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Image 1 - 7-11 Lorette Ln, Augusta, Maine, 04330 - House for sale
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Image 4 - 7-11 Lorette Ln, Augusta, Maine, 04330 - House for sale
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- Lorette Ln, Augusta, Home For Sale
7-11 Lorette Ln, Augusta, Maine, 04330

- Lorette Ln, Augusta, Home For Sale

house for sale
Listed: 06/23/24

7-11 Lorette Ln, Augusta, Maine, 04330

4 Bed:
2 Bath:
1,581 Sq Ft Living Area:
Save
Price
$ 399,000

About This House

Augusta- Incredible opportunity to own a versatile property offering both residential and commercial possibilities within its own secluded space! This beautiful property features a two-story commercial office building, perfect for a variety of uses and easily adaptable for multiple businesses with its front, side, and rear entrances. The downstairs is a blank slate ready for it's new owners finishing touches. Tons of parking! The residential component includes a 4-5 bedroom, 2-bath home with a detached 2-car garage and a spacious backyard, ideal for relaxation and family gatherings, though it does require rehab prior to occupancy. Additionally, there's a large storage/workshop space with high ceilings, divided into separate sections, one of which is occupied by a long-term tenant. This property is perfect for an entrepreneur looking for a unique live-work setup or an investor seeking diverse income streams. Must be a cash or strong conventional purchase.

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Augusta Housing & Living

Household Income

Median household income: $40,181
Number of households: 8,544
The average household income in Augusta, ME declined from $40,555 to $40,181 in the past year. This data is an estimate based upon 8,544 households in Augusta, ME.
The chart below presents how household income is distributed in Augusta, ME in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $2k-$3k
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Augusta, ME compared to median property taxes around the country. The prevalent amount of property taxes in Augusta, ME equals $2k-$3k , which is more than the national average.