115 Winter Street, Auburn, ME 04210

Auburn
Local realty services provided by:Better Homes and Gardens Real Estate The Masiello Group
115 Winter Street,Auburn, ME 04210
$369,900
Virtual Tour
  • - Beds
  • 2 Baths
  • 2,253 sq. ft.
  • Multi-family
  • Active
Upcoming open houses
  • Sat, Apr 11
    11:00 am - 01:00 pm
Listed by: rodney charest, krista charest
Office: meservier & associates
MLS#:1656930
Source:ME_MREIS

Price summary

  • Price:$369,900
  • Price per sq. ft.:$164.18

About this home

Well-maintained and versatile 2-unit property in a convenient Auburn location, offering strong income potential and additional value-add opportunities. The first-floor unit features 3 bedrooms and 1 full bath, while the second-floor unit offers 2 bedrooms with the potential for a third, making this an attractive setup for both owner-occupants and investors. Each unit has its own boiler, with tenants responsible for their own heat--helping to keep operating costs predictable. Based on current numbers, the property operates around a ~6.8% cap rate, with the potential to reach the high 7% range as rents are brought to market levels. A standout feature is the third-floor space, which is currently being utilized by the owner for additional bedrooms. This area offers flexibility for living space storage, workspace, or potential future expansion (buyers to verify all uses with local code enforcement). Additional highlights include solar panels installed approximately 2 years ago,...

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Home facts

  • Year built:1920
  • Listing ID #:1656930
  • Updated:April 11, 2026 at 01:52 AM

Rooms and interior

  • Total bathrooms:2
  • Full bathrooms:2
  • Flooring:Vinyl, Wood
  • Basement Description:Full, Unfinished
  • Living area:2,253 sq. ft.

Heating and cooling

  • Heating:Baseboard

Structure and exterior

  • Year built:1920
  • Building area:2,253 sq. ft.
  • Lot area:0.11 Acres
  • Lot Features:Level, Near Shopping, Near Town, Neighborhood, Sidewalks
  • Construction Materials:Vinyl Siding, Wood Frame
  • Foundation Description:Block

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$369,900
  • Price per sq. ft.:$164.18
  • Tax amount:$4,770 (2026)

Parking

  • Parking description:1 - 4 Spaces, Paved
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