99 Gamage Avenue
Auburn, ME 04210
Baths
2
Square Ft.
2,606
$399,000
Investor opportunity in a high-demand location! This updated multifamily property features two fully leased units: a 2-bedroom, 1-bath unit and a 3-bedroom, 1-bath unit. With modern renovations already completed, this is a true turnkey asset with immediate income and minimal maintenance requirements in an excellent neighborhood. The current owner… Read More has done numerous updates over the last few years including new wiring, new flooring, new heating system, fresh interior paint, new kitchen appliances and a whole new kitchen in the 2 bedroom unit. The property is situated in a desirable neighborhood with strong rental demand, close to public transportation, shopping, schools, and Lake Auburn. Whether you're looking to expand your portfolio or start with a solid cash-flowing property, this multifamily is a smart, hassle-free investment you won't want to miss. Group showings Saturday and Sunday (7/12 & 7/13) from 11-1. All offers due by Tuesday, July 15th at noon. Read Less
Courtesy of Maine Real Estate Experts 207-522-2729
Listing Snapshot
Days Online
9
Last Updated
Full Baths
2
Square Ft.
2,606
Lot Size
0.11 Acres
Year Built
1910
MLS Number
1629517
Additional Details
Property Access
Road Surface Type: "Paved"
Basement
Basement: "Interior", "Walk-Out Access", "Full", "Exterior Only", "Unfinished"
Building
Architectural Style: "Cape Cod", Building Area Total: 2,606, Construction Materials: "Vinyl Siding", "Wood Frame", Number Of Units Total: 2, Year Built: 1910
Cooling
Cooling: "None"
Expenses
Operating Expense: $6,536
Floors
Flooring: "Tile", "Laminate"
Garage
Garage Included, 2 garage spaces
Heating
Heating: "Radiator", "Hot Water", Heating Included
Income
Gross Income: $41,345
Interior Features
Features: "Walk-in Closets"
Laundry
Features: "Washer Hookup"
Lot
Features: "Corner Lot", "Sidewalks", "Intown", "Near Shopping", "Neighborhood", 0.11 acres, Area: 0.11, 4,792 square feet
Parking
Features: "1 - 4 Spaces", "Gravel"
Property
Parcel Number: AUBN-000260-000000-000006, Zoning: TNDD
Roof
Roof: "Shingle"
Sewer
Sewer: "Public Sewer"
Taxes
Annual Amount: $4,926, Tax Lot: 6
Utilities
Electric: "Circuit Breakers", Water Source: "Public"
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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.
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