NOT LISTED FOR SALE
-- Bed
4 Baths
6,044 Sq Ft
4,792 Sq Ft Lot

Sale Details

Date Sold: January 20, 2025

Last sale price $520,000 $86 Per Sq Ft

4 Days on Market

Highlights

  • Property is near public transit
  • No HOA
  • Porch
  • Wood Flooring
  • 2 Car Detached Garage
  • Baseboard Heating

About This Home

As of January 2025

**Charming 4-Unit Apartment Building in Lewiston, Maine** Welcome to this meticulously maintained 4-unit apartment building, nestled in the heart of Lewiston. This investment property is a rare find, boasting excellent condition throughout, with numerous recent upgrades and renovations that ensure a comfortable living experience for tenants. **Key Features:** - **Prime Location:** Conveniently situated near local amenities, schools, parks, and public transportation, making it an ideal choice for renters seeking accessibility and community. - **Modern Comforts:** Each unit has been refreshed with modern touches while preserving the building's classic charm. - **New Furnace:** Enjoy peace of mind with a newly installed furnace, providing efficient heating during the colder months and ensuring a comfortable environment for all residents. - **Spacious Layouts:** Each unit offers generous living space, complete with natural light, ample storage, and functional designs that enhance everyday living. - **Strong Investment Potential:** With multiple refreshed units, this property presents an excellent opportunity for savvy investors looking to grow their portfolio in a vibrant community. - **Low Maintenance:** The building is in excellent condition, minimizing upkeep and allowing for a smooth management experience. Take advantage of this impressive opportunity to own a well-maintained multi-family property in Lewiston, Maine. Whether you're an experienced investor or looking to enter the rental market, this 4-unit building promises both charm and profitability. Schedule your showing today and discover the potential this property has to offer!

Last Agent to Sell the Property

Michael Emmert

Hearth & Key Realty Brokerage Phone: 2072036579 Listed on: 12/12/2024

Hearth & Key Realty

Co-Listed By

Jeffrey Emmert

Hearth & Key Realty Brokerage Phone: 2072036579

Last Buyer's Agent

Karen Edgcombe

Maine Real Estate Co

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,187

Year Built

  • Built in 1925

Lot Details

  • 4,792 Sq Ft Lot
  • Property fronts a freeway
  • Level Lot

Parking

  • 2 Car Detached Garage
  • Driveway
  • Off-Street Parking

Home Design

  • Flat Roof Shape
  • Wood Frame Construction
  • Vinyl Siding

Interior Spaces

  • 4 Full Bathrooms
  • 6,044 Sq Ft Home
  • 3-Story Property

Flooring

  • Wood
  • Carpet
  • Laminate

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry

Location

  • Property is near public transit
  • City Lot

Utilities

  • No Cooling
  • Heating System Uses Natural Gas
  • Baseboard Heating
  • Hot Water Heating System
  • Electric Water Heater

Additional Features

  • Doors are 32 inches wide or more
  • Porch

Listing and Financial Details

  • Tax Lot 241
  • Assessor Parcel Number LEWI-000195-000000-000241

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • Operating Expense $30,512
  • Gross Income $64,283

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,187

Year Built

Built in 1925

Lot Details

4,792 Sq Ft Lot

Parking

2

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.11
  • Road Surface Type: Paved
  • Co List Office Phone: 207-241-2327
  • MLS Status: Closed
  • Above Grade Finished Sq Ft: 6044.0
  • Architectural Style: Multi-Level
  • Garage Yn: Yes
  • Building Stories: 3
  • Year Built: 1925
  • Attribution Contact: 2072036579
  • Location Information:Leased Land: No
  • Contract Information:List PriceSqFt: 82.73
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.11
  • Property Information:Total Baths: 4.0
  • Property Information:SqFt Finished Above Grade: 6044.0
  • Property Information:Garage: Yes
  • Site:Level: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Hot Water: 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
  • Driveway:Paved2: Yes
  • Property Information:Garage Spaces: 2.0
  • Exterior:Vinyl Siding: Yes
  • Water Heater:Electric2: Yes
  • Vehicle Storage:Detached: Yes
  • Basement:Unfinished: Yes
  • Heat Fuel:Gas Natural: Yes
  • Floors:Laminate: Yes
  • Property Information:Number of Units: 4
  • Building Info:_pound_ Stories2: 3
  • Income Expenses Gross Income: 64283.0
  • Income Expenses Operating Expenses: 30512.0
  • Style:Multi-Level: Yes
  • Parking:Paved3: Yes
  • Gas:Natural - At Street: Yes
  • Property Information:Short Sale Continue to Show: No
  • Property Information:Deed Restrictions: Unknown
  • Property Information:Bank Owned REO: No
  • Basement Entry:Exterior Only: Yes
  • Transportation:Public Transport Access: Yes
  • Roof:Flat: Yes
  • Advertising Remarks:Advertising Remarks: **Charming 4-Unit Apartment Building in Lewiston, Maine** Welcome to this meticulously maintained 4-unit apartment building, nestled in the heart of Lewiston. This investment property is a rare find, boasting excellent condition throughout, with numerous recent upgrades and renovations that ensure a comfortable living experience for tenants. **Key Features:** - **Prime Location:** Conveniently situated near local amenities, schools, parks, and public transportation, making it an ideal choice for renters seeking accessibility and community. - **Modern Comforts:** Each unit has been refreshed with modern touches while preserving the building's classic charm. - **New Furnace:** Enjoy peace of mind with a newly installed furnace, providing efficient heating during the colder months and ensuring a comfortable environment for all residents. - **Spacious Layouts:** Each unit offers generous living space, complete with natural light, ample storage, and functional designs that enhance everyday living. - **Strong Investment Potential:** With multiple refreshed units, this property presents an excellent opportunity for savvy investors looking to grow their portfolio in a vibrant community. - **Low Maintenance:** The building is in excellent condition, minimizing upkeep and allowing for a smooth management experience. Take advantage of this impressive opportunity to own a well-maintained multi-family property in Lewiston, Maine. Whether you're an experienced investor or looking to enter the rental market, this 4-unit building promises both charm and profitability. Schedule your showing today and discover the potential this property has to offer!
  • Property Information 2 Detached Houses on 1 Lot: No
  • Accessibilitiy Amenities 32 - 36 Inch Doors: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Accessibility Features: 32 - 36 Inch Doors
  • Has Basement: Full, Exterior Only, Unfinished
  • Full Bathrooms: 4
  • Flooring: Wood, Laminate, Carpet
  • Full Basement: Yes

