Excellent investment opportunity at 34 Oak Street in Augusta! This updated in-town two-unit offers strong rental income and a solid opportunity for an investor looking for an established, income-producing property. The property has benefited from numerous improvements, including updates to the roof, windows, flooring, paint, bathrooms, and more. The property is heated efficiently with natural gas, helping keep overall operating costs manageable. Each unit also has their own washer & dryer, dedicated off-street parking, adding convenience for tenants. Both units are currently occupied on month-to-month rental agreements, with Unit 1 renting for $1,400 per month and Unit 2 for $1,300 per month, generating $32,400 in annual gross rental income. Tenants pay their own electric and hot water. With established rental income, efficient natural-gas heat, dedicated parking, updated major components, and a convenient Augusta location, this property offers an attractive opportunity for both seasoned and first-time multifamily investors. 34 Oak Street, Augusta and 167 Summer Street, Auburn may also be purchased together as a package, with favorable package pricing available. Inquire for details.

Property Details of 34 Oak Street

Property Details

Interior Features

Other Details

Map Location

Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. ©2026 Maine Real Estate Information System, Inc. All Rights Reserved. equal opportunity housing logo   Privacy Policy

John Fitzsimons participates in ©2026 Maine Listings Internet Data Exchange program, allowing us to display other Maine IDX Participants' listings. This website does not display complete listings. Certain listings of other real estate brokerage firms have been excluded. Mortgage figures are estimates. Check with your bank or proposed mortgage company for actual interest rates. This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

Hi there! How can we help you?

Contact us using the form below or give us a call.

Send Us A Message:

I agree to receive marketing and customer service calls and text messages from John Fitzsimons. To opt out, you can reply 'stop' at any time or click the unsubscribe link in the emails. Consent is not a condition of purchase. Msg/data rates may apply. Msg frequency varies. Privacy Policy.

Do not fill in this field:

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.