NOT LISTED FOR SALE

146 & 154 Pierce St Lewiston, ME 04240

-- Bed
12 Baths
8,150 Sq Ft
0.31 Acres

Last Sold September 14, 2021

Last sale price $500,000 $61 Per Sq Ft

43 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • Bathtub
  • Corner Lot
  • 1 Car Detached Garage
  • 4-minute walk to Kennedy Park

About This Home

As of September 2021

Investment opportunity!! Privately and well maintained multiple building multi-unit package totaling 12 Units. 6-2 bed units, 4-1 bed units, 2-3 bed units and a garage space with large off street parking available.
NOI at a 10 cap list price with potential to increase rental income. Total of 5 building in the listing 9 unit, single building and a 2 units. Get you appointment scheduled to see this well kept income producer.

Last Agent to Sell the Property

Dan Coleman

Androvise Realty Listed on: 05/26/2021

Last Buyer's Agent

Brian Shedla Jessica Niles

Better Homes & Gardens Real Estate/The Masiello Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,869

Year Built

  • Built in 1896

Lot Details

  • 0.31 Acre Lot
  • Property fronts a private road
  • Corner Lot
  • Level Lot
  • Open Lot

Parking

  • 1 Car Detached Garage
  • Common or Shared Parking
  • Gravel Driveway
  • Shared Driveway
  • Off-Street Parking

Home Design

  • Flat Roof Shape
  • Brick Foundation
  • Concrete Foundation
  • Stone Foundation
  • Wood Frame Construction
  • Rolled or Hot Mop Roof
  • Asbestos Siding
  • Vinyl Siding
  • Asbestos
  • Concrete Perimeter Foundation

Interior Spaces

  • 8,150 Sq Ft Home
  • 3-Story Property

Flooring

  • Wood
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 12 Full Bathrooms
  • Bathtub

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Brick Basement
  • Doghouse Basement Entry
  • Exterior Basement Entry
  • Dirt Floor
  • Crawl Space

Location

  • City Lot

Utilities

  • No Cooling
  • Forced Air Zoned Heating System
  • Radiator
  • Heating System Uses Natural Gas
  • Heating System Uses Oil
  • Baseboard Heating
  • Hot Water Heating System
  • Electric Water Heater
  • Internet Available
  • Satellite Dish
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 117-119
  • Assessor Parcel Number LEWI-000196-000000-000117

Community Details

Overview

  • No Home Owners Association
  • 12 Units

Building Details

  • Operating Expense $57,539
  • Gross Income $111,604

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,869

Year Built

Built in 1896

Lot Details

0

Parking

1

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.31
  • Road Frontage Type: Private
  • MLS Status: Closed
  • Directions: Property sits at the intersection of Birch St and Pierce St Lewiston ME (GPS Friendly)
  • Above Grade Finished Sq Ft: 8150.0
  • Architectural Style: Multi-Level
  • Garage Yn: Yes
  • Year Built: 1896
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.31
  • Property Information:Total Baths: 12.0
  • Property Information:SqFt Finished Above Grade: 8150.0
  • Property Information:Garage: Yes
  • Site:Corner Lot: Yes
  • Site:Level: Yes
  • Site:Open: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Forced Air: Yes
  • Heat System:Hot Water: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Tile2: Yes
  • Floors:Vinyl: Yes
  • Floors:Wood3: Yes
  • Parking:Off Street: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Property Information:Garage Spaces: 1.0
  • Roads:Private: Yes
  • Exterior:Vinyl Siding: Yes
  • Gas:Natural - On Site: Yes
  • Driveway:Common2: Yes
  • Water Heater:Electric2: Yes
  • Vehicle Storage:Detached: Yes
  • Basement:Unfinished: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Heat Fuel:Gas Natural: Yes
  • Basement Entry:Doghouse: Yes
  • Property Information:Number of Units: 12
  • Foundation Materials:BrickMortar2: Yes
  • Foundation Materials:Stone: Yes
  • Heat System:Multi-Zones: Yes
  • Income Expenses Gross Income: 111604.0
  • Income Expenses Operating Expenses: 57539.0
  • Style:Multi-Level: Yes
  • Amenities:Bathtub: Yes
  • Basement:Crawl Space: Yes
  • Basement:Dirt Floor: Yes
  • Property Information:Short Sale Continue to Show: No
  • Basement:BrickMortar: Yes
  • Driveway:Gravel: Yes
  • Equipment:Internet Access Available: Yes
  • Roof:RolledHot Mop: Yes
  • Property Information:Bank Owned REO: No
  • Equipment:Cable: Yes
  • Equipment:Satellite Dish: Yes
  • Water Heater:Tank: Yes
  • Heat System:Radiator: Yes
  • Exterior:Asbestos: Yes
  • Basement Entry:Exterior Only: Yes
  • Roof:Flat: Yes
  • Building Info:_pound_ Floors3: 3
  • Property Information 2 Detached Houses on 1 Lot: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Brick/Mortar, Dirt Floor, Crawl Space, Full, Doghouse, Exterior Only, Unfinished
  • Full Bathrooms: 12
  • Flooring: Wood, Vinyl, Tile
  • Interior Amenities: Bathtub
  • Stories: 3
  • Full Basement: Yes

Exterior Features

  • Lot Features: Corner Lot, Level, Open Lot, Intown, Near Shopping, Near Town
  • Waterfront: No
  • Exclusions: None
  • Construction Type: Vinyl Siding, Asbestos, Wood Frame
  • Foundation Details: Stone, Concrete Perimeter, Brick/Mortar
  • Roof: Flat, Rolled/Hot Mop

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: 11 - 20 Spaces, Gravel, Paved, Common, Detached, Off Street

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Radiator, Multi-Zones, Hot Water, Forced Air, Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Utilities: Utilities On
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Lewiston Public Schools

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 13503.6
  • Parcel #: LEWI-000196-000000-000117
  • Zoning: DR

Multi Family

  • Number Of Units Total: 12
  • Annual Gross Income: 111604.0
  • Annual Operating Expense: 57539.0

Tax Info

  • Tax Annual Amount: 8869.0
  • Tax Book Number: 9162 & 9166
  • Tax Lot: 117-119
  • Tax Map Number: 196
  • Tax Year: 2020

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/14/2021 09/14/21 Sold $500,000 -7.4% $61 / Sq Ft
06/05/2021 06/05/21 Pending -- -- --
04/22/2021 04/22/21 For Sale $540,000 -- $66 / Sq Ft
Source: Maine Listings

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1488616

Maine Listings