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18 Crosby Street, Augusta, ME 04330

Augusta
Local realty services provided by:CENTURY 21 Barbara Patterson
18 Crosby Street,Augusta, ME 04330
$1,100,000
  • - Beds
  • 12 Baths
  • 3,424 sq. ft.
  • Multi-family
  • Active
Listed by: anthony donovan
Office: spectrum real estate
MLS#:1652054
Source:ME_MREIS

Price summary

  • Price:$1,100,000
  • Price per sq. ft.:$321.26

About this home

3-Building Portfolio Investment Opportunity -in Augusta, Maine. Included in the Offering: • 51 State Street - 3 Units • 18 Crosby Street - 4 Units (Adjacent to 51 State Street) • 84-90 Mt. Vernon Avenue - 5 Units (Includes an adjacent lot) With State Street and Crosby Street side-by-side, investors benefit from operational efficiencies, simplified management, and strong rental positioning. Property Highlights: 12 total residential units across three buildings. 51 State Street includes a single-car, extra-long garage (roof needs replacement - value-add opportunity). 84-90 Mt. Vernon Avenue features an adjacent lot, offering expansion, parking, or future development potential. Portfolio sale allows for economies of scale and increased cash flow potential. This is an excellent opportunity for investors seeking to expand an existing portfolio or enter the Augusta market with immediate footprint and upside. Financial Overview 9.5% Cap Rate based on revenues and expenses...

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Home facts

  • Year built:1800
  • Listing ID #:1652054
  • Updated:March 19, 2026 at 04:01 PM

Rooms and interior

  • Total bathrooms:12
  • Full bathrooms:12
  • Flooring:Vinyl, Wood
  • Basement Description:Bulkhead, Full
  • Living area:3,424 sq. ft.

Heating and cooling

  • Heating:Baseboard, Direct Vent Heater, Forced Air, Hot Water

Structure and exterior

  • Year built:1800
  • Building area:3,424 sq. ft.
  • Lot area:0.71 Acres
  • Lot Features:Corner Lot, Interior Lot, Intown, Near Shopping, Near Town, Neighborhood, Sidewalks
  • Architectural Style:Colonial
  • Construction Materials:Vinyl Siding, Wood Frame
  • Foundation Description:Concrete Perimeter, Stone

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$1,100,000
  • Price per sq. ft.:$321.26
  • Tax amount:$3,548 (2025)

Parking

  • Parking description:On Site, Paved
  • Garage:Yes
  • Garage spaces:1
MLS LogoMREIS Multiple Listing Service™ systemListing data is derived in whole or in part from the Maine IDX & is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. © 2026 Maine Real Estate Information System, Inc. All Rights Reserved

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