167 Summer Street, Auburn, ME 04210

Auburn
Local realty services provided by:Better Homes and Gardens Real Estate The Masiello Group
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...

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Home facts

  • Year built:1920
  • Listing ID #:1682968
  • Updated:October 07, 2026 at 10:44 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
MLS LogoMREIS Multiple Listing Service™ systemListing data is derived in whole or in part from the Maine IDX & is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. © 2026 Maine Real Estate Information System, Inc. All Rights Reserved ME_MREIS Member Broker: Christopher Masiello

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