Bought with Fontaine Family-The Real Estate Leader
$410,000
$399,900
2.5%For more information regarding the value of a property, please contact us for a free consultation.
187 East AVE Lewiston, ME 04240
2 Baths
2,452 SqFt
Key Details
Sold Price $410,000
Property Type Multi-Family
Listing Status Sold
Square Footage 2,452 sqft
MLS Listing ID 1615036
Sold Date 05/09/25
Style Other,New Englander
Full Baths 2
HOA Y/N No
Abv Grd Liv Area 2,452
Year Built 1927
Annual Tax Amount $2,766
Tax Year 2024
Lot Size 0.340 Acres
Acres 0.34
Source Maine Listings
Land Area 2452
Property Description
Presenting an exceptional investment opportunity: a meticulously maintained two-unit building, each featuring three spacious bedrooms. This property boasts a robust tenant history and attractive amenities, making it an appealing choice for savvy investors as well as those in search of a roomy multi-family residence. The expansive floor plans offer generous living space, with each unit designed to meet the needs of its occupants. The building is equipped with efficient natural gas heating, ensuring reliable warmth and comfort for all residents, which is a significant advantage for both tenants and property owners alike. What makes this offer even more enticing is the inclusion of an additional lot located at 40 Tampa Street, which adds considerable value to the overall property. With a strong track record of reliable tenants, this building promises a consistent rental income stream, making it a smart investment option. The dependable cash flow and established history provide confidence for investors looking for a profitable opportunity. Located in a sought-after area, this property offers easy access to a variety of amenities, including shopping, dining, and entertainment options. Its convenient proximity to transportation hubs and major thoroughfares makes commuting and travel a breeze. Whether you are an investor aiming for a lucrative income-generating property or a homeowner wanting to create additional revenue, this two-unit building is the perfect fit.
Location
State ME
County Androscoggin
Zoning NCA
Rooms
Basement Interior, Full, Unfinished
Interior
Interior Features 1st Floor Bedroom, Storage
Heating Zoned, Baseboard
Cooling None
Flooring Wood, Vinyl, Carpet
Laundry Washer Hookup
Exterior
Parking Features 5 - 10 Spaces, Gravel
Utilities Available 1
View Y/N No
Roof Type Flat
Street Surface Paved
Porch Deck
Garage No
Building
Lot Description Open, Level, Sidewalks, Intown, Near Shopping, Near Town, Neighborhood, Retail Strip, Near Public Transit
Story 2
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public
Architectural Style Other, New Englander
Structure Type Asbestos,Wood Frame
Others
Restrictions Unknown
Security Features Security System
Energy Description Gas Natural
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