
Lot Size (sq. ft.):
168,577
Status:
Closed
Current Price:
$1,354,566.91
List Date:
10/17/2024
Last Modified:
1/09/2025
Description
Built in 2008, this majestic and expansive eight-unit complex is located in a prime location and comes with
all of the perks- elevator, intercom, security locks, 8 ft. wide ceramic tile hallways and stairways, separate
utilities, indoor mailboxes, security lighting, sprinkler system and an ample, paved parking area. All utilities
are in one location with outdoor access. Plus, this property includes a previously approved twelve-unit
expansion. Land area is 3.872 acres.
Each unit has two bedrooms, one bath, W/D connections, a fully applianced kitchen with an expansive
living area, including a dining area, and plenty of storage. All units are heated with Rinnai propane heaters.
Flooring is vinyl and carpeting. Units average about 1300sf. Building history- The building was built in 2008
by a local builder and was approved as a condominium project, including an additional 12-unit building
located at the rear of the property. Per current seller, the builder rented the units, due to a bad selling market, and did not
construct the extra 12-unit building. Current seller purchased the building in 2019 and continued to rent the units.
Supplements: ********
More Information MLS# 1607132
Location Information
Book: 12954
Leased Land: No
Page: 288
Map: 47
Lot: 0
Zoning Overlay: Unknown
Association: No
Street #: 4
Street Name: Commonwealth
Street Type: Drive
County: Kennebec
Town: Augusta
State/Province: ME
Zip Code: 04330
Zoning: 12954
Full Tax Amount $: 15216
Tax Year: 2023
Geo Lat: 44.326167
Geo Lon: -69.751835
Property Information
Surveyed: Yes
Seasonal: No
Number of Units: 8
Deed/Conveyance Type Offered: Warranty
Deed Restrictions: Unknown
Lot Size Acres +/-: 3.87
Total Baths: 8
Total Half Baths: 0
SqFt Finished Above Grade: 13429
SqFt Finished Below Grade: 0
SqFt Source: Seller
Garage: No
Garage Spaces: 0
Total Full Baths: 8
Year Built: 2007
SqFt Finished Total: 13429
Source of Acreage: Seller
Site
Rolling/Sloping: 1
Sidewalks: 1
Well Landscaped: 1
Wooded: 1
Location
Near Town: 1
Suburban: 1
Roads
Private Road: 1
Public: 1
Water Info
Water Frontage: No
Water View: No
Style
Other: 1
Construction
Wood Frame: 1
Levels
Multi-Level: 1
Basement
Slab: 1
Foundation Materials
Poured Concrete: 1
Slab: 1
Exterior
Vinyl Siding: 1
Roof
Pitched: 1
Shingle: 1
Heat System
Baseboard: 1
Direct Vent Furnace: 1
Direct Vent Heater: 1
Radiant: 1
Heat Fuel
Propane: 1
Income & Expenses
Gross Income: 121500
Operating Expenses: 32000
Cooling
None: 1
Floors
Carpet: 1
Tile: 1
Vinyl: 1
Units
# of 2 BD Units: 8
Parking
11 - 20 Spaces: 1
On Site: 1
Paved: 1
Unit 1
Lease: Yes
Level: First
Security Deposit: Yes
Monthly Rent: 1400
# Full Baths: 1
# of Rooms: 4
# of Bedrooms: 2
Dedicated Electric Meter: Yes
Dedicated Gas Meter: Yes
Dedicated Water Heater: Yes
Electric: No
Heat: No
Range: Yes
Refrigerator: Yes
Sewer: No
Water: No
Electric
Circuit Breakers: 1
Other Electric: 1
Unit 2
Lease: Yes
Level: First
Security Deposit: Yes
Monthly Rent: 1225
# Full Baths: 1
# of Rooms: 4
# of Bedrooms: 2
Dedicated Electric Meter: Yes
