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Adam Dow

| The Dow Group | #1 Real Estate Team in New Hampshire

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443 Civic Center Dr , Augusta, ME 04330
$650,000
Est. Payment: $1,444.44/mo
0 Bed
0 Bath
0 Sqft
Status: Active | Days on site: 180
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1102 - 005444
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House Description

Excellent development opportunity - approved for up to 400 apartment units or condos along with single-family homes!!! Civic Center Drive location, 17.88 acres, over 500 feet of road frontage, surveyed with site plans. near Interstate 95, Maine General Hospital, the VA Home, Marketplace Mall, Augusta Civic Center, etc. A great location for housing, etc., city water and sewer at street, wonderful development parcel with very nice scenic and pleasant westerly views. A rare find - a large development site along with a great location - there is a big need for more housing! Condominiums and single family homes are also a good possibility. Create your own residential neighborhood with a portfolio of various style homes, etc. Could also possibly be a residential subdivision with up to 55 house lots. Check with city for number of lots allowed. May be a good candidate for affordable housing with Maine State Housing program. Call for more details. A great investment opportunity! Could be a combination of single-family homes, condominiums, and apartment buildings which would be a very nice mixed-use development. Other commercial uses are allowable also. (Retail, offices, etc. Check with city.) Lots of good possibilities!!

Highlights

Listed by James Pepin , 207-242-3015 Sprague & Curtis Real Estate , 207-623-1123.

Property Type

Vacant Land

Lot/Acreage
17.88

County

Kennebec

Listing ID

1653395

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:0
  • Full Bathrooms:
Water:Public

Exterior Features

Lot:Interior Lot,Near Shopping,Near Turnpike/Interstate,Near Town,Open Lot,Rolling Slope,Wooded
Zoning:Commercial
Sewer:Public Sewer
Parking Features:No Driveway
Principal Interest
$1,444
Taxes
$216

Home Price

$650,000

Loan Details

30 yrs
%

Down Payment

20%
$130,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$1,444.44

Principal

Taxes

Principal Taxes HOA Total
Monthly $1,444.44 $215.83 $0.00 $1,660.28
Yearly $17,333.33 $2,590.00 $0.00 $19,923.33
Total $520,000.00 $77,700.00 $0.00 $597,700.00

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Augusta, ME).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.