Welcome to this fantastic two-family duplex on Pakachoag Hill in desirable Auburn! Offering an exceptional opportunity for owner-occupants, investors, multigenerational living, or anyone looking to turn their housing expense into an investment, this property offers flexibility, income potential, and room to enjoy. Each unit features one bedroom, one full bath, and an open kitchen, living, and dining area, providing comfortable, manageable living spaces with excellent rental appeal. Prior to the owners beginning updates and clearing out both units, each was occupied by long-term, month-to-month tenants paying $1,600 per month??below current market value. For the owner-occupant, imagine enjoying one side as your own home while rental income from the second unit helps offset your mortgage payment. Instead of paying rent without building equity, you have the opportunity to put your housing dollars toward ownership and begin building wealth. Prefer to rent both units? The potential rental income from both apartments could provide an attractive return and help cover monthly carrying costs. Or perhaps multigenerational living is what you need? This property offers many possibilities! Situated on nearly half an acre, the property also offers plenty of outdoor space to relax, entertain, and enjoy the warmer months. Make the most of the patio and spacious yard??perfect for outdoor dining, a fire pit for gathering with friends on summer evenings, or even consider adding a screened-in portable gazebo for comfortable outdoor enjoyment. There's room to create your own backyard retreat, so bring your ideas! Additional highlights include town water and sewer, adding convenience and peace of mind. Conveniently located with easy access to major highways, commuting is a breeze. The property is also within walking distance of the Pappas Recreation Complex, featuring athletic fields, playgrounds, a dog park, hiking trails, and more. Auburn offers a welcoming community, convenient shopping, a variety of dining options, and nearby golf and recreational opportunities. Whether you're looking for your first investment property, a smart owner-occupied purchase, or an income-producing addition to your portfolio, this duplex offers flexibility, outdoor space, convenience, and excellent potential in a desirable Auburn location. Don't miss this opportunity!
Listed By
Agency Name: Michael Toomey & Associates, Inc.
Agent Name: Maryellen Brunelle
Agency Phone: 508-867-2800
Shown By
Agency Title: Better Homes and Gardens Real Estate The Masiello Group
Agency Phone: 800-741-1540
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Estimated Payment
$ 1,525.24 per month $956.77 Principal & Interest $443.08 Property Tax $125.39 Homeowner's InsuranceIf the email address was found in our system, your password has been sent. Please check your inbox.
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295 Pakachoag Street | MLS# 73601395
This multi-family property located at 295 Pakachoag Street, Auburn, MA 01501 is currently listed for sale with an asking price of $429,900. Search Auburn real estate on www.masiellogrouprealestate.com today.