NOT LISTED FOR SALE

8 Prescott St Lewiston, ME 04240

-- Bed
4 Baths
2,816 Sq Ft
6,534 Sq Ft Lot

Last Sold May 05, 2023

Last sale price $325,000 $115 Per Sq Ft

2 Days on Market

Highlights

  • Wood Flooring
  • Hot Water Heating System
  • Level Lot
  • No HOA

About This Home

As of May 2023

Don't miss this opportunity! 4 Unit Multi-family located on the hospital grid across from CMMC. The property boasts a 3 bedroom unit with a bonus room, a 2 bedroom unit and 2- 1 bedroom units. Strong rental history!One unit is currently unoccupied and under renovation. Tenants require 24 hour notice to show.***Offer Deadline is Tuesday 3/21/23 @ 5PM

Last Agent to Sell the Property

Jennifer Sumrall

The Maine Real Estate Experience Listed on: 03/19/2023

Last Buyer's Agent

Kelly Sahabo

EXP Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,275

Year Built

  • Built in 1841

Lot Details

  • 6,534 Sq Ft Lot
  • Level Lot

Parking

  • Off-Street Parking

Home Design

  • 2,816 Sq Ft Home
  • Wood Frame Construction
  • Pitched Roof
  • Shingle Roof
  • Vinyl Siding

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Full Bathrooms

Unfinished Basement

  • Brick Basement
  • Interior Basement Entry

Location

  • Suburban Location
  • City Lot

Utilities

  • No Cooling
  • Radiator
  • Heating System Uses Oil
  • Hot Water Heating System
  • Natural Gas Not Available
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 457
  • Assessor Parcel Number LEWI-000194-000000-000457

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • Operating Expense $24,649
  • Gross Income $61,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,275

Year Built

Built in 1841

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.15
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: Building is across from CMMC, between 711 and Johns Dry Cleaning
  • Above Grade Finished Sq Ft: 2816.0
  • Architectural Style: Other
  • Garage Yn: No
  • Year Built: 1841
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.15
  • Property Information:Total Baths: 4.0
  • Property Information:SqFt Finished Above Grade: 2816.0
  • Property Information:Garage: No
  • Site:Level: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Hot Water: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Wood3: Yes
  • Parking:Off Street: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Basement Entry:Interior: Yes
  • Exterior:Vinyl Siding: Yes
  • Water Heater:Electric2: Yes
  • Basement:Unfinished: Yes
  • Gas:No Gas: Yes
  • Location:Suburban: Yes
  • Property Information:Number of Units: 4
  • Income Expenses Gross Income: 61200.0
  • Income Expenses Operating Expenses: 24649.0
  • Roof:Pitched: Yes
  • Basement:BrickMortar: Yes
  • Heat System:Radiator: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Interior, Brick/Mortar, Unfinished
  • Full Bathrooms: 4
  • Flooring: Wood, Carpet

Exterior Features

  • Lot Features: Level, Sidewalks, Intown, Suburban
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Roof: Pitched, Shingle

Garage/Parking

  • Attached Garage: No
  • Parking Features: 5 - 10 Spaces, Other, Off Street

Utilities

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

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 6534.0
  • Parcel #: LEWI-000194-000000-000457
  • Zoning: RES

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 61200.0
  • Annual Operating Expense: 24649.0

Tax Info

  • Tax Annual Amount: 3275.0
  • Tax Book Number: 10447
  • Tax Lot: 457
  • Tax Map Number: 194
  • Tax Year: 2022

Range of Values:

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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 Change Sq Ft Price
05/05/2023 05/05/23 Sold $325,000 -1.2% $115 / Sq Ft
03/21/2023 03/21/23 Pending -- -- --
03/19/2023 03/19/23 For Sale $329,000 +70.5% $117 / Sq Ft
08/03/2020 08/03/20 Sold $192,995 +1.6% $69 / Sq Ft
08/03/2020 08/03/20 Pending -- -- --
02/28/2020 02/28/20 For Sale $189,995 -- $67 / Sq Ft
Source: Maine Listings

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Jennifer Sumrall

    Seller's Agent in 2023

    Jennifer Sumrall

    The Maine Real Estate Experience

    (207) 417-1033

    12 in this area

    174 Total Sales

    Jennifer Sumrall
    Section Image

  • K

    Buyer's Agent in 2023

    Kelly Sahabo

    EXP Realty

  • Gina Letourneau

    Seller's Agent in 2020

    Gina Letourneau

    Better Homes & Gardens Real Estate/The Masiello Group

    (207) 754-4959

    98 in this area

    484 Total Sales

    Gina Letourneau
    Section Image

  • J

    Buyer's Agent in 2020

    Joan Paladino

    Realty ONE Group - Compass

See All Agents

Map

Source: Maine Listings

MLS Number: 1554188

Maine Listings
Maine Androscoggin County Lewiston 04240

8 Prescott St, Lewiston, ME

This home is located at 8 Prescott St, Lewiston, ME 04240 since 19 March 2023. This property was built in 1841. 8 Prescott St is a home located in Androscoggin County with nearby schools including Montello School, Lewiston Middle School, and Lewiston High School.

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