Investment opportunity! Fully occupied four-unit in a convenient Auburn location, featuring a strong, long-term rental history. All apartments are occupied by established tenants with great payment histories and a desire to stay long term. The property currently generates $5, 450 per month and $65, 400 in annual gross rental income. Units 1 and 4 are below market rent due to long-term tenancies, while Unit 3 is also slightly below market, creating additional rental income opportunity. Each unit has its own electric meter and hot-water tank, with all hot-water tanks recently replaced. A coin-op washer and dryer serve the majority of the building, while Unit 4 has private washer/dryer hookups. Two separate driveways and parking areas provide ample dedicated off-street parking. The attached barn/garage provides substantial additional storage, workshop space, or potential for future renovation into additional living space, subject to town approval. 34 Oak Street, Augusta and 167 Summer Street, Auburn may also be purchased together as a package, with favorable package pricing available. Inquire for details.
- State:
- ME
- County:
- Androscoggin
- City:
- Auburn
- Zipcode:
- 04210
- Street:
- Summer
- Street Suffix:
- Street
- Longitude:
- W71° 47' 6.2''
- Latitude:
- N44° 6' 28.5''
- Heating System:
- Forced Air, Gas Natural
- Cooling System:
- None
- Basement:
- Full, Interior Entry, Unfinished, Dirt Floor
- Patio:
- Porch, Deck
- Parking:
- Gravel, 5 - 10 Spaces, Off Street, Storage
- Window Features:
- Double Pane Windows
- Waterfront Features:
- Nearby
- Sewer:
- Public Sewer
- Laundry Features:
- Washer Hookup, Laundry - Coin
- Interior Features:
- Storage
- Flooring:
- Wood, Tile, Carpet, Laminate
- Fireplaces Total:
- 1
- Architectural Style:
- Other, New Englander
- Year Built:
- 1920
- Office:
- Maine Source Realty
- Water Source:
- Public
- Stories Total:
- 3
- Stories:
- 3
- On Market Date:
- 2026-10-02
- Number Of Units Total:
- 4
- Lot Features:
- Level, Sidewalks, Near Shopping, Near Turnpike/Interstate, Neighborhood, Near Golf Course
- Levels:
- Multi-Level
- Garage:
- 1.0
- Foundation Details:
- Poured Concrete, Block, Brick/Mortar
- Electric:
- Circuit Breakers
- Construction Materials:
- Wood Frame, Shingle Siding
- Building Size:
- 3266
- Tax Annual Amount:
- 5189.0
- List Agent Mls Id:
- 018106
- List Office Mls Id:
- 1879
- Mls Status:
- Active
- Modification Timestamp:
- 2026-10-02T18:39:59Z
- Originating System Name:
- Maine
- Status Change Timestamp:
- 2026-10-02T18:26:30Z
- Zoning:
- Rural Residential
Auburn
167 Summer Street, Auburn, Maine 04210
- Property Type :
- Residential Income
- Listing ID :
- 1682968
- Price :
- $495,000
- Acreage :
- 0.25 Acre
- Full Bathrooms :
- 5
- Listing Status :
- Active
- Roof:
- Shingle
