Lewiston, ME 04240,187 East AVE
Lewiston, ME 04240,187 East AVE
Lewiston, ME 04240,187 East AVE
Listed by Portside Real Estate Group
Bought with Fontaine Family-The Real Estate Leader
$410,000
$399,900
2.5%
Est.Price: ?

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2 Baths
2,452 SqFt
SOLD DATE : 05/09/2025

Key Details

Sold Price $410,000

Property Type Multi-Family

Listing Status Sold

Square Footage 2,452 sqft

MLS Listing ID 1615036

Style Other,New Englander

Full Baths 2

Year Built 1927

Annual Tax Amount $2,766

Tax Year 2024

Lot Size 0.340 Acres

Property Description

Presenting an exceptional investment opportunity: a meticulously maintained two-unit building, each featuring three spacious bedrooms. This property boasts a robust tenant history and attractive amenities, making it an appealing choice for savvy investors as well as those in search of a roomy multi-family residence. The expansive floor plans offer generous living space, with each unit designed to meet the needs of its occupants. The building is equipped with efficient natural gas heating, ensuring reliable warmth and comfort for all residents, which is a significant advantage for both tenants and property owners alike. What makes this offer even more enticing is the inclusion of an additional lot located at 40 Tampa Street, which adds considerable value to the overall property. With a strong track record of reliable tenants, this building promises a consistent rental income stream, making it a smart investment option. The dependable cash flow and established history provide confidence for investors looking for a profitable opportunity. Located in a sought-after area, this property offers easy access to a variety of amenities, including shopping, dining, and entertainment options. Its convenient proximity to transportation hubs and major thoroughfares makes commuting and travel a breeze. Whether you are an investor aiming for a lucrative income-generating property or a homeowner wanting to create additional revenue, this two-unit building is the perfect fit.

Location

State ME

County Androscoggin

Zoning NCA

Interior

Heating Zoned, Baseboard

Cooling None

Flooring Wood, Vinyl, Carpet

Laundry Washer Hookup

Exterior

Parking Features 5 - 10 Spaces, Gravel

Utilities Available 1

View Y/N No

Roof Type Flat

Building

Lot Description Open, Level, Sidewalks, Intown, Near Shopping, Near Town, Neighborhood, Retail Strip, Near Public Transit

Story 2

Foundation Concrete Perimeter

Sewer Public Sewer

Water Public

Structure Type Asbestos,Wood Frame

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Maine MLS (MREIS) IDX
Monet Yarnell

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