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25 Eighth Street, Auburn, ME 04210

$399,000
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Active
BATHS3 full SQUARE FEET2,464 MLS#1660024
STATUSActive PROPERTY TYPEMulti Unit - Multiple

Property Description

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.

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.

Property Features

Property Type: Multi Unit - Multiple
Basement: Exterior Entry, Interior Entry
Heating: Baseboard
Home Style: Cape Cod
Lot Size: 0.51 Acres
Roof Type: Shingle
Taxes: $4,887
Year Built: 1949

Feature Descriptions

Electric: Circuit Breakers, Generator Hookup
Flooring: Carpet, Hardwood, Linoleum
Sewer: Public Sewer
SQ FT Above Grade: 1440
SQ FT Below Grade: 1024
Water: Public

Listed By / Shown By

Listed By

Agency Name: The Real Estate Store
Agent Name: Elizabeth Marks
Agency Phone: 207-883-4327

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Estimated Payment

$ 1,411.63 per month $888.00 Principal & Interest $407.25 Property Tax $116.38 Homeowner's Insurance

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