7 Northern Avenue, Auburn, ME 04210
Local realty services provided by:Better Homes and Gardens Real Estate The Masiello Group



7 Northern Avenue,Auburn, ME 04210
$483,000
- 3.4 Acres
- Lots / Land
- Active
Listed by:douglas martin
Office:keller williams realty metropolitan
MLS#:1622815
Source:ME_MREIS
Price summary
- Price:$483,000
About this home
Exceptional Opportunity for Riverfront Development of Up to 69 Residential Units at Market Rate
Discover a remarkable chance to develop up to 69 residential units on this stunning riverfront property, boasting expansive views of the Androscoggin River. Walking distance to the North River Road Boat Launch and less than a mile to the Auburn Tranportation Center providing Bus service from Portland to Boston. Situated in a desirable general business district zoning, this location benefits from water and sewer access at the street. A wetland delineation has already been completed, and it's just a 10-minute stroll to downtown.
Property Details:
* This corner lot allows for 17 units per acre with an additional
20% density bonus.
* The property presents immense potential, including:
- Two beautiful, four-story multi-unit buildings
- Breathtaking sunrise views over the river
- Rooftop deck
- Ample garden and recreation space
- A mix of studio, one-bedroom, and two-bedroom units
- Balconies and parking surrounding the buildings
With its corner lot location, each building can feature two curb cuts, providing access from three different streets. The seller has received encouraging feedback from the town regarding the preliminary plan. We are selling just the land. 3.4 Acres will be subdivided off the mother lot. No riparian water rights.
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Home facts
- Listing Id #:1622815
- Updated:June 27, 2025 at 04:08 PM
Structure and exterior
- Lot area:3.4 Acres
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$483,000
- Tax amount:$7,474 (2024)
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