NOT LISTED FOR SALE

44 Riverside St Lewiston, ME 04240

-- Bed
4 Baths
3,466 Sq Ft
6,534 Sq Ft Lot

Last Sold August 31, 2021

Last sale price $215,000 $62 Per Sq Ft

4 Days on Market

Highlights

  • Additional Residence on Property
  • Wood Flooring
  • Baseboard Heating
  • Colonial Architecture
  • No HOA
  • Level Lot

About This Home

As of August 2021

ALL OFFERS DUE BY SATURDAY AT 8:00pm. Are you looking for an income property? This is the one you are looking for. 4 units total with 2 units in each building. This property generates $3250 a month in rental income, it is a short walk to CMMC and Bates College (10 minute walk) and is close to restaurants and shopping. Shingles replaced in 2008 and boilers are 5 years old. Natural gas heat. Separate electrical meters for each unit.

Last Agent to Sell the Property

Brian Shedlarski

Locations Real Estate Group LLC Listed on: 08/03/2021

Last Buyer's Agent

James McAleney

Cottage & Co Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,847

Year Built

  • Built in 1887

Lot Details

  • 6,534 Sq Ft Lot
  • Level Lot

Home Design

  • Colonial Architecture
  • New Englander Architecture
  • Brick Foundation
  • Stone Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 4 Full Bathrooms
  • 3,466 Sq Ft Home
  • 2-Story Property

Flooring

  • Wood
  • Carpet
  • Vinyl

Unfinished Basement

  • Interior and Exterior Basement Entry
  • Dirt Floor

Parking

  • Gravel Driveway
  • Off-Street Parking

Utilities

  • No Cooling
  • Heating System Uses Natural Gas
  • Heating System Mounted To A Wall or Window
  • Baseboard Heating
  • Electric Water Heater

Additional Features

  • Additional Residence on Property
  • City Lot

Listing and Financial Details

  • Tax Lot 12
  • Assessor Parcel Number LEWI-000193-000000-000012

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • Operating Expense $9,045
  • Gross Income $39,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,847

Year Built

Built in 1887

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.15
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: Take Main Street to Riverside. Property is on the left. It is GPS friendly.
  • Above Grade Finished Sq Ft: 3466.0
  • Architectural Style: Colonial, New Englander, Other Style
  • Garage Yn: No
  • Building Stories: 2
  • Year Built: 1887
  • Location Information:Leased Land: No
  • Contract Information:List PriceSqFt: 54.82
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.15
  • Property Information:Total Baths: 4.0
  • Property Information:SqFt Finished Above Grade: 3466.0
  • Property Information:Garage: No
  • Site:Level: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: 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
  • Exterior:Vinyl Siding: Yes
  • Gas:Natural - On Site: Yes
  • Water Heater:Electric2: Yes
  • Basement:Unfinished: Yes
  • Heat Fuel:Gas Natural: Yes
  • Property Information:Number of Units: 4
  • Foundation Materials:BrickMortar2: Yes
  • Building Info:_pound_ Stories2: 2
  • Income Expenses Gross Income: 39000.0
  • Income Expenses Operating Expenses: 9044.84
  • Style:Colonial: Yes
  • Basement:Dirt Floor: Yes
  • Driveway:Gravel: Yes
  • Property Information:Deed Restrictions: Unknown
  • Heat System:Direct Vent Heater: Yes
  • Foundation Materials:Granite2: Yes
  • Heat System:Direct Vent Furnace: Yes
  • Basement Entry:Exterior Only: Yes
  • Style:New Englander: Yes
  • Building Info:_pound_ Floors3: 2
  • Advertising Remarks:Advertising Remarks: Are you looking for an income property? This is the one you are looking for. 4 units total with 2 units in each building. This property generates $3250 a month in rental income, it is a short walk to CMMC and Bates College (10 minute walk) and is close to restaurants and shopping. Shingles replaced in 2008 and boilers are 5 years old. Natural gas heat. Separate electrical meters for each unit.
  • Property Information 2 Detached Houses on 1 Lot: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Has Basement: Dirt Floor, Interior Entry, Exterior Only, Unfinished
  • Full Bathrooms: 4
  • Fireplace: No
  • Flooring: Wood, Vinyl, Carpet
  • Stories: 2

Exterior Features

  • Lot Features: Level, Sidewalks, Intown, Near Town
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Granite, Brick/Mortar
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Parking Features: 1 - 4 Spaces, Gravel, Off Street

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Direct Vent Heater, Direct Vent Furnace, 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: 6534.0
  • Parcel #: LEWI-000193-000000-000012
  • Zoning: NCB

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 39000.0
  • Annual Operating Expense: 9044.84

Tax Info

  • Tax Annual Amount: 2847.0
  • Tax Lot: 12
  • Tax Year: 2020
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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 Prior Sale
08/31/2021 08/31/21 Sold $215,000 +13.2% $62 / Sq Ft
08/08/2021 08/08/21 Pending -- -- --
08/03/2021 08/03/21 For Sale $190,000 +58.3% $55 / Sq Ft
06/17/2015 06/17/15 Sold $120,000 -13.7% $35 / Sq Ft View Prior Sale
05/08/2015 05/08/15 Pending -- -- --
10/02/2014 10/02/14 For Sale $139,000 -- $40 / 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 $3,943 $120,300 $17,400 $102,900
2024 $3,822 $120,300 $17,400 $102,900
2023 $3,609 $120,300 $17,400 $102,900
2022 $3,429 $120,300 $17,400 $102,900
2021 $2,806 $99,300 $17,400 $81,900
2020 $3,479 $99,300 $17,400 $81,900
2019 $3,479 $99,300 $17,400 $81,900
2018 $3,469 $99,300 $17,400 $81,900
2017 $2,782 $99,300 $17,400 $81,900
2016 $3,274 $99,300 $17,400 $81,900
2015 $2,718 $99,300 $17,400 $81,900
2014 $2,640 $99,300 $17,400 $81,900
2013 $2,625 $99,300 $17,400 $81,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1503541

Maine Listings