$599,900
216 East Avenue, Lewiston, ME, 04240
4 Full / 1 Half baths
1924
High Rise
4,944 sqft
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.
Status:
Active
Type:
Multi-family
Units:
5
Zoning:
MDR
Frontage:
147
Garage:
3-car
Heating:
Radiator, Hot Water
Cooling:
None
Basement:
Brick/Mortar, Exterior Entry, Bulkhead
Levels:
3
Parking:
5 - 10 Spaces, Paved, Detached, On Street
Acreage:
0.11
Est. Taxes:
$3,861
Construction
Vinyl Siding, Wood Frame
Utilities
Utilities On
Lot Description:
Corner Lot, Intown, Near Public Transit
Pet Policy:
No Restrictions
MLS #:
1587601
Community Info
School Info
Walk Score
Mass Transit
Yelp
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Listing courtesy of Bearfoot Realty