Exterior Features

  • Lot Features: Level, Sidewalks, Intown, Near Turnpike/Interstate, Near Town, Neighborhood, Near Public Transit
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Patio And Porch Features: Porch
  • Roof: Flat
  • Patio and Porch Features:Porch: Yes

Garage/Parking

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

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: 4791.6
  • Parcel #: LEWI-000195-000000-000241
  • Zoning: Res

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 64283.0
  • Annual Operating Expense: 30512.0

Tax Info

  • Tax Annual Amount: 4187.29
  • Tax Lot: 241
  • Tax Year: 2023

Ownership 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 Name Owned For Owner Type

Purchase Details

Listed on
Dec 12, 2024
Closed on
Jan 20, 2025
Sold by
Bought by
Seller's Agent
Michael Emmert
Hearth & Key Realty
Buyer's Agent
Karen Edgcombe
Maine Real Estate Co
List Price
$499,999
Sold Price
$520,000
Premium/Discount to List
$20,001
4%
Views
8

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$510,581
Interest Rate
0.0437%
Mortgage Type
FHA

Purchase Details

Listed on
Dec 24, 2020
Closed on
Feb 26, 2021
Sold by
Bought by
Seller's Agent
Steven Brackett
Realty ONE Group - Compass
Buyer's Agent
Michael Emmert
Hearth & Key Realty
List Price
$205,000
Sold Price
$205,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
27.03%
Original Mortgage
$164,000
Interest Rate
0.027%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 12, 2018
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$167,400
Interest Rate
0.045%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 14, 2017
Closed on
Jul 10, 2017
Sold by
Bought by
Seller's Agent
Stephen Morgan
Bean Group
Buyer's Agent
Alvin Lam
NextHome Experience
List Price
$140,000
Sold Price
$121,000
Premium/Discount to List
-$19,000
-13.57%
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
$520,000 None Available
-- 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 $510,581
Previous Owner $300,000
Previous Owner $164,000
Previous Owner $160,000
Previous Owner $167,400
Closed $150,000
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
01/20/2025 01/20/25 Sold $520,000 +4.0% $86 / Sq Ft
12/16/2024 12/16/24 Pending -- -- --
12/12/2024 12/12/24 For Sale $499,999 +143.9% $83 / Sq Ft
03/01/2021 03/01/21 Sold $205,000 0.0% $34 / Sq Ft View Prior Sale
12/24/2020 12/24/20 For Sale $205,000 +69.4% $34 / Sq Ft
12/23/2020 12/23/20 Pending -- -- --
07/07/2017 07/07/17 Sold $121,000 -13.6% $20 / Sq Ft View Prior Sale
04/24/2017 04/24/17 Pending -- -- --
04/14/2017 04/14/17 For Sale $140,000 -- $23 / 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 $4,320 $131,800 $17,040 $114,760
2024 $4,187 $131,800 $17,040 $114,760
2023 $3,954 $131,800 $17,040 $114,760
2022 $3,756 $131,800 $17,040 $114,760
2021 $3,725 $131,800 $17,040 $114,760
2020 $3,779 $131,800 $17,040 $114,760
2019 $3,810 $131,800 $17,040 $114,760
2018 $3,779 $131,800 $17,040 $114,760
2017 $3,184 $113,640 $17,040 $96,600
2016 $3,130 $113,640 $17,040 $96,600
2015 $3,110 $113,640 $17,040 $96,600
2014 $3,022 $113,640 $17,040 $96,600
2013 $3,005 $113,640 $17,040 $96,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1611086

Maine Listings
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