247 Main St
Closed 8/26/24
Closed 8/26/24
Description
Fantastic Opportunity in the Heart of Auburn. 8 units with solid rental history. Building was gutted and remodeled several years ago and has been well maintained and in the same ownership for years. Walking distance to all downtown community festivities and activities. Ample off street parking by permit. Some unit rent increases are in place for June 2024 to better enhance your cash flow. Build your future with a great Auburn Offering!Fantastic Opportunity in the Heart of Auburn. 8 units with solid rental history. Building was gutted and remodeled several years ago and has been well maintained and in the same ownership for years. Walking distance to all downtown community festivities and activities. Ample off street parking by permit. Some unit rent increases are in place for June 2024 to better enhance your cash flow. Build your future with a great Auburn Offering!
- Listed by Mark Pilot • Better Homes & Gardens Real Estate/The Masiello Group • markpilot@masiello.com
Property Details for 247 Main Street
Waterfront
No
ArchitecturalStyleMulti-Level
Garage Spaces.00
GarageNo
ZoningT-4.1
LISTING UPDATED: 08/26/2024 03:00 PM
Property Details for 247 Main Street
| Status | Closed |
|---|---|
| MLS # | 1589229 |
| Days on Market | 32 |
| Taxes | $6,024 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Multi-Family |
| Year Built | 1920 |
| Lot Size | 0.25 AC / 10,890 SF |
| County | Androscoggin County |
Location
Listing Courtesy of Better Homes & Gardens Real Estate/The Masiello Group
Sold By Better Homes & Gardens Real Estate/The Masiello Group
Add your commute
Building Information for 247 Main Street
Stories-Residences8Year Built1920Building Size-Lot Size0.25 AC / 10,890 SF
Payment Calculator
$3,800 per month
30 year fixed, 6.46% Interest
Principal and Interest
$3,298
Property Taxes
$502
HOA Dues
$0
The Payment Calculator is for illustrative purposes only.
Know your buying power with a preapproval and custom rate in minutes
1Property Information for 247 Main Street
Summary
Location and General Information
- Road Surface Type: Paved
- Zip Code: 5726
- Directions: GPS friendly...Main Street Auburn....near Academy.
- Town: Auburn
- State/Province: ME
- Zip Code: 04210
- County: Androscoggin
- Geo Latitude: 44.093186
- Geo Longitude: -70.226385
- Tax Lot: 5
- Site:Level: Yes
- Site:Sidewalks: Yes
- Location:Intown: Yes
- Location:Near Shopping: Yes
- Transportation:Public Transport Access: Yes
Parking
- Parking Features: 5 - 10 Spaces, Gravel
- Attached Garage: No
Taxes and HOA Information
- Tax Book Number: 11323
- Tax Map Number: 231
- Tax Year: 2023
- Parcel Number: AUBN-000231-000000-000005
- Location Information:Association Y/N: No
- Tax Annual Amount: $6,024.00
Property
Heating and Cooling
- Water Heater:Off Heating System: Yes
Lot Information
- SqFt Finished Below Grade: 0.0
- SqFt Finished Above Grade: 5079.0
- Lot Size Acres: 0.25
- Source of Acreage: Public Records
- Building Area Total: 5079.0
- Lot Size Area: 0.25
- Lot Size Units: Acres
- Lot Size Square Feet: 10890.0
- Bathrooms Full: 8
- Bathrooms Half: 0
- Street Number: 247
