Four-Unit Multifamily
82 Hampshire Street Auburn, ME 04210
For Sale
$475,000
Four-unit building offers two 1-bedroom and two 2-bedroom apartments with off-street parking and vinyl siding.
Property Size3,272 SF
Price / SF$145.17
Days on Market17
Property Features for 82 Hampshire Street
General Information
- Standard status
- Active
- Size
- 3,272 SF
- Property subtype
- Multi-family
Building Details
- Year Built
- 1920
Listing Agency:
Keller Williams Realty
Listed By:
Faith Fontaine
(603) 433-3350
Source:
Greatislandrealty
Added: Jul 8
Changed: Jul 23
Last Checked: Jul 23 at 8:22AM
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 Keller Williams Realty
Investment Insights
Based on property information with market context.
This four-unit multifamily building features a unit mix of two 1-bedroom apartments and two 2-bedroom apartments. Exterior improvements include vinyl siding, designed to help reduce exterior maintenance. Off-street parking is available for residents, and the property is serviced by two heating systems, offering flexibility for property management.
Located at 82 Hampshire Street in Auburn, the building is positioned for convenient access to shopping, restaurants, and everyday amenities.
For buyers seeking a versatile income-producing property, the configuration provides a straightforward rental mix while supporting ongoing exterior and heating system management across four separate units.
Located at 82 Hampshire Street in Auburn, the building is positioned for convenient access to shopping, restaurants, and everyday amenities.
For buyers seeking a versatile income-producing property, the configuration provides a straightforward rental mix while supporting ongoing exterior and heating system management across four separate units.
Key Highlights
- Four‑unit multi‑family building built in 1920 with two 1‑bedroom and two 2‑bedroom apartments
- Off‑street parking for added tenant convenience
- Low‑maintenance vinyl siding exterior
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 | $46.7k | $14.28 |
| − Vacancy | −$621 | −$0.19 |
| EGI | $46.1k | $14.09 |
| − OpEx | −$13.8k | −$4.23 |
| NOI | $32.3k | $9.86 |
3,272 SF · lease $14.28/SF/yr · vacancy 1.33% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$461.0K
$403.4K – $537.9K
NOI $32,272 @ 7.0% cap · market cap 6.79%
Second Best
Apartment 5plus
$438.0K
$383.3K – $511.0K
NOI $30,662 @ 7.0% cap · market cap 6.46%
Theoretical Best
Warehouse
$5.81M
$5.08M – $6.78M
NOI $406,792 @ 7.0% cap · market cap 85.64%
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 building offers two 1-bedroom and two 2-bedroom apartments with off-street parking and vinyl siding.
Where is this quadplex located?
The property is located at 82 Hampshire Street Auburn, ME.
What is the asking price?
The asking price for this property is $475,000.
What are key features of this property?
This property features: Four‑unit multi‑family building built in 1920 with two 1‑bedroom and two 2‑bedroom apartments; Off‑street parking for added tenant convenience; Low‑maintenance vinyl siding exterior
