NOT LISTED FOR SALE

70 Howe St Lewiston, ME 04240

Studio
4 Baths
2,805 Sq Ft
1,742 Sq Ft Lot

Last Sold November 07, 2022

Last sale price $308,000 $110 Per Sq Ft

136 Days on Market

Highlights

  • Nearby Water Access
  • Property is near public transit
  • Corner Lot
  • Colonial Architecture
  • Wood Flooring
  • No HOA

About This Home

As of November 2022

Here it is! A great opportunity to own an investment property in downtown Lewiston. The building has a great rental history and has been well taken care of. Turn key opportunity for an investor or someone looking to live in one unit and rent out the others. Close to downtown and all of the amenities. Bates college is just down the road as well as Lewiston High school. This large 4 unit has two 2bedroom 1 ba apartments and two 1bd1ba apartments. 3/4 units currently have tenants one unit has been kept empty for showings. Tons of upgrades have been done by these owners including roof, and heat being switched from oil to gas. Just recently (8/19/22) repaired to FHA/VA standards.

Last Agent to Sell the Property

Avery Galarraga

Bean Group Listed on: 08/30/2022

Last Buyer's Agent

Amy Landry

EXP Realty

EXP Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,368

Year Built

  • Built in 1896

Lot Details

  • 1,742 Sq Ft Lot
  • Corner Lot
  • Level Lot

Home Design

  • Colonial Architecture
  • Concrete Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 4 Full Bathrooms
  • 2,805 Sq Ft Home
  • 3-Story Property

Flooring

  • Wood
  • Laminate
  • Vinyl

Unfinished Basement

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

Parking

  • No Driveway
  • On-Street Parking

Outdoor Features

  • Nearby Water Access

Location

  • Property is near public transit
  • City Lot

Utilities

  • No Cooling
  • Heating System Uses Gas
  • Baseboard Heating
  • Gas Water Heater

Listing and Financial Details

  • Tax Lot 557
  • Assessor Parcel Number LEWI-000195-000000-000557

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Pet Policy

  • Pets Allowed with Restrictions

Building Details

  • Operating Expense $9,000
  • Gross Income $28,439

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,368

Year Built

Built in 1896

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.04
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: gps friendly
  • Above Grade Finished Sq Ft: 2805.0
  • Architectural Style: Colonial
  • Garage Yn: No
  • Building Stories: 3
  • Year Built: 1896
  • Location Information:Leased Land: No
  • Contract Information:List PriceSqFt: 98.75
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.04
  • Property Information:Total Baths: 4.0
  • Property Information:SqFt Finished Above Grade: 2805.0
  • Property Information:Garage: No
  • Site:Corner Lot: 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
  • Cooling:None3: Yes
  • Floors:Vinyl: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Basement Entry:Interior: Yes
  • Water Heater:Gas: Yes
  • Exterior:Vinyl Siding: Yes
  • Basement:Unfinished: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Floors:Laminate: Yes
  • Property Information:Number of Units: 4
  • Building Info:_pound_ Stories2: 3
  • Income Expenses Gross Income: 28439.0
  • Income Expenses Operating Expenses: 9000.0
  • Style:Colonial: Yes
  • Recreational Water:Nearby: Yes
  • Heat Fuel:Gas Bottled: Yes
  • Driveway:No Driveway: Yes
  • Property Information:Deed Restrictions: Unknown
  • Property Information:Bank Owned REO: No
  • Basement:Sump Pump: Yes
  • Parking:On Street: Yes
  • Transportation:Public Transport Access: Yes
  • Restrictions:Pet: Yes
  • Advertising Remarks:Advertising Remarks: Here it is! A great opportunity to own an investment property in downtown Lewiston. The building has a great rental history and has been well taken care of. Turn key opportunity for an investor or someone looking to live in one unit and rent out the others. Close to downtown and all of the amenities. Bates college is just down the road as well as Lewiston High school. This large 4 unit has two 2bedroom 1 ba apartments and two 1bd1ba apartments. 3/4 units currently have tenants one unit has been kept empty for showings. Tons of upgrades have been done by these owners including roof, and heat being switched from oil to gas.
  • Property Information 2 Detached Houses on 1 Lot: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Has Basement: Full, Sump Pump, Interior Entry, Unfinished
  • Full Bathrooms: 4
  • Flooring: Wood, Vinyl, Laminate
  • Full Basement: Yes

Exterior Features

  • Lot Features: Corner Lot, Level, Sidewalks, Intown, Near Town, Neighborhood, Near Public Transit
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Parking Features: No Driveway, On Street

Utilities

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

Condo/Co-op/Association

  • Association: No
  • Pets Allowed: Yes

Schools

  • Junior High Dist: Lewiston Public Schools

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 1742.4
  • Parcel #: LEWI-000195-000000-000557
  • Zoning: DR

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 28439.0
  • Annual Operating Expense: 9000.0

Tax Info

  • Tax Annual Amount: 2368.0
  • Tax Lot: 557
  • Tax Year: 2021
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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
11/07/2022 11/07/22 Sold $308,000 +14.5% $110 / Sq Ft
09/12/2022 09/12/22 Pending -- -- --
04/28/2022 04/28/22 For Sale $269,000 -- $96 / 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 $3,275 $99,900 $8,500 $91,400
2024 $3,174 $99,900 $8,500 $91,400
2023 $2,997 $99,900 $8,500 $91,400
2022 $2,388 $83,800 $8,500 $75,300
2021 $2,368 $83,800 $8,500 $75,300
2020 $2,403 $83,800 $8,500 $75,300
2019 $2,423 $83,800 $8,500 $75,300
2018 $2,403 $83,800 $8,500 $75,300
2017 $2,348 $83,800 $8,500 $75,300
2016 $2,308 $83,800 $8,500 $75,300
2015 $2,294 $83,800 $8,500 $75,300
2014 $2,228 $83,800 $8,500 $75,300
2013 $2,216 $83,800 $8,500 $75,300
Source: Public Records

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Map

Source: Maine Listings

MLS Number: 1526282

Maine Listings