Bought with Better Homes & Gardens Real Estate/The Masiello Group
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203 Oak ST Lewiston, ME 04240
SOLD DATE : 09/11/2024Want to know what your home might be worth? Contact us for a FREE valuation!
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Key Details
Sold Price $400,000
Property Type Multi-Family
Listing Status Sold
Square Footage 2,784 sqft
MLS Listing ID 1599861
Sold Date 09/11/24
Style Multi-Level,New Englander
Full Baths 3
HOA Y/N No
Abv Grd Liv Area 2,784
Originating Board Maine Listings
Year Built 1864
Annual Tax Amount $3,561
Tax Year 2023
Lot Size 4,791 Sqft
Acres 0.11
Property Description
Three-Unit Apartment Building in the Heart of Lewiston
Prime Location: Situated directly across from Central Maine Medical Center, this versatile three-unit apartment building offers an exceptional opportunity for both investors and potential owner-occupiers. Its central location is just minutes away from shopping, dining, Bates College, and all the amenities that Lewiston has to offer.
Property Highlights:
Unit Breakdown: The building includes one spacious 2-bedroom unit and two generous 3-bedroom units, providing ample living space for tenants. The first-floor unit is currently vacant, making it an ideal choice for an owner-occupant who wants to live comfortably while earning rental income from the other two units.
Parking & Storage: The property features off-street parking for multiple vehicles, adding convenience for tenants and owners alike. Additionally, there is a detached two-car garage on-site, offering valuable storage space. While the garage does require some TLC, it presents a great opportunity for customization or expansion.
Rental History: With a strong rental history, this property is a reliable income-generator. The proximity to key local landmarks, including Bates College and Central Maine Medical Center, ensures a steady stream of potential tenants.
Investment Potential: Whether you're looking to expand your investment portfolio or find a new home with income potential, this property ticks all the boxes. Its location in a high-demand area, combined with the versatility of the units, makes it a rare find in Lewiston.
Don't miss out on this fantastic opportunity! Contact us today to schedule a showing and see all that this property has to offer.
Location
State ME
County Androscoggin
Zoning NCB
Rooms
Basement Full, Interior Entry, Unfinished
Interior
Interior Features 1st Floor Bedroom, Bathtub, Other, Shower
Heating Hot Water, Baseboard
Cooling None
Flooring Wood, Vinyl, Laminate
Fireplace No
Laundry Washer Hookup
Exterior
Garage 1 - 4 Spaces, Paved, Detached, Off Street, On Street
Garage Spaces 2.0
Waterfront No
View Y/N No
Roof Type Shingle
Porch Deck
Garage Yes
Building
Lot Description Level, Open Lot, Intown
Story 3
Foundation Stone, Other
Sewer Public Sewer
Water Public
Architectural Style Multi-Level, New Englander
Structure Type Vinyl Siding,Wood Frame
Others
Restrictions Unknown
Energy Description Gas Natural
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