717 Lisbon St Lewiston, ME 04240
Estimated payment $3,744/month
Highlights
- Wood Flooring
- Subterranean Parking
- 1 Car Garage
- No HOA
- Porch
- Open Lot
About This Home
Opportunity to invest. Large updated and renovated 6 unit apartment building conveniently located headed out of downtown with 2 bedrooms in each unit. Off street parking, rear porches, and hardwood floors. New heating system installed in fall of 2021 providing Natural Gas heat through radiators in the units. Building has been through the lead paint abatement program, which included new porches, exterior siding, and interior doors. A new rubber roof installed 2017. Other recent updates where new windows and paved driveway. Listed at over a 10.1% cap rate.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,826
Year Built
- Built in 1939
Lot Details
- 4,792 Sq Ft Lot
- Open Lot
Parking
- 1 Car Garage
- Subterranean Parking
- Driveway
- Off-Street Parking
Home Design
- Flat Roof Shape
- Concrete Foundation
- Wood Frame Construction
- Tar and Gravel Roof
- Clap Board Siding
- Concrete Perimeter Foundation
- Clapboard
Interior Spaces
- 6 Full Bathrooms
- 5,802 Sq Ft Home
- 3-Story Property
- Wood Flooring
Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
- Interior and Exterior Basement Entry
Utilities
- No Cooling
- Heating System Uses Natural Gas
- Heating System Mounted To A Wall or Window
- High-Efficiency Furnace
- Gas Water Heater
Additional Features
- Porch
- City Lot
Listing and Financial Details
- Tax Lot 031
- Assessor Parcel Number LEWI-000197-000000-000031
Community Details
Overview
- No Home Owners Association
- 6 Units
Building Details
- Operating Expense $38,650
- Gross Income $59,390
Map
Home Values in the Area
Average Home Value in this Area
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
05/16/2025 05/16/25 | For Sale | $599,995 | -- | $103 / Sq Ft |
Source: Maine Listings
MLS Number: 1622926

APN: LEWI M:197 L:031