$370,000
SOLD MAY 25, 2021

228 Webster St Lewiston, ME 04240

-- Bed
5 Baths
6,616 Sq Ft
0.61 Acres

Recently Sold

$56 Per Sq Ft

6% Below List Price

6 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

Welcome to this clean, well maintained 5 unit with low rents & long term tenants.

1st floor has dual entrance for tenant convenience. Units 1-4 each have 2 large BRs, lots of natural light, closet space, and quaint features, to make each tenant feel at home. Unit 5 is a 1 BR

Parking for each unit is included up to 2 cars, with garage usage!! Easy basement access with ample storage. The back yard is open, and available for use by all tenants with a gazebo.

You don't want to miss this gem of a property that is priced to sell and will go quick!

Last Agent to Sell the Property

Marc Fishman

Keller Williams Realty Brokerage Phone: 207-775-6561 Listed on: 03/01/2021

Keller Williams Realty

Last Buyer's Agent

David Costello

Daigle Commercial Group, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,165

Year Built

  • Built in 1940

Lot Details

  • 0.61 Acre Lot
  • Landscaped
  • Level Lot

Parking

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

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

Outdoor Features

  • Outbuilding

Location

  • Property is near public transit
  • Suburban Location

Utilities

  • No Cooling
  • Zoned Heating
  • Radiator
  • Heating System Uses Oil
  • 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 $15,600
  • Gross Income $48,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,165

Year Built

Built in 1940

Lot Details

0

Parking

5

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.61
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: Webster St, between East Ave and Farewell St.
  • Above Grade Finished Sq Ft: 6616.0
  • Architectural Style: Colonial, Garden
  • Garage Yn: Yes
  • Year Built: 1940
  • Attribution Contact: 207-775-6561
  • Location Information:Leased Land: 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
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: 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: 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
  • Floors:Laminate: Yes
  • Location:Suburban: Yes
  • Property Information:Number of Units: 5
  • Heat System:Multi-Zones: Yes
  • Income Expenses Gross Income: 48600.0
  • Income Expenses Operating Expenses: 15600.0
  • Parking:On Site2: Yes
  • Style:Colonial: Yes
  • Parking:Paved3: Yes
  • Property Information:Short Sale Continue to Show: No
  • Property Information:Deed Restrictions: Unknown
  • Property Information:Bank Owned REO: No
  • Water Heater:Tank: Yes
  • Heat System:Radiator: Yes
  • Transportation:Public Transport Access: Yes
  • Other Structures:Out Building: Yes
  • 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 Shopping, Near Turnpike/Interstate, Neighborhood, Suburban, Near Public Transit
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Other Structures: Outbuilding
  • Roof: Shingle

Garage/Parking

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

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: 48600.0
  • Annual Operating Expense: 15600.0

Tax Info

  • Tax Annual Amount: 4165.0
  • Tax Block: 000
  • Tax Book Number: 7540
  • Tax Lot: 363
  • Tax Map Number: 174
  • Tax Year: 2020

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
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
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 Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1483203

Maine Listings