NOT LISTED FOR SALE

39 Knox St Lewiston, ME 04240

Downtown Lewiston Neighborhood
-- Bed
10 Baths
7,352 Sq Ft
9,583 Sq Ft Lot

Last Sold June 07, 2022

Last sale price $575,000 $78 Per Sq Ft

9 Days on Market

Highlights

  • 0.22 Acre Lot
  • No HOA
  • Baseboard Heating
  • Wood Flooring
  • Forced Air Zoned Heating System
  • 4-minute walk to Kennedy Park

About This Home

As of June 2022

Great Downtown Lewiston apartment building featuring 10-Units and off-street parking. Property highlights include many recent upgrades: new porches, vinyl windows, and fire-doors, new hot-water heaters, lead-paint abated and partial new roof. The building has four, 3-bedroom units, four 2-bedroom units, and two, 1-bedroom units with many long-standing tenants and below market rents. Incredible value-add opportunity with a pro-forma 12%+ cap rate.

Last Agent to Sell the Property

Jon Leahy

J T Leahy Real Estate Listed on: 03/05/2022

Last Buyer's Agent

Shawn McKillop

Maine Real Estate Co

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,757

Year Built

  • Built in 1881

Lot Details

  • 9,583 Sq Ft Lot
  • Level Lot

Home Design

  • Wood Frame Construction
  • Pitched Roof
  • Membrane Roofing
  • Metal Roof
  • Vinyl Siding

Interior Spaces

  • 10 Full Bathrooms
  • 7,352 Sq Ft Home
  • Multi-Level Property

Flooring

  • Wood
  • Carpet
  • Vinyl

Unfinished Basement

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

Parking

  • Gravel Driveway
  • Off-Street Parking

Location

  • City Lot

Utilities

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

Listing and Financial Details

  • Tax Lot 290-291
  • Assessor Parcel Number LEWI-000196-000000-000291

Community Details

Overview

  • No Home Owners Association
  • 10 Units

Building Details

  • Operating Expense $50,000
  • Gross Income $120,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,757

Year Built

Built in 1881

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.22
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: Near corner of Knox Street & Birch Street.
  • Above Grade Finished Sq Ft: 7352.0
  • Architectural Style: Multi-Level
  • Garage Yn: No
  • Year Built: 1881
  • Location Information:Leased Land: No
  • Property Information:Lot Size Acres -: 0.22
  • Property Information:Total Baths: 10.0
  • Property Information:SqFt Finished Above Grade: 7352.0
  • Property Information:Garage: No
  • Site:Level: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Forced Air: Yes
  • Heat System:Hot Water: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Floors:Wood3: Yes
  • Parking:Off Street: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Basement Entry:Interior: Yes
  • Water Heater:Gas: Yes
  • Exterior:Vinyl Siding: Yes
  • Gas:Natural - On Site: Yes
  • Water Heater:Electric2: Yes
  • Basement:Unfinished: Yes
  • Roof:Metal: Yes
  • Heat Fuel:Gas Natural: Yes
  • Property Information:Number of Units: 10
  • Heat System:Multi-Zones: Yes
  • Income Expenses Gross Income: 120000.0
  • Income Expenses Operating Expenses: 50000.0
  • Style:Multi-Level: Yes
  • Roof:Pitched: Yes
  • Driveway:Gravel: Yes
  • Roof:Membrane: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Full, Interior Entry, Unfinished
  • Full Bathrooms: 10
  • Flooring: Wood, Vinyl, Carpet
  • Full Basement: Yes

Exterior Features

  • Lot Features: Level, Intown
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Roof: Membrane, Metal, Pitched

Garage/Parking

  • Attached Garage: No
  • Parking Features: 5 - 10 Spaces, Gravel, Off Street

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Multi-Zones, Hot Water, Forced Air, Baseboard
  • 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: 9583.2
  • Parcel #: LEWI-000196-000000-000291
  • Zoning: DR

Multi Family

  • Number Of Units Total: 10
  • Annual Gross Income: 120000.0
  • Annual Operating Expense: 50000.0

Tax Info

  • Tax Annual Amount: 3757.0
  • Tax Book Number: 1697
  • Tax Lot: 290-291
  • Tax Map Number: 196
  • Tax Year: 2021

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
06/07/2022 06/07/22 Sold $575,000 -4.2% $78 / Sq Ft
03/15/2022 03/15/22 Pending -- -- --
03/05/2022 03/05/22 For Sale $600,000 -- $82 / Sq Ft
Source: Maine Listings

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Jon Leahy

    Seller's Agent in 2022

    Jon Leahy

    J T Leahy Real Estate

    (207) 939-8366

    3 in this area

    44 Total Sales

    Jon Leahy
    Section Image
  • Shawn McKillop

    Buyer's Agent in 2022

    Shawn McKillop

    Maine Real Estate Co

    (207) 200-7068

    1 in this area

    36 Total Sales

    Shawn McKillop
    Section Image
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Map

Source: Maine Listings

MLS Number: 1521075

Maine Listings

Maine Androscoggin County Lewiston 04240 Downtown Lewiston

39 Knox St, Lewiston, ME

This home is located at 39 Knox St, Lewiston, ME 04240 since 05 March 2022. This property was built in 1881. 39 Knox St is a home located in Androscoggin County with nearby schools including Montello School, Lewiston Middle School, and Lewiston High School.

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