$229,500

78 Mount Vernon Avenue

2 Baths 1,864 Sq.Ft. 10,454.4 Sq.Ft.

Description

Conveniently located near shopping, downtown Augusta, and highway access, this two unit property is a solid addition to any rental portfolio. Both units have been refreshed with recent cosmetic updates and were fitted with new natural gas Rinnai heating systems in 2024. Each unit has its own gas and electric meter, and tenants are responsible for all utilities including water, sewer, and yard maintenance. With separated systems and minimal owner expenses, this property offers strong cash flow potential in a central Augusta location.

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Location

78 Mount Vernon Avenue, Augusta, ME 04330

Status

Sold

Date Sold

November 3, 2025

Property Amenities

Interior

Flooring Vinyl, Wood

Full Bathrooms: 2

Area & Lot

Total area 1,864 Sq.Ft.

Lot Area 10,454.4 Sq.Ft.

Living area 1,864 Sq.Ft.

MLS® ID 1635799

Year Built 1906

Architecture Styles Federal

Type Multi-Family

Status Sold

Exterior

Air conditioning None

Heat type Gas Natural, Direct Vent Heater

Water Source Public

Sewer Public Sewer

Parking Paved, 1 - 4 Spaces

Lot Features Near Shopping, Near Turnpike/Interstate, Near Town, Open Lot

Roof Shingle

Finance

Sales Price $229,500

Real Estate Tax $2,125 yearly

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$229,500