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Multi-FamilyMEAuburn04210198 Summer Street, Auburn, ME, 04210

198 Summer Street, Auburn, ME, 04210

198 Summer Street, Auburn, ME, 04210
3 baths
$500,000
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Basics

  • Date added: Added 4 months ago
  • Category:
  • Status:
  • Bathrooms: 3
  • Lot size: 0.18 sq ft
  • Year built: 1902
  • Bathrooms Full: 3
  • Lot Size Acres: 0.18 acres
  • Zoning: T4.2
  • County: Androscoggin
  • MLS ID: 1639969

Description

  • Description:

    Spacious 3-Unit Apartment Building - Great Investment Opportunity! 🏡💼

    Welcome to this well-cared-for 3-unit apartment building offering roomy 2-bedroom layouts, hardwood floors, and warm, inviting spaces throughout. Each unit has a functional design with large living areas, natural light, and plenty of charm. Two units feature washer and dryer hookups, and two offer efficient Rinnai backup heating systems — perfect for Maine winters!

    Tenants enjoy the convenience of natural gas heat, ample off-street parking, and individual storage rooms for each unit. The building has been thoughtfully maintained, with a new heating system (approx. 5 years old) and a roof just 7 years old, providing peace of mind for years to come.

    All three units are currently rented on a month-to-month basis, making this property ideal for both investors and those looking for an owner-occupied opportunity.

    You'll love the central location — just minutes from shopping malls, hospitals, restaurants, and easy highway access. This property blends practicality with potential, offering comfort for tenants and reliable income for owners.

    Whether you're adding to your portfolio or searching for your first investment, this multi-unit has the space, updates, and location that make it a smart choice. Don't miss your chance to own a solid property with lasting value!

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Location

Building Details

  • Building Area Total: 3935 sq ft
  • Number Of Units Total: 3
  • Construction Materials: Wood Siding, Wood Frame
  • Architectural Style: New Englander
  • Sewer: Public Sewer
  • Heating: Direct Vent Heater, Baseboard
  • StoriesTotal: 3
  • Stories: 3
  • Roof: Shingle
  • Foundation Details: Brick/Mortar
  • Levels: Multi-Level
  • Basement: , , ,

Amenities & Features

  • Laundry Features: Washer Hookup
  • Electric: Circuit Breakers
  • Flooring: Vinyl, Carpet
  • Fencing: Fenced
  • Parking Features: 5 - 10 Spaces, Paved, On Site
  • WaterSource: Public
  • Lot Features: Well Landscaped, Level, Sidewalks, Intown, Near Golf Course, Neighborhood, Shopping Mall, Ski Resort
  • Patio And Porch Features: Deck, Porch
  • Fireplaces Total: 0
  • Cooling: None

Fees & Taxes

  • Gross Income: $50,400

Miscellaneous

  • Road Surface Type: Paved
  • Attribution Contact: Toni@Ferraro-Realty.com

Courtesy of

  • List Office Name: Ferraro Realty LLC

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Office: 207-942-6310

458 Main Street
Bangor, ME
LICENSE #BA928013
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