Movoto Real Estate
Sold on 04/10/2025
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4 Spruce St, Augusta, ME 04330

$308,000

Last sold 04/10/2025 for $350K

  • 2

    bed

  • 2

    bath

  • 1,932

    Sqft ($181/Sqft)

Multi-family not for sale

About 4 Spruce St

Property type Multi-family
Year built 1890
HOA fee $0/month
Lot size 4,356 Sqft
Movoto estimate
Property description
Located just one street over from a Maine General building, this beautifully renovated two-unit apartment building offers a fantastic opportunity for both investors and potential owner-occupants. Situated in a prime Augusta neighborhood, this property has been thoughtfully updated and is move-in ready. The building features two spacious units, both designed with generous living spaces, abundant natural light, and modern finishes. The kitchens and bathrooms have been completely renovated, showcasing brand-new counter tops, stylish cabinetry, and contemporary design elements. Throughout the property, you'll also find updated systems, including plumbing and electrical, ensuring long-term efficiency and reliability. Off-street parking is available, and each unit has its own separate utilities, making this an ideal setup for tenants or homeowners who appreciate independence and cost control. Whether you're looking to generate consistent rental income or enjoy a home with rental potential, this property is perfect for either scenario. Investors will appreciate the strong rental demand in the area, particularly with its close proximity to Maine General. For those considering owner-occupancy, living in one unit while renting out the other offers a great opportunity to offset living expenses. The location couldn't be more convenient, making it perfect for healthcare professionals or anyone who works in the area. Additionally, it's just a short drive to downtown Augusta, where you'll find shopping, dining, and other amenities. Whether you're an investor seeking a lucrative rental property or a homeowner looking to generate additional income, this is an exceptional opportunity.
Listed by
Listing Agent - Kayla Hatheway
Listing Office - Keller Williams Realty
Source: MREIS mls logo
MLS#1610859 • last updated 5 months ago
Movoto checked MREIS for data 7 minutes ago
Overview
Heating Baseboard, Forced Air
Levels/Style New Englander
MLS # 1610859
SqFt 1932
Status Closed
Lot Size (Acres) 0.1
Lot Size (Sqft) 4356
Property Tax 2418
Year Built 1890
Interior
Total # of Bathrooms 2
# Full Baths 2
Flooring Tile, Wood
Exterior
Roof Shingle
Amenities / Utilities
Water Source Public
Location
Zoning BusinessProfessional
Multifamily Details
Total # Of Units 2
Operating Expense 8220
Gross Income 45600
$308K
Range: $237K-$378K
Last 30 days 
  • Apr 2025
    mls logo MLS # 1610859
  • Apr 14, 2025 Sold
    $350,000
  • Mar 10, 2025 Pending
  • Feb 27, 2025 Price Change
    $340,000 (-1.4%)
  • Jan 30, 2025 Price Change
    $345,000 (-1.4%)
  • Jan 4, 2025 Listed
  • Dec 27, 2024 Active
  • Dec 8, 2024 Listed
    $350,000 (+2.9%)
  • Nov 24, 2024 Listed
    $340,000 (+100.0%)
  • Apr 2025
    Public Records
  • Apr 14, 2025 Sold
    $350,000 (+2.9%)
  • Jan 2021
    mls logo MLS # 1479443
  • Jan 21, 2021 Price Change
    $170,000 (+3.0%)
  • Jan 20, 2021 Listed
  • Jan 10, 2021 Pending
  • Jan 4, 2021 Listed
    $165,000 (+166.1%)
  • Aug 2018
    mls logo MLS # 1158235
  • Aug 1, 2018 Expired
  • Jun 11, 2018 Listed
  • May 15, 2018 Pending
  • Jul 24, 2017 Listed
    $62,000 (-8.8%)
  • Oct 21, 2014 Listed
    $62,000 (-22.4%)
  • May 2017
    mls logo MLS # 1261606
  • May 3, 2017 Expired
  • May 2, 2016 Listed
    $68,000 (+9.7%)
  • Feb 2014
    mls logo MLS # 1079397
  • Feb 1, 2014 Expired
  • Jan 29, 2013 Listed
    $79,900
  • Year Property taxes Tax assessment
  • 2024
    $2,637 +9.1%
    $110,800 +5.22%
  • 2023
    $2,418 +4.8%
    $105,300
  • 2022
    $2,308 +4.7%
    $105,300
  • 2021
    $2,205
    $105,300
  • 2020
    $2,205 -0.1%
    $105,300
  • 2019
    $2,208
    $105,300
  • 2018
    $2,208 +2.9%
    $105,300
  • 2017
    $2,146 +3.0%
    $105,300
  • 2016
    $2,084 +2.0%
  • 2015
    $2,043
  • 4 Spruce St
    $350K
  • 04330
    $530K +78% y/y
  • Augusta
    $315K +6% y/y
No chart available
Statistics calculated by Movoto

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Source: GreatSchools.org © 2026. All rights reserved.

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