Four-Unit Residential Income
20 Temple Street Auburn, ME 04210
For Sale
$499,000
Four-unit residential income property featuring two efficiency units and two larger layouts with in-unit office or bedroom options.
Property Size2,906 SF
Price / SF$171.71
Days on Market9
Property Features for 20 Temple Street
General Information
- Standard status
- Active
- Size
- 2,906 SF
- Property subtype
- Multi-family
Building Details
- Year Built
- 1920
Listing Agency:
The Dot Fernald Team,Inc.
Listed By:
Erika Robert
(603) 866-2942
Source:
Profoundrealestate
Added: Jul 16
Changed: Jul 23
Last Checked: Jul 23 at 3:44AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of The Dot Fernald Team,Inc.
Investment Insights
Based on property information with market context.
This well-cared-for four-unit residential income building is 100% occupied. The property includes two efficiency units and two additional units that could be configured for a 3-bedroom or 2-bedroom layout with an office, along with storage space for tenant needs. Updates have been made over the years, and two units are fully furnished.
The building sits on a quiet dead-end street in Auburn, with Chestnut Park noted as being within walking distance.
Recent improvements include a new paved driveway in July 2026 and a freshly painted porch.
The building sits on a quiet dead-end street in Auburn, with Chestnut Park noted as being within walking distance.
Recent improvements include a new paved driveway in July 2026 and a freshly painted porch.
Key Highlights
- 4‑unit residential income property built in 1920
- All 4 units are 100% occupied
- Unit mix includes two efficiency units and two larger layouts with office or bedroom options
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 | $41.5k | $14.28 |
| − Vacancy | −$552 | −$0.19 |
| EGI | $40.9k | $14.09 |
| − OpEx | −$12.3k | −$4.23 |
| NOI | $28.7k | $9.86 |
2,906 SF · lease $14.28/SF/yr · vacancy 1.33% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$409.5K
$358.3K – $477.7K
NOI $28,662 @ 7.0% cap · market cap 5.74%
Second Best
Apartment 5plus
$389.0K
$340.4K – $453.9K
NOI $27,232 @ 7.0% cap · market cap 5.46%
Theoretical Best
Warehouse
$5.16M
$4.52M – $6.02M
NOI $361,289 @ 7.0% cap · market cap 72.40%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Quadplexes
FAQs
What type of property is this?
Quadplex - Four-unit residential income property featuring two efficiency units and two larger layouts with in-unit office or bedroom options.
Where is this quadplex located?
The property is located at 20 Temple Street Auburn, ME.
What is the asking price?
The asking price for this property is $499,000.
What are key features of this property?
This property features: 4‑unit residential income property built in 1920; All 4 units are 100% occupied; Unit mix includes two efficiency units and two larger layouts with office or bedroom options
