21 Laurel Street, Augusta, ME 04330
MULTI_FAMILY - Other - Augusta, ME
- Added:
- Apr 13, 2026
- Days on Market:
- 63
- Last Refresh:
- Jun 14 at 7:06 am
Property Features for 21 Laurel Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- Res
- Bathrooms
- 2
- Rooms
- Bathroom 1, Bathroom 2, Basement
- Parking features
- Off Street
- Basement
- Full, Finished
- Standard status
- Active
- Size
- 1,996 SF
- Lot size
- 0.05 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 1810
Utilities
- Sewer type
- Public Sewer
- Heating system
- Baseboard, Other (Heating), Electric (Heating)
- Water source
- Public
Building Details
- Year built
- 1900
- Number of units
- 2
- Flooring type
- Vinyl, Wood
- Building materials
- Wood Frame, Wood Siding
- Roof type
- Membrane
- Architectural style
- Other
Listing agent Daniel Hildebrandt (207) 679-7389
Listing office AllMaineHomes, LLC 183 State Street Suite 102, hallowell, ME (207) 623-2100
Listing date Apr 13, 2026
Copyright © 2026 Maine Listings. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Full rehab completed 2 years ago
- New electric baseboard heat throughout
- New water heater
- 2‑unit layout with 3 bedrooms on the upper level and 3+ bedrooms on the lower level
- Detached 1‑car garage plus off‑street parking
- Public water and public sewer; basement present
Overview
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $32.3k | $16.20 |
| − Vacancy | −$491 | −$0.25 |
| EGI | $31.8k | $15.95 |
| − OpEx | −$9.6k | −$4.79 |
| NOI | $22.3k | $11.17 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Augusta
- County
- Kennebec
- State
- Maine
- Longitude
- -69.774711
- Latitude
- 44.31963
