A rare opportunity in Augusta, this beautiful and versatile property offers the best of both worlds. Originally designed as a duplex, the home is currently opened up to create one spacious residence, making it ideal for a large or multi-generational family. Whether you're looking for a generous single-family home or an owner-occupied duplex with income potential, this property offers exceptional flexibility. Each side features two bedrooms, separate basement access, its own forced hot air furnace, water heater, and private driveway, allowing for an easy transition back to a traditional duplex if desired. The owner's side includes an attached two-car garage with new garage doors, a spacious back deck, one and a half baths, a cozy wood stove insert, and a propane monitor heater for supplemental warmth. Numerous recent improvements provide added value and peace of mind, including a new roof installed in November 2025, additional insulation, newer appliances, updated flooring, and more. A new septic tank was installed in June 2020. Set on an impressive 2+ acre lot, this property offers an uncommon amount of land, privacy, and outdoor space while remaining just minutes from Augusta's shopping, dining, and conveniences. Homes offering this level of flexibility, updates, and acreage are a rare find in today's market. ** 24 hour minimum notice required ** Furnishings are negotiable.
Tremendous opportunity to pick up where the current owner left off. This property includes an older two-unit farmhouse as a residential rental. Beyond the 7.3 ac. of developable land, a major starting point is the Circa 1847+/- existing Bank Barn with a 3,000 sq. ft. footprint and above the full basement/garage with concrete floor, this three-story behemoth is solidly framed space with significant cubic footage and loft levels, providing the potential to build out six or more additional 1,500 sq. ft. residential units as rentals or the start of a condominium complex. All utilities can be housed in the expansive garage/basement space to service all the new units. Due to shifting market conditions, local contractor availability post-COVID-19, and personal physical limitations, the current owner has decided to pass this concept on to a new landlord, developer or builder rather than completing the project themselves. You'll have a great head start with quick renovations and buildout of 8 or more units within the present building envelope and be ahead of the game while taking your time to build between 65-100 more units at market rate or go low income and plan up to 400 plus rentals. This property represents a major opportunity for various development concepts, as Augusta's zoning allowances are flexible, since the property is in a high density residential development district. Potential buyers are encouraged to explore the various state and local assistance programs for which this project may qualify. Buy both lots @ the listed/asking price, or buy just one of either separately deeded lot for $1,557,000.00. Also listed in Land category (MLS# 1666418) and as commercial (MLS# 1672757)
Opportunities like this don't come around every day! Whether you're looking to expand your investment portfolio or purchase your very first multifamily property, this 4-unit building in Augusta offers incredible potential. Multifamily properties continue to be one of the most accessible ways to begin building long-term wealth through real estate. Owner-occupants can explore the possibility of living in one unit while generating income from the others, while seasoned investors will appreciate the opportunity to add another asset to their portfolio. Conveniently located in Augusta with easy access to local amenities, shopping, dining, and major commuting routes, this property offers flexibility for a variety of investment strategies. Whether you're just beginning your real estate investing journey or looking for your next addition, this 4-unit property deserves a spot on your must-see list. Don't miss your opportunity to invest in your future!
A great opportunity for investors or owner-occupants alike! This two-unit property features two 2-bedroom, 1-bath apartments with many upgrades already completed, providing comfortable and functional living spaces for tenants. The property boasts a strong rental history and offers excellent value at an affordable price. A glassed-in front porch provides a bright, inviting space to relax year-round, while the spacious covered back deck is perfect for outdoor dining and entertaining. The private backyard offers room for gardening, play, or simply unwinding. Combining modern updates with classic charm, this property is an excellent opportunity to expand your investment portfolio or offset your mortgage with rental income.
Excellent investment opportunity! This well-maintained 4-unit property offers a strong rental history and consistent income potential. The desirable unit mix includes two 2-bedroom units and two 1-bedroom units, appealing to a wide range of tenants. The property has been updated over the years, is in solid overall condition, and offers low-maintenance ownership. Conveniently located within walking distance to shopping, restaurants, and many other local amenities, making it an attractive option for both tenants and investors alike.
Prime In-Town Investment Opportunity! Ideally located within walking distance of the Maine State House, this two-unit property offers an exceptional location and strong potential. Each unit features 2 bedrooms, a full bathroom, kitchen, living room, and a porch, providing comfortable living spaces for tenants or owner-occupants. The first-floor unit showcases beautiful hardwood floors throughout. The unfinished third floor offers approximately 540 square feet of additional space that could be converted into an expanded living area, or a home office. Situated on a corner lot with excellent curb appeal, the property also features a durable metal roof and separate electrical service for each unit. A rare opportunity to own a versatile multi-unit property in a highly desirable Augusta location.
2,486± SF 5 UNIT MULTI-FAMILY •4.12± AC parcel of land perfect for a redevlopment •Public water and sewer •Located on the busy corner of Cony Rd and Eastern Ave (Route 17), with traffic counts of 9,160± cars/day (AADT, 2023) •Regional Business District is very favorable to a variety of uses
Come take a look at this homeowner or landlord friendly two-unit! The first floor unit has been left vacant for the sale in case the new owner would like to owner occupy. Management in place, can fill the unit before the sale if needed. Management can stay in place or facilitate any tenant business before/after closing. The top floor has great long standing tenants who pay market rate for their apartment. Both units have new heating and hot water systems. Recently sided and painted this buildng is ready for its next owner. Tucked away in a quiet neighborhood but very close to all augusta water street has to offer! The seller is offering a home warranty with this sale as an added bonus!
3 units await your investment strategy. Lots going on here with a huge basement and great unit composition.


Augusta is located in Maine. Augusta, Maine has a population of 18,895. Augusta is less family-centric than the surrounding county with 19.93% of the households containing married families with children. The county average for households married with children is 24.69%.
The median household income in Augusta, Maine is $40,438. The median household income for the surrounding county is $58,097 compared to the national median of $69,021. The median age of people living in Augusta is 45 years.
The average high temperature in July is 79.4 degrees, with an average low temperature in January of 8.3 degrees. The average rainfall is approximately 43.7 inches per year, with 67 inches of snow per year.