720 Lisbon ST Pending

Lewiston,ME 04240

$ 332000

- Bed

3 Baths

4458 SqFt


Key Details

Property Type Multi-Family

Listing Status Pending

Square Footage 4,458 sqft

Price per Sqft $74

MLS Listing ID 1593934

Style Other

Full Baths 3

Year Built 1916

Annual Tax Amount $4,203

Tax Year 2023

Lot Size 7,405 Sqft

Property Description

Invest in a Unique 3-Unit Apartment Building in Lewiston, Maine!

Discover the charm and opportunity in this distinctive 3-unit apartment building in the heart of Lewiston, Maine. Offering substantial rental income potential, this property is a rare find with its spacious apartments and extra lot for parking.

Key Features:

Three Large 3-4 Bedroom Units: Each apartment boasts generous living spaces, providing comfort and room to grow for tenants. These units are perfect for families or groups seeking ample space.

Prime Location: Situated in a desirable area of Lewiston, this building offers easy access to local amenities, schools, and public transportation, making it an attractive choice for renters.

Extra Lot for Off-Street Parking: The additional lot behind the building provides ample off-street parking, a highly sought-after feature that enhances tenant convenience and satisfaction.

Old-World Charm: While the building is older and requires some TLC, it exudes a unique charm and character that can be revitalized with the right vision and investment.

High Rental Demand: The large apartments command significant rents, ensuring a steady and lucrative income stream for savvy investors.

Investment Opportunity:

This property is not just a home; it's a canvas waiting for your creative touch. With some renovation and modernization, you can transform this building into an even more highly desirable rental property, maximizing its potential and boosting your return on investment.

Don't miss out on this incredible opportunity to own a piece of Lewiston's history and capitalize on its future. Contact me today to schedule a viewing and explore the endless possibilities this property has to offer!

Location

State ME

County Androscoggin

Zoning NCB

Interior

Heating Hot Water,Baseboard

Cooling None

Flooring Wood,Laminate

Exterior

Parking Features Assigned,5 - 10 Spaces,Gravel,Paved,Off Street

Utilities Available 1

View Y/N No

Roof Type Flat

Building

Lot Description Level,Sidewalks,Intown,Near Shopping,Neighborhood,Near Public Transit

Story 3

Foundation Stone,Concrete Perimeter,Brick/Mortar

Sewer Public Sewer

Water Public

Structure Type Vinyl Siding,Wood Frame

Schools

School District Lewiston Public Schools

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