Unique Multi-Purpose Property Opportunity in Augusta, Maine Here's your chance to own a versatile property in Augusta, Maine. Whether you seek a home with acreage or wish to explore development or income-generating possibilities, this property holds significant potential for substantial cash flow. Zoning and Development Potential: The house and property are zoned for high-density residential use, allowing for one home or multi-family unit per 1,650 square feet. With an impressive 2.24 acres, you could develop approximately 59 units. Current Setup: The house is currently configured as a two-unit dwelling, featuring: Two bedrooms and one bathroom downstairs Two bedrooms and one bathroom upstairs It is ready to start generating income immediately upon purchase. Additional Features: The barn covers approximately 3,000 square feet. It features a spacious full basement with two garage doors. Additionally, there are two more garage doors located on the main floor, providing access. There is potential to add two additional floors to the peak, bringing the total to around 12,000 square feet. It could be retrofitted to accommodate 6 to 8 units. Convenient access to town water and sewer is available at the street. Self-Storage opportunities Wedding venue's This prime location is just a stone's throw from Augusta's shopping areas, vibrant businesses, the Augusta Civic Center, delightful eateries, the University of Maine, and top-tier healthcare facilities including the Harold Alfond Center for Cancer Care and Maine General Medical Center, which is only 3 miles away.

This is an Active listing.

Broker Office Phone Number: 207-879-9800

Copyright © 2025Maine Real Estate Information System, Inc.. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.