$450,000
SOLD SEP 8, 2025

41 Burbank St Lewiston, ME 04240

-- Bed
3 Baths
2,522 Sq Ft
7,841 Sq Ft Lot

Recently Sold

$178 Per Sq Ft

3 Days on Market

Highlights

  • View of Trees or Woods
  • Property is near public transit
  • No HOA
  • Deck
  • Wood Flooring
  • Hot Water Heating System

About This Home

As of September 2025

Don't miss this tastefully updated and fully furnished three-unit property located at the end of a quiet dead-end street in a desirable residential area of Lewiston. This well-cared-for building offers strong investment potential, with recent updates including flooring, paint, cabinets, countertops, and appliances. All three units are furnished and currently rented to traveling professionals as mid-term rentals, providing consistent cash flow. Furniture is included in the sale, making for a smooth transition for the new owner.

One unit is currently vacant and move-in ready, offering an excellent opportunity for an owner-occupant. The property also features off-street parking and a spacious backyard. Its location is ideal—just a short walk to the YWCA and Lewiston High School, with access to athletic fields, tennis courts, and a track. You'll also enjoy close proximity to hospitals, schools, restaurants, shopping centers, and parks.

This is a flexible investment—continue with the mid-term rental model or transition to traditional long-term leases.

Last Agent to Sell the Property

Stephen Kenney

EXP Realty Listed on: 07/31/2025

EXP Realty

Last Buyer's Agent

Shawn Boulet

Meservier & Associates

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,708

Year Built

  • Built in 1924

Lot Details

  • 7,841 Sq Ft Lot
  • Street terminates at a dead end
  • Level Lot

Home Design

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

Interior Spaces

  • 3 Full Bathrooms
  • 2,522 Sq Ft Home
  • 2-Story Property
  • Views of Woods
  • Washer and Dryer Hookup

Flooring

  • Wood
  • Laminate

Unfinished Basement

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

Parking

  • Common or Shared Parking
  • Shared Driveway
  • Paved Parking
  • Off-Street Parking

Outdoor Features

  • Deck

Location

  • Property is near public transit
  • City Lot

Utilities

  • No Cooling
  • Radiator
  • Heating System Uses Oil
  • Hot Water Heating System
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 174
  • Assessor Parcel Number LEWI-000175-000000-000174

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • Operating Expense $12,408
  • Gross Income $59,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,708

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.18
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: GPS Friendly
  • Above Grade Finished Sq Ft: 2522.0
  • Architectural Style: Other
  • Garage Yn: No
  • Unit Levels: Multi-Level
  • Building Stories: 2
  • Year Built: 1924
  • Location Information:Leased Land: No
  • Contract Information:List PriceSqFt: 178.43
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.18
  • Property Information:Total Baths: 3.0
  • Property Information:SqFt Finished Above Grade: 2522.0
  • Property Information:Garage: No
  • Site:Level: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Heat System:Hot Water: Yes
  • Heat Fuel:Oil: 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
  • Exterior:Vinyl Siding: Yes
  • Driveway:Common2: Yes
  • Water Heater:Electric2: Yes
  • Amenities:Laundry - Hookup: Yes
  • Basement:Unfinished: Yes
  • Floors:Laminate: Yes
  • Property Information:Number of Units: 3
  • Foundation Materials:BrickMortar2: Yes
  • Building Info:_pound_ Stories2: 2
  • Income Expenses Gross Income: 59400.0
  • Income Expenses Operating Expenses: 12408.0
  • Gas:Natural - At Street: Yes
  • Property Information:Short Sale Continue to Show: No
  • Roads:Dead End: Yes
  • View:TreesWoods: Yes
  • Property Information:Bank Owned REO: No
  • Heat System:Radiator: Yes
  • Roof:Membrane: Yes
  • Transportation:Public Transport Access: Yes
  • Roof:Flat: Yes
  • Building Info:_pound_ Floors3: 2
  • Advertising Remarks:Advertising Remarks: Don't miss this tastefully updated and fully furnished three-unit property located at the end of a quiet dead-end street in a desirable residential area of Lewiston. This well-cared-for building offers strong investment potential, with recent updates including flooring, paint, cabinets, countertops, and appliances. All three units are furnished and currently rented to traveling professionals as mid-term rentals, providing consistent cash flow. Furniture is included in the sale, making for a smooth transition for the new owner. One unit is currently vacant and move-in ready, offering an excellent opportunity for an owner-occupant. The property also features off-street parking and a spacious backyard. Its location is ideal—just a short walk to the YWCA and Lewiston High School, with access to athletic fields, tennis courts, and a track. You'll also enjoy close proximity to hospitals, schools, restaurants, shopping centers, and parks. This is a flexible investment—continue with the mid-term rental model or transition to traditional long-term leases.
  • Property Information 2 Detached Houses on 1 Lot: No
  • Levels:Multi-Level3: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Furnished: Furnished
  • Has Basement: Interior, Full, Unfinished
  • Full Bathrooms: 3
  • Fireplace: No
  • Flooring: Wood, Laminate
  • Stories: 2
  • Full Basement: Yes

