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About This Home
This 0-bedroom, 3-bathroom residential multi family at 25 Eighth Street in Auburn, ME is listed for $386,000 ($157 per sqft). Built in 1949, the home offers 2,464 sqft of living space on a 0.51 acres lot.
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.
Key Features
- Built in 1949
- 0.51 acre lot
Property Details
Amenities
Monthly Cost Estimate
$2,064/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
25 Eighth Street
Auburn, ME 04210
Property Details
Flooring
Construction
Pool Features
Heating
Questions & Answers
This 0-bedroom, 3-bathroom residential multi family at 25 Eighth Street is listed at $386,000 ($157/sqft). The estimated monthly payment is $1,673 based on 20% down at 6.5% interest.
Key features include: Built in 1949, 0.51 acre lot.
This property is listed by Elizabeth Marks and can be reached at 2073326210 or Liz@tresmaine.com.
