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Multi-FamilyMEAuburn0421027-31 Drummond Street, Auburn, ME, 04210

27-31 Drummond Street, Auburn, ME, 04210

27-31 Drummond Street, Auburn, ME, 04210
5 baths
$750,000
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Basics

  • Date added: Added 2 weeks ago
  • Category:
  • Status:
  • Bathrooms: 5
  • Lot size: 0.24 sq ft
  • Year built: 1888
  • Bathrooms Full: 4
  • Lot Size Acres: 0.24 acres
  • Zoning: Traditional Downtown
  • County: Androscoggin
  • MLS ID: 1656679

Description

  • Description:

    Unique multi-structure investment opportunity on a single parcel in Auburn. The property features a two-unit dwelling and a newly constructed single-family residence completed this year. The newly built single-family home offers 4 bedrooms and 2.5 bathrooms, presenting a turn-key option for an owner-occupant or a high-value rental asset with new construction efficiencies.

    The adjacent two-unit building is designed for high-occupancy rental income, consisting of a 5-bedroom upper unit and a 3-bedroom lower unit. Both units feature expansive floor plans and established rental history.

    This asset is an ideal entry-point for a first-time homebuyer looking to offset a mortgage or an investor seeking a diversified residential portfolio in a central location.

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Location

Building Details

  • Building Area Total: 7466 sq ft
  • Number Of Units Total: 3
  • Construction Materials: Vinyl Siding, Wood Frame
  • Architectural Style: Victorian
  • Sewer: Public Sewer
  • Heating: Hot Water, Forced Air
  • Stories: 2
  • Roof: Flat
  • Foundation Details: Concrete Perimeter, Brick/Mortar
  • Levels: Multi-Level
  • Basement: , , ,

Amenities & Features

  • Laundry Features: Washer Hookup
  • Electric: Circuit Breakers
  • Flooring: Vinyl, Laminate
  • Parking Features: 1 - 4 Spaces, Common
  • WaterSource: Public
  • Interior Features: Storage
  • Lot Features: Level, Sidewalks, Intown, Near Shopping, Near Turnpike/Interstate, Neighborhood, Near Public Transit
  • Cooling: None, Heat Pump

Fees & Taxes

  • Gross Income: $51,600

Miscellaneous

  • Road Surface Type: Paved

Courtesy of

  • List Office Name: Keller Williams Realty

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Bangor, ME 04401
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