167 Summer Street, Auburn, ME 04210
Local realty services provided by:CENTURY 21 Advantage
167 Summer Street,Auburn, ME 04210
$495,000
- - Beds
- 5 Baths
- 3,266 sq. ft.
- Multi-family
- Active
Office: maine source realty
MLS#:1682968
Source:ME_MREIS
Price summary
- Price:$495,000
- Price per sq. ft.:$151.56
About this home
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....
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Home facts
- Year built:1920
- Listing ID #:1682968
- Updated:October 23, 2026 at 10:52 AM
Rooms and interior
- Total bathrooms:5
- Full bathrooms:5
- Flooring:Carpet, Laminate, Tile, Wood
- Basement Description:Dirt Floor, Full, Interior Entry, Unfinished
- Living area:3,266 sq. ft.
Heating and cooling
- Heating:Forced Air, Gas Natural, Heating
Structure and exterior
- Roof:Shingle
- Year built:1920
- Building area:3,266 sq. ft.
- Lot area:0.25 Acres
- Lot Features:Level, Near Golf Course, Near Shopping, Near Turnpike/Interstate, Neighborhood, Sidewalks
- Architectural Style:New Englander
- Construction Materials:Shingle Siding, Wood Frame
- Exterior Features:Deck, Porch
- Foundation Description:Block, Brick/Mortar, Poured Concrete
- Levels:Multi Level
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$495,000
- Price per sq. ft.:$151.56
- Tax amount:$5,189 (2026)
Features and amenities
- Laundry features:Laundry - Coin, Washer Hookup
- Amenities:Storage
Parking
- Parking description:5 - 10 Spaces, Gravel, Off street, Storage
- Garage:Yes
- Garage spaces:1
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