$1,650,000
PENDING

Estimated payment $9,914/month

Total Views 3,086
-- Bed
17 Baths
14,725 Sq Ft
$112 Price per Sq Ft

Highlights

  • No HOA
  • Hot Water Heating System
  • 4-minute walk to Simard-Payne Park

About This Home

Investors take notice. 16 unit located right in the heart of Lewiston. Walking distance to many local businesses such as Fish Bones, Lewiston House of Pizza and Davinici's Eatery. Weekly farmers market steps away. Prime location, flexible layout with great growth potential. This property is perfect for those seeking a solid investment. Don't miss this incredible opportunity. 48 hours notice required.

Listing Agent

Erica Lizotte

Summit Real Estate Listed on: 02/11/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,564

Year Built

  • Built in 1905

Home Design

  • Flat Roof Shape
  • Concrete Foundation
  • Wood Frame Construction
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 17 Full Bathrooms
  • 14,725 Sq Ft Home
  • Multi-Level Property

Unfinished Basement

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

Parking

  • Driveway
  • Paved Parking
  • On-Site Parking
  • Off-Street Parking

Utilities

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

Additional Features

  • 8,276 Sq Ft Lot
  • City Lot

Listing and Financial Details

  • Legal Lot and Block 52 / 208
  • Assessor Parcel Number LEWI-000208-000000-000052

Community Details

Overview

  • No Home Owners Association
  • 16 Units

Building Details

  • Operating Expense $85,253
  • Gross Income $275,712

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,564

Year Built

Built in 1905

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.19
  • MLS Status: Pending
  • Directions: Off Main Street, near Bates Mill
  • Above Grade Finished Sq Ft: 14725.0
  • Architectural Style: Other
  • Garage Yn: No
  • Unit Levels: Multi-Level
  • Year Built: 1905
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.19
  • Property Information:Total Baths: 17.0
  • Property Information:SqFt Finished Above Grade: 14725.0
  • Property Information:Garage: No
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Heat System:Hot Water: Yes
  • Cooling:None3: Yes
  • Parking:Off Street: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Water Heater:Gas: Yes
  • Exterior:Vinyl Siding: Yes
  • Basement:Unfinished: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Heat Fuel:Gas Natural: Yes
  • Property Information:Number of Units: 16
  • Income Expenses Gross Income: 275712.0
  • Income Expenses Operating Expenses: 85253.0
  • Parking:On Site2: Yes
  • Gas:Natural - At Street: Yes
  • Roof:Flat: Yes
  • Levels:Multi-Level3: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Interior, Full, Unfinished
  • Full Bathrooms: 17
  • Flooring: Other
  • Full Basement: Yes

Exterior Features

  • Lot Features: Sidewalks, Intown, Near Shopping
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Roof: Flat

Garage/Parking

  • Attached Garage: No
  • Parking Features: Paved, On Site, Off Street

Utilities

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

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Lewiston Public Schools

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 8276.4
  • Parcel #: LEWI-000208-000000-000052
  • Zoning: residential

Multi Family

  • Number Of Units Total: 16
  • Annual Gross Income: 275712.0
  • Annual Operating Expense: 85253.0

Tax Info

  • Tax Annual Amount: 10564.0
  • Tax Block: 208
  • Tax Book Number: 11105
  • Tax Lot: 52
  • Tax Map Number: 8620
  • Tax Year: 2024

Map

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
02/13/2025 02/13/25 Pending -- -- --
02/11/2025 02/11/25 For Sale $1,650,000 +247.4% $112 / Sq Ft
09/28/2018 09/28/18 Sold $475,000 -9.5% $32 / Sq Ft
07/23/2018 07/23/18 Pending -- -- --
09/30/2017 09/30/17 For Sale $525,000 -- $36 / Sq Ft
Source: Maine Listings

Source: Maine Listings

MLS Number: 1614205

Maine Listings