2 Oak St, Auburn, ME 04210
- $600,000
- 5
- BA
- 4,592
- SqFt
Listing courtesy of EXP Realty.
Selling Office: The Lakes Real Estate.- Sold Price
- $600,000
- List Price
- $594,900
- Closing Date
- Aug 06, 2026
- MLS#
- 1665220
- Status
- CLOSED
- Type
- Multifamily
- City
- Auburn
- County
- Androscoggin
- Bathrooms
- 5
- Living Area
- 4,592
- Lot Size
- 4,791
- Year Built
- 1920
Property Description
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.
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Additional Information
- Living Area
- 4,592
- Electric
- Circuit Breakers
- Water
- Public
- Basement
- Exterior Entry, Interior Entry, Full, Unfinished
- Cooling
- None
- Year Built
- 1920
- Acres
- 0.11
- Roof
- Shingle
- Foundation
- Stone, Brick/Mortar
- Style
- Other
- Stories
- 2
- Courtesy Of Listing Office
- EXP Realty
- Courtesy Of Selling Office
- The Lakes Real Estate
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