About This Home

This 0-bedroom, 3-bathroom residential multi family at 48 Drummond Street in Auburn, ME is listed for $349,000 ($140 per sqft). Built in 1880, the home offers 2,500 sqft of living space on a 0.16 acres lot.

Key Features

  • Built in 1880
  • 0.16 acre lot
  • 2 stories

Property Details

2 stories
3 full
3-car garage
1880
Listing Description

Whether you're searching for your first investment property or looking to make homeownership more affordable, this versatile two-unit offers exceptional opportunity. Conveniently located in Auburn, you'll enjoy easy access to downtown, shopping, restaurants, parks, and major commuter routes, making it an attractive option for both owner-occupants and tenants.

The property features two spacious units, an attached garage for parking or storage, and the convenience of public water and public sewer. Live in one unit while rental income from the other helps offset your mortgage, taxes, and monthly expenses--a great option for first-time investors or buyers looking to build wealth through real estate.

Prefer a single-family home? The flexible layout also offers the potential to convert the property into one large residence for multi-generational living or extra space. Whether you're expanding your investment portfolio or purchasing your first income-producing property, this home offers flexibility, affordability, and endless potential.

Monthly Cost Estimate

$1,867/mo

20% down · 6.5% · 30 years

Principal$252
Interest$1,512
Insurance$102

Estimates only. Actual payments may vary.

Location

48 Drummond Street

Auburn, ME 04210

Features & Amenities

Interior Features

1st Floor BedroomAtticBathtubPantryShower

Property Details

Flooring

CarpetWoodVinyl

Construction

Wood Frame Vinyl Siding

Outdoor Features

Porch

Parking

OpenOff Street

Heating

Forced AirNatural Gas

Questions & Answers

This 0-bedroom, 3-bathroom residential multi family at 48 Drummond Street is listed at $349,000 ($140/sqft). The estimated monthly payment is $1,867 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1880, 0.16 acre lot, 2 stories. Interior Features: 1st Floor Bedroom, Attic, Bathtub.

This property is listed by Demetris Webster Jr.

DJ

Demetris Webster Jr

Agent at One Five Enterprises LLC d/b/a Pooley Realty Group

Listed by One Five Enterprises LLC d/b/a Pooley Realty Group · Broker phone: (207) 504-6173 · View on Broker Site · Broker website

MLS# 1674794· Source: Maine Listings· 5 days on PropertySimple

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48 Drummond Street, Auburn, ME 04210

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