About this home
Excellent opportunity to own a well-located six-unit multifamily property in Auburn, Maine. This versatile investment features an attractive unit mix consisting of one 3-bedroom apartment, two 2-bedroom apartments, and three 1-bedroom apartments, providing a strong variety of rental options and broad tenant appeal. Conveniently located with easy access to major highways and just minutes from downtown Auburn, residents can enjoy convenient access to shopping, restaurants, employment, entertainment, and everyday amenities. With six separate rental units and a diverse bedroom mix, this property presents an excellent opportunity for an investor looking to add a multifamily asset to their portfolio or for an owner-occupant seeking additional rental income. Property highlights include: Six total residential units 1 three-bedroom unit 2 two-bedroom units 3 one-bedroom units Convenient highway access Minutes from downtown Auburn Diverse unit mix with strong rental appeal Excellent investment or owner-occupant opportunity A great opportunity to capitalize on Auburn's convenient location and demand for multifamily housing.
Listing last checked: Listing updated:
Listed by Listing Agent · A Team Realty · MLS #1678456
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Details at a glance
Interior3 property facts
- Heating
- Baseboard, Hot Water
- Cooling
- None
- Flooring
- Carpet, Wood
Building5 property facts
- Style
- Other
- Year built
- 1920
- Garage
- 0
- Foundation
- Poured Concrete
- Roof
- Shingle
Land & utilities4 property facts
- Lot size
- 0.1 acres
- Water
- Public
- Sewer
- Public Sewer
- Zoning
- T-4.2
Financial2 property facts
- Annual taxes
- $5,155
- Assessment year
- 2025
Location
Estimated monthly cost
Explore costs at the $639,000 asking price. Adjust the assumptions to your situation.
Known monthly costs$3,661 / monthAdjust
- Principal & interest
- $3,231
- Property tax
- $430
- Insurance
- Not entered
- HOA
- Not entered
Listing annual taxes: $5,155. Initial monthly tax is one twelfth of that amount. HOA amount was not supplied.
Partial estimate: add insurance, monthly HOA to include those costs. Blank amounts are unknown.
The initial 6.5% rate is illustrative, not a current rate or lender quote. Excludes utilities, maintenance, closing costs and mortgage insurance, which may apply with a down payment below 20%. Taxes and insurance can change.
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About 31 Pine Street
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