NOT LISTED FOR SALE
-- Beds
5 Baths
6,616 Sq Ft
0.61 Acre Lot

Sale Details

Date Sold: April 2, 2024

Last sale price $550,000 $83 Per Sq Ft

74 Days on Market

Highlights

  • 0.61 Acre Lot
  • Property is near public transit
  • No HOA
  • Colonial Architecture
  • Wood Flooring
  • 5 Car Detached Garage

About This Home

As of April 2024

Outstanding multi-unit investment opportunity in a prime location with five units. The first floor provides dual entrances for tenant convenience. Units 1-4 offer two spacious bedrooms with an abundance of natural light and ample closet space, while Unit 5 is a comfortable 1-bedroom layout. Each unit includes parking for up to two cars and the option for garage usage. Easily accessible basement offers generous storage space. The open backyard, complete with a gazebo, is a shared amenity for all tenants to enjoy, making this an exceptional investment property.

Last Agent to Sell the Property

David Costello

Keller Williams Realty Listed on: 01/17/2024

Keller Williams Realty

Last Buyer's Agent

Andrew Hartley

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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,711

Year Built

  • Built in 1940

Lot Details

  • 26,572 Sq Ft Lot
  • Property fronts a freeway
  • Landscaped
  • Level Lot

Parking

  • 5 Car Detached Garage
  • Driveway

Home Design

  • Colonial Architecture
  • Garden Apartment
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 5 Full Bathrooms
  • 6,616 Sq Ft Home
  • 1-Story Property
  • Washer and Dryer Hookup

Flooring

  • Wood
  • Carpet
  • Laminate
  • Tile

Unfinished Basement

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

Location

  • Property is near public transit
  • Suburban Location

Utilities

  • No Cooling
  • Zoned Heating
  • Radiator
  • Heating System Uses Natural Gas
  • Hot Water Heating System
  • Gas Water Heater

Listing and Financial Details

  • Tax Lot 363
  • Assessor Parcel Number LEWI-000174-000000-000363

Community Details

Overview

  • No Home Owners Association
  • 5 Units

Building Details

  • Operating Expense $23,853
  • Gross Income $66,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,711

Year Built

Built in 1940

Lot Details

0.61 Acres

Parking

5

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.61
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Above Grade Finished Sq Ft: 6616.0
  • Architectural Style: Colonial, Garden
  • Garage Yn: Yes
  • Year Built: 1940
  • Location Information:Leased Land: No
  • Contract Information:List PriceSqFt: 86.91
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.61
  • Property Information:Total Baths: 5.0
  • Property Information:SqFt Finished Above Grade: 6616.0
  • Property Information:Garage: Yes
  • Site:Level: Yes
  • Site:Well Landscaped: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Hot Water: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Tile2: Yes
  • Floors:Wood3: 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: 5.0
  • Exterior:Vinyl Siding: Yes
  • Style:Garden: Yes
  • Gas:Natural - On Site: Yes
  • Amenities:Laundry - Hookup: Yes
  • Amenities:One-Floor Living: Yes
  • Vehicle Storage:Detached: Yes
  • Basement:Unfinished: Yes
  • Heat Fuel:Gas Natural: Yes
  • Floors:Laminate: Yes
  • Location:Suburban: Yes
  • Property Information:Number of Units: 5
  • Heat System:Multi-Zones: Yes
  • Income Expenses Gross Income: 66600.0
  • Income Expenses Operating Expenses: 23853.0
  • Parking:On Site2: Yes
  • Style:Colonial: Yes
  • Parking:Paved3: Yes
  • Water Heater:Tank: Yes
  • Heat System:Radiator: Yes
  • Transportation:Public Transport Access: Yes
  • Advertising Remarks:Advertising Remarks: Outstanding multi-unit investment opportunity in a prime location with five units. The first floor provides dual entrances for tenant convenience. Units 1-4 offer two spacious bedrooms with an abundance of natural light and ample closet space, while Unit 5 is a comfortable 1-bedroom layout. Each unit includes parking for up to two cars and the option for garage usage. Easily accessible basement offers generous storage space. The open backyard, complete with a gazebo, is a shared amenity for all tenants to enjoy, making this an exceptional investment property.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Full, Exterior Entry, Bulkhead, Interior Entry, Unfinished
  • Full Bathrooms: 5
  • Flooring: Wood, Tile, Laminate, Carpet
  • Interior Amenities: One-Floor Living
  • Full Basement: Yes

