Four-Unit Residential Income
19 Cook Street Auburn, ME 04210
New
19 Cook Street, Auburn, ME, 04210
$579,000
For Sale
$579,000
MULTI_FAMILY - Colonial - Auburn, ME
Property Size3,756 SF
Lot Size0.11 Acres
Price / SF$154.15
Days on Market1
Property Features for 19 Cook Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- T-4.2
- Bathrooms
- 4
- Rooms
- Bathroom 1, Bathroom 4, Bathroom 2, Basement, Bathroom 3
- Parking features
- Open, On Street
- Patio and Porch features
- Porch
- Interior features
- Storage
- Basement
- Full, Walk-Out Access, Unfinished
- Standard status
- Active
- Size
- 3,756 SF
- Lot size
- 0.11 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 6262
Utilities
- Sewer type
- Public Sewer
- Heating system
- Baseboard, Natural Gas, Hot Water(Heating)
- Water source
- Public
Building Details
- Year built
- 1920
- Floors in Building
- 2
- Number of units
- 4
- Flooring type
- Vinyl, Carpet, Wood
- Building materials
- Wood Frame, Vinyl Siding
- Roof type
- Flat
- Architectural style
- Colonial
- Additional Structures
- Storage
Listing Agency
The Dot Fernald Team, Inc.
(207) 240-0052
89 W Shore Drive, Greene, ME
Listed by
Erika Robert
(207) 330-5290
Added: Jul 17 Checked: Jul 17 at 7:06 pm
MLS# 1672326
Listing URL
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.
Investment Insights
Based on property information with market context.
This four-unit residential income property offers a consistent layout across all units, with two bedrooms, one bathroom, a living room, and a kitchen. The basement includes a washer/dryer for each unit, along with a dedicated storage closet per unit. Additional features include a bonus storage room and large glassed-in porches for each floor.
The property sits on a corner lot and includes a 3-car attached garage and a paved driveway.
The asset is identified as zoned T-4.2 and is currently presented for sale in Auburn, Maine.
The property sits on a corner lot and includes a 3-car attached garage and a paved driveway.
The asset is identified as zoned T-4.2 and is currently presented for sale in Auburn, Maine.
Key Highlights
- 4‑unit property with each unit offering 2 bedrooms, 1 bathroom, living room, and kitchen
- Basement includes washer/dryer for each unit plus a separate storage closet for each unit
- 3‑car attached garage, paved driveway, and a bonus storage room
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 | $53.6k | $14.28 |
| − Vacancy | −$713 | −$0.19 |
| EGI | $52.9k | $14.09 |
| − OpEx | −$15.9k | −$4.23 |
| NOI | $37.0k | $9.86 |
3,756 SF · lease $14.28/SF/yr · vacancy 1.33% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$529.2K
$463.1K – $617.4K
NOI $37,046 @ 7.0% cap · market cap 6.40%
Second Best
Apartment 5plus
$502.8K
$440.0K – $586.6K
NOI $35,197 @ 7.0% cap · market cap 6.08%
Theoretical Best
Warehouse
$6.67M
$5.84M – $7.78M
NOI $466,966 @ 7.0% cap · market cap 80.65%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Quadplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Quadplex - Four units each feature two bedrooms, one bath, living area, and kitchen, with in-unit washer/dryer in the basement.
Where is this quadplex located?
The property is located at 19 Cook Street Auburn, ME.
What is the asking price?
The asking price for this property is $579,000.
What are key features of this property?
This property features: 4‑unit property with each unit offering 2 bedrooms, 1 bathroom, living room, and kitchen; Basement includes washer/dryer for each unit plus a separate storage closet for each unit; 3‑car attached garage, paved driveway, and a bonus storage room
