101 Mount Vernon Avenue, Augusta, ME, 04330 | $269,000
This well-maintained duplex features two spacious 3-bedroom units, both occupied by long-term tenants and generating consistent rental income from day one.
Perched on an elevated lot, the property offers a sense of privacy and elevated curb appeal, all while being just minutes from downtown Augusta. With close proximity to the State House, local hospitals, schools, and I-95, the location offers unbeatable convenience and accessibility for tenants.
With recent renovations and below market rents, this property presents a prime opportunity for increased cash flow and long-term equity growth, making it a savvy, low-maintenance addition to any portfolio. Whether you're expanding your investments or purchasing your first multi-family, this fully occupied property offers the perfect combination of stability, location, and tremendous growth potential.
Features
- Baths: 2 full
- Units: 2
- Style: Other
- Year Built: 1898
- Garage: 2-car
- Heating: Hot Water, Baseboard
- Cooling: None
- Basement: Interior, Full, Unfinished
- Approx Sq. Feet: 2,148
- Acreage: 0.29
- Est. Taxes: $2,491
- Lot Desc: Rolling/Sloping, Sidewalks, Intown, Near Turnpike/Interstate
- MLS#: 1619933
- Website: https://www.raveis.com
/prop/1619933/101mountvernonavenue_augusta_me?source=qrflyer
William Raveis Family of Services
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Brian SkellyVP, Mortgage Banker, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 793093
203.415.2989
Brian.Skelly@raveis.com
Our Executive Mortgage Banker:
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Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance
860.690.5052
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Our Insurance Division:
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Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable