292-274 Court Street, Auburn, ME 04210

$2,200,000
Property Type: Multi-Family Baths: 20 Square Footage: 6,234 Lot Size (sq. ft.): 44,867 Status: Closed
Current Price: $2,200,000 List Date: 7/19/2022 Last Modified: 1/11/2025

Overview

Description

Second chances do exist!! Back on the market due to buyer financing issues. Looking to complete your rental portfolio with one swoop? This rare turn-key investment package is one like you won't see for many years to come. Located in the heart of Auburn on Court Street (foot of Goff Hill), this large campus consists of two abutting properties with a total of 30-Units, several of them being new construction. Property also conveys with a large commercial size garage that has potential for an additional unit above, and one detached single car garage also on site. Ample parking, well-kept landscaping, etc. This property has been meticulously maintained and is fully occupied with great, long-term tenants. 292 Court has 5 new construction units and is completely up to modern code with fire alarms, sprinkler system, etc. 292 offers a total of 13 units (5) 1BR, (3) 2BR, (2) two room efficiencies, and (3) one room efficiencies. 274 Court has a total of 17-units (16) two room efficiencies, an ...

Listing Details MLS# 1528327

Location Information

Street #
292-274
Street Name
Court
Street Type
Street
County
Androscoggin
Town
Auburn
State/Province
ME
Zip Code
04210
Zip +4
5071
Leased Land
No
Book
10079
Page
333
Map
240
Lot
284
Zoning
T-4-2
Zoning Overlay
No
Association
No
Full Tax Amount $
6496
Tax Year
2021

Contract Information

Original List Price
2400000

Property Information

Surveyed
Unknown
Seasonal
No
Owner Occupied
No
Deed/Conveyance Type Offered
Quit Claim w/Covenant
Deed
All
Deed Restrictions
Unknown
Bank Owned REO
No
2 Detached Houses on 1 Lot
Yes
Number of Units
30
Total Baths
20
Total Full Baths
20
Year Built
1900
SqFt Finished Above Grade
6234
SqFt Finished Total
6234
SqFt Source
Public Records
Garage
Yes
Garage Spaces
3
Lot Size Acres +/-
1.03
Source of Acreage
Public Records
Road Frontage
Yes
Road Frontage +/-
224
Source of Road Frontage
Public Records
Total Half Baths
0
SqFt Finished Below Grade
0

Status Change Info

Pending Date
2022-07-24
Closed Date
2022-09-13
Closed Price
2200000

Water Info

Water Frontage
No
Water View
No
Island
No

Building Info

# Stories
3
# Floors
3
# Heating Units
Yes
# Water Heaters
Yes

More Information

Units

# of 1 BD Units
27
# of 2 BD Units
3

Unit 1

Lease
No
Level
First
Security Deposit
Yes
Monthly Rent
850
# Full Baths
Yes
# of Rooms
3
# of Bedrooms
2
Dedicated Electric Meter
No
Dedicated Gas Meter
No
Dedicated Water Heater
No
Electric
Yes
Heat
Yes
Range
Yes
Refrigerator
Yes
Sewer
Yes
Water
Yes

Unit 2

Lease
No
Level
First
Security Deposit
Yes
Monthly Rent
925
# Full Baths
Yes
# of Rooms
3
# of Bedrooms
2
Dedicated Electric Meter
Yes
Dedicated Gas Meter
No
Dedicated Water Heater
No
Electric
No
Heat
Yes
Range
Yes
Refrigerator
Yes
Sewer
Yes
Water
Yes

Unit 3

Lease
No
Level
First
Security Deposit
Yes
Monthly Rent
873
# Full Baths
Yes
# of Rooms
3
# of Bedrooms
Yes
Dedicated Electric Meter
No
Dedicated Gas Meter
No
Dedicated Water Heater
No
Electric
Yes
Heat
Yes
Range
Yes
Refrigerator
Yes
Sewer
Yes
Water
Yes

Unit 4

Lease
No
Level
First
Security Deposit
Yes
Monthly Rent
725
# Full Baths
Yes
# of Rooms
3
# of Bedrooms
Yes
Dedicated Electric Meter
No
Dedicated Gas Meter
No
Dedicated Water Heater
No
Electric
Yes
Heat
Yes
Range
Yes
Refrigerator
Yes
Water
Yes
Sewer
Yes

Unit 5

Lease
No
Level
First
Security Deposit
Yes
Monthly Rent
850
# Full Baths
Yes
# of Rooms
3
# of Bedrooms
Yes
Dedicated Electric Meter
No
Dedicated Gas Meter
No
Dedicated Water Heater
No
Electric
Yes
Heat
Yes
Range
Yes
Refrigerator
Yes
Sewer
Yes
Water
Yes

Unit 6

Lease
No
Level
Second
Security Deposit
Yes
Monthly Rent
700
# Full Baths
Yes
# of Rooms
3
# of Bedrooms
Yes
Dedicated Electric Meter
No
Dedicated Gas Meter
No
Dedicated Water Heater
No
Electric
Yes
Heat
Yes
Range
Yes
Refrigerator
Yes
Sewer
Yes
Water
Yes

Unit 7

Lease
No
Level
Second
Security Deposit
Yes
Monthly Rent
925
# Full Baths
Yes
# of Rooms
3
# of Bedrooms
Yes
Dedicated Electric Meter
No
Dedicated Gas Meter
No
Dedicated Water Heater
No
Electric
Yes
Heat
Yes
Range
Yes
Refrigerator
Yes
Sewer
Yes
Water
Yes

Unit 8

Lease
No
Level
Second
Security Deposit
Yes
Monthly Rent
1000
# Full Baths
Yes
# of Rooms
3
# of Bedrooms
Yes
Dedicated Electric Meter
No
Dedicated Gas Meter
No
Dedicated Water Heater
No
Electric
Yes
Heat
Yes
Range
Yes
Refrigerator
Yes
Sewer
Yes
Water
Yes

Unit 9

Lease
No
Level
Second
Security Deposit
Yes
Monthly Rent
675
# Full Baths
Yes
# of Rooms
3
# of Bedrooms
Yes
Dedicated Electric Meter
No
Dedicated Gas Meter
No
Dedicated Water Heater
No
Electric
Yes
Heat
Yes
Range
Yes
Refrigerator
Yes
Sewer
Yes
Water
Yes

Unit 10

Lease
No
Level
Second
Security Deposit
No
Monthly Rent
700
# Full Baths
Yes
# of Rooms
3
# of Bedrooms
Yes
Dedicated Electric Meter
No
Dedicated Gas Meter
No
Dedicated Water Heater
No
Electric
Yes
Heat
Yes
Range
Yes
Refrigerator
Yes
Sewer
Yes
Water
Yes

Unit 11

Lease
Yes
Level
Second
Security Deposit
No
Monthly Rent
850
# Full Baths
Yes
# of Rooms
3
# of Bedrooms
Yes
Dedicated Electric Meter
No
Dedicated Gas Meter
No
Dedicated Water Heater
No
Electric
Yes
Heat
Yes
Range
Yes
Refrigerator
Yes
Sewer
Yes
Water
Yes

Unit 12

Lease
No
Level
Second
Security Deposit
Yes
Monthly Rent
700
# Full Baths
Yes
# of Rooms
3
# of Bedrooms
Yes
Dedicated Electric Meter
No
Dedicated Gas Meter
No
Dedicated Water Heater
No
Electric
Yes
Heat
Yes
Range
Yes
Refrigerator
Yes
Sewer
Yes
Water
Yes

Unit 13

Lease
No
Level
Third
Security Deposit
Yes
Monthly Rent
900
# Full Baths
Yes
# of Rooms
4
# of Bedrooms
2
Dedicated Electric Meter
No
Dedicated Gas Meter
No
Dedicated Water Heater
No
Electric
Yes
Heat
Yes
Range
Yes
Refrigerator
Yes
Sewer
Yes
Water
Yes

Unit 14

Lease
No
Level
Third
Security Deposit
No
Monthly Rent
725
# Full Baths
Yes
# of Rooms
3
# of Bedrooms
Yes
Dedicated Electric Meter
No
Dedicated Gas Meter
No
Dedicated Water Heater
No
Electric
Yes
Heat
Yes
Range
Yes
Refrigerator
Yes
Sewer
Yes
Water
No

Unit 15

Lease
No
Level
Third
Security Deposit
Yes
Monthly Rent
900
# Full Baths
Yes
# of Rooms
3
# of Bedrooms
Yes
Dedicated Electric Meter
No
Dedicated Gas Meter
No
Dedicated Water Heater
No
Electric
Yes
Heat
Yes
Range
Yes
Refrigerator
Yes
Sewer
Yes
Water
Yes

Unit 16

Lease
No
Level
Third
Security Deposit
Yes
Monthly Rent
800
# Full Baths
Yes
# of Rooms
3
# of Bedrooms
Yes
Dedicated Electric Meter
Yes
Dedicated Gas Meter
No
Dedicated Water Heater
No
Electric
Yes
Heat
Yes
Range
Yes
Refrigerator
Yes
Sewer
Yes
Water
Yes

Unit 17

Lease
No
Level
Third
Security Deposit
Yes
Monthly Rent
750
# Full Baths
Yes
# of Rooms
3
# of Bedrooms
Yes
Dedicated Electric Meter
No
Dedicated Gas Meter
No
Dedicated Water Heater
No
Electric
Yes
Heat
Yes
Range
Yes
Refrigerator
Yes
Sewer
Yes
Water
No

