Investors take note! Come see this great three-unit in downtown Auburn at 11 Pearl Street. Units 1 + 2 are both spacious two bedroom, one bath apartments that have been recently updated with new flooring, bathrooms, fixtures, paint and more. The third floor unit features one bedroom and one bathroom. Property highlights include plenty of parking, a unique two story barn for storage, flat grassy yard, fantastic location - walkable to Hannaford and easy access to I-95. There's also a large basement with an on demand hot water heater, three natural gas boilers, and separate electric meters. This property not only offers immediate rental income, but also promises long-term value given its desirable location and recent updates. Back on market due to financing issue. Open House Saturday June 15th from 12-1:30pm.
Closed
$350,000
11 Pearl Street, Auburn, ME 04210
5beds
2,777sqft
Multi Family
Built in 1878
-- sqft lot
$424,400 Zestimate®
$126/sqft
$1,967 Estimated rent
Home value
$424,400
$390,000 - $458,000
$1,967/mo
Zestimate® history
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$1,774/mo
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Zillow last checked:
Listing updated:
Listed by:
Portside Real Estate Group
Bought with:
Locations Real Estate Group LLC
Source: Maine Listings,MLS#: 1591092
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Baseboard, Hot Water
Cooling
- None
Features
- Bathtub, Storage
- Flooring: Vinyl, Wood
- Basement: Interior Entry,Full,Unfinished,Brick/Mortar
- Number of fireplaces: 1
Interior area
- Total structure area: 2,777
- Total interior livable area: 2,777 sqft
- Finished area above ground: 2,777
- Finished area below ground: 0
Property
Parking
- Parking features: Paved, 1 - 4 Spaces, Off Street, Tandem
Features
- Levels: Multi/Split
- Stories: 3
Lot
- Size: 5,662 sqft
- Features: City Lot, Near Shopping, Near Turnpike/Interstate, Level, Sidewalks
Details
- Additional structures: Barn(s)
- Parcel number: AUBNM240L158
- Zoning: T4.2
- Other equipment: Internet Access Available
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Other
- Property subtype: Multi Family
Materials
- Wood Frame, Asbestos, Clapboard, Wood Siding
- Foundation: Block, Brick/Mortar
- Roof: Shingle
Condition
- Year built: 1878
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Utilities On
Community & neighborhood
Location
- Region: Auburn
Other
Other facts
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 7/12/2024 | Sold | $350,000+6.1%$126/sqft |
Source:  Maine Listings #1591092 Report a problem | ||
| 6/16/2024 | Pending sale | $330,000$119/sqft |
Source: Maine Listings #1591092 Report a problem | ||
| 6/12/2024 | Listed for sale | $330,000$119/sqft |
Source: Maine Listings #1591092 Report a problem | ||
| 6/7/2024 | Pending sale | $330,000$119/sqft |
Source: Maine Listings #1591092 Report a problem | ||
| 5/30/2024 | Listed for sale | $330,000+135.9%$119/sqft |
Source: Maine Listings #1591092 Report a problem | ||
| 6/7/2018 | Sold | $139,900$50/sqft |
Source: Maine Listings #1346697 Report a problem | ||
| 4/25/2018 | Listed for sale | $139,900+89.1%$50/sqft |
Source: The Maine Real Estate Network #1346697 Report a problem | ||
| 3/30/2012 | Sold | $74,000$27/sqft |
Source: Maine Listings #1019997 Report a problem | ||
| 1/24/2012 | Price change | $74,000-6.3%$27/sqft |
Source: RE/MAX River Cities #1019997 Report a problem | ||
| 6/27/2011 | Listed for sale | $79,000$28/sqft |
Source: Re/Max River Cities #1019997 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $3,969 +9.6% | $178,400 +12.1% |
| 2023 | $3,620 +19.4% | $159,100 +19.4% |
| 2022 | $3,033 -8.1% | $133,300 -3.8% |
| 2021 | $3,301 +2.8% | $138,600 +2.5% |
| 2020 | $3,211 | $135,200 |
| 2019 | $3,211 +0.3% | $135,200 |
| 2018 | $3,202 +6.7% | $135,200 +3.6% |
| 2017 | $3,000 +2.9% | $130,500 |
| 2016 | $2,917 | $130,500 |
| 2015 | $2,917 +5.2% | $130,500 |
| 2013 | $2,773 +6.5% | $130,500 -1.8% |
| 2012 | $2,604 -0.8% | $132,900 -1.8% |
| 2011 | $2,625 +3.3% | $135,400 -2.4% |
| 2009 | $2,541 -6.6% | $138,800 -6.1% |
| 2008 | $2,721 | $147,800 +54.9% |
| 2006 | -- | $95,400 |
Find assessor info on the county website
Neighborhood: 04210
Nearby schools
GreatSchools rating
- 4/10Park Avenue Elementary SchoolGrades: PK-6Distance: 0.7 mi
- 4/10Auburn Middle SchoolGrades: 7-8Distance: 1.1 mi
- 4/10Edward Little High SchoolGrades: 9-12Distance: 0.4 mi
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- Maine
- Androscoggin County
- Auburn
- 04210
- 11 Pearl Street
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