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77 Fifth Street

Auburn, ME 04210
  • $315,000
  • STATUS: Active
  • MLS #: 1581630
UPDATED: 76 min ago
$315,000
  • 0
    BEDS
  • 0.23
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
  • 5,000
    SQFT
Type:
Multi-Family
Built:
1920
County:
Area:

School Ratings & Info

School District:
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Description

Excellent opportunity to own a 2 unit building in the heart of the city. Close to schools, stores and transportation this gives its future owner and their tenants a great location to be within minutes of all their needs. This building currently has three sources of income: the garage is rented out as a storage unit and both apartments are occupied with reliable tenants. The first floor apartment has fresh paint. The space above the garage is connected to the second story allowing a future remodel to be completed and adding to a seamless transition to the current living space. On the third floor you will see that it is vacant and has promising potential to be redesigned and added to the living space on the second floor maximizing rental income. In addition to the other possibilities, this place sits on just under a quarter of an acre, enticing for those who enjoy gatherings or plan to do a building expansion. Don't miss out on this chance to explore the possibilities this building could add to your investing goals!

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Maine Real Estate Information Systems logo
Listing data is derived in whole or in part from the Maine IDX & is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.
© 2024 Maine Real Estate Information System, Inc. All Rights Reserved. Data last updated: 2024-02-25T06:50:24.107.
www.thenewenglandreco.com/homes/147276061
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77 Fifth Street Auburn, ME 04210

  • Price: $315,000
  • Status: Active
  • On Site: Days
  • Updated: 76 min ago
  • MLS #: 1581630
0
Beds
2
Baths
0
½ Baths
0.23
Acres
5,000
SQFT
$63
$/SQFT
1920
Built
County:
Androscoggin
Area:
Auburn
School District:
Auburn Public Schools
Property Description
Excellent opportunity to own a 2 unit building in the heart of the city. Close to schools, stores and transportation this gives its future owner and their tenants a great location to be within minutes of all their needs. This building currently has three sources of income: the garage is rented out as a storage unit and both apartments are occupied with reliable tenants. The first floor apartment has fresh paint. The space above the garage is connected to the second story allowing a future remodel to be completed and adding to a seamless transition to the current living space. On the third floor you will see that it is vacant and has promising potential to be redesigned and added to the living space on the second floor maximizing rental income. In addition to the other possibilities, this place sits on just under a quarter of an acre, enticing for those who enjoy gatherings or plan to do a building expansion. Don't miss out on this chance to explore the possibilities this building could add to your investing goals!
Exterior Features

Architectural Style Multi-LevelNew Englander Attached Garage YN No Construction Materials CompositionClapboardWood Frame Foundation Details Brick/Mortar Garage YN Yes Lot Features Corner LotSidewalksIntownNear ShoppingNear Turnpike/InterstateNear Public Transit Other Structures Barn Parking Features 1 - 4 SpacesPavedStorage Patio And Porch Features Porch Road Surface Type Paved Roof FiberglassPitchedShingle Water View No Waterfront YN No

Interior Features

Above Grade Finished Area 2500 Basement BulkheadExterior Entry Below Grade Finished Area 2500 Cooling None Cooling YN No Flooring WoodVinylLaminate Heating Hot WaterBaseboard Heating YN Yes Interior Features AtticStorage Laundry Features Laundry - 1st FloorUpper LevelMain LevelWasher Hookup Wood Floors YN Yes

Property Features

Association YN No Electric Circuit Breakers Gross Income 21225 Land Lease YN No Operating Expense 8133.46 Property Seasonal No Sewer Public Sewer Tax Annual Amount 3406 Tax Year 2022 Utilities Utilities OnPole Water Source Public Zoning MF Urban

Maine Real Estate Information Systems logo Listing provided courtesy of Realty ONE Group - Compass: .

© 2024 Maine Real Estate Information System, Inc. All Rights Reserved.

Mortgage Calculator is provided by BoomTown.
Maine Real Estate Information Systems logo
Listing data is derived in whole or in part from the Maine IDX & is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.
© 2024 Maine Real Estate Information System, Inc. All Rights Reserved. Data last updated: 2024-02-25T06:50:24.107.
 
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