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27-31 Drummond Street, Auburn, ME, 04210

10beds
5baths
7,466sqft
$750,000
$100price/sqft
$5,922/moest. monthly cost
$236,880/yrincome needed

About This Home

Unique multi-structure investment opportunity on a single parcel in Auburn. The property features a two-unit dwelling and a newly constructed single-family residence completed this year. The newly built single-family home offers 4 bedrooms and 2.5 bathrooms, presenting a turn-key option for an owner-occupant or a high-value rental asset with new construction efficiencies. The adjacent two-unit building is designed for high-occupancy rental income, consisting of a 5-bedroom upper unit and a 3-bedroom lower unit. Both units feature expansive floor plans and established rental history. This asset is an ideal entry-point for a first-time homebuyer looking to offset a mortgage or an investor seeking a diversified residential portfolio in a central location.

Getting Around

81
WalkingVery Walkable
0
TransitVery Limited Transit
39
BikeSomewhat Bikeable

Schools

4/10
Auburn Middle SchoolGrades 7-81.3 mi
4/10
Edward Little High SchoolGrades 9-120.4 mi

Construction

Condition

  • New construction: Yes
  • Year built: 1888

Materials

  • Foundation: Poured Concrete,Brick/Mortar
  • Roof: Flat
  • Construction materials: Wood Frame,Vinyl Siding

Type & Style

  • Home type: MultiFamily
  • Architectural style: Victorian
  • Property subType: Multi Family

Interior

Basement

  • Has basement: Yes
  • Basement: Bulkhead,Interior Entry,Full,Partial

Bedrooms & Bathrooms

  • Bedrooms: 10
  • Bathrooms: 5
  • Full bathrooms: 4
  • 1/2 bathrooms: 1

Features

  • Storage
  • Flooring: Laminate,Vinyl
  • Finished area below ground: 2,480
  • Finished area above ground: 4,986

Heating & Cooling

  • Heating features: Forced Air,Hot Water
  • Cooling features: None,Heat Pump

Interior Area

  • Total structure area: 7,466
  • Total interior livable area: 7,466 sqft

Property

Details

  • Zoning: Traditional Downtown

Features

  • Levels: Multi/Split
  • Stories: 2

Lot

  • Lot size: 10,454 sqft
  • Features: City Lot,Near Turnpike/Interstate,Neighborhood,Level,Sidewalks

Parking

  • Parking features: Common,1 - 4 Spaces