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    Augusta Multifamily Greek Revival

    25 Washington Street Augusta, ME 04330

    25 Washington Street, Augusta, ME, 04330
    $298,000
    For Sale
    Claim this Listing
    $298,000

    MULTI_FAMILY - Greek Revival - Augusta, ME

    Property Size1,992 SF
    Lot Size0.11 Acres
    Price / SF$149.60
    AddedNov 10, 2025
    Days on Market248
    Last RefreshJul 16 at 1:06 pm

    Property Features for 25 Washington Street

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Zoning
    residential
    Bathrooms
    2
    Rooms
    Bathroom 2, Bathroom 1, Basement
    Patio and Porch features
    Porch
    Interior features
    1st Floor Bedroom, Attic, Bathtub, Shower, Storage
    Basement
    Full
    Standard status
    Active
    Size
    1,992 SF
    Lot size
    0.11 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Annual Amount
    2547

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Hot Water(Heating), Baseboard, Natural Gas
    Water source
    Public

    Building Details

    Year built
    1901
    Floors in Building
    2
    Number of units
    2
    Flooring type
    Carpet, Hardwood
    Building materials
    Wood Frame, Asbestos
    Roof type
    Metal
    Architectural style
    Greek Revival
    Additional Structures
    Storage

    Listing agent Fred Webber

    Listing office Webber Real Estate Main Street, Mount Vernon, ME

    Listing date Nov 10, 2025

    MLS# 1632434 Listing URL

    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.

    Investment Insights

    Based on property information with market context.

    This multifamily property in Augusta, Maine, presents an opportunity for investors. The building contains two 2-bedroom units, located on the first and second floors. Each unit includes a porch, laundry hook-up, refrigerator, and range. A double-car garage provides space for storage or vehicles. Situated on a corner lot, the property is within walking distance of downtown Augusta. The lot size is 0.11 acres and the property size is 1992 square feet. The building is zoned for residential use.

    Key Highlights

    • Two separate 2‑bedroom units offer income potential or multi‑generational living.
    • Desirable corner lot location within easy walking distance to downtown Augusta.
    • Double‑car garage provides ample storage or parking space.

    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 −$9.5k −$4.79
    NOI $22.2k $11.17
    1,992 SF · lease $16.20/SF/yr · vacancy 1.52% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $317.8K
    $278.1K – $370.8K (±1% cap)
    NOI $22,246 @ 7.0% cap · market cap 7.47%
    Second Best
    Apartment 5plus
    $277.2K
    $242.6K – $323.4K (±1% cap)
    NOI $19,405 @ 7.0% cap · market cap 6.51%
    Theoretical Best
    Warehouse
    $2.97M
    $2.60M – $3.47M (±1% cap)
    NOI $208,031 @ 7.0% cap · market cap 69.81%
    Zoning and permitted uses should be independently verified with local authorities.

    Property Analytics

    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Building Supply Real Estate Agency Dental Office Auto Parts Store Electrical Service HVAC Service Skin Care Clinic Cafe & Coffee Shop Garden Center Bakery

    Zoning and permitted uses should be independently verified with local authorities.

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    FAQs

    What type of property is this?
    Duplex - In-town duplex with garage, close to downtown Augusta.
    Where is this duplex located?
    The property is located at 25 Washington Street Augusta, ME.
    What is the asking price?
    The asking price for this property is $298,000.
    What are key features of this property?
    This property features: Two separate 2‑bedroom units offer income potential or multi‑generational living.; Desirable corner lot location within easy walking distance to downtown Augusta.; Double‑car garage provides ample storage or parking space.
    Contact an agent
    (207) 293-2601
    We can help!
    Contact an agent
    Fred Webber
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