247 Main Street

Auburn, ME 04210

$680,000
Price
14
Beds
8
Baths
5,079 Sq. Ft.
$134 / Sq. Ft.
5,079
Sq. Ft.
$134
per Sq. Ft.

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!
  1. Listed by Mark Pilot • Better Homes & Gardens Real Estate/The Masiello Group • markpilot@masiello.com

Property Details for 247 Main Street

Waterfront
No
ArchitecturalStyle
Multi-Level
Garage Spaces
.00
Garage
No
Zoning
T-4.1

Location

Listing Courtesy of Better Homes & Gardens Real Estate/The Masiello Group
Add your commute
LISTING UPDATED: 05/14/2024 04:24 PM

Property Details for 247 Main Street

StatusActive
MLS #1589229
Days on Market14
Taxes$6,024 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family
Year Built1920
Lot Size0.25 AC / 10,890 SF
CountyAndroscoggin County

Location

Listing Courtesy of 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

$4,213 per month

30 year fixed, 7.25% Interest

Principal and Interest

$3,711

Property Taxes

$502

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property 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

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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$54,000Additions$210,800Total$264,800
Tax Record2023$6,024 ($502 / 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.

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247 Main Street is a multi-family home for sale in Auburn, ME 04210. This property was listed for sale on May 7, 2024 by Better Homes & Gardens Real Estate/The Masiello Group, it's currently listed at $680,000. This listing's school district is Auburn Public Schools. Nearby schools include Sherwood Heights Elementary School, Auburn Middle School and Edward Little High School. 247 Main Street is a 14-bed, 8-bath, 5,079 sqft multi-family home built in 1920.

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 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.