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About the Listing 2742 - 024740,017582
Looking to grow your investment portfolio or purchase your first income-producing property? This 5-unit multifamily offers a rare opportunity in the highly desirable Lewiston-Auburn rental market. With a strong cap rate of approximately 9.5%, this property delivers the cash flow and long-term investment potential that today's investors are seeking. Located in a high-demand rental area, 2 Oak Street benefits from Auburn's continued growth and strong tenant demand. Whether you're an experienced investor looking to expand your holdings or a new investor searching for a solid entry point into multifamily ownership, this property checks all the boxes. Property Highlights: 5-unit multifamily investment property Approximately 9.5% cap rate Strong income-producing asset Located in the sought-after Lewiston-Auburn market Excellent addition to an established portfolio Great opportunity for first-time investors Strong rental demand and long-term growth potential Don't miss your chance to own a multifamily property in one of Central Maine's most active investment markets. Opportunities with this level of return and location appeal are becoming increasingly difficult to find. Income and expense figures available upon request. Buyers are encouraged to perform their own due diligence regarding financial projections and cap rate calculations.
Listing Highlights
Status
Active
Days on Site
2
Property Type
Multi-Family
MLS ®
1665220
Year Built
1920
Total Square Footage
4,592
Lot/Acreage
0.11
County
Androscoggin
Interior Details
- Bedrooms: 0
- Bathrooms: 5 Full
- Appliances:
- Air Cond:
- Heating: Oil,Baseboard,Hot Water
- Fireplaces:
- Floor: Carpet,Vinyl
- Above Ground Sq Ft: 4592
- Below Ground Sq Ft: 0
- Basement: Exterior Entry,Interior Entry,Full,Unfinished
- Other:
- Water: Public
Exterior Details
- Lot Description: Intown,Level,Open Lot
- Garage Capacity: N/A
- Zoning: MFU
- Roof: Shingle
- Others:
- Sewer: Public Sewer
- Parking Features: Paved,1 - 4 Spaces,Off Street
Financial Details
- Tax Amount: $7,296
- Taxes w/Assessments: N/A
- Tax/Property ID: AUBN-000240-000000-000145
- Tax Year: 2025
Payment Calculator
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Questions About..
2 Oak St Auburn, ME 04210
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