Whether you're an investor seeking strong rental income or a buyer looking to offset your mortgage with rental revenue, this gem of a property is must-see. With two long-term tenants already in place, this property provides immediate rental income. there's strong potential to convert an existing space into a 4th unit, adding even more value! New Owner can occupy the 2nd floor in May lease is up. Unit 1 lease is up in August, Unit 2. Lease it up in May, Unit 3 Lease is up in January. Don't miss out on this income producing rental.
Active under contract
$450,000
52 Summer Street, Auburn, ME 04210
5beds
2,579sqft
Est.:
Multi Family
Built in 1920
-- sqft lot
$453,100 Zestimate®
$174/sqft
$-- HOA
What's special
- 42 days
- on Zillow |
- 78 |
- 2 |
Likely to sell faster than
Zillow last checked: 7 hours ago
Listing updated: April 15, 2025 at 04:54am
Listed by:
EXP Realty
Source: Maine Listings,MLS#: 1616187

Travel times
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Hot Water, Baseboard
Cooling
- Other
Appliances
- Laundry: Washer Hookup
Features
- Bathtub, Shower, Storage
- Flooring: Wood, Tile, Laminate, Carpet
- Basement: Full,Unfinished
Interior area
- Total structure area: 2,579
- Total interior livable area: 2,579 sqft
- Finished area above ground: 2,579
- Finished area below ground: 0
Property
Parking
- Total spaces: 1
- Parking features: 1 - 4 Spaces, Paved, Common
- Garage spaces: 1
Lot
- Size: 4,791.6 Square Feet
- Features: Level, Sidewalks, City Lot, Near Shopping, Neighborhood
Details
- Parcel number: AUBNM250L239
- Zoning: Residential
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Wood Siding, Asbestos, Wood Frame
- Foundation: Block, Brick/Mortar
- Roof: Pitched,Shingle
Condition
- Year built: 1920
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Public Sewer
- Water: Public
Community & HOA
Location
- Region: Auburn
Financial & listing details
- Price per square foot: $174/sqft
- Tax assessed value: $205,600
- Annual tax amount: $5,148
- Date on market: 3/14/2025
- Road surface type: Paved
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