104 S Main Street, Auburn, ME 04210
MULTI_FAMILY - Auburn, ME
Property Features for 104 S Main Street
General Information
Taxes and HOA fees
Utilities
Amenities
Building Details
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Investment Insights
Based on property information with market context.
The second-floor unit has a bright, spacious layout with a double living room, two bedrooms, a large eat-in kitchen, and abundant storage. The property also includes a large walk-out basement with convenient access to the expansive backyard. Parking options include on-site and street availability.
Additional property features include a new shingle roof, public water, and public sewer. Constructed in 1900 with wood-frame construction and heated via oil hot water baseboard, the home includes a porch and deck, fenced yard, and flooring such as laminate, hardwood, and vinyl.
Key Highlights
- 0.34‑acre duplex on a double lot with additional road frontage on Fulton Street
- First‑floor unit currently vacant; three bedrooms and a walk‑in sauna in the bathroom
- Second‑floor unit with double living room, two bedrooms, large eat‑in kitchen, and abundant storage
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $36.4k | $14.28 |
| − Vacancy | −$485 | −$0.19 |
| EGI | $36.0k | $14.09 |
| − OpEx | −$10.8k | −$4.23 |
| NOI | $25.2k | $9.86 |
Alternative Uses
Property Analytics
Current Use
Lease Details
Location Intelligence
Trade Area within ½ mile
Demographics for 04210, ME
Market
Vacancy Rate% for Multifamily in Northeast region