Bought with Hannah Finegold Real Broker
$742,500
$775,000
4.2%For more information regarding the value of a property, please contact us for a free consultation.
243 Main ST Auburn, ME 04210
11 Baths
5,994 SqFt
Key Details
Sold Price $742,500
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 5,994 sqft
Price per Sqft $123
MLS Listing ID 1573410
Sold Date 11/29/23
Full Baths 11
HOA Y/N No
Year Built 1900
Tax Year 2022
Lot Size 9,147 Sqft
Acres 0.21
Source Maine Listings
Land Area 5994
Property Description
Introducing 243 Main St!
This commanding Greek Revival 11-unit building offers savvy investors the chance to own a piece of prime real estate, situated in a highly desirable Auburn location. This special property boasts ornate details such as soaring columns, tin ceilings, fireplaces, and wood floors. Easily rentable mix of studio and one-bedroom apartments have enjoyed long term tenants and excellent future income potential.
Investors will appreciate the steady rental income stream from this well-established property. With a strong rental history with low vacancy, this historic building is a solid addition to any investment portfolio.
243 Main St is ideally located, with easy access to downtown Auburn, shopping, and public transportation, making it even more attractive to tenants. There is a large 2 car garage for owner storage. The larger unit on the first floor with private entrance could be an owner's unit.
Whether you're a seasoned investor looking to expand your portfolio or a newcomer to the real estate market, this 11-unit building offers a fantastic opportunity for long-term financial growth. Don't miss out on this chance to secure your future in the thriving Auburn real estate market. Contact us today to arrange a viewing and seize this investment gem!
Location
State ME
County Androscoggin
Zoning DE
Direction Corner of Main St. & Elm St.
Rooms
Basement Interior, Unfinished
Interior
Heating Steam
Cooling None
Flooring Wood, Vinyl, Laminate, Carpet
Fireplaces Number 3
Fireplace Yes
Laundry Laundry - Coin
Exterior
Parking Features 5 - 10 Spaces, Paved, Common, On Site, Detached, Off Street
Garage Spaces 2.0
Utilities Available Utilities On
Roof Type Membrane,Metal,Other
Porch Deck, Porch
Garage Yes
Building
Lot Description Corner Lot, Sidewalks, Historic District, Intown, Near Shopping, Near Turnpike/Interstate, Near Town, Near Public Transit
Story 3
Entry Level Multi-Level
Foundation Stone
Water Public
Architectural Style Other, Greek Revival
Others
Tax ID AUBN-000231-000000-000006
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