6 Central Avenue, Bath, ME 04530

$2,200,000
Property Type: Multi-Family Baths: 20 Square Footage: 20,664 Lot Size (sq. ft.): 90,169 Status: Closed
Current Price: $2,200,000 List Date: 9/18/2020 Last Modified: 1/05/2025

Description

INVESTMENT OPPORTUNITY 24-Units in four buildings (six per building) Recently renovated, turnkey apartments 100% occupancy, these are much sought after apartments with a history of long-term tenants NOI: $179,004 SALE PRICE: $2,200,000

Supplements: ********

More Information MLS# 1469473

Location Information

Book: 2019R Leased Land: No Page: 01235 Map: 28 Lot: 222 Zoning Overlay: No Association: No Street #: 6 Street Name: Central Street Type: Avenue County: Sagadahoc Town: Bath State/Province: ME Zip Code: 04530 Zip +4: 1505 Zoning: R1 Full Tax Amount $: 5861 Tax Year: 2019 Geo Lat: 43.909966 Geo Lon: -69.831788

Property Information

Surveyed: Unknown Seasonal: No Number of Units: 24 Lot Size Acres +/-: 2.07 Total Baths: 20 Total Half Baths: 0 Road Frontage: Yes Road Frontage +/-: 647.69 Source of Road Frontage: Public Records SqFt Finished Above Grade: 20664 SqFt Finished Below Grade: 0 Garage: No Garage Spaces: 0 Total Full Baths: 20 Year Built: 1939 SqFt Finished Total: 20664 Source of Acreage: Public Records

Site

Level: 1 Open: 1 Other Site: 1

Location

Near Town: 1 Other Location: 1

Roads

Paved: 1 Public: 1

Water Info

Water Frontage: No Water View: No

Style

Other: 1

Construction

Masonry: 1

Basement

None: 1

Exterior

Other Exterior: 1

Roof

Other: 1 Pitched: 1

Heat System

Forced Air: 1 Hot Water: 1 Other Heat System: 1

Heat Fuel

Oil: 1 Propane: 1

Income & Expenses

Gross Income: 283941 Operating Expenses: 179004

Cooling

None: 1

Floors

Other: 1 Tile: 1 Wood: 1

Units

# of 2 BD Units: 16 # of 3 BD Units: 8

Unit 1

Lease: Yes Level: First Security Deposit: Yes Monthly Rent: 850 # Full Baths: 1 # of Rooms: 5 # of Bedrooms: 2 Dedicated Electric Meter: Yes Dedicated Gas Meter: Yes Dedicated Water Heater: Yes Electric: No Heat: Yes Range: Yes Refrigerator: Yes Sewer: Yes Water: Yes

Electric

Unknown: 1

Unit 2

Lease: Yes Level: First Security Deposit: Yes Monthly Rent: 1195 # Full Baths: 1 # of Rooms: 6 # of Bedrooms: 3 Dedicated Electric Meter: Yes Dedicated Gas Meter: Yes Dedicated Water Heater: Yes Electric: No Heat: Yes Range: Yes Refrigerator: Yes Sewer: Yes Water: Yes

Utilities

Utilities On: Yes

Unit 3

Lease: Yes Level: First Security Deposit: Yes Monthly Rent: 950 # Full Baths: 1 # of Rooms: 6 # of Bedrooms: 3 Dedicated Electric Meter: Yes Dedicated Gas Meter: Yes Dedicated Water Heater: Yes Electric: No Heat: Yes Range: Yes Refrigerator: Yes Sewer: Yes Water: Yes

Gas

Other Gas: 1

Unit 4

Lease: Yes Level: First Security Deposit: Yes Monthly Rent: 1195 # Full Baths: 1 # of Rooms: 6 # of Bedrooms: 3 Dedicated Electric Meter: Yes Dedicated Gas Meter: Yes Dedicated Water Heater: Yes Electric: No Heat: Yes Range: Yes Refrigerator: Yes Sewer: Yes Water: Yes

Sewer

Public Sewer: 1

Unit 5

Lease: Yes Level: First Security Deposit: Yes Monthly Rent: 1195 # Full Baths: 1 # of Rooms: 6 # of Bedrooms: 3 Dedicated Electric Meter: Yes Dedicated Gas Meter: Yes Dedicated Water Heater: Yes Electric: No Heat: Yes Range: Yes Refrigerator: Yes Sewer: Yes Water: Yes

Water

Public: 1

Unit 6

Lease: Yes Level: First Security Deposit: Yes Monthly Rent: 800 # Full Baths: 1 # of Rooms: 5 # of Bedrooms: 2 Dedicated Electric Meter: Yes Dedicated Gas Meter: Yes Dedicated Water Heater: Yes Electric: No Heat: Yes Range: Yes Refrigerator: Yes Sewer: Yes Water: Yes

Unit 7

Lease: Yes Level: First Security Deposit: Yes Monthly Rent: 800 # Full Baths: 1 # of Rooms: 5 # of Bedrooms: 2 Dedicated Electric Meter: Yes Dedicated Gas Meter: Yes Dedicated Water Heater: Yes Electric: No Heat: Yes Range: Yes Refrigerator: Yes Sewer: Yes Water: Yes

Unit 8

Lease: Yes Level: First Security Deposit: Yes Monthly Rent: 1195 # Full Baths: 1 # of Rooms: 6 # of Bedrooms: 3 Dedicated Electric Meter: Yes Dedicated Gas Meter: Yes Dedicated Water Heater: Yes Electric: No Heat: Yes Range: Yes Refrigerator: Yes Sewer: Yes Water: Yes

