2 Oak Street, Auburn, ME 04210 (MLS # 1665220)

Price $594,900
Status Active
Beds 0
Baths 5 Baths
Home size 4,592 sqft
Lot Size 4,792 sqft
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.
Property Type(s): Multi Family
Last Updated 6/4/2026 Year Built 1920
County Androscoggin

Additional Details

AIR None
BASEMENT Exterior Entry, Full, Interior Entry, Unfinished, Yes
CONSTRUCTION Frame, Vinyl Siding
HEAT Baseboard, Hot Water, Oil
LOT 4792 sq ft
LOT DESCRIPTION Level, Open Lot
LOT DIMENSIONS 0.11
MLS STATUS Active
PARKING Paved, Off Street
SEWER Public Sewer
STORIES 2
STYLE Other
TAXES 7296
UTILITIES Natural Gas Available
WATER Public
Listing provided by EXP Realty

Listing data is derived in whole or in part from the Maine IDX & is for consumers'' personal, non-commercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.© 2026 Maine Real Estate Information System, Inc. All Rights Reserved.

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