NOT LISTED FOR SALE

203 Pine St Lewiston, ME 04240

-- Bed
5 Baths
5,034 Sq Ft
5,227 Sq Ft Lot

Last Sold May 02, 2022

Last sale price $325,000 $65 Per Sq Ft

2 Days on Market

Highlights

  • Deck
  • No HOA
  • Porch
  • Wood Flooring
  • 1 Car Detached Garage
  • Forced Air Heating System

About This Home

As of May 2022

Investors take note! Hardwood Floors throughout all 5 units; built-ins and original woodwork in place; brand new high efficiency natural gas boiler; separately metered electrical and natural gas hot water heaters; vinyl windows; rubber membrane roof; new front and side decks; front and rear porches and storage sheds; circuit breakers; and more. Currently all utilities are included in the rent but with no leases just adjust rents or have tenants pay electricity and hot water. This building has low turnover and sits right across the street from Webb's market. All tenants have been there 1-15 years and all pay on time every month.

Last Agent to Sell the Property

Shawn Boulet

Green Tree Realty, LLC Listed on: 03/16/2022

Last Buyer's Agent

Daniel Weber

Portside Real Estate Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,448

Year Built

  • Built in 1921

Lot Details

  • 5,227

Parking

  • 1 Car Detached Garage
  • Driveway
  • Off-Street Parking

Home Design

  • Garden Apartment
  • Flat Roof Shape
  • Brick Foundation
  • Wood Frame Construction
  • Membrane Roofing
  • Wood Siding

Interior Spaces

  • 5,034 Sq Ft Home
  • Multi-Level Property
  • Wood Flooring
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 5 Full Bathrooms
  • Shower Only

Unfinished Basement

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

Outdoor Features

  • Deck
  • Outbuilding
  • Porch

Utilities

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

Additional Features

  • 5,227 Sq Ft Lot
  • City Lot

Listing and Financial Details

  • Tax Lot 174
  • Assessor Parcel Number 203-205PineStreetLewiston04240

Community Details

Overview

  • No Home Owners Association
  • 5 Units

Building Details

  • Operating Expense $18,600
  • Gross Income $42,500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,448

Year Built

Built in 1921

Lot Details

5,227 Sq Ft Lot

Parking

1

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.12
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Above Grade Finished Sq Ft: 5034.0
  • Architectural Style: Garden, Multi-Level
  • Garage Yn: Yes
  • Year Built: 1921
  • Location Information:Leased Land: No
  • Contract Information:List PriceSqFt: 58.6
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.12
  • Property Information:Total Baths: 5.0
  • Property Information:SqFt Finished Above Grade: 5034.0
  • Property Information:Garage: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Heat System:Forced Air: Yes
  • Heat System:Hot Water: Yes
  • Cooling:None3: Yes
  • Floors:Wood3: Yes
  • Parking:Off Street: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Water Heater:Gas: Yes
  • Property Information:Garage Spaces: 1.0
  • Style:Garden: Yes
  • Gas:Natural - On Site: Yes
  • Amenities:Laundry - Hookup: Yes
  • Amenities:Shower: Yes
  • Vehicle Storage:Detached: Yes
  • Basement:Unfinished: Yes
  • Heat Fuel:Gas Natural: Yes
  • Property Information:Number of Units: 5
  • Foundation Materials:BrickMortar2: Yes
  • Income Expenses Gross Income: 42500.0
  • Income Expenses Operating Expenses: 18600.0
  • Style:Multi-Level: Yes
  • Exterior:Wood Siding: Yes
  • Property Information:Short Sale Continue to Show: No
  • Property Information:Deed Restrictions: Unknown
  • Roof:Membrane: Yes
  • Roof:Flat: Yes
  • Other Structures:Out Building: Yes
  • Advertising Remarks:Advertising Remarks: Investors take note! Hardwood Floors throughout all 5 units; built-ins and original woodwork in place; brand new high efficiency natural gas boiler; separately metered electrical and natural gas hot water heaters; vinyl windows; rubber membrane roof; new front and side decks; rear porches and storage sheds; circuit breakers; and more. Currently all utilities are included in the rent but with no leases just adjust rents or have tenants pay electricity and hot water. This building has low turnover and sits right across the street from Webb's market. All tenants have been there 1-15 years and all pay on time every month.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Full, Interior Entry, Unfinished
  • Full Bathrooms: 5
  • Flooring: Wood
  • Interior Amenities: Shower
  • Full Basement: Yes

Exterior Features

  • Lot Features: Sidewalks, Intown
  • Waterfront: No
  • Construction Type: Wood Siding, Wood Frame
  • Foundation Details: Brick/Mortar
  • Other Structures: Outbuilding
  • Patio And Porch Features: Deck, Porch
  • Roof: Flat, Membrane
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: 5 - 10 Spaces, Paved, Detached, Off Street

Utilities

  • Laundry Features: Washer Hookup
  • 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: 5227.2
  • Parcel #: 203-205PineStreetLewiston04240
  • Zoning: DR

Multi Family

  • Number Of Units Total: 5
  • Annual Gross Income: 42500.0
  • Annual Operating Expense: 18600.0

Tax Info

  • Tax Annual Amount: 3448.0
  • Tax Lot: 174
  • Tax Year: 2021
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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 List to Sale Price per Sq Ft Prior Sale
05/02/2022 05/02/22 Sold $325,000 +10.2% $65 / Sq Ft
03/19/2022 03/19/22 Pending -- -- --
03/16/2022 03/16/22 For Sale $295,000 +126.9% $59 / Sq Ft
12/22/2017 12/22/17 Sold $130,000 -16.1% $19 / Sq Ft View Prior Sale
12/12/2017 12/12/17 Pending -- -- --
10/02/2017 10/02/17 For Sale $154,900 -- $23 / Sq Ft
Source: Maine Listings

Tax History

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 $4,573 $139,500 $17,160 $122,340
2024 $4,432 $139,500 $17,160 $122,340
2023 $4,185 $139,500 $17,160 $122,340
2022 $3,976 $139,500 $17,160 $122,340
2021 $3,538 $125,200 $17,160 $108,040
2020 $3,588 $125,160 $17,160 $108,000
2019 $3,618 $125,160 $17,160 $108,000
2018 $3,588 $125,160 $17,160 $108,000
2017 $3,507 $125,160 $17,160 $108,000
2016 $3,447 $125,160 $17,160 $108,000
2015 $3,426 $125,160 $17,160 $108,000
2014 $3,328 $125,160 $17,160 $108,000
2013 $3,309 $125,160 $17,160 $108,000
Source: Public Records

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Map

Source: Maine Listings

MLS Number: 1521852

Maine Listings
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