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198 Summer Street

Auburn

$500,000

beds   ·   3 baths   ·   3,935 sqft   ·   0.18 acres   ·   taxes: $3,437   ·   MLS#: 1639969

Spacious 3-Unit Apartment Building - Great Investment Opportunity! 🏡💼 Welcome to this well-cared-for 3-unit apartment building offering roomy 2-bedroom layouts, hardwood floors, and warm, inviting spaces throughout. Each unit has a functional design with large living areas, natural light, and plenty of charm. Two units feature washer and dryer hookups, and two offer efficient Rinnai backup heating systems — perfect for Maine winters! Tenants enjoy the convenience of natural gas heat, ample off-street parking, and individual storage rooms for each unit. The building has been thoughtfully maintained, with a new heating system (approx. 5 years old) and a roof just 7 years old, providing peace of mind for years to come. All three units are currently rented on a month-to-month basis, making this property ideal for both investors and those looking for an owner-occupied opportunity. You'll love the central location — just minutes from shopping malls, hospitals, restaurants, and easy highway access. This property blends practicality with potential, offering comfort for tenants and reliable income for owners. Whether you're adding to your portfolio or searching for your first investment, this multi-unit has the space, updates, and location that make it a smart choice. Don't miss your chance to own a solid property with lasting value!

MORE DETAILS

Structure

  • Electric : Circuit Breakers
  • Year Built : 1902
  • Style : New Englander
  • Flooring : Vinyl, Carpet
  • Roof : Shingle
  • Basement : Interior, Bulkhead, Brick/Mortar, Full
  • Heating : Direct Vent Heater, Baseboard
  • Cooling : None

Site

  • Water Source : Public
  • Sewer : Public Sewer
  • Zoning : T4.2
  • Road Surface Type : Paved
Listing provided by Ferraro Realty LLC
contact Toni@Ferraro-Realty.com

Listing 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.
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Camden Real Estate participates in MREIS' Maine Internet Data Exchange (Maine IDX) program, allowing us to display other Maine IDX Participant's Listings. We have chosen, however, to limit the Listings shown on this page to only those Listings meeting the following criteria: listings in Maine only.


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© Camden Real Estate Company
43 Elm Street
Camden, Maine 04843
207.236.6171
info@camdenre.com
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43 Elm Street Camden, Maine 04843
207.236.6171     info@camdenre.com
   
© Camden Real Estate Company
privacy policy