164 Summer Street

164 Summer Street

Auburn, ME 04210

$385,000
Price
9
Beds
4
Baths
3,085 Sq. Ft.
$125 / Sq. Ft.
3,085
Sq. Ft.
$125
per Sq. Ft.
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Description

If you've been looking for an investment property, then look no further! This property would be a great addition to someone's portfolio or make an awesome owner occupied property. This large 3-Unit property offers large units with opportunity for expansion. Additionally, with some work and proper approvals, this property could be turned into a 4 unit property for additional rental income. There is a recently added common area laundry room for residents to use with easy access. Unit 2 was renovated...If you've been looking for an investment property, then look no further! This property would be a great addition to someone's portfolio or make an awesome owner occupied property. This large 3-Unit property offers large units with opportunity for expansion. Additionally, with some work and proper approvals, this property could be turned into a 4 unit property for additional rental income. There is a recently added common area laundry room for residents to use with easy access. Unit 2 was renovated by the previous owner only a few years ago and the current owner has continued to maintain the building. This property already has tenants in place with solid rents. There is plenty of off street parking available at the left side of the building for all tenants to use. Please allow 48 hour notice to tenants for all showings. Reach out today!
  1. Listed by Ryley Austin • Hearth & Key Realty • 207-577-2851

Property Details for 164 Summer Street

Waterfront
No
ArchitecturalStyle
Multi-Level, Other Style
Garage Spaces
.00
Garage
No
Zoning
MFU

Location

Listing Courtesy of Hearth & Key Realty
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LISTING UPDATED: 05/03/2024 04:35 PM

Property Details for 164 Summer Street

StatusActive
MLS #1583778
Days on Market42
Taxes$3,042 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family
Year Built1900
Lot Size0.20 AC / 8,712 SF
CountyAndroscoggin County

