2 Oak Street, Auburn, ME 04210
Local realty services provided by:Better Homes and Gardens Real Estate The Masiello Group
2 Oak Street,Auburn, ME 04210
$594,900
- - Beds
- 5 Baths
- 4,592 sq. ft.
- Multi-family
- Active
Office: exp realty
MLS#:1665220
Source:ME_MREIS
Price summary
- Price:$594,900
- Price per sq. ft.:$129.55
About this home
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....
Contact an agent
Home facts
- Year built:1920
- Listing ID #:1665220
- Updated:June 07, 2026 at 10:15 AM
Rooms and interior
- Total bathrooms:5
- Full bathrooms:5
- Flooring:Carpet, Vinyl
- Basement Description:Exterior Entry, Full, Interior Entry, Unfinished
- Living area:4,592 sq. ft.
Heating and cooling
- Heating:Baseboard, Heating, Hot Water, Oil
Structure and exterior
- Roof:Shingle
- Year built:1920
- Building area:4,592 sq. ft.
- Lot area:0.11 Acres
- Lot Features:Intown, Level, Open Lot
- Construction Materials:Vinyl Siding, Wood Frame
- Foundation Description:Brick/Mortar, Stone
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$594,900
- Price per sq. ft.:$129.55
- Tax amount:$7,296 (2025)
Features and amenities
- Laundry features:Laundry - Coin
Parking
- Parking description:1 - 4 Spaces, Off street, Paved
New listings near 2 Oak Street
- New
$329,000Active3 beds 2 baths1,446 sq. ft.232 Lake Street, Auburn, ME 04210
MLS# 1665913Listed by: FONTAINE FAMILY-THE REAL ESTATE LEADER - New
$339,900Active3 beds 1 baths1,233 sq. ft.276 Gamage Avenue, Auburn, ME 04210
MLS# 1665849Listed by: KRE BROKERAGE GROUP - New
$260,000Active3 beds 2 baths1,165 sq. ft.1233 Turner Street, Auburn, ME 04210
MLS# 1665703Listed by: INTEGRITY HOMES REAL ESTATE GROUP, PC - New
$369,000Active-- beds 2 baths2,218 sq. ft.35 Pine Street, Auburn, ME 04210
MLS# 1665689Listed by: AMERICAN REAL ESTATE
$285,000Pending3 beds 2 baths1,680 sq. ft.71 Kyle Lane, Auburn, ME 04210
MLS# 1664835Listed by: MAINE SOURCE REALTY
$199,000Pending4 beds 1 baths1,900 sq. ft.431 Court Street, Auburn, ME 04210
MLS# 1664930Listed by: THE MAINE REAL ESTATE EXPERIENCE
$350,000Pending3 beds 1 baths1,696 sq. ft.510 Minot Avenue, Auburn, ME 04210
MLS# 1665241Listed by: REAL BROKER
$205,000Active4 beds 1 baths1,356 sq. ft.Address Withheld By Seller, Auburn, ME 04210
MLS# 1663890Listed by: HOME AT LAST REALTY- New
$729,000Active3 beds 3 baths1,440 sq. ft.86 Everett Road, Auburn, ME 04210
MLS# 1665063Listed by: NEXTHOME EXPERIENCE - New
Listed by BHGRE$299,900Active5 beds 1 baths2,136 sq. ft.209 Oak Hill Road, Auburn, ME 04210
MLS# 1665171Listed by: BETTER HOMES & GARDENS REAL ESTATE/THE MASIELLO GROUP