NOT LISTED FOR SALE

4 Cloutier St Lewiston, ME 04240

-- Bed
9 Baths
7,602 Sq Ft
11,761 Sq Ft Lot

Last Sold July 08, 2022

Last sale price $725,000 $95 Per Sq Ft

4 Days on Market

Highlights

  • Property is near public transit
  • No HOA
  • Baseboard Heating
  • Wood Flooring
  • Zoned Heating
  • Level Lot

About This Home

As of July 2022

Great investment property located in nice neighborhood with great income. The building offers 6 units with 2 bedrooms and 3 units with 1 bedroom. New natural gas boiler installed in January 2022 and the building has gone through the Lead Based paint and health home program. Building moved to current location in 1985. New foundation and 3 units added. Building located close to hospital, shopping, schools, Bates. Washer/dryer hook ups

Last Agent to Sell the Property

Marcel Poulin

Better Homes & Gardens Real Estate/The Masiello Group Listed on: 05/07/2022

Better Homes & Gardens Real Estate/The Masiello Group

Last Buyer's Agent

Whitney Levesque

The Maine Real Estate Experience

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,405

Lot Details

  • 11,761 Sq Ft Lot
  • Level Lot
  • Open Lot

Home Design

  • Concrete Foundation
  • Wood Frame Construction
  • Tar and Gravel Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 9 Full Bathrooms
  • 2-Story Property

Flooring

  • Wood
  • Tile
  • Vinyl

Basement

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

Parking

  • Gravel Driveway
  • On-Site Parking

Location

  • Property is near public transit

Utilities

  • No Cooling
  • Zoned Heating
  • Heating System Uses Natural Gas
  • Baseboard Heating
  • Hot Water Heating System
  • Internet Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 331
  • Assessor Parcel Number LEWI-000146-000000-000331

Community Details

Overview

  • No Home Owners Association
  • 9 Units
  • The community has rules related to deed restrictions

Building Details

  • Operating Expense $24,270
  • Gross Income $98,700

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,405

Lot Details

0.27 Acres

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.27
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: East on Sabattus St. then a right before Farwell St.
  • Above Grade Finished Sq Ft: 5068.0
  • Architectural Style: Multi-Level
  • Garage Yn: No
  • Building Stories: 2
  • Location Information:Leased Land: No
  • Contract Information:List PriceSqFt: 162.79
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.27
  • Property Information:Total Baths: 9.0
  • Property Information:SqFt Finished Above Grade: 5068.0
  • Property Information:SqFt Finished Below Grade: 2534.0
  • Property Information:Garage: No
  • Site:Level: Yes
  • Site:Open: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Heat System:Baseboard: 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
  • Basement Entry:Interior: Yes
  • Exterior:Vinyl Siding: Yes
  • Gas:Natural - On Site: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Heat Fuel:Gas Natural: Yes
  • Property Information:Number of Units: 9
  • Heat System:Multi-Zones: Yes
  • Building Info:_pound_ Stories2: 2
  • Income Expenses Gross Income: 98700.0
  • Income Expenses Operating Expenses: 24270.0
  • Parking:On Site2: Yes
  • Style:Multi-Level: Yes
  • Property Information:Short Sale Continue to Show: No
  • Driveway:Gravel: Yes
  • Equipment:Internet Access Available: Yes
  • Property Information:Deed Restrictions: Yes
  • Property Information:Bank Owned REO: No
  • Equipment:Cable: Yes
  • Transportation:Public Transport Access: Yes
  • Roof:TarGravel: Yes
  • Advertising Remarks:Advertising Remarks: Great investment property located in nice neighborhood with great income. The building offers 6 units with 2 bedrooms and 3 units with 1 bedroom. New natural gas boiler installed in January 2022 and the building has gone through the Lead Based paint and health home program
  • Property Information 2 Detached Houses on 1 Lot: No
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Has Basement: Full, Interior Entry
  • Full Bathrooms: 9
  • Below Grade Sq Ft: 2534.0
  • Fireplace: No
  • Flooring: Wood, Vinyl, Tile
  • Full Basement: Yes

Exterior Features

  • Lot Features: Level, Open Lot, Near Shopping, Near Public Transit
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Roof: Tar/Gravel

Garage/Parking

  • Attached Garage: No
  • Parking Features: 11 - 20 Spaces, Gravel, On Site

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Multi-Zones, Hot Water, 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: 11761.2
  • Parcel #: LEWI-000146-000000-000331
  • Zoning: Commercial

Multi Family

  • Number Of Units Total: 9
  • Annual Gross Income: 98700.0
  • Annual Operating Expense: 24270.0

Tax Info

  • Tax Annual Amount: 8405.0
  • Tax Lot: 331
  • 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
07/08/2022 07/08/22 Sold $725,000 -12.1% $95 / Sq Ft
05/12/2022 05/12/22 Pending -- -- --
05/07/2022 05/07/22 For Sale $825,000 -- $109 / 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 $9,749 $297,420 $23,640 $273,780
2024 $9,449 $297,420 $23,640 $273,780
2023 $8,923 $297,420 $23,640 $273,780
2022 $8,476 $297,420 $23,640 $273,780
2021 $8,405 $297,420 $23,640 $273,780
2020 $8,527 $297,420 $23,640 $273,780
2019 $8,598 $297,420 $23,640 $273,780
2018 $8,527 $297,420 $23,640 $273,780
2017 $8,334 $297,420 $23,640 $273,780
2016 $8,191 $297,420 $23,640 $273,780
2015 $8,140 $297,420 $23,640 $273,780
2014 $7,908 $297,420 $23,640 $273,780
2013 $7,864 $297,420 $23,640 $273,780
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1527386

Maine Listings
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