- Property Information:Surveyed: Unknown
- Property Information:Seasonal: No
- Property Information:Owner Occupied: No
- Property Information:Short Sale Continue to Show: No
- Property Information:Deed/Conveyance Type Offered: Warranty
- Property Information:Deed: All
- Property Information:Deed Restrictions: Unknown
- Property Information:Bank Owned REO: No
- Property Information:2 Detached Houses on 1 Lot: No
- Property Information:Total Half Baths: .00
- Property Information:Color: tan
Parking
- Driveway:Gravel: Yes
Property and Assessments
- Documents Available: Property Disclosure Public Access, Lead Paint Addendum Public Access
- Leased Land: No
- Property Type: Multi-Family
- Property Type Label: Multi-Family
- Year Built: 1920
Utilities
- Electric: Circuit Breakers
- Sewer: Yes
- Water Source: Public
- Utilities:Utilities On: Yes
- Gas:Natural - On Site: Yes
Interior and Exterior Features
Exterior Features
- Construction Materials: Asbestos, Wood Frame
- Vehicle Storage:No Vehicle Storage: Yes
- Roof: Shingle
Interior Features
- Basement: Full, Interior Entry, Unfinished
- Flooring: Wood, Vinyl, Carpet
- Cooling: None
- Heating: Baseboard
- Bathrooms Total (Integer): 8
- Bathrooms Total (Decimal): 8.00
- Bathrooms Total (Notational): 8.00
- Cooling YN: No
- Heating YN: Yes
Multi Family
Income & Expenses Information
- Gross Income: $91,054.00
- Operating Expenses: $22,273.00
Multi-Family Information
- Number of Units: 8
Unit 1
- Unit 1:Lease: Yes
- Unit 1:Level: First
- Unit 1:Security Deposit: Yes
- Unit 1:Monthly Rent: $950.00
- Unit 1:# Full Baths: 1.00
- Unit 1:# of Half Baths: .00
- Unit 1:# of Rooms: 4.00
- Unit 1:# of Bedrooms: 2.00
- Unit 1:Dedicated Electric Meter: Yes
- Unit 1:Dedicated Gas Meter: No
- Unit 1:Dedicated Water Heater: No
- Unit 1:Electric: No
- Unit 1:Heat: Yes
- Unit 1:Range: Yes
- Unit 1:Refrigerator: Yes
- Unit 1:Sewer: Yes
- Unit 1:Water: No
Unit 2
- Unit 2:Lease: Yes
- Unit 2:Level: First
- Unit 2:Security Deposit: Yes
- Unit 2:Monthly Rent: $950.00
- Unit 2:# Full Baths: 1.00
- Unit 2:# Half Baths: .00
- Unit 2:# of Rooms: 4.00
- Unit 2:# of Bedrooms: 2.00
- Unit 2:Dedicated Electric Meter: Yes
- Unit 2:Dedicated Gas Meter: No
- Unit 2:Dedicated Water Heater: No
- Unit 2:Electric: No
- Unit 2:Heat: Yes
- Unit 2:Range: Yes
- Unit 2:Refrigerator: Yes
- Unit 2:Sewer: Yes
- Unit 2:Water: Yes
Unit 3
- Unit 3:Lease: Yes
- Unit 3:Level: Second
- Unit 3:Security Deposit: Yes
- Unit 3:Monthly Rent: $1,000.00
- Unit 3:# Full Baths: 1.00
- Unit 3:# Half Baths: .00
- Unit 3:# of Rooms: 4.00
- Unit 3:# of Bedrooms: 2.00
- Unit 3:Dedicated Electric Meter: Yes
- Unit 3:Dedicated Gas Meter: No
- Unit 3:Dedicated Water Heater: No
- Unit 3:Electric: No
- Unit 3:Heat: Yes
- Unit 3:Range: Yes
- Unit 3:Refrigerator: Yes
- Unit 3:Sewer: Yes
- Unit 3:Water: Yes
Unit 4
- Unit 4:Lease: Yes
- Unit 4:Level: Third
- Unit 4:Security Deposit: Yes
- Unit 4:Monthly Rent: $1,206.00
- Unit 4:# Full Baths: 1.00
- Unit 4:# Half Baths: .00
- Unit 4:# of Rooms: 4.00
- Unit 4:# of Bedrooms: 2.00
- Unit 4:Dedicated Electric Meter: Yes
- Unit 4:Dedicated Gas Meter: No
