Sold
Last Sold Price
4,008 sqft
241 State St, Augusta, ME 04330
Multi FamilyProperty Type
0.34 acresLot Size
1900Year Built
$49/sq ftPrice per sq ft

Description

Fantastic investment opportunity! This 6 unit building sits high off roadway on large 0.34 acre lot w/in eyesight of the Capitol building and State offices. Building is made up of (4) 1 bedroom units and (2) 2 bedroom units-has been family owned since 1992. A 4 stall/ bay outbuilding currently provides extra storage for tenants but has potential to expand parking.Fantastic investment opportunity! This 6 unit building sits high off roadway on large 0.34 acre lot w/in eyesight of the Capitol building and State offices. Building is made up of (4) 1 bedroom units and (2) 2 bedroom units-has been family owned since 1992. A 4 stall/ bay outbuilding currently provides extra storage for tenants but has potential to expand parking.
  • Listed by: Jennifer Day • Rizzo Mattson 207-622-9000
Listing closed: 05/30/2019 12:00 AM • Source: Maine Listings, MLS#: 1414094

Location

Listing Courtesy of Rizzo Mattson

Sold By Rizzo Mattson

Add your commute

Payment Calculator

$1,403 per month

30 year fixed, 6.71% Interest

Principal and Interest

$1,008

Property Taxes

$395

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 241 State Street

Property Details
  • Taxes: $4,739 / year
  • MLS Type: Commercial
  • Waterfront: No
  • ArchitecturalStyle: Other
  • Garage Spaces: 4.00
  • Garage: Yes
  • Zoning: BP
Building Information
  • Stories: 3
  • Year Built: 1900
  • Lot Size: 0.34 AC / 14,810 SF
Summary
Location and General Information
  • Road Surface Type: Paved
  • Directions: From Augusta's west side rotary, travel south on State Street past Capitol and Park. #241 on left. Please do not block vehicles when parking.
  • Town: Augusta
  • State/Province: ME
  • Zip Code: 04330
  • County: Kennebec
  • Geo Latitude: 44.304068
  • Geo Longitude: -69.78126
  • Tax Lot: 28
  • Location:Near Shopping: Yes
  • Construction: Wood Frame
  • Road Frontage: true
Parking
  • Parking Features: 5 - 10 Spaces, Paved
  • Attached Garage: No
  • Parking: 5 - 10 Spaces, Paved3
Taxes and HOA Information
  • Tax Book Number: 12868
  • Tax Map Number: 32
  • Tax Year: 18
  • Parcel Number: 241StateStreetAugusta04330
  • Location Information:Association Y/N: No
  • Tax Annual Amount: $4,739.00
Virtual Tour
Property
Green Features
  • Energy Efficiency: Smart Electric Meter
Heating and Cooling
  • Heat Fuel: Gas Natural
  • Heat System: Hot Water, Multi-Zones, Radiator
Lot Information
  • SqFt Finished Above Grade: 4008.0
  • Lot Size Acres: 0.34
  • Source of Acreage: Public Records
  • Building Area Total: 4008.0
  • Lot Size Area: 0.34
  • Lot Size Units: Acres
  • Lot Size Square Feet: 14810.4
  • Lot Features: Open, Sidewalks, Intown, Near Shopping
  • Bathrooms Full: 6
  • Street Number: 241
  • Property Information:Surveyed: Unknown
  • Property Information:Seasonal: No
  • Property Information:Short Sale Continue to Show: No
  • Property Information:Deed/Conveyance Type Offered: Quit Claim w/Covenant
  • Property Information:Deed: All
  • Property Information:Bank Owned REO: No
  • Property Information:Source of Road Frontage: Public Records
  • Property Information:Total # Floors: 3.00
Parking
  • Driveway: Paved
Property and Assessments
  • Leased Land: No
  • Property Type: Commercial
  • Property Type Label: Commercial
  • Property Sub-Type: Multi Family
  • Year Built: 1900
Utilities
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Public
  • Other Equipment: Cable
  • Gas:Natural - On Site: Yes
  • Water Heater: Off Heating System, Tank
  • Equipment: Cable
Interior and Exterior Features
Exterior Features
  • Construction Materials: Wood Siding, Wood Frame
  • Fireplace: No
  • Roof: Flat, Membrane
  • Vehicle Storage: Detached, Other Vehicle Storage
Interior Features
  • Basement: Full, Unfinished, Walkout Access
  • Flooring: Wood, Vinyl
  • Cooling: None
  • Heating: Radiator, Multi-Zones, Hot Water
  • Foundation Details: Block, Granite
  • Laundry Features: Laundry - Coin
  • # Stories: 3
  • # Floors: 3
  • Bathrooms Total (Integer): 0
  • Bathrooms Total (Decimal): .00
  • Bathrooms Total (Notational): .00
  • Cooling YN: No
  • Heating YN: Yes
  • Levels: Multi-Level
  • Amenities: Laundry - Coin
  • Laundry Room Amenities: Laundry - Coin
Multi Family
Income & Expenses Information
  • Gross Income: $41,712.00
  • Operating Expenses: $31,097.00
  • Gross Income: $41,712.00
  • Operating Expenses: $31,097.00
Multi-Family Information
  • Number of Units: 6
  • Building Info:# Heating Units: 1
  • Building Info:# Water Heaters: 1
Unit Information
  • Units:# of 1 BD Units: 4
  • Units:# of 2 BD Units: 2

Property History for 241 State Street

DateEvent & SourcePriceAppreciation
May 30, 2019

Sold

Maine Listings #1414094

$195,000
May 14, 2019

Withdrawn

Maine Listings #1413909

May 13, 2019

Pending

Maine Listings #1414094

DateEvent & SourcePrice
05/30/2019

Sold

Maine Listings #1414094

$195,000
05/14/2019

Withdrawn

Maine Listings #1413909

05/13/2019

Pending

Maine Listings #1414094

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

Public Records for 241 State Street

Taxable ValueLand$33,900Additions$194,200Total$228,100
Tax Record2025$5,566 ($464 / month)
Home Facts
Baths6Total Finished SqFt4,008 SqFtAbove Grade Finished SqFt4,008 SqFtUnfinished Basement SqFt1,336 SqFtStories3Lot Size14,810 SqFtStyleMulti-Family Res (5+ Units)Year Built1900Year Renovated1900CountyKENNEBECAPNAUGU M:00032 B:00028 L:00000

Schools near 241 State 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 - K to 6
Rating
School
Distance
Lincoln School
PublicK to 6

Cony Middle School
Public7 to 8

Cony High School
Public9 to 12

Lillian Parks Hussey School
PublicK 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: 241 State Street, Augusta, ME 04330
$195,000
4,008
14,810
2
1.5
1,098
9,148
$65,000
3
1,344
4,791
4
1.5
1,850
10,019
2
25,760
65,776
$89,900
3
1,177
7,840

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 Rizzo Mattson

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.