Sold
Last Sold Price
2,640 sqft

116 Bridge St, Augusta, ME 04330

Multi FamilyProperty Type
0.08 acresLot Size
1848Year Built
$102/sq ftPrice per sq ft

Description

Value Add Duplex for Sale in the Heart of Augusta. Each unit has their living room and kitchen on the first floor and all bedrooms on the second floor. Unit #1 on the left is a month to month tenant. Unit #2 on the right, the lease expires in November 2025. Tenants pay heat and electric. Both units are below market rents. Excellent location close to town center, bus lines and shopping districts. Low property expenses make this cash flowing property a must see for investors or owner occupy!Value Add Duplex for Sale in the Heart of Augusta. Each unit has their living room and kitchen on the first floor and all bedrooms on the second floor. Unit #1 on the left is a month to month tenant. Unit #2 on the right, the lease expires in November 2025. Tenants pay heat and electric. Both units are below market rents. Excellent location close to town center, bus lines and shopping districts. Low property expenses make this cash flowing property a must see for investors or owner occupy!
  • Listed by: Jessie Pinkham Demers 720.320.1391 jessiedemersrealtor@gmail.com • Spectrum Real Estate
  • Listed by: Anthony Donovan 207.329.6732 MeTODRealtor@Gmail.com • Spectrum Real Estate
Listing closed: 03/11/2025 12:00 AM • Source: Maine Listings, MLS#: 1612994
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Recent comparable sales

Median sold price

$270,000

Avg days on market

14

Sale-to-list ratio

96.0%

Augusta, ME

9 comparable properties found

$270,000 | 110 Sewall Street, Augusta, ME 04330
1/50
1

$270,000

Sold 03/12/25

Unavailable
Bedrooms
2,280
Square Feet
0.22
Acres
$278,000 | 34 North Street, Augusta, ME 04330
1/27
2

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Sold 12/30/24

Unavailable
Bedrooms
2,178
Square Feet
0.83
Acres
$289,000 | 86 Court Street, Augusta, ME 04330
1/41
3

$289,000

Sold 04/04/25

Unavailable
Bedrooms
2,160
Square Feet
0.06
Acres
$252,000 | 21 Crosby Street, Augusta, ME 04330
1/64
4

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Unavailable
Bedrooms
2,468
Square Feet
0.1
Acres
$260,000 | 16 Melville Street, Augusta, ME 04330
1/40
5

$260,000

Sold 12/20/24

Unavailable
Bedrooms
2,704
Square Feet
0.11
Acres
$250,000 | 76 Gage Street, Augusta, ME 04330
1/28
6

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Sold 03/16/26

Unavailable
Bedrooms
2,553
Square Feet
0.36
Acres
$305,000 | 27 Cumberland Street, Augusta, ME 04330
1/29
7

$305,000

Sold 06/24/25

Unavailable
Bedrooms
2,340
Square Feet
0.23
Acres
$314,400 | 30 Patterson Street, Augusta, ME 04330
1/18
8

$314,400

Sold 06/02/26

Unavailable
Bedrooms
2,448
Square Feet
0.24
Acres
$235,000 | 11 School Street, Augusta, ME 04330
1/29
9

$235,000

Sold 05/29/25

Unavailable
Bedrooms
2,090
Square Feet
0.25
Acres

Location

Listing Courtesy of Spectrum Real Estate

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$1,666 per month

30 year fixed, 7.03% Interest

Principal and Interest

$1,441

Property Taxes

$225

HOA Dues

$0

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Property Information for 116 Bridge Street

Property Details

  • Taxes: $2,698 / year
  • MLS Type: Multi-Family
  • Has Waterfront: No
  • Zoning: RB2

Building Information

  • Stories: 2
  • Residences: 2
  • Year Built: 1848
  • Lot Size: 0.08 AC / 3,484 SF

Summary

Location and General Information
  • Water View: No
  • Location: Near Town, Neighborhood
  • Page: 0343
  • Latitude: 44.317938
  • Longitude: -$69.78
Taxes and HOA
  • Association: No
  • Parcel Number: AUGU-000028-000105
  • Tax Lot: 105
  • Tax Book Number: 10716
  • Tax Map Number: 28
  • Tax Year: 2025
  • Tax Annual Amount: $2,698.00
Parking
  • Parking Features: 1 - 4 Spaces, Paved, Common, Off Street
  • Parking: 1 - 4 Spaces, Off Street
  • Vehicle Storage: No Vehicle Storage
  • Has Attached Garage: No
  • Has Garage: No

