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188 Auburn St, Auburn MA 01501

$429,900

Estimated $937/month Calculator

Multi Family

Total Units: 2

Price Per Unit: $214,950

Total Rent: 21600/year

Estimated CAP Rate:

2 Bedrooms

Baths

1411

Total Parking: 16

7,650 (0.18)

Rare opportunity to own a highly visible mixed-use property in one of Auburn's most desirable commercial corridors. Ideally located on Auburn's busy Main Street just minutes from Routes 12, 20, I-290, I-395, and the Massachusetts Turnpike, this property offers exceptional accessibility, strong exposure, and outstanding future potential.The first floor features commercial space, previously operated as a successful salon, complete with large storefront windows, a bathroom, laundry area, and the added comfort of a mini-split A/C system. A dry concrete block basement provides valuable storage, while the expansive parking lot accommodates 16+ vehicles.The second floor offers a separately accessed 2-bedroom, 1-bath apartment currently rented at $1,800/month (tenant-at-will), providing immediate income while the commercial space is occupied or repositioned.Whether you're a business owner looking to establish your presence in Auburn, an investor seeking a mixed-use asset with existing cash flow, or a developer looking to maximize the site's potential, this property delivers exceptional flexibility. Residential Office zoning allows for a wide range of permitted and potential uses, including professional offices, retail, barber or salon, restaurant, fitness services, laundromat, dry cleaning, or apartments. (Buyer to perform all due diligence regarding zoning and permitted uses.)Properties offering this combination of location, visibility, parking, income, and redevelopment potential are rarely available. Don't miss the opportunity to make this versatile property your next investment.

This home has been viewed 41 times

Last Checked: September 14th, 2026 at 6:49am (Source: MLS PIN #73542359)

Gross Income: $21,600

Gross Expenses: $2,884

Net Income Calc: $18,716

Water Views

Annual Expenses for 188 Auburn St, Auburn MA 01501

Total Gross Expenses (Calculated)$2,884/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax2884

Annual Income & Unit Breakdown for 188 Auburn St, Auburn MA 01501

Total Gross Income (Calculated)$21,600

Unit 1

Rental Income$0

LeaseN

Bedrooms0

Bathrooms1 Half

Floor1

Levels in Unit1

Rent IncludesHeat

Unit 2

Rental Income$0

LeaseN

Bedrooms2

Bathrooms1 Full

Floor2

Levels in Unit1

Rent IncludesHeat

General Information for 188 Auburn St, Auburn MA 01501

Listing ID73542359

Property TypeMulti Family / 2 Family

Price429900 ($304.68/SqFt)

Style2 Family - 2 Units Up/down

CityAuburn

CountyWorcester

Neighborhood(s)

Approximate Living Area Total1411

Approximate Lot Size (Acres)0.18

Total Parking16

Garage Parking0

Year Built1947

Year Built SourcePublic Records

Year Built DetailsActual

WaterPublic

SewerPublic Sewer

Electric220 Volts

Hot Water

Roof MaterialAsphalt/fiberglass Shingles

BasementFull

Construction Materials

Lot FeaturesGentle Sloping

Foundation Description

Accessible Features

Outdoor SpaceCovered

ZoningCommercial

Water ViewsNo

Water Views Features

Waterfront0

Waterfront Features

Terms

Disclosures for 188 Auburn St, Auburn MA 01501

Lead PaintNone

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourceMeasured

ExclusionsAll Tenant Possessions

Financial Data Source

Total Gross Expenses By Broker

Total Gross Income By Broker

Total Net Income By Broker

Short Sale / Forclosure (Bank Owned)

Compensation Based On

Financial Information for 188 Auburn St, Auburn MA 01501

Real Estate Taxes2884

Tax Year2026

Assessed Value$202,500

Financial Data Source

Total Gross Expenses By Broker

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker

BostonRealEstate.com Gross Income

Total Net Income By Broker

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

Location Information for 188 Auburn St, Auburn MA 01501

Neighborhood(s)

Area AmenitiesWalk/jog Trails

Contact Information for 188 Auburn St, Auburn MA 01501

Agent

Name: Jim Black Group

Office

Name: Real Broker MA, LLC

Phone: 508-365-3532

Team Members

Name: James Black

Payment Calculator

, Interest

Property Taxes 240.33

Principal & Interest 2648.91

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Real Broker MA, LLC

Jim Black Group

Agent Phone

Office Phone

(508) 365-3532

Text Agent Call Agent Call Office

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EXIT

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