2 Oak Street , Auburn, ME 04210

$594,900
  • 2 Oak Street , Auburn, ME 04210 Main Photo

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New to the Market Active
BEDS0 BATHS5 full SQUARE FEET4,592 MLS#1665220
STATUSActive PROPERTY TYPEMulti Unit - Multiple

Property Description

Looking to grow your investment portfolio or purchase your first income-producing property? This 5-unit multifamily offers a rare opportunity in the highly desirable Lewiston-Auburn rental market. With a strong cap rate of approximately 9.5%, this property delivers the cash flow and long-term investment potential that today's investors are seeking.Located in a high-demand rental area, 2 Oak Street benefits from Auburn's continued growth and strong tenant demand. Whether you're an experienced investor looking to expand your holdings or a new investor searching for a solid entry point into multifamily ownership, this property checks all the boxes.Property Highlights:5-unit multifamily investment propertyApproximately 9.5% cap rateStrong income-producing assetLocated in the sought-after Lewiston-Auburn marketExcellent addition to an established portfolioGreat opportunity for first-time investorsStrong rental demand and long-term growth potentialDon't miss your chance to own a multifamily property in one of Central Maine's most active investment markets. Opportunities with this level of return and location appeal are becoming increasingly difficult to find.Income and expense figures available upon request. Buyers are encouraged to perform their own due diligence regarding financial projections and cap rate calculations.

2 Oak Street | MLS# 1665220

This multi-family property located at 2 Oak Street , Auburn, ME 04210 is currently listed for sale with an asking price of $594,900. Search Auburn real estate on www.spragueandcurtis.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Exterior Entry, Interior Entry, Full, Unfinished
Basement: Yes
Heating: Oil, Baseboard, Hot Water
Home Style: Other
Lot Size: 0.11 Acres
Roof Type: Shingle
Taxes: $7,296
Year Built: 1920

Feature Descriptions

Amenities: Laundry - Coin
Electric: Circuit Breakers
Exterior: Wood Frame, Vinyl Siding
Flooring: Carpet, Vinyl
Foundation: Stone, Brick/Mortar
Lot: Intown, Level, Open Lot
Parking: Paved,1 - 4 Spaces, Off Street
Sewer: Public Sewer
SQ FT Above Grade: 4592
SQ FT Below Grade: 0
Water: Public

Listed By / Shown By

Listed By

Agency Name: EXP Realty
Agency Phone: 888-439-8743

Shown By

Agency Title: Sprague and Curtis Real Estate
Agency Phone: 207-623-1123

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Estimated Payment

$ 2,105.50 per month $1,323.99 Principal & Interest $608.00 Property Tax $173.51 Homeowner's Insurance

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