Exterior Features

  • Lot Features: Level, Intown, Near Shopping, Neighborhood, Near Public Transit
  • View: Trees/Woods
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Brick/Mortar
  • Patio And Porch Features: Deck
  • Roof: Flat, Membrane
  • Patio And Porch Features:Deck: Yes

Garage/Parking

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

Utilities

  • Laundry Features: Washer Hookup
  • Cooling: None
  • Cooling Y N: No
  • Heating: Radiator, Hot Water
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 7840.8
  • Parcel #: LEWI-000175-000000-000174
  • Zoning: NCA

Multi Family

  • Number Of Units Total: 3
  • Annual Gross Income: 59400.0
  • Annual Operating Expense: 12408.0

Tax Info

  • Tax Annual Amount: 3708.0
  • Tax Lot: 174
  • Tax Year: 2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 31, 2025
Closed on
Sep 8, 2025
Sold by
Miller Susan L
Bought by
Goodale Roy
Seller's Agent
Stephen Kenney
EXP Realty
Buyer's Agent
Shawn Boulet
Meservier & Associates
List Price
$450,000
Sold Price
$450,000
Views
5
Current Estimated Value
$431,916

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$18,084
Avg. Annual Appreciation
-8.71%
Original Mortgage
$427,500
Outstanding Balance
$426,012
Interest Rate
6.74%
Mortgage Type
New Conventional
Estimated Equity
$5,904

Purchase Details

Listed on
Sep 19, 2023
Closed on
Nov 8, 2023
Sold by
Adams Michael L and Adams Aimee D
Bought by
Miller Susan L
Seller's Agent
Brian DuBois
Keller Williams Realty
Buyer's Agent
Tyson Wilkins
Waypoint Brokers Collective
List Price
$399,000
Sold Price
$359,900
Premium/Discount to List
-$39,100
-9.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.99%
Original Mortgage
$269,925
Interest Rate
7.63%
Mortgage Type
Purchase Money Mortgage
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- --
Warranty Deed $359,900 None Available
Warranty Deed $359,900 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $427,500 New Conventional
Previous Owner $269,925 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/08/2025 09/08/25 Sold $450,000 0.0% $178 / Sq Ft
08/03/2025 08/03/25 Pending -- -- --
07/31/2025 07/31/25 For Sale $450,000 +25.0% $178 / Sq Ft
11/09/2023 11/09/23 Sold $359,900 -9.8% $143 / Sq Ft View Prior Sale
09/29/2023 09/29/23 Pending -- -- --
09/19/2023 09/19/23 For Sale $399,000 -- $158 / 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 $3,825 $116,700 $16,440 $100,260
2024 $3,708 $116,700 $16,440 $100,260
2023 $3,501 $116,700 $16,440 $100,260
2022 $3,326 $116,700 $16,440 $100,260
2021 $3,298 $116,700 $16,440 $100,260
2020 $3,346 $116,700 $16,440 $100,260
2019 $3,374 $116,700 $16,440 $100,260
2018 $3,346 $116,700 $16,440 $100,260
2017 $3,270 $116,700 $16,440 $100,260
2016 $3,214 $116,700 $16,440 $100,260
2015 $3,194 $116,700 $16,440 $100,260
2014 $3,103 $116,700 $16,440 $100,260
2013 $3,086 $116,700 $16,440 $100,260
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1632491

Maine Listings

APN: LEWI-000175-000000-000174

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