Don't miss out on this one! 4 spacious units in the recently painted Victorian with high ceilings and a great layout. Fully Occupied on month to month leases with below market rents. The building is very square with a bone dry basement, natural gas heat, storage, laundry hookups, porches, off-street parking and more. Should be able to go FHA without issue.
Multi-familyProperty Type
1878Year Built
3,920 sq ftLot Size
$133Est. Price/Sq.Ft.
1 spaceParking
Listed by Shawn Boulet• Portside Real Estate Group
Bought with Sierra Lemieux• Fontaine Family-The Real Estate Leader
ATTENTION INVESTORS Large 4 Unit with tons of income potential. Rent yields 8.5 Cap currently. Updated market rent would bring yield to aprox 19%. Seller would consider owner-financing with acceptable offer and terms. Walking distance to grocery store, churches, library, pharmacy and banks. This building historically has very low vacancy rate. Don't miss out on this one !!
Year
Property tax
Land + Additions
Assessment*
2025
$4,210 (+2.8%)
$24,600 + $159,400
$184,000
2024
$4,094 (+10.0%)
$24,600 + $159,400
$184,000
2023
$3,722 (+20.0%)
$21,900 + $141,700
$163,600
2022
$3,101 (−4.5%)
$18,200 + $118,100
$136,300
2021
$3,247 (+3.0%)
$18,200 + $118,100
$136,300
2020
$3,152
$18,200 + $114,500
$132,700
2019
$3,152 (+0.3%)
$18,200 + $114,500
$132,700
2018
$3,142 (+5.9%)
$18,200 + $114,500
$132,700
2016
$2,966 (+5.2%)
$18,200 + $114,500
$132,700
2015
$2,820 (+1.4%)
$18,200 + $114,500
$132,700
2014
$2,780 (+2.5%)
$18,200 + $114,500
$132,700
2013
$2,711
$18,200 + $114,500
$132,700
Tax history for 112 Spring St
Year
Property tax
Land + Additions
Assessment*
2025
$4,210 (+2.8%)
$24,600 + $159,400
$184,000
2024
$4,094 (+10.0%)
$24,600 + $159,400
$184,000
2023
$3,722 (+20.0%)
$21,900 + $141,700
$163,600
2022
$3,101 (−4.5%)
$18,200 + $118,100
$136,300
2021
$3,247 (+3.0%)
$18,200 + $118,100
$136,300
2020
$3,152
$18,200 + $114,500
$132,700
2019
$3,152 (+0.3%)
$18,200 + $114,500
$132,700
2018
$3,142 (+5.9%)
$18,200 + $114,500
$132,700
2016
$2,966 (+5.2%)
$18,200 + $114,500
$132,700
2015
$2,820 (+1.4%)
$18,200 + $114,500
$132,700
2014
$2,780 (+2.5%)
$18,200 + $114,500
$132,700
2013
$2,711
$18,200 + $114,500
$132,700
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Permits
Beds
7
Baths
4
Stories
2
Lot width
—
Lot depth
—
Lot size
3,920 Sq. Ft.
Year renovated
—
Sq. Ft.
4,236
Year built
1878
Style
Multi-Family (5+ Unit)
County
Androscoggin County
APN
447217
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on May 6, 2026.
T-5.1
Downtown Traditional Center Districts
The Downtown Traditional Center zone is characterized by medium to larger sized buildings in a compact urban environment that generates an active street life. There is interplay between the Public Realm of the busy street and sidewalk, and the Private Realm of the residential stoops, commercial storefronts and gallery building fronts. The increased building widths form a more solid and compact street wall pattern, generating an energized traditional downtown feel.
Permitted uses
Include but are not limited to:
Religious facility
General retail
Restaurant
Housing-Single unit
Housing-Multiple units
Housing-Student
Bed & breakfast
Office
Medical office
Public service
May 18, 2020 • Final
Permits
Plumbing
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Property details
Parking
Parking Information
Parking Features: 1 - 4 Spaces, Paved, Common, On Site
Interior
Bathroom Information
# of Baths (Full): 4
Basement Information
Basement Entry: Interior, Full, Unfinished
Interior Features
Flooring: Wood, Vinyl, Tile, Carpet
Multi-Unit Information
# of Units Total: 4
# of 2 Bedroom Units: 3
# of 3 Bedroom Units: 1
Operating Expense: $16,000
Gross Income: $54,600
Unit 1 Information
# of Bedrooms: 3
Actual Rent: $1,200
Dedicated Gas Meter: No
Dedicated Water Heater: No
Electric: Yes
Has Heat: Yes
Level: First
Refrigerator: Yes
Sewer: Yes
Water: Yes
Unit 2 Information
# of Bedrooms: 2
Actual Rent: $1,350
Dedicated Gas Meter: No
Dedicated Water Heater: No
Electric: No
Has Heat: Yes
Level: First
Refrigerator: Yes
Sewer: Yes
Water: Yes
Unit 3 Information
# of Bedrooms: 2
Actual Rent: $1,000
Dedicated Gas Meter: No
Dedicated Water Heater: No
Electric: No
Has Heat: Yes
Level: Third
Refrigerator: Yes
Sewer: Yes
Water: Yes
Unit 4 Information
# of Bedrooms: 2
Actual Rent: $1,000
Dedicated Gas Meter: No
Dedicated Water Heater: No
Electric: No
Has Heat: Yes
Level: Second
Refrigerator: Yes
Sewer: Yes
Water: Yes
Exterior
Building Information
Construction Materials: Asbestos, Wood Frame
Foundation Details: Brick/Mortar
Roof: Shingle
Total Stories: 3
Total Building Area (Sq. Ft.): 4,236
Property Information
Year Built: 1878
Above-Grade Finished Area (Sq. Ft.): 4,236
Lot Information
Lot Size (Sq. Ft.): $3,920.40
Lot Size (Acres): 0.09
Lot Size Source: Public Records
Lot Features: Corner Lot, Sidewalks, Near Shopping, Neighborhood
Road Surface Type: Paved
Zoning: Residential
Financial
Tax Information
Annual Tax Amount: $3,101
Utilities
Utility Information
Has Heating
Heating: Zoned, Hot Water, Baseboard
Electric: Circuit Breakers
Sewer: Public Sewer
Utilities: Utilities On
Utilities On: Yes
Water Source: Public
Water Heater: Gas
Location
Location Information
Unparsed Address: 112 Spring Street, Auburn, ME 04210
Public facts
Beds: 7
Baths: 4.0
Sq. Ft.: 4,236
Stories: 2.0
Lot Size: 3,920 square feet
Style: Multi-Family (5+ Unit)
Year Built: 1878
Year Renovated: —
County: Androscoggin County
APN: 447217
Home facts updated by county records on May 6, 2026
Around this home
Schools
Sherwood Heights Elementary School
Public PreK-6 • Assigned • 1.2mi
2/10
Auburn Middle School
Public 7-8 • Assigned • 1.1mi
4/10
Edward Little High School
Public 9-12 • Assigned • 0.3mi
4/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
3/10 Heat Factor
7 days above 94° expected this year, 15 days in 30 years
4/10 Wind Factor
12% chance of strong winds in next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 1 days in 30 years
Provided by First Street
Historical weather
Auburn, ME • 04210
Average low and high temperatures (°F)
28
10
31
10
43
25
54
35
64
46
77
55
81
61
80
54
73
50
61
40
47
30
33
15
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 8.1 hours in
June and 3.7 hours in December, placing it below the
U.S. average for solar exposure.