Unit 18

Lease
No
Level
First
Security Deposit
Yes
Monthly Rent
650
# Full Baths
Yes
# of Rooms
3
# of Bedrooms
Yes
Dedicated Electric Meter
No
Dedicated Gas Meter
No
Dedicated Water Heater
No
Electric
Yes
Heat
Yes
Range
Yes
Refrigerator
Yes
Sewer
Yes
Water
Yes

Unit 19

Lease
No
Level
First
Security Deposit
Yes
Monthly Rent
900
# Full Baths
Yes
# of Rooms
3
# of Bedrooms
Yes
Dedicated Electric Meter
Yes
Dedicated Gas Meter
No
Dedicated Water Heater
No
Electric
No
Heat
Yes
Range
Yes
Refrigerator
Yes
Sewer
Yes
Water
Yes

Unit 20

Lease
No
Level
Second
Security Deposit
Yes
Monthly Rent
800
# Full Baths
Yes
# of Rooms
3
# of Bedrooms
Yes
Dedicated Electric Meter
Yes
Dedicated Gas Meter
No
Dedicated Water Heater
No
Electric
No
Heat
Yes
Range
Yes
Refrigerator
Yes
Sewer
Yes
Water
Yes

Utilities

Utilities On
Yes

Sold Info

Appraiser Email Address
Craig.segien@cushwake.com

Site

Open
Yes
Rolling/Sloping
Yes
Sidewalks
Yes
Well Landscaped
Yes

Location

Intown
Yes
Near Shopping
Yes
Near Town
Yes
Near Turnpike/Interstate
Yes
Neighborhood
Yes

Roads

Paved
Yes
Public
Yes

Transportation

Major Road Access
Yes
Public Transport Access
Yes

Style

Other
Yes

Construction

Wood Frame
Yes

Levels

Multi-Level
Yes

Basement

Brick/Mortar
Yes
Full
Yes

Foundation Materials

Block
Yes
Brick/Mortar
Yes
Poured Concrete
Yes

Exterior

Vinyl Siding
Yes
Wood Siding
Yes

Roof

Flat
Yes
Membrane
Yes

Heat System

Baseboard
Yes
Hot Water
Yes
Zoned
Yes

Heat Fuel

Gas Natural
Yes
Oil
Yes

Income & Expenses

Gross Income
275976
Operating Expenses
53691.82

Cooling

None
Yes

Floors

Carpet
Yes
Laminate
Yes
Tile
Yes
Vinyl
Yes
Wood
Yes

Accessibilitiy Amenities

32 - 36 Inch Doors
Yes

Parking

21+ Spaces
Yes
Off Street
Yes
Paved
Yes

Electric

Circuit Breakers
Yes

Gas

Natural - At Street
Yes

Sewer

Public Sewer
Yes

Water

Public
Yes

Driveway

Paved
Yes

Basement Entry

Doghouse
Yes
Interior
Yes

Water Heater

Electric
Yes
Off Heating System
Yes

Window Features

Double Pane Windows
Yes
Low-Emissivity Windows
Yes

Amenities

Bathtub
Yes
Laundry - 1st Floor
Yes
Laundry - Coin
Yes

Equipment

Internet Access Available
Yes

Vehicle Storage

4+ Car
Yes
Detached
Yes
Storage Above
Yes

Property Features

Site: Open; Rolling/Sloping; Sidewalks; Well Landscaped Location: Intown; Near Shopping; Near Town; Near Turnpike/Interstate; Neighborhood Roads: Paved; Public Transportation: Major Road Access; Public Transport Access Style: Other Levels: Multi-Level Construction: Wood Frame Basement: Brick/Mortar; Full Basement Entry: Doghouse; Interior Foundation Materials: Block; Brick/Mortar; Poured Concrete Exterior: Vinyl Siding; Wood Siding Roof: Flat; Membrane Heat System: Baseboard; Hot Water; Zoned Heat Fuel: Gas Natural; Oil Water Heater: Electric; Off Heating System Cooling: None Floors: Carpet; Laminate; Tile; Vinyl; Wood Window Features: Double Pane Windows; Low-Emissivity Windows Amenities: Bathtub; Laundry - 1st Floor; Laundry - Coin Equipment: Internet Access Available Driveway: Paved Parking: 21+ Spaces; Off Street; Paved Vehicle Storage: 4+ Car; Detached; Storage Above Electric: Circuit Breakers Gas: Natural - At Street Sewer: Public Sewer Water: Public
IDX
Listing Office: Legacy Realty
Selling Office: Green Tree Realty, LLC
Last Updated: January - 11 - 2025
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.