Movoto Real Estate
Sold on 01/09/2025
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4 Commonwealth Dr, Augusta, ME 04330

  • $1,364,000

    Last sold 01/09/2025 for $1.35M

  • 8

    bed

  • 8

    bath

  • 13,429

    Sqft ($101/Sqft)

Multi-family not for sale
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About 4 Commonwealth Dr

Property type Multi-family
Year built 2007
HOA fee $0/month
Lot size 3.87 Acre
Movoto estimate
Property 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.
Listed by
Listing Agent - Daniel Demers
Listing Agent Contact: 888-219-3009
Listing Office - Sell Your Home Services
Source: MREIS mls logo
MLS#1607132 • last updated 3 months ago
Movoto checked MREIS for data 7 minutes ago
Overview
Heating Baseboard, Direct Vent Furnace, Direct Vent Heater, Radiant
Levels/Style Multi-Level, Other
MLS # 1607132
SqFt 13429
Status Closed
Lot Size (Acres) 3.87
Lot Size (Sqft) 168577.2
Property Tax 15216
Year Built 2007
Interior
Total # of Bathrooms 8
# Full Baths 8
Flooring Carpet, Tile, Vinyl
Exterior
Amenities / Utilities
Water Source Public
Location
Zoning 12954
Multifamily Details
Total # Of Units 8
Operating Expense 32000
Gross Income 121500
$1.36M
Range: $1.13M-$1.59M
Last 30 days 
  • Jan 2025
    mls logo MLS # 1607132
  • Jan 9, 2025 Sold
    $1,354,566.91
  • Oct 22, 2024 Pending
  • Oct 17, 2024 Listed
    $1,400,000 (+86.7%)
  • Jan 2025
    Public Records
  • Jan 9, 2025 Sold
    $1,354,567 (-3.2%)
  • Jun 2018
    mls logo MLS # 1343205
  • Jun 28, 2018 Sold
    $750,000 (-12.7%)
  • Apr 23, 2018 Pending
  • Mar 29, 2018 Listed
    $859,000
  • 4 Commonwealth Dr
    $1.35M
  • 04330
    $530K +78% y/y
  • Augusta
    $299K +4% y/y
No chart available
Statistics calculated by Movoto

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3/10
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Source: GreatSchools.org © 2026. All rights reserved.

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  • Real Estate
  • ME
  • Kennebec County
  • Augusta
  • 04330
  • 4 Commonwealth Dr
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