$599,900
Active
12 Days Online
0 Beds5 Baths4,944 SQFT
Active

216 East Avenue Lewiston, ME 04240

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Investment opportunity with period woodwork throughout!!! 5-Unit 4, 944 sq/ft-maintained building with long term tenants to include a business tenant. Building features One business tenant, Two 1-bedroom units, One 2-3-bedroom unit, and one efficiency unit. 1st floor rear, 2nd floor, and 3rd floor rear all have enclosed storage and porches attached to the units. The building was professionally lead abated in 2019, windows are vinyl and installed prior to current owner. Due to a power surge on East Ave caused by an accident, the boiler was damaged, and Powell's heating rebuilt. All 3 units have new electric hot water heaters. There is a 3-car garage, the landlord uses one space, and the second-floor tenants occupies the other 2 spaces. Building is located in the heart of Lewiston nearby to shopping & entertainment. Rents are below market rate. All units are rented and require 24-36 hours' notice for showings.

  • Property TypeMulti-Family
  • NeighborhoodN/A
  • CountyAndroscoggin
  • Taxes$3,861
  • HOA/Condo/Coop Fees$0
  • Days on Site11 Days
  • MLS StatusActive
  • MLS ID Number1587601
  • Home Size Source N/A
  • Year Built1924
  • Lot Size0.11 Acres
  • Full Baths4
  • Partial Baths1

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General Features

  • Style High Rise
  • Construction Vinyl Siding
  • Parking 5 - 10 SpacesPavedDetachedOn Street
  • Sewer Public Sewer
  • Electric Circuit Breakers
  • Basement Brick/ MortarExterior EntryBulkhead
  • Number of Stories 33
  • Acreage 0.11
  • Water Public
  • Garage Spaces 3
  • Foundation Brick/ Mortar
  • Zoning MDR

Interior Features

  • Cooling None
  • Heating RadiatorHot Water
  • Flooring WoodVinyl
  • Fireplaces 0
  • Fireplace No

Exterior Features

  • Roof Tar/ Gravel
  • Waterfront Property No
  • Lot Corner LotIntownNear Public Transit

Schools

School District
Lewiston Public Schools
Elementary School
Unknown
Middle School
Unknown
High School
Unknown

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Monthly Payment (Est.)

$3,264
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