Property

Lot Information
  • Lot Features: Open, Near Town, Neighborhood
  • Lot Size Acres: 0.08
  • Lot Size Area: 0.08
  • Lot Size Source: Public Records
  • Lot Size Square Feet: 3484.8
  • Lot Size Units: Acres
  • 2 Detached Houses on 1 Lot: false
  • Roads: Public
  • Road Frontage: true
  • Road Frontage: 55.0
  • Source of Road Frontage: Public Records
  • SqFt Source: Public Records
  • Site: Open
Property and Assessments
  • Above Grade Finished Area: 2640.0
  • Building Area Total: 2640.0
  • Property Type: Multi-Family
  • Deed: All
  • Deed/Conveyance Type Offered: Quit Claim
  • Construction: Wood Frame
  • Structure Type: Duplex
  • Structure Type: Duplex
  • Year Built: 1848
Building Features
  • Foundation Details: Concrete Perimeter
  • Foundation Materials: Poured Concrete
  • Construction Materials: Vinyl Siding, Wood Frame
  • Color: tan
  • Stories: 2
  • Stories Total: 2
Financial Information
  • List Price/SqFt: $105.68
  • Property Repairs Y/N: No
Utilities
  • Heat Fuel: Gas Natural
  • # Heating Units: 1
  • # Water Heaters: 2
  • Electric: Circuit Breakers
  • Gas: Natural - At Street
  • Sewer: Public Sewer
  • Water Source: Public
  • Water Heater: Off Heating System
  • Utilities: Utilities On
  • Utilities On: Yes

Interior and Exterior Features

Exterior Features
  • Exterior: Vinyl Siding
  • Roof: Shingle
  • Driveway: Common, Paved
Interior Features
  • Bathrooms Full: 2
  • Bathrooms Half: 1
  • Bathrooms Total Decimal: 2.5
  • Bathrooms Total Integer: 3
  • Fireplaces Total: 1
  • Basement: Dirt Floor, Doghouse
  • Basement: Dirt Floor
  • Has Fireplace: Yes
  • Has Cooling: No
  • Heating: Blowers, Baseboard
  • Has Heating: Yes
  • Flooring: Wood, Carpet

Multi Family

Multi Family Information
  • # of 2 BD Units: 1
  • # of 3 BD Units: 1
  • Number Of Units Total: 2
Income & Expenses
  • Gross Income: $32,400.00
  • Operating Expense: $6,047.00

Unit Information

Unit 1
  • Num Full Baths: 1
  • Dedicated Gas Meter: Yes
  • Dedicated Water Heater: Yes
  • Refrigerator: Yes
  • Sewer: Yes
  • Water: Yes
  • Electric: No
  • Heat: No
  • Range: Yes
  • Lease: Yes
  • Level: First
  • Security Deposit: Yes
  • Actual Rent: $1,300.00
  • Beds Total: 3
  • Rooms Total: 6
Unit 2
  • Num Full Baths: 1
  • Num Half Baths: 1
  • Dedicated Gas Meter: Yes
  • Dedicated Water Heater: Yes
  • Refrigerator: Yes
  • Sewer: No
  • Water: No
  • Electric: No
  • Heat: No
  • Range: Yes
  • Lease: No
  • Level: First
  • Security Deposit: Yes
  • Actual Rent: $1,400.00
  • Beds Total: 2
  • Rooms Total: 5

Rental

Rent Information
  • Land Lease: No
Tenant Information
  • Occupant Type: No

Property History for 116 Bridge Street

DateEvent & SourcePriceAppreciation
Mar 11, 2025

Sold

Maine Listings #1612994

$270,000—
Jan 14, 2025

Listed (Active)

Maine Listings #1612994

$279,000—
Mar 7, 2024

Expired

Maine Listings #1553581

$285,000—
DateEvent & SourcePrice
03/11/2025

Sold

Maine Listings #1612994

$270,000
01/14/2025

Listed (Active)

Maine Listings #1612994

$279,000
03/07/2024

Expired

Maine Listings #1553581

$285,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public records

116 Bridge Street

Baths

2.5

Total Finished SqFt

2,640 SqFt

Above Grade Finished SqFt

2,640 SqFt

Unfinished Basement SqFt

1,320 SqFt

Stories

2

Lot Size

3,485 SqFt

Schools near 116 Bridge Street

This home is within Augusta Public Schools.
Rating
School
Type
Grades
Distance
Public - K to 6
Public - 7 to 8
Public - 9 to 12
Public - PK to 6
Rating
School
Distance
Lincoln School
PublicK to 6

Cony Middle School
Public7 to 8

Cony High School
Public9 to 12

Sylvio J Gilbert School
PublicPK to 6

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 116 Bridge Street, Augusta, ME 04330
$270,000
–
2,640
3,484
–
3
1
1,232
3,049
$154,000
3
2,135
15,246
–
–
2
2,132
6,534
$50,000
4
2,274
4,791
$145,000
–
2,393
5,662

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Spectrum Real Estate

Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. © 2026 Maine Real Estate Information System, Inc. All Rights Reserved.