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202 Mount Vernon Ave 9 Unit Apartment Building $816,474 CAD ($90,719 CAD/Unit) Augusta, ME 04330

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INVESTMENT HIGHLIGHTS

  • Intown location
  • Close to downtown, the Marketplace and the Interstate.
  • City water and sewer

EXECUTIVE SUMMARY

Here is a unique property that consists of 2 buildings, 4 unit and 2 unit, along with 2 mobile homes, there is also a 3rd mobile home that is in need of repair. 8 units, with the possibility of a 9th - check with the city on this. All buildings are on one .47-acre lot, good rental history, decent parking, city water and sewer. The 4 unit: (204 Mt Vernon Ave) is in decent condition, 3 -2 bed and 1 -1 bed, BBHW heat, good flooring, kitchens, full baths, etc., nice mix of units, basement. The 2 unit: (202 Mt Vernon Ave) has 2 units, each on their own level, with 2 decent size bedrooms in each, laminate flooring, full baths, monitor heater (propane) in each unit, tenants could pay their own heat, crawl space. 5 Kayla Lane: (mobile home) 2 beds, FHA, kitchen, full bath, dining area. 6 Kayla Lane: (mobile home) 1 bed, FHA, kitchen,, bath, etc. 7 Kayla Lane: (mobile home) is in need of repair and not currently rented. Close to downtown, the Marketplace Mall, and the interstate.

FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access

ANNUAL (CAD) ANNUAL PER SF (CAD)
Gross Rental Income $99,999 $9.99
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Taxes - -
Operating Expenses - -
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access

Gross Rental Income (CAD)
Annual $99,999
Annual Per SF $9.99
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual $99,999
Annual Per SF $9.99
Taxes (CAD)
Annual -
Annual Per SF -
Operating Expenses (CAD)
Annual -
Annual Per SF -
Total Expenses (CAD)
Annual $99,999
Annual Per SF $9.99
Net Operating Income (CAD)
Annual $99,999
Annual Per SF $9.99

PROPERTY FACTS

Price $816,474 CAD
Price Per Unit $90,719 CAD
Sale Type Investment
No. Units 9
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.44 AC
Building Size 6,046 SF
No. Stories 2
Year Built 1942

AMENITIES

UNIT AMENITIES

  • Air Conditioning
  • Kitchen
  • Refrigerator
  • Oven
  • Tub/Shower

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
AUGU-000029-000020
Land Assessment
$28,809 CAD
Improvements Assessment
$276,846 CAD
Total Assessment
$305,655 CAD
  • Listing ID: 37835263

  • Date on Market: 2025-09-26

  • Last Updated:

  • Address: 202 Mount Vernon Ave, Augusta, ME 04330

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