Listing ID: 1558926
Sold For: $300,000
Address: 187 East Avenue
City: Lewiston
State: Maine
Postal Code: 04240
Total Baths: 2
Full Baths: 2
SqFt: 2,452
Acres: 0.340
County: Androscoggin
Lewiston
ME
04240
Introducing a remarkable investment opportunity—a well maintained two-unit building featuring three bedrooms in each unit. With a strong tenant history and desirable features, this property is sure to appeal to both astute investors and those seeking a spacious multi-family home. The generous floor plans provide ample space for comfortable living, with three bedrooms in each unit catering to the needs of residents. Efficient and cost-effective natural gas heating ensures cozy and reliable warmth throughout the building, offering an added advantage for both tenants and owners. This property presents an exceptional offer as it is being sold with an extra lot located at 40 Tampa Street. This additional parcel of land enhances the overall value of the property. With a solid tenant history, this building guarantees a steady stream of rental income, making it a wise investment choice. The reliable cash flow and proven track record ensure peace of mind for investors seeking a profitable venture. Situated in a desirable location, this property offers easy access to a range of amenities including shopping, dining, and entertainment options. Its convenient proximity to transportation hubs and major routes ensures effortless commuting and travel. Whether you're an investor seeking a lucrative income property or a homeowner looking for an opportunity to generate additional income, this two-unit building is the ideal choice. Take advantage of its strong tenant history, hardwood floors, and great condition. Come to one of the group showings and unlock the potential of this exceptional property. Please see MLS #1558927 for package listing.
Primary Features
County:
Androscoggin
Property Type:
Multi-Family
Year Built:
1927
Zoning:
NCA
Location
Association:
no
Waterfront:
no
Financial
Gross Income:
30600
Land Lease:
no
Operating Expense:
9579
Tax Annual Amount:
2481
Tax Book Number:
8365
Tax Lot:
328
Tax Map Number:
174
Tax Year:
2022
Interior
Above Grade Finished Area:
2452
Basement:
Full, Interior Entry, Unfinished
Cooling:
no
Cooling Type:
None
Flooring:
Wood, Vinyl, Carpet
Heating Type:
Multi-Zones, Baseboard
Interior Features:
Storage
External
Architectural Style:
Multi-Level, Other Style
Attached Garage:
no
Electric:
Circuit Breakers
Foundation Details:
Concrete Perimeter
Garage:
no
Lot Features:
Level, Open Lot, Intown, Near Shopping, Neighborhood, Retail Strip
Lot Size Area:
0.34
Lot Size Source:
Public Records
Lot Size Square Feet:
14810.4
Lot Size Units:
Acres
Number Of Units Total:
2
Parking Features:
5 - 10 Spaces, Gravel
Patio And Porch Features:
Deck
Road Surface Type:
Paved
Roof:
Flat
Sewer:
Public Sewer
Water Source:
Public
Additional
Mls Status:
Closed
Zoning Info
Contact - Listing ID 1558926
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