487 Court Street

Auburn, ME 04210

$459,000
Price
8
Beds
3
Baths
4,209 Sq. Ft.
$109 / Sq. Ft.
4,209
Sq. Ft.
$109
per Sq. Ft.

Description

It is back on the market with no fault to the building. This charming 3-unit apartment building, located in Auburn, offers a fantastic investment opportunity that includes a great rental history or a perfect place to call home while renting out the other units. Built in 1920, the property retains classic architectural details while offering the comforts of today. Each unit features spacious, large bedrooms, providing ample living space for tenants. A unique feature of this building is that each unit...It is back on the market with no fault to the building. This charming 3-unit apartment building, located in Auburn, offers a fantastic investment opportunity that includes a great rental history or a perfect place to call home while renting out the other units. Built in 1920, the property retains classic architectural details while offering the comforts of today. Each unit features spacious, large bedrooms, providing ample living space for tenants. A unique feature of this building is that each unit comes with its own dedicated garage bay, ensuring convenient parking and additional storage space. Situated near local amenities, this property is in a prime location, with easy access to schools, shopping, restaurants, and medical care. With the rental history, convenient location, and practical layout, this Auburn property is an excellent opportunity for both investors and homeowners.
  1. Listed by Cynthia Powell • Hearth & Key Realty • 207-223-6325

Property Details for 487 Court Street

Waterfront
No
ArchitecturalStyle
Multi-Level
Garage Spaces
3.00
Garage
Yes
Zoning
UR-Urban Residential
LISTING UPDATED: 01/06/2025 08:47 AM

Property Details for 487 Court Street

StatusPending
MLS #1607431
Days on Market10
Taxes$4,755 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family
Year Built1920
Lot Size0.19 AC / 8,276 SF
CountyAndroscoggin County