- Unit 4:Dedicated Water Heater: No
- Unit 4:Electric: No
- Unit 4:Heat: Yes
- Unit 4:Range: Yes
- Unit 4:Refrigerator: Yes
- Unit 4:Water: Yes
Unit 5
- Unit 5:Lease: Yes
- Unit 5:Level: Second
- Unit 5:Security Deposit: Yes
- Unit 5:Monthly Rent: $1,025.00
- Unit 5:# Full Baths: 1.00
- Unit 5:# Half Baths: .00
- Unit 5:# of Rooms: 4.00
- Unit 5:# of Bedrooms: 2.00
- Unit 5:Dedicated Electric Meter: Yes
- Unit 5:Dedicated Gas Meter: No
- Unit 5:Dedicated Water Heater: No
- Unit 5:Electric: No
- Unit 5:Heat: Yes
- Unit 5:Range: Yes
- Unit 5:Refrigerator: Yes
- Unit 5:Sewer: Yes
- Unit 5:Water: Yes
Unit 6
- Unit 6:Lease: Yes
- Unit 6:Level: Third
- Unit 6:Security Deposit: Yes
- Unit 6:Monthly Rent: $875.00
- Unit 6:# Full Baths: 1.00
- Unit 6:# Half Baths: .00
- Unit 6:# of Rooms: 3.00
- Unit 6:# of Bedrooms: 1.00
- Unit 6:Dedicated Electric Meter: Yes
- Unit 6:Dedicated Gas Meter: No
- Unit 6:Dedicated Water Heater: No
- Unit 6:Electric: No
- Unit 6:Heat: Yes
- Unit 6:Range: Yes
- Unit 6:Refrigerator: Yes
- Unit 6:Sewer: Yes
- Unit 6:Water: Yes
Unit 7
- Unit 7:Lease: No
- Unit 7:Level: First
- Unit 7:Security Deposit: Yes
- Unit 7:Monthly Rent: $1,330.00
- Unit 7:# Full Baths: 1.00
- Unit 7:# Half Baths: .00
- Unit 7:# of Rooms: 5.00
- Unit 7:# of Bedrooms: 2.00
- Unit 7:Dedicated Electric Meter: Yes
- Unit 7:Dedicated Gas Meter: No
- Unit 7:Dedicated Water Heater: No
- Unit 7:Electric: No
- Unit 7:Heat: Yes
- Unit 7:Range: Yes
- Unit 7:Refrigerator: Yes
- Unit 7:Sewer: Yes
- Unit 7:Water: Yes
Unit 8
- Unit 8:Lease: Yes
- Unit 8:Level: Second
- Unit 8:Security Deposit: Yes
- Unit 8:Monthly Rent: $1,000.00
- Unit 8:# Full Baths: 1.00
- Unit 8:# Half Baths: .00
- Unit 8:# of Rooms: 4.00
- Unit 8:# of Bedrooms: 1.00
- Unit 8:Dedicated Electric Meter: Yes
- Unit 8:Dedicated Gas Meter: No
- Unit 8:Dedicated Water Heater: No
- Unit 8:Electric: No
- Unit 8:Heat: Yes
- Unit 8:Range: Yes
- Unit 8:Refrigerator: Yes
- Unit 8:Sewer: Yes
- Unit 8:Water: Yes
Unit Information
- Units:# of 1 BD Units: 2
- Units:# of 2 BD Units: 6
- Units:# of 3 BD Units: 0
- Units:# of 4+ BD Units: 0
Property History for 247 Main Street
| Date | Event & Source | Price | Appreciation |
|---|---|---|---|
| Aug 26, 2024 | Sold (Public Record) Public Record #1539514354 | $655,000 | — |
| Aug 26, 2024 | Sold Maine Listings #1589229 | $655,000 | — |
| Jul 2, 2024 | Pending Maine Listings #1589229 | — | |
| Jun 30, 2024 | Active Under Contract Maine Listings #1589229 | — | |
| May 31, 2024 | Pending Maine Listings #1589229 | — | |
| May 31, 2024 | Active Under Contract Maine Listings #1589229 | — | |
| May 7, 2024 | Listed (Active) Maine Listings #1589229 | $680,000 | — |
| Mar 1, 2023 | Expired Maine Listings #1521804 | $2,900,000 | — |
| Mar 1, 2023 | Expired Maine Listings #1521886 | $2,900,000 | — |
| Apr 27, 2022 | Withdrawn Maine Listings #1521804 | $2,900,000 | — |
| Mar 15, 2022 | Listed (Active) Maine Listings #1521804 | $2,900,000 | — |
| Mar 15, 2022 | Listed (Active) Maine Listings #1521886 | $2,900,000 | — |
| Date | Event & Source | Price |
|---|---|---|
| 08/26/2024 | Sold (Public Record) Public Record #1539514354 | $655,000 |