Dedicated Gas Meter: Yes
Dedicated Water Heater: Yes
Electric: No
Heat: No
Range: Yes
Refrigerator: Yes
Sewer: No
Water: No
Utilities
Utilities On: No
Unit 3
Lease: Yes
Level: First
Security Deposit: Yes
Monthly Rent: 1225
# Full Baths: 1
# of Rooms: 4
# of Bedrooms: 2
Dedicated Electric Meter: Yes
Dedicated Gas Meter: Yes
Dedicated Water Heater: Yes
Electric: No
Heat: No
Range: Yes
Refrigerator: Yes
Sewer: No
Water: No
Gas
Bottled: 1
Unit 4
Lease: Yes
Level: First
Security Deposit: Yes
Monthly Rent: 1225
# Full Baths: 1
# of Rooms: 4
# of Bedrooms: 2
Dedicated Electric Meter: Yes
Dedicated Gas Meter: Yes
Dedicated Water Heater: Yes
Electric: No
Heat: No
Range: Yes
Refrigerator: Yes
Sewer: No
Water: No
Sewer
Public Sewer: 1
Unit 5
Lease: Yes
Level: Second
Security Deposit: Yes
Monthly Rent: 1225
# Full Baths: 1
# of Rooms: 4
# of Bedrooms: 2
Dedicated Electric Meter: Yes
Dedicated Gas Meter: Yes
Dedicated Water Heater: Yes
Electric: No
Heat: No
Range: Yes
Refrigerator: Yes
Sewer: No
Water: No
Water
Public: 1
Unit 6
Lease: Yes
Level: Second
Security Deposit: Yes
Monthly Rent: 1300
# Full Baths: 1
# of Rooms: 4
# of Bedrooms: 2
Dedicated Electric Meter: Yes
Dedicated Gas Meter: Yes
Dedicated Water Heater: Yes
Electric: No
Heat: No
Range: Yes
Refrigerator: Yes
Sewer: No
Water: No
Unit 7
Lease: Yes
Level: Second
Security Deposit: Yes
Monthly Rent: 1300
# Full Baths: 1
# of Rooms: 4
# of Bedrooms: 2
Dedicated Electric Meter: Yes
Dedicated Gas Meter: Yes
Dedicated Water Heater: Yes
Electric: No
Heat: No
Range: Yes
Refrigerator: Yes
Sewer: No
Water: No
Unit 8
Lease: Yes
Level: Second
Security Deposit: Yes
Monthly Rent: 1225
# Full Baths: 1
# of Rooms: 4
# of Bedrooms: 2
Dedicated Electric Meter: Yes
Dedicated Gas Meter: Yes
Dedicated Water Heater: Yes
Electric: No
Heat: No
Range: Yes
Refrigerator: Yes
Sewer: No
Water: No
Driveway
Common: 1
Paved: 1
Basement Entry
Not Applicable: 1
Water Heater
Electric: 1
Amenities
Elevator Passenger: 1
Fence: 1
Laundry - Hookup: 1
Vehicle Storage
Other Vehicle Storage: 1
Contract Information
Status: Closed
Original List Price: 1400000
Sold Price: $1,354,566.91
Current Price: $1,354,566.91
Status Change Info
Pending Date: 2024-10-22
Closed Date: 2025-01-09
Closed Price: 1354566.91
Property Features
Site: Rolling/Sloping; Sidewalks; Well Landscaped; Wooded
Location: Near Town; Suburban
Roads: Private Road; Public
Style: Other
Levels: Multi-Level
Construction: Wood Frame
Basement: Slab
Basement Entry: Not Applicable
Foundation Materials: Poured Concrete; Slab
Exterior: Vinyl Siding
Roof: Pitched; Shingle
Heat System: Baseboard; Direct Vent Furnace; Direct Vent Heater; Radiant
Heat Fuel: Propane
Water Heater: Electric
Cooling: None
Floors: Carpet; Tile; Vinyl
Amenities: Elevator Passenger; Fence; Laundry - Hookup
Driveway: Common; Paved
Parking: 11 - 20 Spaces; On Site; Paved
Vehicle Storage: Other Vehicle Storage
Electric: Circuit Breakers; Other Electric
Gas: Bottled
Sewer: Public Sewer
Water: Public
Documents
Listing Office:
Sell Your Home Services
IDX
Last Updated: January - 09 - 2025
Broker Attribution:
888-219-3009
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