About this home
Unlock the potential of this rare value-add opportunity at 6 Amherst Street, Augusta, Maine. This 7-unit multifamily property has already been partially gutted, providing a clean slate for investors, developers, or contractors to bring their vision to life. With most of the demolition work complete, the property is ready for renovation and customization, allowing you to design modern, efficient apartments that meet today's rental demand. Whether you're looking to create long-term rental income, pursue a redevelopment project, or expand your multifamily portfolio, this property offers exceptional upside. Located in a convenient Augusta neighborhood with easy access to downtown, shopping, restaurants and major commuter routes, the property is well-positioned to attract future tenants. Bring flashlight as there is no power. Enter at your own risk.
Listing last checked: Listing updated:
Listed by Listing Agent · Hoang Realty · MLS #1674350
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Details at a glance
Interior3 property facts
- Heating
- Propane, Forced Air
- Cooling
- None
- Flooring
- Other, Wood
Building5 property facts
- Style
- Other
- Year built
- 1922
- Garage
- 0
- Foundation
- Block
- Roof
- Shingle
Land & utilities4 property facts
- Lot size
- 0.19 acres
- Water
- Public
- Sewer
- Public Sewer
- Zoning
- RB1
Financial2 property facts
- Annual taxes
- $5,266
- Assessment year
- 2025
Location
Estimated monthly cost
Explore costs at the $225,000 asking price. Adjust the assumptions to your situation.
Known monthly costs$1,577 / monthAdjust
- Principal & interest
- $1,138
- Property tax
- $439
- Insurance
- Not entered
- HOA
- Not entered
Listing annual taxes: $5,266. Initial monthly tax is one twelfth of that amount. HOA amount was not supplied.
Partial estimate: add insurance, monthly HOA to include those costs. Blank amounts are unknown.
The initial 6.5% rate is illustrative, not a current rate or lender quote. Excludes utilities, maintenance, closing costs and mortgage insurance, which may apply with a down payment below 20%. Taxes and insurance can change.
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About 6 Amherst Street
Can I request a private showing?
Request a tour of 6 Amherst Street and a Bean Group agent will help coordinate an available time with the listing side.
Can you help me evaluate this property?
Yes. We can discuss condition, comparable sales, offer strategy and the questions worth asking before you decide whether to proceed.
Are property documents available?
Availability varies by property and source. Request the documents you need and we will help obtain what is available.