NOT LISTED FOR SALE
-- Bed
6 Baths
4,140 Sq Ft
4,792 Sq Ft Lot

Last Sold June 20, 2023

Last sale price $450,000 $109 Per Sq Ft

7 Days on Market

Highlights

  • Wood Flooring
  • Forced Air Heating System
  • Level Lot
  • No HOA
  • Hot Water Heating System

About This Home

As of June 2023

6-unit located in downtown Lewiston with an updated heating system, new roof, and lots of updates in the apartments. Demand for rentals in Lewiston is extremely strong, particularly for solid apartments like these. The hard stuff has been done so the next owner can simply operate and make further improvements in the 'go-to' market for multi-unit investors.

Last Agent to Sell the Property

Brit Vitalius

Vitalius Real Estate Group, LLC Listed on: 04/27/2023

Co-Listed By

Chris Sullivan

Vitalius Real Estate Group, LLC

Last Buyer's Agent

Jacob Kendall

Better Homes & Gardens Real Estate/The Masiello Group

Better Homes & Gardens Real Estate/The Masiello Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,073

Year Built

  • Built in 1879

Lot Details

  • 4,792 Sq Ft Lot
  • Level Lot
  • Open Lot

Home Design

  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 6 Full Bathrooms
  • 4,140 Sq Ft Home
  • Multi-Level Property

Flooring

  • Wood
  • Tile
  • Vinyl

Unfinished Basement

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

Parking

  • Driveway
  • Paved Parking

Location

  • City Lot

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Hot Water Heating System

Listing and Financial Details

  • Tax Lot 246
  • Assessor Parcel Number LEWI-000195-000000-000246

Community Details

Overview

  • No Home Owners Association
  • 6 Units

Building Details

  • Operating Expense $14,574
  • Gross Income $61,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,073

Year Built

Built in 1879

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.11
  • Road Surface Type: Paved
  • Co List Office Mls Id: 2698
  • Co List Office Phone: 207-541-3755
  • MLS Status: Closed
  • Above Grade Finished Sq Ft: 4140.0
  • Architectural Style: Multi-Level
  • Garage Yn: No
  • Year Built: 1879
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.11
  • Property Information:Total Baths: 6.0
  • Property Information:SqFt Finished Above Grade: 4140.0
  • Property Information:Garage: No
  • Site:Level: Yes
  • Site:Open: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Forced Air: Yes
  • Heat System:Hot Water: Yes
  • Cooling:None3: Yes
  • Floors:Tile2: Yes
  • Floors:Vinyl: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Exterior:Vinyl Siding: Yes
  • Basement:Unfinished: Yes
  • Heat Fuel:Gas Natural: Yes
  • Property Information:Number of Units: 6
  • Income Expenses Gross Income: 61200.0
  • Income Expenses Operating Expenses: 14574.0
  • Style:Multi-Level: Yes
  • Gas:Natural - At Street: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Full, Interior Entry, Unfinished
  • Full Bathrooms: 6
  • Flooring: Wood, Vinyl, Tile
  • Full Basement: Yes

Exterior Features

  • Lot Features: Level, Open Lot, Sidewalks, Intown, Near Shopping, Near Turnpike/Interstate, Near Town
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Parking Features: 1 - 4 Spaces, Paved

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water, Forced Air
  • 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: 4791.6
  • Parcel #: LEWI-000195-000000-000246
  • Zoning: DR

Multi Family

  • Number Of Units Total: 6
  • Annual Gross Income: 61200.0
  • Annual Operating Expense: 14574.0

Tax Info

  • Tax Annual Amount: 4073.0
  • Tax Book Number: 10536
  • Tax Lot: 246
  • Tax Map Number: 195
  • Tax Year: 2022

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
06/20/2023 06/20/23 Sold $450,000 0.0% $109 / Sq Ft
05/04/2023 05/04/23 Pending -- -- --
04/27/2023 04/27/23 For Sale $450,000 +164.7% $109 / Sq Ft
05/01/2020 05/01/20 Sold $170,000 -5.5% $28 / Sq Ft
02/29/2020 02/29/20 Pending -- -- --
02/24/2020 02/24/20 For Sale $179,900 +28.5% $29 / Sq Ft
04/28/2017 04/28/17 Sold $140,000 -9.7% $23 / Sq Ft
03/07/2017 03/07/17 Pending -- -- --
01/18/2017 01/18/17 For Sale $155,000 -- $25 / 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: 1557282

Maine Listings