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25 Eighth Street, Auburn, ME, 04210

5beds
3baths
2,464sqft
$391,500
$159price/sqft
$3,237/moest. monthly cost
$129,480/yrincome needed

About This Home

1949 Cape-style home offering opportunity for investors or owner-occupants seeking additional rental income. 3-unit property set on a spacious 0.5-acre lot at the end of a quiet dead-end street. The property features three existing units: a first-floor 2-bedroom, 1-bath; a second-floor 2-bedroom, 1-bath; and a lower-level 1-bedroom, 1-bath unit. A shared laundry area provides convenience for all tenants. Outside, enjoy a large yard and in-ground pool. The pool and pool house are in need of renovation but could be amazing! The expansive lot offers privacy and potential for outdoor enhancements. A standout feature is the detached 1,200 sq ft workshop/barn with an additional 1,200 sq ft walk out garage level below. Architectural plans have already been drafted to convert this structure into a 2,400 sq ft two-unit building--presenting a significant opportunity for expansion and increased rental income. Whether you're looking to grow your investment portfolio or create a multi-generational living setup, this property offers strong upside potential in a peaceful setting.

Getting Around

57
WalkingSomewhat Walkable
0
TransitVery Limited Transit
37
BikeSomewhat Bikeable

Schools

4/10
Auburn Middle SchoolGrades 7-81.4 mi
4/10
Edward Little High SchoolGrades 9-120.7 mi

Construction

Condition

  • Year built: 1949

Materials

  • Roof: Shingle
  • Construction materials: Wood Frame,Vinyl Siding

Type & Style

  • Home type: MultiFamily
  • Architectural style: Cape Cod
  • Property subType: Multi Family

Interior

Basement

  • Has basement: Yes
  • Basement: Exterior Entry,Interior Entry,Walk-Out Access,Finished,Full

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 3
  • Full bathrooms: 3

Features

  • Flooring: Carpet,Hardwood,Linoleum
  • Finished area below ground: 1,024
  • Finished area above ground: 1,440

Heating & Cooling

  • Heating features: Baseboard
  • Cooling features: None

Interior Area

  • Total structure area: 2,464
  • Total interior livable area: 2,464 sqft

Property

Details

  • Parcel number: AUBNM220L135
  • Zoning: T-5.1

Features

  • Patio & porch: Glassed-in Porch

Lot

  • Lot size: 0.51 Acres
  • Features: Near Town,Neighborhood,Open Lot,Rolling Slope

Parking

  • Parking features: Paved,1 - 4 Spaces
  • Has garage: Yes