UPDATED:
Key Details
Property Type Multi-Family
Listing Status Pending
Square Footage 4,458 sqft
MLS Listing ID 1593934
Style Other
Full Baths 3
HOA Y/N No
Abv Grd Liv Area 4,458
Originating Board Maine Listings
Year Built 1916
Annual Tax Amount $4,203
Tax Year 2023
Lot Size 7,405 Sqft
Acres 0.17
Property Description
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
Rooms
Basement Interior, Brick/Mortar, Full, Unfinished
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
Street Surface Paved
Garage No
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
Architectural Style Other
Structure Type Vinyl Siding,Wood Frame
Schools
School District Lewiston Public Schools
Others
Energy Description Oil
