2 Oak ST Auburn, ME 04210
5 Baths
4,592 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 4,592 sqft
Price per Sqft $129
MLS Listing ID 1665220
Full Baths 5
HOA Y/N No
Year Built 1920
Tax Year 2025
Lot Size 4,791 Sqft
Acres 0.11
Source Maine Listings
Land Area 4592
Property Description
Located in a high-demand rental area, 2 Oak Street benefits from Auburn's continued growth and strong tenant demand. Whether you're an experienced investor looking to expand your holdings or a new investor searching for a solid entry point into multifamily ownership, this property checks all the boxes.
Property Highlights:
5-unit multifamily investment property
Approximately 9.5% cap rate
Strong income-producing asset
Located in the sought-after Lewiston-Auburn market
Excellent addition to an established portfolio
Great opportunity for first-time investors
Strong rental demand and long-term growth potential
Don't miss your chance to own a multifamily property in one of Central Maine's most active investment markets. Opportunities with this level of return and location appeal are becoming increasingly difficult to find.
Income and expense figures available upon request. Buyers are encouraged to perform their own due diligence regarding financial projections and cap rate calculations.
Location
State ME
County Androscoggin
Zoning MFU
Rooms
Basement Exterior Entry, Interior Entry, Full, Unfinished
Interior
Heating Oil, Baseboard, Hot Water
Cooling None
Flooring Carpet, Vinyl
Laundry Laundry - Coin
Exterior
Parking Features Paved, 1 - 4 Spaces, Off Street
Waterfront Description Nearby
Roof Type Shingle
Garage No
Garage No
Building
Lot Description Intown, Level, Open Lot
Story 2
Foundation Stone, Brick/Mortar
Water Public
Architectural Style Other
Others
Tax ID AUBN-000240-000000-000145
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