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57 Oxford Street, Augusta, ME 04330

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For Sale

$650,000

2 baths • 2,414 sqft

Estimated Payment

$      /mo. †

APR for 30 years

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  • Other Residential
    Property type

  • $269.26
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

A Developer's Paradise Seize the chance to explore 57 Oxford Street in RC (High density Residential) zoned Augusta, Maine. Augusta allows for one dwelling to be constructed per 1,650 square feet, giving you a generous 2.24 acres to develop, which could accommodate around 59 units! This property offers a level terrain, along with essential town utilities, a delightful four-bedroom, two-bathroom farmhouse, and an upstairs apartment. With a spacious barn available for storage, you can reside in the farmhouse while developing the land. You might consider selling the house to help finance construction or even demolishing the barn and farmhouse to make room for additional units. An adjacent .08 acres was sold last year for $175,000, with plans to construct two 10-unit buildings starting this spring. For more details, refer to MLS#: 1554130. 57 Oxford is ideally situated for development. Just minutes from the Augusta shopping outlets and businesses, Augusta Civic Center, Restaurants, University of Maine, and Harold Alfond Center for Cancer Care and Hospital. Join the effort to address Maine's 84,000-unit housing shortage. Interested in more land for development? Check out the adjoining 4.73 acres.
MLS# 1618081

Courtesy Of Keller Williams Realty
Keller Williams Realty, Portland, ME 04102
(207) 879-9800

Property Features

  • Age
    Over 50 Years Old
  • Architecture Style
    Other
  • Exterior Type
    Aluminum Siding
  • Floor Covering
    Laminate, Wood
  • Heating System
    Baseboard
  • Lot Size
    2.24 Acres
  • Roof Type
    Metal

Map and Directions

Directions to 57 Oxford Street, Augusta, ME 04330

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Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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