2 Oak Street, Auburn, ME 04210

$600,000
Property Type: Multi-Family Baths: 5 Square Footage: 4,592 Lot Size (sq. ft.): 4,792 Status: Closed
Current Price: $600,000 List Date: 6/03/2026 Last Modified: 8/07/2026

Overview

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 ch ...

Listing Details MLS# 1665220

Location Information

Street #
2
Street Name
Oak
Street Type
Street
County
Androscoggin
Town
Auburn
State/Province
ME
Zip Code
04210
Zip +4
5481
Leased Land
No
Book
11806
Page
73, 74 & 91
Map
10
Block
2
Lot
33
Zoning
MFU
Zoning Overlay
Unknown
Association
No
Full Tax Amount $
7296
Tax Year
2025
Tree Growth Y/N
No

Contract Information

Original List Price
594900

Property Information

Surveyed
No
Seasonal
No
Owner Occupied
No
Deed
Partial
Number of Units
5
Total Baths
5
Total Full Baths
5
Year Built
1920
SqFt Finished Above Grade
4592
SqFt Finished Total
4592
SqFt Source
Public Records
Garage
No
Lot Size Acres +/-
0.11
Source of Acreage
Public Records
Road Frontage
No

Status Change Info

Pending Date
2026-06-08
Closed Date
2026-08-06
Closed Price
600000

Water Info

Waterfront
No
Water View
No

Building Info

# Stories
2
# Heating Units
Yes

More Information

Units

# of 2 BD Units
Yes
# of 3 BD Units
4

Unit 1

Lease
Yes
Level
First
Security Deposit
Yes
Monthly Rent
1300
# Full Baths
Yes
# of Rooms
5
# of Bedrooms
2
Dedicated Electric Meter
Yes
Dedicated Gas Meter
No
Dedicated Water Heater
No
Electric
No
Heat
No
Range
Yes
Refrigerator
Yes
Sewer
Yes
Water
Yes

Unit 2

Lease
Yes
Level
First
Security Deposit
No
Monthly Rent
1600
# Full Baths
Yes
# of Rooms
5
# of Bedrooms
2
Dedicated Electric Meter
Yes
Dedicated Gas Meter
No
Dedicated Water Heater
No
Electric
No
Heat
No
Range
Yes
Refrigerator
Yes
Sewer
Yes
Water
Yes

Unit 3

Lease
Yes
Level
Second
Security Deposit
Yes
Monthly Rent
1825
# Full Baths
Yes
# of Rooms
6
# of Bedrooms
3
Dedicated Electric Meter
Yes
Dedicated Gas Meter
No
Dedicated Water Heater
No
Electric
No
Heat
No
Range
Yes
Refrigerator
Yes
Sewer
Yes
Water
Yes

Unit 4

Lease
Yes
Level
Second
Security Deposit
No
Monthly Rent
1300
# Full Baths
Yes
# of Rooms
5
# of Bedrooms
2
Dedicated Electric Meter
Yes
Dedicated Gas Meter
No
Dedicated Water Heater
No
Electric
No
Heat
No
Range
Yes
Refrigerator
Yes
Water
Yes

Unit 5

Lease
Yes
Level
First
Security Deposit
No
Monthly Rent
1775
# Full Baths
Yes
# of Rooms
5
# of Bedrooms
3
Dedicated Electric Meter
Yes
Dedicated Gas Meter
No
Dedicated Water Heater
No
Electric
No
Heat
No
Range
Yes
Refrigerator
Yes
Sewer
Yes
Water
Yes

Utilities

Utilities On
No

Sold Info

Appraiser Email Address
will@portfoliomaine.com

Property Features

Site: Level; Open Location: Intown Roads: Public Transportation: Major Road Access Recreational Water: Nearby Style: Other Construction: Wood Frame Basement: Full; Unfinished Basement Entry: Exterior Only; Interior Foundation Materials: Brick/Mortar; Stone Exterior: Vinyl Siding Roof: Shingle Heat System: Baseboard; Hot Water Heat Fuel: Oil Water Heater: Off Heating System Cooling: None Floors: Carpet; Vinyl Amenities: Laundry - Coin Driveway: Paved Parking: 1 - 4 Spaces; Off Street; Paved Vehicle Storage: No Vehicle Storage Electric: Circuit Breakers Gas: Natural - At Street Sewer: Public Sewer Water: Public

Documents

IDX
Listing Office: EXP Realty
Selling Office: The Lakes Real Estate
Last Updated: August - 07 - 2026
Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. Copyright ©2026 Maine Real Estate Information System, Inc. All Rights Reserved. Equal Housing Opportunity.
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