4 Monroe Street Augusta, ME 04330
MULTI_FAMILY - Other - Augusta, ME
Property Features for 4 Monroe Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- RC
- Bathrooms
- 2
- Rooms
- Bathroom 1, Basement, Bathroom 2
- Parking features
- Off Street
- Patio and Porch features
- Deck, Porch
- Pets allowed
- No
- Interior features
- 1st Floor Bedroom, Attic, Bathtub, Shower
- Fencing
- Fenced
- Basement
- Full, Unfinished
- Standard status
- Active
- Size
- 1,702 SF
- Lot size
- 0.19 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 2525
Utilities
- Sewer type
- Public Sewer
- Heating system
- Hot Water(Heating), Other (Heating), Zoned, Oil
- Water source
- Public
Building Details
- Year built
- 1876
- Floors in Building
- 2
- Number of units
- 2
- Flooring type
- Wood, Laminate, Vinyl, Carpet
- Building materials
- Wood Frame, Vinyl Siding
- Roof type
- Shingle
- Architectural style
- Other
Listing agent Kasey Hewett (207) 766-1447
Listing office Your Home Sold Guaranteed Realty 704 Maine Avenue, Hallowell, ME (207) 629-9211
Listing date Jul 15, 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.
Investment Insights
Based on property information with market context.
Located at 4 Monroe Street in Augusta, Maine (Kennebec County), the home is identified under zoning RC.
The layout supports independent rental living within a straightforward two-unit configuration, combining updated interiors with outdoor spaces designed for comfortable, practical day-to-day use.
Key Highlights
- Two‑unit property with two 2‑bedroom, 1‑bath apartments
- Glassed‑in front porch plus a covered back deck for outdoor living
- Private fenced backyard
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 | $27.6k | $16.20 |
| − Vacancy | −$419 | −$0.25 |
| EGI | $27.2k | $15.95 |
| − OpEx | −$8.1k | −$4.79 |
| NOI | $19.0k | $11.17 |