Location

Listing Courtesy of Hearth & Key Realty
Add your commute

Building Information for 164 Summer Street

Stories-Residences3Year Built1900Building Size-Lot Size0.20 AC / 8,712 SF

Payment Calculator

$2,355 per month

30 year fixed, 7.25% Interest

Principal and Interest

$2,101

Property Taxes

$254

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 164 Summer Street

Summary
Location and General Information
  • Road Surface Type: Paved
  • Town: Auburn
  • State/Province: ME
  • Zip Code: 04210
  • County: Androscoggin
  • Geo Latitude: 44.105866
  • Geo Longitude: -70.231657
  • Tax Lot: 124
  • Site:Level: Yes
  • Site:Open: Yes
  • Location:Intown: Yes
  • Location:Near Shopping: Yes
  • Location:Neighborhood: Yes
Parking
  • Parking Features: 5 - 10 Spaces, Gravel, Paved, On Site
  • Attached Garage: No
Taxes and HOA Information
  • Tax Book Number: 11285
  • Tax Map Number: 250
  • Tax Year: 2022
  • Parcel Number: AUBN-000250-000000-000124
  • Location Information:Association Y/N: No
  • Tax Annual Amount: $3,042.00
Property
Green Features
  • Energy Efficiency:90% Efficient Furnace: Yes
  • Energy Efficiency:Ceiling Fans: Yes
  • Energy Efficiency:Double Pane Windows: Yes
Heating and Cooling
  • Water Heater:Gas: Yes
  • Water Heater:Tankless: Yes
Lot Information
  • SqFt Finished Below Grade: 0.0
  • SqFt Finished Above Grade: 3085.0
  • Lot Size Acres: 0.2
  • Source of Acreage: Public Records
  • Building Area Total: 3085.0
  • Lot Size Area: 0.2
  • Lot Size Units: Acres
  • Lot Size Square Feet: 8712.0
  • Bathrooms Full: 4
  • Bathrooms Half: 0
  • Street Number: 164
  • Property Information:Surveyed: Unknown
  • Property Information:Seasonal: No
  • Property Information:Deed/Conveyance Type Offered: Warranty
  • Property Information:Deed: All
  • Property Information:Deed Restrictions: Unknown
  • Property Information:Total Half Baths: .00
Parking
  • Driveway:Gravel: Yes
  • Driveway:Paved: Yes
Property and Assessments
  • Documents Available: Other Member Only
  • Leased Land: No
  • Property Type: Multi-Family
  • Property Type Label: Multi-Family
  • Year Built: 1900
Utilities
  • Electric: On Site, Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities:Utilities On: Yes
  • Gas:Natural - On Site: Yes
Interior and Exterior Features
Exterior Features
  • Construction Materials: Vinyl Siding, Wood Frame
  • Vehicle Storage:No Vehicle Storage: Yes
  • Roof: Shingle
  • Patio and Porch Features:Porch: Yes
Interior Features
  • Basement: Partial, Interior Entry, Unfinished
  • Flooring: Vinyl, Laminate
  • Interior Features: Bathtub, One-Floor Living, Shower
  • Cooling: None
  • Heating: Multi-Zones, Hot Water, Direct Vent Furnace, Baseboard
  • Foundation Details: Block, Stone
  • Laundry Features: Laundry - 1st Floor, Main Level, Washer Hookup
  • Bathrooms Total (Integer): 4
  • Bathrooms Total (Decimal): 4.00
  • Bathrooms Total (Notational): 4.00
  • Cooling YN: No
  • Heating YN: Yes
Multi Family
Income & Expenses Information
  • Gross Income: $50,400.00
  • Operating Expenses: $7,422.00
Multi-Family Information
  • Number of Units: 3
Unit 1
  • Unit 1:Lease: Yes
  • Unit 1:Level: First
  • Unit 1:Security Deposit: Yes
  • Unit 1:Monthly Rent: $1,600.00
  • Unit 1:# Full Baths: 1.00
  • Unit 1:# of Half Baths: .00
  • Unit 1:# of Rooms: 6.00
  • Unit 1:# of Bedrooms: 3.00
  • 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: Yes
Unit 2
  • Unit 2:Lease: Yes
  • Unit 2:Level: Second
  • Unit 2:Security Deposit: Yes
  • Unit 2:Monthly Rent: $1,400.00
  • Unit 2:# Full Baths: 2.00
  • Unit 2:# Half Baths: .00
  • Unit 2:# of Rooms: 8.00
  • Unit 2:# of Bedrooms: 4.00
  • 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: First
  • Unit 3:Security Deposit: Yes
  • Unit 3:Monthly Rent: $1,400.00
  • Unit 3:# Full Baths: 1.00
  • Unit 3:# Half Baths: .00
  • Unit 3:# of Rooms: 5.00
  • 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 Information
  • Units:# of 1 BD Units: 0
  • Units:# of 2 BD Units: 1
  • Units:# of 3 BD Units: 1
  • Units:# of 4+ BD Units: 1

Property History for 164 Summer Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 164 Summer Street

Taxable ValueLand$31,100Additions$136,000Total$167,100
Tax Record2023$3,802 ($317 / month)
Home Facts
Baths3Total Finished SqFt2,631 SqFtAbove Grade Finished SqFt2,631 SqFtStories2Lot Size8,712 SqFtStyleTriplexYear Built1900CountyANDROSCOGGINAPNAUBN M:250 L:124

Schools near 164 Summer Street

This home is within Auburn Public Schools.
Rating
School
Type
Grades
Distance
Washburn School
Public - PK to 6
Auburn Middle School
Public - 7 to 8
Edward Little High School
Public - 9 to 12
Margaret Murphy Center For Children-Charles
Private - 1 to 8
Rating
School
Distance
Washburn School
PublicPK to 6

Auburn Middle School
Public7 to 8

Edward Little High School
Public9 to 12

Margaret Murphy Center For Children-Charles
Private1 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.

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More information about 164 Summer Street, Auburn, ME 04210

164 Summer Street is a multi-family home for sale in Auburn, ME 04210. This property was listed for sale on March 9, 2024 by Hearth & Key Realty, it's currently listed at $385,000. It has been on the market for a total of 42 days and was last sold on January 3, 2023. This listing's school district is Auburn Public Schools. Nearby schools include Washburn School, Auburn Middle School and Edward Little High School. 164 Summer Street is a 9-bed, 4-bath, 3,085 sqft multi-family home built in 1900.

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 expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Hearth & Key Realty

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.