1949 Cape-style home offering opportunity for investors or owner-occupants seeking additional rental income. 3-unit property set on a spacious 0.5-acre lot at the end of a quiet dead-end street. The property features three existing units: a first-floor 2-bedroom, 1-bath; a second-floor 2-bedroom, 1-bath; and a lower-level 1-bedroom, 1-bath unit. A shared laundry area provides convenience for all tenants. Outside, enjoy a large yard and in-ground pool. The pool and pool house are in need of renovation but could be amazing! The expansive lot offers privacy and potential for outdoor enhancements. A standout feature is the detached 1,200 sq ft workshop/barn with an additional 1,200 sq ft walk out garage level below. Architectural plans have already been drafted to convert this structure into a 2,400 sq ft two-unit building--presenting a significant opportunity for expansion and increased rental income. Whether you're looking to grow your investment portfolio or create a multi-generational living setup, this property offers strong upside potential in a peaceful setting.
Listed By
Agency Name: The Real Estate Store
Agent Name: Elizabeth Marks
Agency Phone: 207-883-4327
Shown By
Agency Title: Better Homes and Gardens Real Estate The Masiello Group
Agency Phone: 800-741-1540
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Estimated Payment
$ 1,411.63 per month $888.00 Principal & Interest $407.25 Property Tax $116.38 Homeowner's Insurance
25 Eighth Street | MLS# 1660024
This multi-family property located at 25 Eighth Street, Auburn, ME 04210 is currently listed for sale with an asking price of $399,000. Search Auburn real estate on www.masiellogrouprealestate.com today.