Unit 9

Lease: Yes Level: First Security Deposit: Yes Monthly Rent: 1050 # Full Baths: 1 # of Rooms: 6 # of Bedrooms: 3 Dedicated Electric Meter: Yes Dedicated Gas Meter: Yes Dedicated Water Heater: Yes Electric: No Heat: Yes Range: Yes Refrigerator: Yes Sewer: Yes Water: Yes

Unit 10

Lease: Yes Level: First Security Deposit: Yes Monthly Rent: 1195 # Full Baths: 1 # of Rooms: 6 # of Bedrooms: 3 Dedicated Electric Meter: Yes Dedicated Gas Meter: Yes Dedicated Water Heater: Yes Electric: No Heat: Yes Range: Yes Refrigerator: Yes Sewer: Yes Water: Yes

Unit 11

Lease: Yes Level: First Security Deposit: Yes Monthly Rent: 1000 # Full Baths: 1 # of Rooms: 6 # of Bedrooms: 3 Dedicated Electric Meter: Yes Dedicated Gas Meter: Yes Dedicated Water Heater: Yes Electric: No Heat: Yes Range: Yes Refrigerator: Yes Sewer: Yes Water: Yes

Unit 12

Lease: Yes Level: First Security Deposit: Yes Monthly Rent: 1050 # Full Baths: 1 # of Rooms: 5 # of Bedrooms: 2 Dedicated Electric Meter: Yes Dedicated Gas Meter: Yes Dedicated Water Heater: Yes Electric: No Heat: Yes Range: Yes Refrigerator: Yes Sewer: Yes Water: Yes

Unit 13

Lease: Yes Level: First Security Deposit: Yes Monthly Rent: 875 # Full Baths: 1 # of Rooms: 5 # of Bedrooms: 2 Dedicated Electric Meter: Yes Dedicated Gas Meter: Yes Dedicated Water Heater: Yes Electric: No Heat: Yes Range: Yes Refrigerator: Yes Sewer: Yes Water: Yes

Unit 14

Lease: Yes Level: First Security Deposit: Yes Monthly Rent: 850 # Full Baths: 1 # of Rooms: 5 # of Bedrooms: 2 Dedicated Electric Meter: Yes Dedicated Gas Meter: Yes Dedicated Water Heater: Yes Electric: No Heat: Yes Range: Yes Refrigerator: Yes Sewer: Yes Water: Yes

Unit 15

Lease: Yes Level: First Security Deposit: Yes Monthly Rent: 975 # Full Baths: 1 # of Rooms: 5 # of Bedrooms: 2 Dedicated Electric Meter: Yes Dedicated Gas Meter: Yes Dedicated Water Heater: Yes Electric: No Heat: Yes Range: Yes Refrigerator: Yes Sewer: Yes Water: Yes

Unit 16

Lease: Yes Level: First Security Deposit: Yes Monthly Rent: 875 # Full Baths: 1 # of Rooms: 5 # of Bedrooms: 2 Dedicated Electric Meter: Yes Dedicated Gas Meter: Yes Dedicated Water Heater: Yes Electric: No Heat: Yes Range: Yes Refrigerator: Yes Sewer: Yes Water: Yes

Unit 17

Lease: Yes Level: First Security Deposit: Yes Monthly Rent: 1050 # Full Baths: 1 # of Rooms: 5 # of Bedrooms: 2 Dedicated Electric Meter: Yes Dedicated Gas Meter: Yes Dedicated Water Heater: Yes Electric: No Heat: Yes Range: Yes Refrigerator: Yes Sewer: Yes Water: Yes

Unit 18

Lease: Yes Level: First Security Deposit: Yes Monthly Rent: 1050 # Full Baths: 1 # of Rooms: 5 # of Bedrooms: 2 Dedicated Electric Meter: Yes Dedicated Gas Meter: Yes Dedicated Water Heater: Yes Electric: No Heat: Yes Range: Yes Refrigerator: Yes Sewer: Yes Water: Yes

Driveway

Common: 1 No Driveway: 1

Unit 19

Lease: Yes Level: First Security Deposit: Yes Monthly Rent: 925 # Full Baths: 1 # of Rooms: 5 # of Bedrooms: 2 Dedicated Electric Meter: Yes Dedicated Gas Meter: Yes Dedicated Water Heater: Yes Electric: No Heat: Yes Range: Yes Refrigerator: Yes Sewer: Yes Water: Yes

Unit 20

Lease: Yes Level: First Security Deposit: Yes Monthly Rent: 1050 # Full Baths: 1 # of Rooms: 5 # of Bedrooms: 2 Dedicated Electric Meter: Yes Dedicated Gas Meter: Yes Dedicated Water Heater: Yes Electric: No Heat: Yes Range: Yes Refrigerator: Yes Sewer: Yes Water: Yes

Basement Entry

Not Applicable: 1

Water Heater

Other Water Heater: 1

Vehicle Storage

No Vehicle Storage: 1 Other Vehicle Storage: 1

Contract Information

Status: Closed Original List Price: 2200000 Sold Price: $2,200,000 Current Price: $2,200,000

Status Change Info

Pending Date: 2020-09-21 Closed Date: 2021-01-28 Closed Price: 2200000

Property Features

Site: Level; Open; Other Site Location: Near Town; Other Location Roads: Paved; Public Style: Other Construction: Masonry Basement: None Basement Entry: Not Applicable Exterior: Other Exterior Roof: Other; Pitched Heat System: Forced Air; Hot Water; Other Heat System Heat Fuel: Oil; Propane Water Heater: Other Water Heater Cooling: None Floors: Other; Tile; Wood Driveway: Common; No Driveway Vehicle Storage: No Vehicle Storage; Other Vehicle Storage Electric: Unknown Gas: Other Gas Sewer: Public Sewer Water: Public

Documents

Listing Office: Malone Commercial Brokers, Inc.
IDX
Last Updated: January - 05 - 2025
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