154 Madison Street, Auburn, ME 04210
MULTI_FAMILY - Auburn, ME
- Added:
- Jun 7, 2026
- Days on Market:
- 9
- Last Refresh:
- Jun 15 at 8:06 am
Property Features for 154 Madison Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- UR
- Bathrooms
- 2
- Rooms
- Bathroom 1, Basement, Bathroom 2
- Pets allowed
- No
- Interior features
- 1st Floor Bedroom, 1st Floor Primary Bedroom w/Bath, Bathtub, Shower
- Basement
- Walk-Out Access, Full
- Standard status
- Active
- Size
- 1,913 SF
- Lot size
- 0.31 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Annual Amount
- 3284
Utilities
- Sewer type
- Public Sewer
- Heating system
- Baseboard, Hot Water(Heating), Oil
- Water source
- Public
Building Details
- Year built
- 1900
- Number of units
- 2
- Flooring type
- Vinyl, Wood, Carpet
- Building materials
- Wood Frame, Vinyl Siding, Wood Siding
- Roof type
- Shingle
Listing agent Mike Sahabo (207) 632-3637
Listing office Keller Williams Realty 190 Main Street, Portland, ME (207) 879-9800
Listing date Jun 7, 2026
Copyright © 2026 Maine Listings. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Cozy living room with a fireplace
- 2‑car garage plus deck for outdoor living
- 1st floor primary bedroom with bath and a 1st floor bedroom
- Laundry hook‑ups available
- Public water and public sewer
- Approx. year built 1900; shingle roof with wood frame construction and vinyl siding
Overview
Local 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 | $27.3k | $14.28 |
| − Vacancy | −$363 | −$0.19 |
| EGI | $27.0k | $14.09 |
| − OpEx | −$8.1k | −$4.23 |
| NOI | $18.9k | $9.86 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Auburn
- County
- Androscoggin
- State
- Maine
- Longitude
- -70.235484
- Latitude
- 44.0862
