112 Spring Street

Auburn, ME 04210

MLS ID# 1468726 Closed

Closed $180,000

4236 sqft


Description

ATTENTION INVESTORS Large 4 Unit with tons of income potential. Rent yields 8.5 Cap currently. Updated market rent would bring yield to aprox 19%. Seller would consider owner-financing with acceptable offer and terms. Walking distance to grocery s... show more

Location Information

  • Street # 112
  • Street Name Spring
  • Street Type Street
  • County Androscoggin
  • Town Auburn
  • State/Province ME
  • Zip Code 04210
  • Leased Land No
  • Book 1394
  • Page 10
  • Map 240
  • Lot 261
  • Zoning T-5.1
  • Zoning Overlay No
  • Tax ID AUBN-000240-000000-000261
  • Association No
  • Full Tax Amount 3152
  • Tax Year 2019

Property Information

  • Surveyed Unknown
  • Seasonal No
  • Owner Occupied No
  • Short Sale Continue to Show No
  • Deed/Conveyance Type Offered Warranty
  • Deed All
  • Deed Restrictions Unknown
  • Bank Owned REO No
  • 2 Detached Houses on 1 Lot No
  • Number of Units 4
  • Total Baths 4
  • Total Full Baths 4
  • Total Half Baths 0
  • Color Green
  • Year Built 1878
  • SqFt Finished Above Grade 4236
  • SqFt Finished Below Grade 0
  • SqFt Finished Total 4236
  • SqFt Source Public Records
  • Garage No
  • Lot Size Acres +/- 0.09
  • Source of Acreage Public Records
  • Road Frontage Yes
  • Road Frontage +/- 80
  • Source of Road Frontage Public Records

Compensation & Misc Info

  • Buyer Agency 2.5%

Directions

Spring Street off of Court St. Auburn

Details

  • Site

    Level, Open, Sidewalks

  • Roads

    Public

  • Transportation

    Major Road Access, Public Transport Access

  • Water Info

    No Water Frontage, No Water View

  • Building Info

    # Floors:3, # Heating Units:1, # Water Heaters:2

  • Income & Expenses

    Gross Income:26400, Operating Expenses:11092

  • Units

    # of 1 BD Units:0, # of 2 BD Units:3, # of 3 BD Units:0, # of 4+ BD Units:1

  • Unit 1

    No Lease, Level:First, No Security Deposit, Monthly Rent:550, # Full Baths:1, # of Half Baths:0, Dedicated Electric Meter, No Dedicated Gas Meter, No Dedicated Water Heater, Electric, No Heat, Range, Refrigerator, Sewer, Water

  • Unit 2

    No Lease, Level:First, No Security Deposit, Monthly Rent:550, # Full Baths:1, # Half Baths:0, Dedicated Electric Meter, No Dedicated Gas Meter, No Dedicated Water Heater, No Electric, No Heat, Range, Refrigerator, Sewer, Water

  • Unit 3

    No Lease, Level:Second, No Security Deposit, Monthly Rent:500, # Full Baths:1, # Half Baths:0, Dedicated Electric Meter, No Dedicated Gas Meter, No Dedicated Water Heater, No Electric, Heat, Range, Refrigerator, Sewer, Water

  • Unit 4

    No Lease, Level:First, No Security Deposit, Monthly Rent:600, # Full Baths:1, # Half Baths:0, Dedicated Electric Meter, No Dedicated Gas Meter, No Dedicated Water Heater, No Electric, Heat, Range, Refrigerator, Sewer, Water

  • Style

    Contemporary, Farmhouse

  • Construction

    Wood Frame

  • Basement

    Full, Unfinished

  • Basement Entry

    Interior

  • Foundation Materials

    Poured Concrete

  • Exterior

    Asbestos

  • Roof

    Shingle

  • Heat System

    Baseboard, Hot Water

  • Heat Fuel

    Gas Natural

  • Water Heater

    Gas, On Demand

  • Cooling

    None

  • Floors

    Carpet, Vinyl, Wood

  • Driveway

    Paved

  • Parking

    1 - 4 Spaces

  • Vehicle Storage

    No Vehicle Storage

  • Electric

    Circuit Breakers

  • Utilities

    Utilities On

  • Gas

    Natural - At Street

  • Sewer

    Public Sewer

  • Water

    Public

  • Sold Info

    Buyer's Zip Code:04210, Appraiser:010835, Appraiser Name:Timothy Gatto, Appraiser Phone Number:207-333-3311, Appraiser Email Address:[email protected]

  • Sold Terms

    Conventional

  • Sold Terms Other

    Not Applicable


This listing was last updated on 2023-03-07T21:59:11Z

The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.