NOT LISTED FOR SALE

37 S Goff St Auburn, ME 04210

Estimated Value: $188,045 - $264,000

3 Beds
4 Baths
3,749 Sq Ft
$63/Sq Ft Est. Value

Last Sold October 05, 2023

Last sale price $450,000 $120 Per Sq Ft

Est. 47% decrease in value since last sale

Current estimated payment $1,408/month

5 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • Forced Air Heating System
  • Corner Lot

About This Home

As of October 2023

Welcome to 37 Goff Street, a fantastic investment opportunity nestled in the charming town of Auburn, Maine. This well-maintained 4-unit multi-family property offers an excellent chance to expand your real estate portfolio and enjoy strong rental income in a thriving community.

Each unit in this property has been thoughtfully designed and features two units with 3-bedrooms each, one unit with 2-bedrooms and one unit with 1-bedroom. The interiors boast over 3,700 square feet of well-utilized space, ensuring comfortable and convenient living spaces.

As an investor, you'll be pleased to know that this property has a proven track record of generating robust rents and income. The demand for rental properties in Auburn is high, and with a strategic location like 37 Goff Street, you can expect to attract quality tenants easily. Whether you're an experienced investor or just starting your real estate journey, this property promises a solid return on your investment.

Beyond the property's exceptional features, the surrounding area offers a wealth of amenities and attractions. Auburn, known for its warm community spirit and scenic landscapes, provides residents with a delightful small-town ambiance. Explore the downtown area, filled with charming shops, local eateries, and cultural venues. Outdoor enthusiasts will appreciate the proximity to various parks, lakes, and trails, perfect for hiking, biking, and boating adventures.

Investing in this 4-unit multi-family property at 37 Goff Street combines an attractive income-generating asset with the desirable location of Auburn, Maine. Don't miss out on this opportunity to secure your financial future and become a part of this thriving community.

Last Agent to Sell the Property

Daniel Weber

Portside Real Estate Group Listed on: 05/24/2023

Last Buyer's Agent

Vivian Gibbons

Coldwell Banker Realty

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,401

Year Built

  • Built in 1920

Lot Details

  • 4,792 Sq Ft Lot
  • Corner Lot
  • Level Lot

Home Design

  • Brick Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Clap Board Siding
  • Clapboard

Interior Spaces

  • 4 Full Bathrooms
  • 3,749 Sq Ft Home
  • Multi-Level Property
  • Unfinished Basement

Flooring

  • Wood
  • Laminate

Parking

  • Gravel Driveway
  • Off-Street Parking

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Heating System Mounted To A Wall or Window
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 125
  • Assessor Parcel Number 37Goff StreetAuburn04210

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • Operating Expense $17,116
  • Gross Income $57,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,401

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.11
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Subdivision Name: N/A
  • Directions: Court Street to Goff Street.
  • Above Grade Finished Sq Ft: 3749.0
  • Architectural Style: Multi-Level
  • Garage Yn: No
  • Year Built: 1920
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.11
  • Property Information:Total Baths: 4.0
  • Property Information:SqFt Finished Above Grade: 3749.0
  • Property Information:Garage: No
  • Site:Corner Lot: Yes
  • Site:Level: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Forced Air: Yes
  • Cooling:None3: Yes
  • Floors:Wood3: Yes
  • Parking:Off Street: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Gas:Natural - On Site: Yes
  • Water Heater:Electric2: Yes
  • Basement:Unfinished: Yes
  • Heat Fuel:Gas Natural: Yes
  • Floors:Laminate: Yes
  • Property Information:Number of Units: 4
  • Foundation Materials:BrickMortar2: Yes
  • Exterior:Clapboard: Yes
  • Income Expenses Gross Income: 57000.0
  • Income Expenses Operating Expenses: 17115.55
  • Style:Multi-Level: Yes
  • Driveway:Gravel: Yes
  • Heat System:Direct Vent Furnace: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Not Applicable, Unfinished
  • Full Bathrooms: 4
  • Flooring: Wood, Laminate

Exterior Features

  • Lot Features: Corner Lot, Level, Sidewalks, Near Shopping, Near Turnpike/Interstate, Near Town
  • Waterfront: No
  • Construction Type: Clapboard, Wood Frame
  • Foundation Details: Brick/Mortar
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Parking Features: 1 - 4 Spaces, Gravel, Off Street

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air, Direct Vent Furnace
  • 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: 4791.6
  • Parcel #: 37Goff StreetAuburn04210
  • Zoning: General Business

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 57000.0
  • Annual Operating Expense: 17115.55

Tax Info

  • Tax Annual Amount: 3401.0
  • Tax Book Number: 11177
  • Tax Lot: 125
  • Tax Map Number: 240
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 30, 2019
Closed on
Sep 25, 2019
Sold by
Mtglq Investors Lp
Bought by
Gowell Reginald
Seller's Agent
Crystal Fontaine-Bergeron
Fontaine Family-The Real Estate Leader
Buyer's Agent
Chad Doucette
Fontaine Family-The Real Estate Leader
List Price
$29,900
Sold Price
$20,000
Premium/Discount to List
-$9,900
-33.11%
Current Estimated Value
$238,011

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$218,011
Avg. Annual Appreciation
51.00%

Purchase Details

Listed on
Aug 30, 2019
Closed on
Sep 10, 2019
Sold by
Mtglq Investors Lp
Bought by
Mtglq Investors Lp
Seller's Agent
Crystal Fontaine-Bergeron
Fontaine Family-The Real Estate Leader
Buyer's Agent
Chad Doucette
Fontaine Family-The Real Estate Leader
List Price
$29,900
Sold Price
$20,000
Premium/Discount to List
-$9,900
-33.11%
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Gowell Reginald -- --
Mtglq Investors Lp -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/05/2023 10/05/23 Sold $450,000 +12.5% $120 / Sq Ft
05/29/2023 05/29/23 Pending -- -- --
05/24/2023 05/24/23 For Sale $399,999 +1900.0% $107 / Sq Ft
09/27/2019 09/27/19 Sold $20,000 -33.1% $20 / Sq Ft View Prior Sale
09/16/2019 09/16/19 Pending -- -- --
08/30/2019 08/30/19 For Sale $29,900 -74.4% $30 / Sq Ft
11/30/2018 11/30/18 Sold $117,000 +1.7% $31 / Sq Ft View Prior Sale
10/24/2018 10/24/18 Pending -- -- --
10/18/2018 10/18/18 For Sale $115,000 +31.1% $31 / Sq Ft
12/04/2015 12/04/15 Sold $87,700 -12.3% $87 / Sq Ft View Prior Sale
09/15/2015 09/15/15 Pending -- -- --
06/20/2014 06/20/14 For Sale $100,000 -- $99 / Sq Ft
Source: Maine Listings

Tax History Compared to Growth

Source: Public Records

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 $1,687 $75,800 $35,000 $40,800
2023 $1,533 $67,400 $31,100 $36,300
2022 $1,533 $67,400 $31,100 $36,300
2021 $1,336 $56,100 $25,900 $30,200
2020 $1,883 $79,300 $25,900 $53,400
2019 $1,408 $79,300 $25,900 $53,400
2018 $1,404 $79,300 $25,900 $53,400
2017 $1,363 $79,300 $25,900 $53,400
2016 $1,437 $79,300 $25,900 $53,400
2015 $1,473 $79,300 $25,900 $53,400
2013 -- $79,300 $25,900 $53,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1559897

Maine Listings

APN: AUBN-000240-000000-000274