144 Third Street Auburn, ME

Multi-Family for Sale
Catylist Listing ID: 30874688
Number of Units: 3 Units
Building Size (RSF): 2,070 SF
Gross Building Area: See Agent
Sale Price: $295,000
Unit Price: $98,333.33 Per Unit
In Opportunity Zone? Yes
Property Use Type: Investment
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 8/22/2024

Overview / Comments

Discover this fully occupied 3-unit, ideally located on a corner lot! With below-market rents and a convenient location to amenities, this property offers significant upside potential with both property appreciation and cash flow. This excellent value-add is perfect for savvy investors looking to expand their portfolio, or those seeking owner-occupied potential. Don't miss out on this prime investment opportunity!

Financials

Finance Data Year 2024
Real Estate Taxes - Annual($) $4,168 (Annual)

Additional Details

Nearest MSA: Lewiston-Auburn
County: Androscoggin
Tax ID/APN: AUBN-000221-000000-000205
Zoning: MFU
Roof Type: Other
Construction/Siding: Wood Siding
Parking Ratio: 10 (per 1000 SF)
Parking Type: Other
Parking Description: 5 - 10 Spaces; Off Street; On Site
Heat Type: Electricity, Hot Water
Heat Source: Baseboard
Fuel: Oil

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 15,741 47,950 57,863
Median Age: 34.28 36.92 38.09
Households: 7,010 20,421 24,491

Contact

Photograph of Listing Agent

Kevin Fletcher, CCIM

KW Commercial NECPE Member
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