Karen Rice
Abigail Douris Real EstateLLC
(207) 994-8978
40 Total Sales
1 in Lewiston
$530,000 Price
54 Pierce St Lewiston, ME 04240
Lewiston Area
--
Beds
6
Baths
4,648
Sq Ft
4,356
Sq Ft Lot
Highlights
- Wood Flooring
- Baseboard Heating
- 3-minute walk to Kennedy Park
- No HOA
About This Home
As of September 2023Introducing an incredible investment opportunity! This 6-unit multi-family property is a fantastic value proposition for savvy investors. With a proven rental history and impressive income potential, it promises a solid return on investment. Each unit offers spacious layouts and abundant natural light, ensuring comfortable living spaces for tenants. Located in a downtown setting, this property provides convenient access to nearby amenities, including shopping centers, dining options, and public transportation. Its strategic location also allows for easy commuting and attracts a diverse pool of tenants. With its strong rental demand and desirable location, this multi-family property is a smart choice for those looking to maximize their investment potential. This property presents a promising opportunity for both seasoned investors and those new to real estate. Whether you're expanding your portfolio or entering the market, this 6-unit multi-family property offers an excellent chance to secure consistent cash flow and long-term growth. Don't miss out on this lucrative venture that combines affordability, tenant appeal, and a prime location. Act now and seize this remarkable investment opportunity!
Last Agent to Sell the Property
Tyler Stewart
Keller Williams Realty Listed on: 06/22/2023
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Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,950
Year Built
- Built in 1863
Lot Details
- 4,356 Sq Ft Lot
- Property fronts a freeway
Home Design
- Flat Roof Shape
Interior Spaces
- 6 Full Bathrooms
- 4,648 Sq Ft Home
- Multi-Level Property
- Interior Basement Entry
Flooring
- Wood
- Vinyl
Utilities
- No Cooling
- Baseboard Heating
Listing and Financial Details
- Tax Lot 501
- Assessor Parcel Number LEWI-000195-000000-000501
Community Details
Overview
- No Home Owners Association
- 6 Units
Building Details
- Operating Expense $34,870
- Gross Income $95,472
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Lewiston, ME
-
Karen Rice
-
Adam Hedio
Adam Hedio
Coldwell Banker Realty
(207) 977-2927
171 Total Sales
1 in Lewiston
$290,000 Price
-
Mike Quinn
Mike Quinn
EXP Realty
(207) 705-5092
62 Total Sales
1 in Lewiston
$385,000 Price
-
Yulia Glasgow
Yulia Glasgow
Real Broker
(855) 697-7513
118 Total Sales
4 in Lewiston
$82K - $370K Price Range
-
Bruce Davis
Bruce Davis
Engel & Volkers Casco Bay
(207) 386-9380
90 Total Sales
1 in Lewiston
$472,000 Price
-
Meghan Murphy
Meghan Murphy
Responds QuicklyRE/MAX Riverside
(207) 417-4319
72 Total Sales
2 in Lewiston
$190K - $316K Price Range
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $359,000 | None Available | ||
| Andrews Management Llc | $265,000 | None Available |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | -- | $266,250 | |
| Previous Owner | -- | $212,000 | |
| Previous Owner | Maxey Llc | $315,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 09/18/2023 09/18/23 | Sold | $359,000 | -4.3% | $77 / Sq Ft | |
| 07/19/2023 07/19/23 | Pending | -- | -- | -- | |
| 06/22/2023 06/22/23 | For Sale | $375,000 | +41.5% | $81 / Sq Ft | |
| 04/29/2022 04/29/22 | Sold | $265,000 | -27.4% | $57 / Sq Ft | View Prior Sale |
| 03/04/2022 03/04/22 | Pending | -- | -- | -- | |
| 04/22/2021 04/22/21 | For Sale | $365,000 | -- | $79 / Sq Ft |
Source: Maine Listings
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $4,543 | $138,600 | $16,800 | $121,800 |
| 2024 | $4,403 | $138,600 | $16,800 | $121,800 |
| 2023 | $4,158 | $138,600 | $16,800 | $121,800 |
| 2022 | $3,950 | $138,600 | $16,800 | $121,800 |
| 2021 | $3,411 | $120,700 | $16,800 | $103,900 |
| 2020 | $3,459 | $120,660 | $16,800 | $103,860 |
| 2019 | $3,488 | $120,660 | $16,800 | $103,860 |
| 2018 | $3,459 | $120,660 | $16,800 | $103,860 |
| 2017 | $3,381 | $120,660 | $16,800 | $103,860 |
| 2016 | $3,323 | $120,660 | $16,800 | $103,860 |
| 2015 | $3,302 | $120,660 | $16,800 | $103,860 |
| 2014 | $3,208 | $120,660 | $16,800 | $103,860 |
| 2013 | $3,190 | $120,660 | $16,800 | $103,860 |
Source: Public Records
Agents Affiliated with this Home
-
TS
Seller's Agent in 2023
Tyler Stewart
Keller Williams Realty
-
Amanda Berube
AB
Buyer's Agent in 2023
Amanda Berube
HomeSmart
(207) 292-2800
5 Total Sales
-
JD
Seller's Agent in 2022
John Danforth
CENTURY 21 Advantage
-
GG
Buyer's Agent in 2022
Garret Getch
Better Homes & Gardens Real Estate/The Masiello Group
Map
Source: Maine Listings
MLS Number: 1559901
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Listing data is derived in whole or in part from Maine Real Estate Information System, Inc. (d/b/a Maine Listings) and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.
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