18 Crosby Street, Augusta, ME 04330 (MLS # 1652054)

PRICE $1,100,000 BEDS 0 BATHS 12 HOME SIZE 3,424 sqft LOT SIZE 30,928 sqft Request More Info Schedule a Showing

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 provided by the property manager. Figures reflect performance as of February 1, 2026. Financials available upon execution of NDA. For additional information or to request financials, reach out today and explore the possibilities this Augusta portfolio has to offer. Showing by Listing Agent with appointment. Drive-by welcome prior to requesting a showing. please conduct drive-by only (do not walk the property).