Lewiston, ME 04240,932 & 934 Lisbon ST
Lewiston, ME 04240,932 & 934 Lisbon ST
Lewiston, ME 04240,932 & 934 Lisbon ST
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Listed by Holt Realty
$395,000
3 Baths
3,300 SqFt
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Key Details

Property Type Multi-Family

Listing Status Active

Square Footage 3,300 sqft

MLS Listing ID 1622737

Style Other

Full Baths 3

HOA Y/N No

Abv Grd Liv Area 3,300

Originating Board Maine Listings

Year Built 1900

Annual Tax Amount $4,492

Tax Year 2024

Lot Size 5,662 Sqft

Acres 0.13

Property Description

Positive cash flow and excellent cap rate with two building/two lots for the price of one. #932 is a two unit, 2 bedroom with 1 bath each, residential building with each unit leasing at $1,500/month. #934 is a mixed-use building that has additional opportunity for revenue as current tenant occupies only 1/2 of the building with a lease of $1,350/month. Tenants pay all utilities which provides an annual gross income of $52,200. Operating expenses only includes property taxes + insurance, excludes water/sewer. oil, propane and electricity as tenants currently pay. Ample parking, excellent investment opportunity.

Apartment building is 2,336 square feet, mixed use building is 1,160 square feet. For showings must have proof of cash funds or a loan pre-qualification letter, 48 hour notice required for tenants. No listing sign as a courtesy to tenants. Both buildings being sold in ''as is'' condition and may not qualify for FHA.

Location

State ME

County Androscoggin

Zoning Mixed

Rooms

Basement Brick/Mortar, Bulkhead, Exterior Only, Unfinished

Interior

Heating Direct Vent Heater, Baseboard

Cooling None

Flooring Vinyl, Laminate

Exterior

Parking Features 1 - 4 Spaces, Common, Off Street

Utilities Available 1

View Y/N No

Roof Type Metal,Pitched,Tar/Gravel

Porch Deck, Porch

Garage No

Building

Lot Description Open, Level, Sidewalks, Near Turnpike/Interstate, Near Town

Story 21

Foundation Pillar/Post/Pier, Brick/Mortar

Sewer Public Sewer

Water Public

Architectural Style Other

Structure Type Wood Siding,Vinyl Siding,Wood Frame

Others

Restrictions Unknown

Energy Description Propane, Oil


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