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188 Auburn St, Auburn, MA, 01501

2beds
2baths
1,411sqft
$429,900
$305price/sqft
$3,130/moest. monthly cost
$125,200/yrincome needed

About This Home

Rare opportunity to own a highly visible mixed-use property in one of Auburn's most desirable commercial corridors. Ideally located on Auburn's busy Main Street just minutes from Routes 12, 20, I-290, I-395, and the Massachusetts Turnpike, this property offers exceptional accessibility, strong exposure, and outstanding future potential.The first floor features commercial space, previously operated as a successful salon, complete with large storefront windows, a bathroom, laundry area, and the added comfort of a mini-split A/C system. A dry concrete block basement provides valuable storage, while the expansive parking lot accommodates 16+ vehicles.The second floor offers a separately accessed 2-bedroom, 1-bath apartment currently rented at $1,800/month (tenant-at-will), providing immediate income while the commercial space is occupied or repositioned.Whether you're a business owner looking to establish your presence in Auburn, an investor seeking a mixed-use asset with existing cash flow, or a developer looking to maximize the site's potential, this property delivers exceptional flexibility. Residential Office zoning allows for a wide range of permitted and potential uses, including professional offices, retail, barber or salon, restaurant, fitness services, laundromat, dry cleaning, or apartments. (Buyer to perform all due diligence regarding zoning and permitted uses.)Properties offering this combination of location, visibility, parking, income, and redevelopment potential are rarely available. Don't miss the opportunity to make this versatile property your next investment.

Getting Around

47
WalkingCar-Dependent
0
TransitVery Limited Transit
28
BikeSomewhat Bikeable

Schools

--
6/10
Auburn Middle SchoolGrades 6-82.5 mi
5/10
Auburn Senior High SchoolGrades PK,9-120.6 mi

Construction

Condition

  • Year built: 1947

Materials

  • Foundation: Block
  • Roof: Shingle

Type & Style

  • Home type: MultiFamily
  • Property subType: 2 Family - 2 Units Up/Down

Interior

Appliances

  • Appliances included: Range,Refrigerator
  • Laundry features: Washer Hookup,Dryer Hookup,Electric Dryer Hookup

Basement

  • Has basement: Yes
  • Basement: Full,Concrete,Unfinished

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 2
  • Full bathrooms: 1
  • 1/2 bathrooms: 1

Features

  • Storage,Other,Ceiling Fan(s),Bathroom with Shower Stall,Laundry Room,Kitchen,Living RM/Dining RM Combo
  • Window features: Picture Window
  • Flooring: Vinyl,Carpet,Varies,Tile
  • Finished area above ground: 1,411

Heating & Cooling

  • Heating features: Baseboard,Oil
  • Cooling features: Ductless,None

Interior Area

  • Total structure area: 1,411
  • Total interior livable area: 1,411 sqft

Property

Details

  • Parcel number: M:0017 B:0111 L:0000,1455193
  • Zoning: Commercial

Features

  • Patio & porch: Deck
  • Frontage length: 50.00

Lot

  • Lot size: 7,650 sqft
  • Features: Level

Parking

  • Total spaces: 16
  • Parking features: Paved Drive,Off Street,Paved
  • Has uncovered spaces: Yes
  • Uncovered spaces: 16

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Hurricane
    HurricaneModerate
  • Ice Storm
    Ice StormModerate

How This Home’s Risks Compare

Hurricane
Ice Storm

FEMA Declared Disasters Across Massachusetts Counties

Flood
Hurricane
Severe Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $2,173$26,076
Home Insurance *$156$1,872
Property Taxes $447$5,364
Electricity $354$4,259
Total$3,130$37,560
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$107,314/yr
40% on housing$93,900/yr
45% on housing$83,466/yr

Massachusetts FAIR Plan Programs

Massachusetts Property Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 213,928Commercial: 230
Total Premiums$400.85M
Total Exposure$115.57B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 7.8%
7.8%
0%30.0%
Electricity Growth Rate10-year average: 7.9%
7.9%
0%15.0%
Property Taxes Growth Rate2-year average: 1.3%
1.3%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$305This listing

vs Other Active Listings

Avg $/sqft

ZIP 01501$234
Worcester County$265

vs Homes Sold Last Month

Median $/sqft

ZIP 01501$318
Worcester County$281

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-06-26Listed for sale$429,900
2012-08-29Sold$178,000
1999-06-25Sold$120,000
1999-01-26Sold$65,000
1998-06-15Sold$80,000
1995-08-23Sold$130,000

For Sale by Agent

AgentJim Black Group
BrokerageReal Broker MA, LLC

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