243 Main ST, Auburn, ME 04210
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243 Main ST, Auburn, ME 04210
243 Main ST, Auburn, ME 04210
243 Main ST, Auburn, ME 04210
243 Main ST, Auburn, ME 04210
Listed by Edmund Gardner III Gardner Real Estate Group
Bought with Hannah Finegold Real Broker

$742,500

Est. payment /mo

$775,000

4.2%
Est.Price: ?

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

SOLD DATE : 11/29/2023

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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Maine MLS (MREIS) IDX
Ed Gardner

Ed Gardner

Broker/Owner | License ID: BR904999

+1(207) 415-4493

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