NOT LISTED FOR SALE

6 Davis St Lewiston, ME 04240

Estimated Value: $375,000 - $444,000

5 Beds
3 Baths
4,046 Sq Ft
$99/Sq Ft Est. Value

Last Sold February 15, 2024

Last sale price $330,000 $82 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $2,459/month

16 Days on Market

Highlights

  • The property is located in a historic district
  • No HOA
  • Baseboard Heating
  • Wood Flooring
  • 2 Car Detached Garage
  • Level Lot

About This Home

As of February 2024

Welcome to 6 Davis Street, a fantastic multi-family property located in a neighborhood setting. This versatile property offers an excellent opportunity for both investors and those looking for a home with additional income potential.

Situated near Bates College, hospitals, and local schools, this property boasts a prime location that is sure to appeal to a wide range of buyers. Whether you're looking to live in one unit and rent out the others or simply want a smart investment opportunity, this property has it all.

With a total of 5 bedrooms and 3 bathrooms spread across 3 units, there is plenty of room for everyone. Each unit features its own unique charm and character, providing a comfortable living space for tenants.

Parking will never be an issue with 4+ dedicated parking spaces available on the property. This convenience will surely be appreciated by both residents and visitors alike.

Don't miss out on this incredible opportunity to own a multi-family property in such a desirable location. Whether you're looking for an investment or a place to call home, 6 Davis Street offers endless possibilities. Schedule your viewing today and see all that this property has to offer!

Last Agent to Sell the Property

David Costello

Keller Williams Realty Listed on: 01/03/2024

Keller Williams Realty

Co-Listed By

Michael Keaney

Keller Williams Realty

Last Buyer's Agent

Aziza Perkins

EXP Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,665

Year Built

  • Built in 1891

Lot Details

  • 5,663 Sq Ft Lot
  • Level Lot

Parking

  • 2 Car Detached Garage
  • Driveway

Home Design

  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 3 Full Bathrooms
  • 3-Story Property
  • Exterior Basement Entry

Flooring

  • Wood
  • Carpet
  • Tile

Location

  • The property is located in a historic district
  • City Lot

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Baseboard Heating
  • Hot Water Heating System

Listing and Financial Details

  • Tax Lot 377
  • Assessor Parcel Number LEWI-000194-000000-000377

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Amenities

  • Community Storage Space

Building Details

  • Operating Expense $15,510
  • Gross Income $39,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,665

Year Built

Built in 1891

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.13
  • Road Surface Type: Paved
  • Co List Office Mls Id: 1898
  • Co List Office Phone: 207-879-9800
  • MLS Status: Closed
  • Above Grade Finished Sq Ft: 3761.0
  • Architectural Style: Multi-Level
  • Garage Yn: Yes
  • Building Stories: 3
  • Year Built: 1891
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.13
  • Property Information:Total Baths: 3.0
  • Property Information:SqFt Finished Above Grade: 3761.0
  • Property Information:SqFt Finished Below Grade: 285.0
  • Property Information:Garage: Yes
  • Site:Level: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Hot Water: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Tile2: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Amenities:Storage: Yes
  • Property Information:Garage Spaces: 2.0
  • Exterior:Vinyl Siding: Yes
  • Vehicle Storage:Detached: Yes
  • Property Information:Number of Units: 3
  • Building Info:_pound_ Stories2: 3
  • Income Expenses Gross Income: 39000.0
  • Income Expenses Operating Expenses: 15510.0
  • Style:Multi-Level: Yes
  • Location:Historic District: Yes
  • Gas:Natural - At Street: Yes
  • Property Information:Deed Restrictions: Unknown
  • Property Information:Bank Owned REO: No
  • Property Information 2 Detached Houses on 1 Lot: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Has Basement: Bulkhead, Exterior Entry
  • Full Bathrooms: 3
  • Below Grade Sq Ft: 285.0
  • Fireplace: No
  • Flooring: Wood, Tile, Carpet
  • Interior Amenities: Storage

Exterior Features

  • Lot Features: Level, Sidewalks, Historic District, Intown, Near Shopping, Near Town
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: 5 - 10 Spaces, Paved, Detached

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water, Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Utilities: Pole
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 5662.8
  • Parcel #: LEWI-000194-000000-000377
  • Zoning: NCB

Multi Family

  • Number Of Units Total: 3
  • Annual Gross Income: 39000.0
  • Annual Operating Expense: 15510.0

Tax Info

  • Tax Annual Amount: 3665.0
  • Tax Book Number: 10949
  • Tax Lot: 377
  • Tax Map Number: 194
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 3, 2024
Closed on
Feb 15, 2024
Sold by
Hunter William C
Bought by
Banza Katumba G and Umba Muyombi C
Seller's Agent
David Costello
Keller Williams Realty
Buyer's Agent
Aziza Perkins
EXP Realty
List Price
$315,000
Sold Price
$330,000
Premium/Discount to List
$15,000
4.76%
Views
7
Current Estimated Value
$399,511

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$69,511
Avg. Annual Appreciation
8.74%
Original Mortgage
$214,500
Outstanding Balance
$211,771
Interest Rate
6.66%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$166,221

Purchase Details

Closed on
Nov 19, 2021
Sold by
Michaud Allison R
Bought by
Hunter William C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,250
Interest Rate
2.99%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Jun 1, 2013
Closed on
Apr 3, 2014
Sold by
Mitchell Michael W and Mitchell Janice A
Bought by
Michaud Allison R
Seller's Agent
Lisa Cote
Bean Group
Buyer's Agent
Roger Gagnon Jr.
Berkshire Hathaway HomeServices Northeast Real Estate
List Price
$140,000
Sold Price
$138,000
Premium/Discount to List
-$2,000
-1.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.16%
Original Mortgage
$135,429
Interest Rate
4.33%
Mortgage Type
FHA

Purchase Details

Closed on
May 5, 2011
Sold by
Gosselin Ft and Gosselin
Bought by
Mitchell Michael W and Mitchell Janice A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,000
Interest Rate
4.82%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Banza Katumba G $330,000 None Available
Hunter William C -- None Available
Michaud Allison R -- --
Mitchell Michael W -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Banza Katumba G $214,500
Previous Owner Hunter William C $161,250
Previous Owner Michaud Allison R $135,429
Previous Owner Mitchell Michael W $93,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/15/2024 02/15/24 Sold $330,000 +4.8% $82 / Sq Ft
01/19/2024 01/19/24 Pending -- -- --
01/03/2024 01/03/24 For Sale $315,000 +128.3% $78 / Sq Ft
04/02/2014 04/02/14 Sold $138,000 -1.4% $34 / Sq Ft
03/04/2014 03/04/14 Pending -- -- --
06/03/2013 06/03/13 For Sale $140,000 -- $35 / Sq Ft
Source: Maine Listings

Tax History Compared to Growth

Source: Public Records

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
2024 $4,086 $128,600 $19,080 $109,520
2023 $3,858 $128,600 $19,080 $109,520
2022 $3,665 $128,600 $19,080 $109,520
2021 $3,098 $109,620 $19,080 $90,540
2020 $3,143 $109,620 $19,080 $90,540
2019 $3,169 $109,620 $19,080 $90,540
2018 $3,143 $109,620 $19,080 $90,540
2017 $3,072 $109,620 $19,080 $90,540
2016 $3,019 $109,620 $19,080 $90,540
2015 $3,000 $109,620 $19,080 $90,540
2014 $2,915 $109,620 $19,080 $90,540
2013 $2,898 $109,620 $19,080 $90,540
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1579782

Maine Listings

APN: LEWI-000194-000000-000377