166 Bartlett St Lewiston, ME 04240
Estimated payment $2,783/month
Highlights
- Deck
- Engineered Wood Flooring
- Baseboard Heating
- Property is near public transit and shops
- No HOA
- 4-minute walk to Kennedy Park
About This Home
OPEN HOUSE Saturday June 13th 11:00am-1:30pm At a 9.7% cap rate. You don't get this good of cash flow in just any rental property! This is a exceptional 3-unit investment opportunity offering a rare 4 bedrooms in each unit. Two units are currently occupied, providing immediate income, while the third has been freshly updated with granite countertops, beautiful new cabinetry, gorgeous refinished hardwood floors, and fresh paint throughout. This property is turnkey and blends modern updates with timeless charm, featuring stained glass windows and built ins. This building is professionally managed by simplified management and they are happy to stay in place after the sale. Income and expense sheet already reflects their annual fee. A very well-maintained multifamily with strong rental appeal and cash flow! An excellent addition to any investment portfolio. Each unit enjoys a private deck, their own laundry hookups, storage room and the large rear parking lot provides ample off-street parking. All the units have the same 4 bedroom layout. Get your first looks now as this opportunity will not last long!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,676
Year Built
- Built in 1900
Lot Details
- 4,792 Sq Ft Lot
- Property fronts a freeway
Home Design
- Flat Roof Shape
- Wood Frame Construction
- Vinyl Siding
Interior Spaces
- 3 Full Bathrooms
- 5,600 Sq Ft Home
- Multi-Level Property
- Engineered Wood Flooring
- Unfinished Basement
- Interior Basement Entry
- Washer Hookup
Parking
- Common or Shared Parking
- Gravel Driveway
- Off-Street Parking
Outdoor Features
- Deck
Location
- Property is near public transit and shops
- City Lot
Utilities
- No Cooling
- Baseboard Heating
Listing and Financial Details
- Tax Lot 138
Community Details
Overview
- No Home Owners Association
- 3 Units
Building Details
- Operating Expense $18,142
- Gross Income $70,608
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $2,676 | $81,650 | $17,040 | $64,610 |
| 2024 | $2,594 | $81,650 | $17,040 | $64,610 |
| 2023 | $2,450 | $81,650 | $17,040 | $64,610 |
| 2022 | $2,327 | $81,650 | $17,040 | $64,610 |
| 2021 | $2,307 | $81,650 | $17,040 | $64,610 |
| 2020 | $2,341 | $81,650 | $17,040 | $64,610 |
| 2019 | $2,361 | $81,650 | $17,040 | $64,610 |
| 2018 | $2,341 | $81,650 | $17,040 | $64,610 |
| 2017 | $2,288 | $81,650 | $17,040 | $64,610 |
| 2016 | $2,249 | $81,650 | $17,040 | $64,610 |
| 2015 | $2,696 | $98,520 | $17,040 | $81,480 |
| 2014 | $2,620 | $98,520 | $17,040 | $81,480 |
| 2013 | $2,605 | $98,520 | $17,040 | $81,480 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/08/2026 06/08/26 | For Sale | $474,900 | -- | $85 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | -- |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $0 | No Value Available |
Source: Maine Listings
MLS Number: 1665094
APN: LEWI-000196-000000-000138
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.
Listing data is derived in whole or in part from Maine Real Estate Information System, Inc. (d/b/a Maine Listings) and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.
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