295 Pakachoag Street, Auburn, MA 01501

$429,900
2
BD
2
BA
1,179
SqFt

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List Price
$429,900
Status
NEW
MLS#
73601395
Bedrooms
2
Bathrooms
2
Full Baths
2
Living Area
1,179
Lot Size (Acres)
0.46
Year Built
1963

Property Description

Welcome to this fantastic two-family duplex on Pakachoag Hill in desirable Auburn! Offering an exceptional opportunity for owner-occupants, investors, multigenerational living, or anyone looking to turn their housing expense into an investment, this property offers flexibility, income potential, and room to enjoy. Each unit features one bedroom, one full bath, and an open kitchen, living, and dining area, providing comfortable, manageable living spaces with excellent rental appeal. Prior to the owners beginning updates and clearing out both units, each was occupied by long-term, month-to-month tenants paying $1,600 per month—below current market value. For the owner-occupant, imagine enjoying one side as your own home while rental income from the second unit helps offset your mortgage payment. Instead of paying rent without building equity, you have the opportunity to put your housing dollars toward ownership and begin building wealth. Prefer to rent both units? The potential rental income from both apartments could provide an attractive return and help cover monthly carrying costs. Or perhaps multigenerational living is what you need? This property offers many possibilities! Situated on nearly half an acre, the property also offers plenty of outdoor space to relax, entertain, and enjoy the warmer months. Make the most of the patio and spacious yard—perfect for outdoor dining, a fire pit for gathering with friends on summer evenings, or even consider adding a screened-in portable gazebo for comfortable outdoor enjoyment. There's room to create your own backyard retreat, so bring your ideas! Additional highlights include town water and sewer, adding convenience and peace of mind. Conveniently located with easy access to major highways, commuting is a breeze. The property is also within walking distance of the Pappas Recreation Complex, featuring athletic fields, playgrounds, a dog park, hiking trails, and more. Auburn offers a welcoming community, convenient shopping, a variety of dining options, and nearby golf and recreational opportunities. Whether you're looking for your first investment property, a smart owner-occupied purchase, or an income-producing addition to your portfolio, this duplex offers flexibility, outdoor space, convenience, and excellent potential in a desirable Auburn location. Don't miss this opportunity!

Additional Information

Area
Pakachoag Hill
Taxes
$5,317
Interior Features
Storage, Kitchen, Living RM/Dining RM Combo
Parking Description
Paved Drive, Shared Driveway, Off Street, Common, Paved
Lot Description
Cleared, Level
Water
Public
Sewer
Public Sewer
Elementary School
Pakachoag Elementary School
Middle School
Auburn Middle School
High School
Auburn High School

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Listing courtesy of Listing Agent: Maryellen Brunelle from Listing Office: Michael Toomey & Associates, Inc..

The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors, landlords and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non commercial use of consumers having a good faith interest in purchasing, leasing or renting listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing, leasing or renting. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.