16 Chestnut St Auburn, ME 04210
Union Street NeighborhoodEstimated payment $2,542/month
Highlights
- Colonial Architecture
- Baseboard Heating
- Carpet
- No HOA
- Level Lot
About This Home
Updated, fully rented 3-unit in great Auburn location.Maximize your investment portfolio with this well-kept, income generating 3 unit. All units have great rental history and have been maintained professionally. Don't miss your opportunity to secure a property that pays for itself.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,101
Year Built
- Built in 1920
Lot Details
- 6,098 Sq Ft Lot
- Level Lot
- Open Lot
Home Design
- 3,118 Sq Ft Home
- Colonial Architecture
- Wood Frame Construction
- Pitched Roof
- Shingle Roof
- Clap Board Siding
- Clapboard
Flooring
- Carpet
- Laminate
- Vinyl
Unfinished Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
Parking
- Driveway
- Paved Parking
Utilities
- No Cooling
- Heating System Uses Natural Gas
- Baseboard Heating
- Hot Water Heating System
- Gas Water Heater
Additional Features
- 3 Full Bathrooms
- City Lot
Listing and Financial Details
- Tax Lot 333
- Assessor Parcel Number AUBN-000250-000000-000333
Community Details
Overview
- No Home Owners Association
- 3 Units
Building Details
- Operating Expense $9,307
- Gross Income $42,066
Map
Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|---|
| 2024 | $4,101 | $184,300 | $30,600 | $153,700 |
| 2023 | $3,729 | $163,900 | $27,200 | $136,700 |
| 2022 | $3,112 | $136,800 | $22,700 | $114,100 |
| 2021 | $3,216 | $135,000 | $22,700 | $112,300 |
| 2020 | $3,126 | $131,600 | $22,700 | $108,900 |
| 2019 | $3,126 | $131,600 | $22,700 | $108,900 |
| 2018 | $3,116 | $131,600 | $22,700 | $108,900 |
| 2017 | $3,025 | $131,600 | $22,700 | $108,900 |
| 2016 | $2,941 | $131,600 | $22,700 | $108,900 |
| 2015 | $2,797 | $131,600 | $22,700 | $108,900 |
| 2013 | $2,682 | $131,300 | $22,700 | $108,600 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/19/2025 05/19/25 | Pending | -- | -- | -- |
| 05/08/2025 05/08/25 | For Sale | $395,000 | +259.1% | $127 / Sq Ft |
| 06/08/2017 06/08/17 | Sold | $110,000 | -4.3% | $35 / Sq Ft |
| 04/28/2017 04/28/17 | Pending | -- | -- | -- |
| 02/24/2017 02/24/17 | For Sale | $114,900 | -- | $37 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | -- | |
| Warranty Deed | -- | -- | |
| Warranty Deed | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,946,400 | Stand Alone Refi Refinance Of Original Loan | |
| Closed | $500,000 | Stand Alone Refi Refinance Of Original Loan | |
| Closed | $43,500 | Stand Alone Refi Refinance Of Original Loan | |
| Closed | $1,027,500 | Stand Alone Refi Refinance Of Original Loan | |
| Closed | $1,027,500 | Stand Alone Refi Refinance Of Original Loan | |
| Closed | $239,900 | Stand Alone Refi Refinance Of Original Loan | |
| Closed | $145,000 | Stand Alone Refi Refinance Of Original Loan | |
| Closed | $82,500 | Purchase Money Mortgage |
Source: Maine Listings
MLS Number: 1621895
APN: AUBN-000250-000000-000333
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Listing data is derived in whole or in part from Maine Real Estate Information System, Inc. (d/b/a Maine Listings) and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.
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