NOT LISTED FOR SALE
Studio
5 Baths
7,570 Sq Ft
8,712 Sq Ft Lot

Sale Details

Date Sold: January 21, 2022

Last sale price $380,000 $50 Per Sq Ft

68 Days on Market

Highlights

  • Wood Flooring
  • Property is near shops
  • Radiator
  • No HOA
  • Level Lot
  • 4-minute walk to Kennedy Park

About This Home

As of January 2022

Well established turnkey business with great success for 50 years known as the Cage. The Cage has been well cared for and currently hosts pool leagues along with shuffle ball leagues. This is an amazing investment opportunity with 5 additional units as well. Two of the units have renovated bathroom and the units above the Cage have a new deck and stairway. Establishment has their Class A lounge and restaurant license. Plenty of onsite parking behind the building. Keep the success going of this well known land mark!

Last Agent to Sell the Property

Cindy Morin

Fontaine Family-The Real Estate Leader Listed on: 09/17/2021

Last Buyer's Agent

Gesine Weller-Jett

Better Homes & Gardens Real Estate/The Masiello Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,847

Year Built

  • Built in 1851

Lot Details

  • 8,712 Sq Ft Lot
  • Property fronts a freeway
  • Level Lot
  • Open Lot

Home Design

  • Stone Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 5 Full Bathrooms
  • 7,570 Sq Ft Home
  • Multi-Level Property

Flooring

  • Wood
  • Carpet
  • Vinyl

Basement

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

Parking

  • Gravel Driveway
  • On-Site Parking

Location

  • Property is near shops
  • City Lot

Utilities

  • No Cooling
  • Radiator
  • Heating System Uses Natural Gas
  • Heating System Uses Oil

Listing and Financial Details

  • Tax Lot 532+533
  • Assessor Parcel Number 97&99AshStreetLewiston04240

Community Details

Overview

  • No Home Owners Association
  • 5 Units

Building Details

  • Operating Expense $15,295
  • Gross Income $46,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,847

Year Built

Built in 1851

Lot Details

8,712 Sq Ft Lot

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.2
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: From College St. turn left onto Horton St. then turn right at the first cross street onto Ash St. Buildings will be on the left; see sign.
  • Above Grade Finished Sq Ft: 7570.0
  • Architectural Style: Multi-Level
  • Garage Yn: No
  • Year Built: 1851
  • Location Information:Leased Land: No
  • Contract Information:List PriceSqFt: 51.52
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.2
  • Property Information:Total Baths: 5.0
  • Property Information:SqFt Finished Above Grade: 7570.0
  • Property Information:Garage: No
  • Site:Level: Yes
  • Site:Open: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Basement Entry:Interior: Yes
  • Exterior:Vinyl Siding: Yes
  • Gas:Natural - On Site: Yes
  • Heat Fuel:Gas Natural: Yes
  • Property Information:Number of Units: 5
  • Foundation Materials:Stone: Yes
  • Income Expenses Gross Income: 46000.0
  • Income Expenses Operating Expenses: 15294.72
  • Parking:On Site2: Yes
  • Style:Multi-Level: Yes
  • Driveway:Gravel: Yes
  • Heat System:Radiator: Yes
  • Advertising Remarks:Advertising Remarks: Well established turnkey business with great success for 50 years known as the Cage. The Cage has been well cared for and currently hosts pool leagues along with shuffle ball leagues. This is an amazing investment opportunity with 5 additional units as well. Two of the units have renovated bathroom and the units above the Cage have a new deck and stairway. Establishment has their Class A lounge and restaurant license. Plenty of onsite parking behind the building. Keep the success going of this well known land mark! Call Cindy Morin @ 207-576-7896
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Full, Interior Entry
  • Full Bathrooms: 5
  • Flooring: Wood, Vinyl, Carpet
  • Full Basement: Yes

Exterior Features

  • Lot Features: Level, Open Lot, Sidewalks, Intown, Near Shopping, Near Turnpike/Interstate, Near Town
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Stone
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Parking Features: 5 - 10 Spaces, Gravel, On Site

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Radiator
  • 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: 8712.0
  • Parcel #: 97&99AshStreetLewiston04240
  • Zoning: DR

Multi Family

  • Number Of Units Total: 5
  • Annual Gross Income: 46000.0
  • Annual Operating Expense: 15294.72

Tax Info

  • Tax Annual Amount: 4847.0
  • Tax Lot: 532+533
  • 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

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
01/21/2022 01/21/22 Sold $380,000 -5.0% $50 / Sq Ft
11/25/2021 11/25/21 Pending -- -- --
09/17/2021 09/17/21 For Sale $400,000 -- $53 / 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 $3,153 $96,200 $15,600 $80,600
2024 $3,056 $96,200 $15,600 $80,600
2023 $2,886 $96,200 $15,600 $80,600
2022 $2,742 $96,200 $15,600 $80,600
2021 $2,210 $78,200 $15,600 $62,600
2020 $2,241 $78,180 $15,600 $62,580
2019 $2,260 $78,180 $15,600 $62,580
2018 $2,241 $78,180 $15,600 $62,580
2017 $2,191 $78,180 $15,600 $62,580
2016 $2,153 $78,180 $15,600 $62,580
2015 $2,140 $78,180 $15,600 $62,580
2014 $2,079 $78,180 $15,600 $62,580
2013 $2,067 $78,180 $15,600 $62,580
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1509214

Maine Listings

APN: LEWI-000195-000000-000532

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