Building Information for 487 Court Street

Stories3Residences3Year Built1920Building Size-Lot Size0.19 AC / 8,276 SF

Property Information for 487 Court Street

Summary
Location and General Information
  • Road Surface Type: Paved
  • Town: Auburn
  • State/Province: ME
  • Zip Code: 04210
  • County: Androscoggin
  • Geo Latitude: 44.094231
  • Geo Longitude: -70.245049
  • Tax Lot: 011
  • Site:Corner Lot: Yes
  • Location:Near Town: Yes
Parking
  • Parking Features: 5 - 10 Spaces, Gravel, Paved, On Site, Off Street
  • Attached Garage: Yes
Taxes and HOA Information
  • Tax Book Number: 7940
  • Tax Map Number: 229
  • Tax Year: 2024
  • Parcel Number: AUBN-000229-000000-000011
  • Location Information:Association Y/N: No
  • Tax Annual Amount: $4,755.00
Property
Heating and Cooling
  • Water Heater:Electric: Yes
Lot Information
  • SqFt Finished Below Grade: 0.0
  • SqFt Finished Above Grade: 4209.0
  • Lot Size Acres: 0.19
  • Source of Acreage: Public Records
  • Building Area Total: 4209.0
  • Lot Size Area: 0.19
  • Lot Size Units: Acres
  • Lot Size Square Feet: 8276.4
  • Bathrooms Full: 3
  • Bathrooms Half: 0
  • Street Number: 487
  • Property Information:Surveyed: Unknown
  • Property Information:Seasonal: No
  • Property Information:Owner Occupied: No
  • Property Information:Short Sale Continue to Show: No
  • Property Information:Deed/Conveyance Type Offered: Warranty
  • Property Information:Deed: All
  • Property Information:Bank Owned REO: No
  • Property Information:2 Detached Houses on 1 Lot: No
  • Property Information:Total Half Baths: .00
  • Property Information:Color: Yellow/Beige
  • Property Information:Source of Road Frontage: Public Records
Parking
  • Driveway:Gravel: Yes
  • Driveway:Paved: Yes
Property and Assessments
  • Sign on Property: Yes
  • Leased Land: No
  • Property Type: Multi-Family
  • Property Type Label: Multi-Family
  • Year Built: 1920
Utilities
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities:Utilities On: Yes
  • Gas:Natural - On Site: Yes
Interior and Exterior Features
Exterior Features
  • Construction Materials: Vinyl Siding, Wood Frame
  • # Fireplaces: 0
  • Fireplace: No
  • Vehicle Storage:3 Car: Yes
  • Roof: Flat, Other, Rolled/Hot Mop
Interior Features
  • Basement: Crawl Space, Partial, Interior Entry
  • Flooring: Vinyl, Other, Carpet
  • Cooling: None
  • Heating: Multi-Zones, Hot Water, Baseboard
  • Foundation Details: Granite, Concrete Perimeter, Brick/Mortar
  • # Stories: 3
  • Bathrooms Total (Integer): 3
  • Bathrooms Total (Decimal): 3.00
  • Bathrooms Total (Notational): 3.00
  • Cooling YN: No
  • Heating YN: Yes
Multi Family
Income & Expenses Information
  • Gross Income: $44,640.00
  • Operating Expenses: $17,644.00
Multi-Family Information
  • Number of Units: 3
  • Building Info:# Fireplaces: 0
  • Building Info:# Floors: 3
  • Building Info:# Heating Units: 1
  • Building Info:# Water Heaters: 1
Unit 1
  • Unit 1:Lease: Yes
  • Unit 1:Level: First
  • Unit 1:Security Deposit: Yes
  • Unit 1:Monthly Rent: $1,100.00
  • Unit 1:# Full Baths: 1.00
  • Unit 1:# of Half Baths: .00
  • Unit 1:# of Rooms: 4.00
  • Unit 1:# of Bedrooms: 2.00
  • Unit 1:Dedicated Electric Meter: Yes
  • Unit 1:Dedicated Gas Meter: No
  • Unit 1:Dedicated Water Heater: No
  • Unit 1:Electric: No
  • Unit 1:Heat: Yes
  • Unit 1:Range: Yes
  • Unit 1:Refrigerator: Yes
  • Unit 1:Sewer: Yes
  • Unit 1:Water: Yes
Unit 2
  • Unit 2:Lease: No
  • Unit 2:Level: Second
  • Unit 2:Security Deposit: No
  • Unit 2:Monthly Rent: $1,400.00
  • Unit 2:# Full Baths: 1.00
  • Unit 2:# Half Baths: .00
  • Unit 2:# of Rooms: 5.00
  • Unit 2:# of Bedrooms: 3.00
  • Unit 2:Dedicated Electric Meter: Yes
  • Unit 2:Dedicated Gas Meter: No
  • Unit 2:Dedicated Water Heater: No
  • Unit 2:Electric: No
  • Unit 2:Heat: Yes
  • Unit 2:Range: Yes
  • Unit 2:Refrigerator: Yes
  • Unit 2:Sewer: Yes
  • Unit 2:Water: Yes
Unit 3
  • Unit 3:Lease: Yes
  • Unit 3:Level: Third
  • Unit 3:Security Deposit: Yes
  • Unit 3:Monthly Rent: $1,500.00
  • Unit 3:# Full Baths: 1.00
  • Unit 3:# Half Baths: .00
  • Unit 3:# of Rooms: 5.00
  • Unit 3:# of Bedrooms: 3.00
  • Unit 3:Dedicated Electric Meter: Yes
  • Unit 3:Dedicated Gas Meter: No
  • Unit 3:Dedicated Water Heater: No
  • Unit 3:Electric: Yes
  • Unit 3:Heat: Yes
  • Unit 3:Range: Yes
  • Unit 3:Refrigerator: Yes
  • Unit 3:Sewer: Yes
  • Unit 3:Water: Yes
Unit Information
  • Units:# of 1 BD Units: 0
  • Units:# of 2 BD Units: 1
  • Units:# of 3 BD Units: 2
  • Units:# of 4+ BD Units: 0

Property History for 487 Court Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 487 Court Street

Taxable ValueLand$37,400Additions$152,600Total$190,000
Tax Record2023$4,323 ($360 / month)
Home Facts
Baths3Total Finished SqFt4,209 SqFtAbove Grade Finished SqFt4,209 SqFtUnfinished Basement SqFt1,403 SqFtStories3Lot Size8,712 SqFtStyleTriplexYear Built1920CountyANDROSCOGGINAPNAUBN M:229 L:011

Schools near 487 Court Street

This home is within Auburn Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 6
Public - 7 to 8
Public - 9 to 12
Private - 1 to 6
Rating
School
Distance
Park Avenue Elementary School
PublicPK to 6

Auburn Middle School
Public7 to 8

Edward Little High School
Public9 to 12

MMCFC - Falcon
Private1 to 6

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Hearth & Key Realty

Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. © 2022 Maine Real Estate Information System, Inc. All Rights Reserved.