NOT LISTED FOR SALE

112 Spring St Auburn, ME 04210

-- Bed
4 Baths
4,236 Sq Ft
3,920 Sq Ft Lot

Sale Details

Date Sold: January 19, 2024

Last sale price $510,000 $120 Per Sq Ft

7 Days on Market

Highlights

  • Wood Flooring
  • Corner Lot
  • Zoned Heating
  • Victorian Architecture
  • No HOA
  • Baseboard Heating

About This Home

As of January 2024

Don't miss out on this one! 4 spacious units in the recently painted Victorian with high ceilings and a great layout. Fully Occupied on month to month leases with below market rents. The building is very square with a bone dry basement, natural gas heat, storage, laundry hookups, porches, off-street parking and more. Should be able to go FHA without issue.

Last Agent to Sell the Property

Shawn Boulet

Portside Real Estate Group Listed on: 10/08/2023

Last Buyer's Agent

Sierra Lemieux

Fontaine Family-The Real Estate Leader

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,101

Year Built

  • Built in 1878

Lot Details

  • 3,920 Sq Ft Lot
  • Corner Lot

Home Design

  • Victorian Architecture
  • Brick Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Asbestos Siding
  • Asbestos

Interior Spaces

  • 4 Full Bathrooms
  • 4,236 Sq Ft Home
  • 3-Story Property

Flooring

  • Wood
  • Carpet
  • Tile
  • Vinyl

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Parking

  • Common or Shared Parking
  • Shared Driveway
  • Paved Parking
  • On-Site Parking

Utilities

  • No Cooling
  • Zoned Heating
  • Heating System Uses Natural Gas
  • Baseboard Heating
  • Hot Water Heating System
  • Gas Water Heater

Listing and Financial Details

  • Tax Lot 261
  • Assessor Parcel Number 112SpringStreetAuburn04210

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • Operating Expense $16,000
  • Gross Income $54,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,101

Year Built

Built in 1878

Lot Details

3,920 Sq Ft Lot

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.09
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Above Grade Finished Sq Ft: 4236.0
  • Architectural Style: Victorian
  • Garage Yn: No
  • Building Stories: 3
  • Year Built: 1878
  • Location Information:Leased Land: No
  • Contract Information:List PriceSqFt: 112.13
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.09
  • Property Information:Total Baths: 4.0
  • Property Information:SqFt Finished Above Grade: 4236.0
  • Property Information:Garage: No
  • Site:Corner Lot: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Hot Water: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Tile2: Yes
  • Floors:Vinyl: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Water Heater:Gas: Yes
  • Gas:Natural - On Site: Yes
  • Driveway:Common2: Yes
  • Basement:Unfinished: Yes
  • Heat Fuel:Gas Natural: Yes
  • Property Information:Number of Units: 4
  • Foundation Materials:BrickMortar2: Yes
  • Heat System:Multi-Zones: Yes
  • Building Info:_pound_ Stories2: 3
  • Income Expenses Gross Income: 54600.0
  • Income Expenses Operating Expenses: 16000.0
  • Parking:On Site2: Yes
  • Exterior:Asbestos: Yes
  • Building Info:_pound_ Floors3: 3
  • Advertising Remarks:Advertising Remarks: Don't miss out on this one! 4 spacious units in the recently painted Victorian with high ceilings and a great layout. Fully Occupied on month to month leases with below market rents. The building is very square with a bone dry basement, natural gas heat, storage, laundry hookups, porches, off-street parking and more. Should be able to go FHA without issue. Listing Broker has an ownership interest.
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Has Basement: Full, Interior Entry, Unfinished
  • Full Bathrooms: 4
  • Flooring: Wood, Vinyl, Tile, Carpet
  • Stories: 3
  • Full Basement: Yes

Exterior Features

  • Lot Features: Corner Lot, Sidewalks, Near Shopping, Neighborhood
  • Waterfront: No
  • Construction Type: Asbestos, Wood Frame
  • Foundation Details: Brick/Mortar
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Parking Features: 1 - 4 Spaces, Paved, Common, On Site

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Multi-Zones, Hot Water, Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Utilities: Utilities On
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 3920.4
  • Parcel #: 112SpringStreetAuburn04210
  • Zoning: Residential

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 54600.0
  • Annual Operating Expense: 16000.0

Tax Info

  • Tax Annual Amount: 3101.0
  • Tax Lot: 261
  • Tax Year: 23
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/19/2024 01/19/24 Sold $510,000 +7.4% $120 / Sq Ft
10/15/2023 10/15/23 Pending -- -- --
10/08/2023 10/08/23 For Sale $475,000 +163.9% $112 / Sq Ft
10/23/2020 10/23/20 Sold $180,000 +0.1% $42 / Sq Ft View Prior Sale
09/17/2020 09/17/20 Pending -- -- --
09/14/2020 09/14/20 For Sale $179,900 -- $42 / Sq Ft
Source: Maine Listings

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $4,210 $184,000 $24,600 $159,400
2024 $4,094 $184,000 $24,600 $159,400
2023 $3,722 $163,600 $21,900 $141,700
2022 $3,101 $136,300 $18,200 $118,100
2021 $3,247 $136,300 $18,200 $118,100
2020 $3,152 $132,700 $18,200 $114,500
2019 $3,152 $132,700 $18,200 $114,500
2018 $3,142 $132,700 $18,200 $114,500
2017 $3,051 $132,700 $18,200 $114,500
2016 $2,966 $132,700 $18,200 $114,500
2015 $2,820 $132,700 $18,200 $114,500
2013 $2,711 $132,700 $18,200 $114,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1574283

Maine Listings
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