188 Auburn St, Auburn MA 01501
Auburn, MA 01501
$429,900
Est. $2,614/month
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About this home
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.
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Recently Sold Nearby
Property History
Property Timeline
Listed for Sale
Jun 26, 2026
$429,900
Original listing
Agent: Jim Black Group
Office: Real Broker MA, LLC
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 06/26/2026 | 🏠 Listed for Sale | $429,900 | - | - | Original listing |
Tax History
| Year | Taxes | Assessment |
|---|---|---|
| 2026 | $2,884 | $202,500 |
Financial Details
Annual Property Tax
$2,884
Tax Year 2026
Assessed Value
$202,500
Facts & Features
Home Facts
Type
Residential Income
Style
2 Family - 2 Units Up/Down
Year Built
1947
Living Area
1,411 sq ft
Lot Size
0.18 acres
Bedrooms
2
Full Baths
1
Half Baths
1
Total Rooms
7
Investment Metrics
Units
2
Unit 1 Rent
— · N
Unit 2 Rent
$1,800/mo · N
Total Monthly Rent
$1,800/mo
Gross Income
$21,600
Net Operating Income
$21,600
Cap Rate
5.02%
Interior
Heating
Baseboard, Oil
Cooling
Ductless, None
Flooring
Vinyl, Carpet, Varies, Tile
Appliances
Range, Refrigerator
Fireplace
None
Basement
Full, Concrete, Unfinished
Laundry
Washer Hookup, Dryer Hookup, Electric Dryer Hookup
Features
Storage, Other, Ceiling Fan(s), Bathroom With Shower Stall, Laundry Room, Kitchen, Living Rm/dining Rm Combo
Exterior
Construction
None
Architecture
None
Roof
Shingle
Features
None
Pool
None
Spa
None
Fencing
None
Patio/Porch
Deck
Parking
Features
Paved Drive, Off Street, Paved
Total Spaces
16
Utilities
Electric
Circuit Breakers, Individually Metered
Water
Public
Sewer
Public Sewer
Gas
None
Other
For Electric Range, For Electric Dryer, Washer Hookup
Financial
Annual Tax
$2,884
Assessed Value
$202,500
HOA & Community
Fee Includes
None
Amenities
None
Optional Fee Includes
None
Down Payment Resource
Eligible
MA Disclosures
Seller Disclosures
All Measurements Are Approximate, Buyer Agent To Confirm.
Additional Details
Possession
None
Accepted Financing
None
Structure Type
[]
Sq Ft Source
Measured
Documents
None
County
Worcester
Total market time (incl. prior listings)
41 days
Property Overview
Property Type
2 Family - 2 Units Up/Down
Listing Type
For Sale
Year Built
1947
Bedrooms
2
Full Bathrooms
1
Half Bathrooms
1
Living Area
1,411 sq ft
Total Rooms
7
Stories
2
Levels
2
Floor Layout
Interactive room guide
Floor Layout
Finished Area
1,411 sq ft above grade
Display Options
Outdoor Areas
Patio & porchDeck
Room Markers
BABathroom (4)
BRBedroom (5)
DDining (1)
KKitchen (1)
LLiving (2)
OOffice (1)
Conceptual diagram based on MLS room data. It is not to scale and is not a substitute for architectural plans or on-site measurements.
Interior Features
Flooring:
Vinyl, Carpet, Varies, Tile
Appliances:
Range, Refrigerator
Interior Features:
Storage, Other, Ceiling Fan(s), Bathroom with Shower Stall, Laundry Room, Kitchen, Living RM/Dining RM Combo
Windows:
Picture Window
Basement:
Full, Concrete, Unfinished
Laundry:
Washer Hookup, Dryer Hookup, Electric Dryer Hookup
Security:
Construction & Materials
Year Built:
1947
Structure Type:
Exterior Materials:
Roof:
Shingle
Foundation:
Block
Stories:
2
Heating, Cooling & Utilities
Heating:
Baseboard, Oil
Cooling:
Ductless, None
Hot Water:
Tank
Water Source:
Public
Sewer:
Public Sewer
Energy Features:
Exterior & Lot
Exterior Features:
Patio & Porch:
Deck
Fencing:
Other Structures:
Lot Features:
Level
Road Frontage:
50.00 ft
Road Surface:
Paved
Parking & Garage
Total Parking Spaces:
16
Parking Features:
Paved Drive, Off Street, Paved
Nearby Schools
School District
Auburn School District local
B-
School Safety
2024-25
1.5%
Average
1.4%
Suspensions
1.1%
In-School
0.1%
Emergency
4.0% below state avg
Elementary Schools
3 schools
B
Swanson Road Intermediate School
0.5 mi
|
#337 of 824
|
Score: 49.6
Dropped 33 spots from last year
-8.6 below state avg
554 students
Moderate
Grades 03-05
Bryn Mawr School
0.7 mi
241 students
Moderate
Grades K-02
Pakachoag Elementary School
1.5 mi
249 students
Diverse
Grades K-02
Middle Schools
1 school
B
Auburn Middle School
2.5 mi
|
#154 of 352
|
Score: 44.2
Dropped 12 spots from last year
-14 below state avg
628 students
Moderate
Grades 06-08
High Schools
1 school
B-
Auburn Senior High School
0.6 mi
|
#187 of 346
|
Score: 52.4
Dropped 86 spots from last year
-5.8 below state avg
834 students
Moderate
17 sports
• 1,306 athletes
High Graduation Rate
College Ready Curriculum
Strong Athletics
Grades PK-12
Learn about these ratings
Monthly Payment Calculator
Monthly Payment
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Principal, interest, taxes & insurance
Loan Amount
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After down payment
Total Interest
$0
Over life of loan
Total Cost
$0
Including down payment
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Down: $0
%
Monthly Payment Breakdown
Principal & Interest
$0
Property Tax
$240
Homeowners Insurance
$200
PMI (if <20% down)
$0
Loan Summary
Total of 360 payments
$0
Total principal paid
$0
Total interest paid
$0
Rate Impact
-0.5% Rate
$0/mo
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Current Rate
$0/mo
+0.5% Rate
$0/mo
Cost $0/mo
Payment Over Time
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.
Location
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Neighborhood
188 Auburn St, Auburn MA 01501
Auburn, MA 01501
Listing Information
Listing Agent
Jim Black Group
Listing Office
Real Broker MA, LLC
Office Phone
508-365-3532
Agent MLS ID
TM305063
Office MLS ID
AN8443
Listing Data Updated
Aug 6, 2026 2:03 PM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.
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