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19 Cumberland St 2 Unit Apartment Building $229,900 ($114,950/Unit) Augusta, ME 04330
INVESTMENT HIGHLIGHTS
- 3 bedroom units
- Walking distance to Calumet playground and Mill Park
- Intown location
EXECUTIVE SUMMARY
Here is a good 2 unit building with spacious units on a nice size corner lot with ample parking. Each unit has 3 bedrooms, one unit on each level, each with a front porch, full baths, some wood flooring, living room, eat-in kitchen, decent size bedrooms, BBHW heat, circuit breakers, 2 natural gas boilers (tenants could possibly pay their own heat) good size basement with storage, large front yard area,.23 acre lot size, needs some work, but is very workable with a good rental history. Nice intown location, walking distance to the Calumet playground, downtown and Mill Park.
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
| Price | $229,900 | Building Class | C |
| Price Per Unit | $114,950 | Lot Size | 0.23 AC |
| Sale Type | Investment | Building Size | 1,536 SF |
| No. Units | 2 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1816 |
| Property Subtype | Apartment | Parking Ratio | 3.26/1,000 SF |
| Apartment Style | Low-Rise |
| Price | $229,900 |
| Price Per Unit | $114,950 |
| Sale Type | Investment |
| No. Units | 2 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.23 AC |
| Building Size | 1,536 SF |
| No. Stories | 2 |
| Year Built | 1816 |
| Parking Ratio | 3.26/1,000 SF |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Kitchen
- Refrigerator
- Oven
- Tub/Shower
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19 Cumberland St
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