Exterior Features

  • Lot Features: Level, Landscaped, Near Turnpike/Interstate, Neighborhood, Suburban, Near Public Transit
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 5.0
  • Parking Features: 5 - 10 Spaces, Paved, On Site, Detached

Utilities

  • Laundry Features: Washer Hookup
  • Cooling: None
  • Cooling Y N: No
  • Heating: Radiator, Multi-Zones, Hot Water
  • 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: 26571.6
  • Parcel #: LEWI-000174-000000-000363
  • Zoning: NCA

Multi Family

  • Number Of Units Total: 5
  • Annual Gross Income: 66600.0
  • Annual Operating Expense: 23853.0

Tax Info

  • Tax Annual Amount: 4711.0
  • Tax Lot: 363
  • Tax Year: 2022

Ownership 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 Name Owned For Owner Type

Purchase Details

Listed on
Mar 1, 2021
Closed on
May 25, 2021
Sold by
Ceo Properties Llc
Bought by
Seller's Agent
Marc Fishman
Keller Williams Realty
Buyer's Agent
David Costello
Daigle Commercial Group, Inc.
List Price
$395,000
Sold Price
$370,000
Premium/Discount to List
-$25,000
-6.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$296,000
Interest Rate
3%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Mar 1, 2021
Closed on
Apr 7, 2021
Sold by
Lewiston City Of
Bought by
Ceo Properties Llc
Seller's Agent
Marc Fishman
Keller Williams Realty
Buyer's Agent
David Costello
Daigle Commercial Group, Inc.
List Price
$395,000
Sold Price
$370,000
Premium/Discount to List
-$25,000
-6.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$296,000
Interest Rate
3%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 1, 2008
Sold by
Bailey Michael E
Bought by
Ceo Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.54%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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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 Buyer Sale Price Title Company
-- None Available
Ceo Properties Llc -- None Available
Ceo Properties Llc -- --
Source: Public Records

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 Borrower Loan Amount
Open $440,000
Closed 228 Webster Street Llc $296,000
Previous Owner Ceo Properties Llc $200,000
Closed Bailey Michael E $50,000
Source: Public Records

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 Prior Sale
04/02/2024 04/02/24 Sold $550,000 -4.3% $83 / Sq Ft
01/30/2024 01/30/24 Pending -- -- --
01/17/2024 01/17/24 For Sale $575,000 0.0% $87 / Sq Ft
11/17/2023 11/17/23 Pending -- -- --
11/17/2023 11/17/23 For Sale $575,000 +55.4% $87 / Sq Ft
05/25/2021 05/25/21 Sold $370,000 -6.3% $56 / Sq Ft View Prior Sale
03/08/2021 03/08/21 Pending -- -- --
03/01/2021 03/01/21 For Sale $395,000 -- $60 / Sq Ft
Source: Maine Listings

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 $5,419 $165,300 $23,400 $141,900
2024 $5,252 $165,300 $23,400 $141,900
2023 $4,959 $165,300 $23,400 $141,900
2022 $4,711 $165,300 $23,400 $141,900
2021 $4,671 $165,300 $23,400 $141,900
2020 $4,165 $145,260 $23,400 $121,860
2019 $4,199 $145,260 $23,400 $121,860
2018 $4,165 $145,260 $23,400 $121,860
2017 $4,070 $145,260 $23,400 $121,860
2016 $4,000 $145,260 $23,400 $121,860
2015 $3,976 $145,260 $23,400 $121,860
2014 $3,862 $145,260 $23,400 $121,860
2013 $3,841 $145,260 $23,400 $121,860
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1577656

Maine Listings
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