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About This Home

This 0-bedroom, 5-bathroom residential multi family at 2 Oak Street in Auburn, ME is listed for $594,900 ($259 per sqft). Built in 1920, the home offers 2,296 sqft of living space on a 0.11 acres lot.

Agent 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 property Approximately 9.5% cap rate Strong income-producing asset Located in the sought-after Lewiston-Auburn market Excellent addition to an established portfolio Great opportunity for first-time investors Strong rental demand and long-term growth potential Don'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.

Key Features

  • Built in 1920
  • 0.11 acre lot
  • 2 stories

Property Details

2 stories
5 full
1920

Monthly Cost Estimate

$3,182/mo

20% down · 6.5% · 30 years

Principal$430
Interest$2,578
Insurance$174

Estimates only. Actual payments may vary.

Location

2 Oak Street

Auburn, ME 04210

Property Details

Flooring

VinylCarpet

Construction

Wood Frame Vinyl Siding

Parking

Off Street

Heating

Hot Water(Heating)BaseboardOil

Questions & Answers

This 0-bedroom, 5-bathroom residential multi family at 2 Oak Street is listed at $594,900 ($259/sqft). The estimated monthly payment is $2,578 based on 20% down at 6.5% interest.

Key features include: Built in 1920, 0.11 acre lot, 2 stories.

This property is listed by Kyle McCarthy and can be reached at 3392365172 or kyle.mccarthy@exprealty.com.

KM

Kyle McCarthy

Agent at EXP Realty

(339) 236-5172

Listed by EXP Realty · View on Broker Site

MLS# 1665220· Source: listhub· Updated today

Copyright © 2026 Maine Listings. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

2 Oak Street, Auburn, ME 04210

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