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Property view

198 Summer Street, 
Auburn, ME 04210

$487,500


Bed


3

Baths


3,935

Sq Ft


Multi-Family

Sold

Listed by

Toni Ferraro

Bought with Keller Williams Realty

Ferraro Realty LLC., Toni@Ferraro-Realty.com

MLS#

1639969

Source:

ME MREIS

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About This Home

198 Summer Street

Spacious 3-Unit Apartment Building - Great Investment Opportunity! 🏡💼 Welcome to this well-cared-for 3-unit apartment building offering roomy 2-bedroom layouts, hardwood floors, and warm, inviting spaces throughout. Each unit has a functional design with large living areas, natural light, and plenty of charm. Two units feature washer and dryer hookups, and two offer efficient Rinnai backup heating systems — perfect for Maine winters! Tenants enjoy the convenience of natural gas heat, ample off-street parking, and individual storage rooms for each unit. The building has been thoughtfully maintained, with a new heating system (approx. 5 years old) and a roof just 7 years old, providing peace of mind for years to come. All three units are currently rented on a month-to-month basis, making this property ideal for both investors and those looking for an owner-occupied opportunity. You'll love the central location — just minutes from shopping malls, hospitals, restaurants, and easy highway access. This property blends practicality with potential, offering comfort for tenants and reliable income for owners. Whether you're adding to your portfolio or searching for your first investment, this multi-unit has the space, updates, and location that make it a smart choice. Don't miss your chance to own a solid property with lasting value!

Home Facts

Multi-Family

3 Baths

Built in 1902

Price Summary

500,000

$127 per Sq. Ft.

MLS #:

1639969

Sold:

November 25, 2025


Rooms & Interior

Bathrooms

Total Bathrooms:

3

Full Bathrooms:

3

Interior

Living Area:

3,935 Sq. Ft.


Structure

Structure

Architectural Style:

New Englander

Building Area:

3,935 Sq. Ft.

Year Built:

1902


Lot

Lot Size (Sq. Ft):

7,840


Finances & Disclosures

Finances

Price:

$500,000

Price per Sq. Ft:

$127 per Sq. Ft.

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