Seller's Agent in 2024
Maria Morrissette
Fontaine Family-The Real Estate Leader
(207) 749-8779
19 in this area
131 Total Sales
46 Knox St Lewiston, ME 04240
--
Bed
8
Baths
10,715
Sq Ft
4,792
Sq Ft Lot
Highlights
- Wood Flooring
- Zoned Heating
- Level Lot
- No HOA
- Baseboard Heating
- 4-minute walk to Kennedy Park
About This Home
As of November 2024INVESTORS don't miss the opportunity to tour and consider this great opportunity. A stately eight-unit apartment complex that has been extensively remodeled and systems have been updated and replaced. Property has been renovated to code with a monitored fire alarm system. Each unit has 3 bedrooms and one bathroom and has been completely refurbished and are clean, light, and beautiful apartments. Some of the work that has been done includes new plumbing, new heating system, new electrical panels and wiring, new concrete flooring in both basements and repairs to membrane roofing. Flooring throughout units has been changed to vinyl planks that will endure with typical tenancy turnover. Entirely new kitchens in all units with new appliances and 4 bathrooms rehabs and 4 bathrooms entirely renovated. Entire common space and units have been freshly painted. Units are ready to be rented day one. Be sure to look at the Income/Expense sheet and consider the $144,000 projected income. Come to the group showing you will be sure to be impressed with the quality rehab work done at this eight-unit apartment building.
Last Agent to Sell the Property
Fontaine Family-The Real Estate Leader Listed on: 09/11/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,085
Year Built
- Built in 1901
Lot Details
- 4,792 Sq Ft Lot
- Level Lot
Home Design
- Flat Roof Shape
- Brick Foundation
- Pillar, Post or Pier Foundation
- Wood Frame Construction
- Shingle Roof
- Membrane Roofing
- Vinyl Siding
Interior Spaces
- 8 Full Bathrooms
- 10,715 Sq Ft Home
- Multi-Level Property
Flooring
- Wood
- Laminate
- Vinyl
Unfinished Basement
- Basement Fills Entire Space Under The House
- Brick Basement
- Exterior Basement Entry
- Dirt Floor
Parking
- Common or Shared Parking
- Shared Driveway
- Paved Parking
- On-Site Parking
Location
- City Lot
Utilities
- No Cooling
- Zoned Heating
- Heating System Uses Natural Gas
- Baseboard Heating
- Hot Water Heating System
Listing and Financial Details
- Tax Lot 259
- Assessor Parcel Number LEWI-000196-000000-000259
Community Details
Overview
- No Home Owners Association
- 8 Units
Building Details
- Operating Expense $17,485
- Gross Income $144,000
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/22/2024 11/22/24 | Sold | $775,000 | +3.3% | $72 / Sq Ft |
| 09/26/2024 09/26/24 | Pending | -- | -- | -- |
| 09/11/2024 09/11/24 | For Sale | $750,000 | -- | $70 / Sq Ft |
Source: Maine Listings
Tax History Compared to Growth
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 | $6,241 | $190,400 | $17,040 | $173,360 |
| 2024 | $5,385 | $169,500 | $17,040 | $152,460 |
| 2023 | $5,085 | $169,500 | $17,040 | $152,460 |
| 2022 | $4,831 | $169,500 | $17,040 | $152,460 |
| 2021 | $4,790 | $169,500 | $17,040 | $152,460 |
| 2020 | $4,860 | $169,500 | $17,040 | $152,460 |
| 2019 | $4,900 | $169,500 | $17,040 | $152,460 |
| 2018 | $4,860 | $169,500 | $17,040 | $152,460 |
| 2017 | $4,749 | $169,500 | $17,040 | $152,460 |
| 2016 | $4,668 | $169,500 | $17,040 | $152,460 |
| 2015 | $4,639 | $169,500 | $17,040 | $152,460 |
| 2014 | $4,507 | $169,500 | $17,040 | $152,460 |
| 2013 | $4,482 | $169,500 | $17,040 | $152,460 |
Source: Public Records
Agents Affiliated with this Home
-
Maria Morrissette
-
Heather Mayer
Buyer's Agent in 2024
Heather Mayer
Portside Real Estate Group
(207) 766-1270
3 in this area
157 Total Sales
Map
Source: Maine Listings
MLS Number: 1603346
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