Bought with Meservier & Associates
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Key Details
Sold Price $450,000
Property Type Multi-Family
Listing Status Sold
Square Footage 2,522 sqft
MLS Listing ID 1632491
Style Other
Full Baths 3
Year Built 1924
Annual Tax Amount $3,708
Tax Year 2024
Lot Size 7,840 Sqft
Property Description
Don't miss this tastefully updated and fully furnished three-unit property located at the end of a quiet dead-end street in a desirable residential area of Lewiston. This well-cared-for building offers strong investment potential, with recent updates including flooring, paint, cabinets, countertops, and appliances. All three units are furnished and currently rented to traveling professionals as mid-term rentals, providing consistent cash flow. Furniture is included in the sale, making for a smooth transition for the new owner.
One unit is currently vacant and move-in ready, offering an excellent opportunity for an owner-occupant. The property also features off-street parking and a spacious backyard. Its location is ideal—just a short walk to the YWCA and Lewiston High School, with access to athletic fields, tennis courts, and a track. You'll also enjoy close proximity to hospitals, schools, restaurants, shopping centers, and parks.
This is a flexible investment—continue with the mid-term rental model or transition to traditional long-term leases.
Location
State ME
County Androscoggin
Zoning NCA
Interior
Heating Radiator, Hot Water
Cooling None
Flooring Wood, Laminate
Laundry Washer Hookup
Exterior
Parking Features 5 - 10 Spaces, Paved, Common, Off Street
View Y/N Yes
View Trees/Woods
Roof Type Flat,Membrane
Building
Lot Description Level, Intown, Near Shopping, Neighborhood, Near Public Transit
Story 2
Foundation Brick/Mortar
Sewer Public Sewer
Water Public
Structure Type Vinyl Siding,Wood Frame
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