NOT LISTED FOR SALE

159 Oak St Lewiston, ME 04240

-- Bed
9 Baths
6,133 Sq Ft
0.25 Acres

Last Sold October 28, 2024

Last sale price $750,000 $122 Per Sq Ft

18 Days on Market

Highlights

  • Property is near public transit
  • Porch
  • Coin Laundry
  • No HOA
  • Baseboard Heating
  • Level Lot

About This Home

As of October 2024

Spectacular opportunity to own a fully updated/rehabbed multi-unit in the heart of Lewiston. Great rental history and only a short walk to CMMC hospital. Three of the units have rent increases in place for June of 2024....increasing the operational cash flow. An on-site coin-op laundry allows for tenant convenience while adding to the owners income. Ample off-street parking in the large lot to the rear of the building. This is a great opportunity to invest in your future!

Last Agent to Sell the Property

Mark Pilot

Better Homes & Gardens Real Estate/The Masiello Group Brokerage Email: markpilot@masiello.com Listed on: 05/10/2024

Better Homes & Gardens Real Estate/The Masiello Group

Last Buyer's Agent

Daniel Weber Nicholas Laverriere

Keller Williams Realty

Keller Williams Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,110

Year Built

  • Built in 1900

Lot Details

  • 0.25 Acre Lot
  • Level Lot
  • Open Lot

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction
  • Wood Frame Construction

Interior Spaces

  • 9 Full Bathrooms
  • 6,133 Sq Ft Home
  • 3-Story Property

Flooring

  • Carpet
  • Laminate
  • Vinyl

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry

Parking

  • Gravel Driveway
  • On-Site Parking
  • Off-Street Parking

Outdoor Features

  • Porch

Location

  • Property is near public transit
  • City Lot

Utilities

  • No Cooling
  • Heating System Uses Natural Gas
  • Baseboard Heating

Listing and Financial Details

  • Tax Lot 438
  • Assessor Parcel Number LEWI-000194-000000-000438

Community Details

Overview

  • No Home Owners Association
  • 9 Units

Amenities

  • Coin Laundry

Building Details

  • Operating Expense $22,354
  • Gross Income $91,592

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,110

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.25
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: Corner of Oak Street and Union Street, Lewiston. Across from CMMC Hospital.
  • Above Grade Finished Sq Ft: 6133.0
  • Architectural Style: Multi-Level
  • Garage Yn: No
  • Building Stories: 3
  • Year Built: 1900
  • Attribution Contact: markpilot@masiello.com
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.25
  • Property Information:Total Baths: 9.0
  • Property Information:SqFt Finished Above Grade: 6133.0
  • Property Information:Garage: No
  • Site:Level: Yes
  • Site:Open: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Heat System:Baseboard: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Parking:Off Street: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Basement Entry:Interior: Yes
  • Gas:Natural - On Site: Yes
  • Basement:Unfinished: Yes
  • Heat Fuel:Gas Natural: Yes
  • Floors:Laminate: Yes
  • Property Information:Number of Units: 9
  • Building Info:_pound_ Stories2: 3
  • Income Expenses Gross Income: 91592.0
  • Income Expenses Operating Expenses: 22354.0
  • Parking:On Site2: Yes
  • Style:Multi-Level: Yes
  • Property Information:Short Sale Continue to Show: No
  • Driveway:Gravel: Yes
  • Property Information:Deed Restrictions: Unknown
  • Property Information:Bank Owned REO: No
  • Exterior:Brick: Yes
  • Basement Entry:Exterior Only: Yes
  • Transportation:Public Transport Access: Yes
  • Roof:Flat: Yes
  • Amenities:Laundry - Coin: Yes
  • Property Information 2 Detached Houses on 1 Lot: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Has Basement: Full, Interior Entry, Exterior Only, Unfinished
  • Full Bathrooms: 9
  • Flooring: Vinyl, Laminate, Carpet
  • Full Basement: Yes

Exterior Features

  • Lot Features: Level, Open Lot, Sidewalks, Intown, Near Shopping, Near Public Transit
  • Waterfront: No
  • Construction Type: Concrete, Brick, Wood Frame
  • Patio And Porch Features: Porch
  • Roof: Flat
  • Patio and Porch Features:Porch: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: 5 - 10 Spaces, Gravel, On Site, Off Street

Utilities

  • Laundry Features: Laundry - Coin
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Utilities: Utilities On
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 10890.0
  • Parcel #: LEWI-000194-000000-000438
  • Zoning: NCB

Multi Family

  • Number Of Units Total: 9
  • Annual Gross Income: 91592.0
  • Annual Operating Expense: 22354.0

Tax Info

  • Tax Annual Amount: 7110.0
  • Tax Book Number: 9653
  • Tax Lot: 438
  • Tax Map Number: 194
  • Tax Year: 2023

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
10/28/2024 10/28/24 Sold $750,000 +4.2% $122 / Sq Ft
05/29/2024 05/29/24 Pending -- -- --
05/10/2024 05/10/24 For Sale $720,000 -- $117 / Sq Ft
Source: Maine Listings

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Mark Pilot

    Seller's Agent in 2024

    Mark Pilot

    Better Homes & Gardens Real Estate/The Masiello Group

    (207) 782-8311

    21 in this area

    63 Total Sales

    Mark Pilot
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Map

Source: Maine Listings

MLS Number: 1589221

Maine Listings

Maine Androscoggin County Lewiston 04240

159 Oak St, Lewiston, ME

This home is located at 159 Oak St, Lewiston, ME 04240 since 10 May 2024. This property was built in 1900. 159 Oak St is a home located in Androscoggin County with nearby schools including Montello School, Lewiston Middle School, and Lewiston High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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