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Jeff Smith
REALTOR®
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2 Oak Street , Auburn, ME 04210

$594,900
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New to the Market Active
BATHS5 full SQUARE FEET4,592 MLS#1665220
STATUSActive PROPERTY TYPEMulti Unit - Multiple

Property 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 propertyApproximately 9.5% cap rateStrong income-producing assetLocated in the sought-after Lewiston-Auburn marketExcellent addition to an established portfolioGreat opportunity for first-time investorsStrong rental demand and long-term growth potentialDon'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.

2 Oak Street | MLS# 1665220

This multi-family property located at 2 Oak Street , Auburn, ME 04210 is currently listed for sale with an asking price of $594,900. Search Auburn real estate on jeffsmith.masiellogrouprealestate.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Exterior Entry, Interior Entry, Full, Unfinished
Basement: Yes
Heating: Oil, Baseboard, Hot Water
Home Style: Other
Lot Size: 0.11 Acres
Roof Type: Shingle
Taxes: $7,296
Year Built: 1920

Feature Descriptions

Amenities: Laundry - Coin
Electric: Circuit Breakers
Exterior: Wood Frame, Vinyl Siding
Flooring: Carpet, Vinyl
Foundation: Stone, Brick/Mortar
Lot: Intown, Level, Open Lot
Parking: Paved,1 - 4 Spaces, Off Street
Sewer: Public Sewer
SQ FT Above Grade: 4592
SQ FT Below Grade: 0
Water: Public

Listed By / Shown By

Listed By

Agency Name: EXP Realty
Agent Name: Kyle McCarthy
Agency Phone: 888-439-8743

Shown By

Agent Name: Jeff Smith
Agent Phone:
Agency Title: Better Homes and Gardens Real Estate The Masiello Group

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Estimated Payment

$ 2,105.50 per month $1,323.99 Principal & Interest $608.00 Property Tax $173.51 Homeowner's Insurance

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 06/05/2026. The listing information on this page last changed on 06/05/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Fri 06/05/2026 7:58:01 AM EST) or MLSPIN MLS (last updated Fri 06/05/2026 7:54:36 AM EST) or Prime MLS (last updated Fri 06/05/2026 7:33:36 AM EST) or MREIS (last updated Fri 06/05/2026 7:31:38 AM EST). Real estate listings held by brokerage firms other than Better Homes and Gardens Real Estate The Masiello Group may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.



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.© 2026 Maine Real Estate Information System, Inc. All Rights Reserved.

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Agency License Information: Better Homes and Gardens® and the Better Homes and Gardens Real Estate Logo are registered service marks owned by Meredith Corporation and licensed to Better Homes and Gardens Real Estate LLC. The Masiello Group Limited fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. Each franchise is independently owned and operated. Any services or products provided by independently owned and operated franchisees are not provided by, affiliated with or related to Better Homes and Gardens Real Estate LLC nor any of its affiliated companies.


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