| 08/26/2024 | Sold Maine Listings #1589229 | $655,000 |
| 07/02/2024 | Pending Maine Listings #1589229 | — |
| 06/30/2024 | Active Under Contract Maine Listings #1589229 | — |
| 05/31/2024 | Pending Maine Listings #1589229 | — |
| 05/31/2024 | Active Under Contract Maine Listings #1589229 | — |
| 05/07/2024 | Listed (Active) Maine Listings #1589229 | $680,000 |
| 03/01/2023 | Expired Maine Listings #1521804 | $2,900,000 |
| 03/01/2023 | Expired Maine Listings #1521886 | $2,900,000 |
| 04/27/2022 | Withdrawn Maine Listings #1521804 | $2,900,000 |
| 03/15/2022 | Listed (Active) Maine Listings #1521804 | $2,900,000 |
| 03/15/2022 | Listed (Active) Maine Listings #1521886 | $2,900,000 |
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 247 Main Street
Taxable ValueLand$60,800Additions$237,200Total$298,000
Tax Record2025$6,818 ($568 / month)
Home Facts
Baths8Total Finished SqFt5,080 SqFtAbove Grade Finished SqFt5,080 SqFtUnfinished Basement SqFt2,289 SqFtStories2Lot Size7,841 SqFtStyleMulti-Family Res (5+ Units)Year Built1920CountyANDROSCOGGINAPNAUBN M:231 L:005
Schools near 247 Main Street
This home is within Auburn Public Schools.
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | PK to 6 | |||
| Public - | 7 to 8 | |||
| Public - | 9 to 12 | |||
| Private - | PK to 8 |
Rating | School | Distance |
|---|---|---|
Sherwood Heights Elementary School PublicPK to 6 | ||
Auburn Middle School Public7 to 8 | ||
Edward Little High School Public9 to 12 | ||
St. Peter and Sacred Heart School PrivatePK to 8 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
Similar Homes
Similar Sold Homes
Explore Nearby Homes
- Downtown Auburn Homes for Sale
- Downtown Lewiston Homes for Sale
- New Auburn Homes for Sale
- Union Street Homes for Sale
- Bleachery Hill Homes for Sale
- Webster Street Homes for Sale
- Main Street-Frye Street Historic District Homes for Sale
- Franklin Pasture Homes for Sale
- Geiger School Homes for Sale
- Marcotte Park Homes for Sale
- Sabattus Crossroads Homes for Sale
- Lakes & Mountains Homes for Sale
- Pond Road Homes for Sale
- Oxford Center Homes for Sale
- Cumberland Homes for Sale
- Durham Homes for Sale
- Auburn Homes for Sale
- Turner Homes for Sale
- Poland Homes for Sale
- New Gloucester Homes for Sale
- Minot Homes for Sale
- Lewiston Homes for Sale
- Greene Homes for Sale
- Lisbon Homes for Sale
- Hebron Homes for Sale
- Pownal Homes for Sale
- Mechanic Falls Homes for Sale
- Buckfield Homes for Sale
- Sabattus Homes for Sale
- Lisbon Falls Homes for Sale
- 04240 Homes for Sale
- 04274 Homes for Sale
- 04260 Homes for Sale
- 04222 Homes for Sale
- 04236 Homes for Sale
- 04258 Homes for Sale
- 04282 Homes for Sale
- 04250 Homes for Sale
- 04238 Homes for Sale
- 04069 Homes for Sale
- 04256 Homes for Sale
- 04220 Homes for Sale
- 04280 Homes for Sale
- 04252 Homes for Sale
- 04270 Homes for Sale
No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.
Listing Courtesy of Better Homes & Gardens Real Estate/The Masiello Group
Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. © 2022 Maine Real Estate Information System, Inc. All Rights Reserved.
