Closed

$365,000

176 East Avenue, Lewiston, ME 04240

3beds

1,726sqft

Multi Family

Built in 1961

-- sqft lot

$385,600 Zestimate^®

$211/sqft

$2,119 Estimated rent

Home value

$385,600

$359,000 - $413,000

$2,119/mo

Zestimate^® history

Owner options

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$2,119/mo

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$2,119/mo

Rent Zestimate^®

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$1,850/mo

Est. payment

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$1,850/mo

Est. payment

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What's special

Welcome to your next great investment opportunity! This 3-unit property is comprised of 2 Fully Furnished Apartments, and a Business office running out front. This building is turnkey and ready for any investor or would make a great Owner-Occupy. The property in the last 2 years has gotten a face lift, as well as a brand-new Boiler, new Heat Pumps, New Heat Pump Water Heaters and new Furnishings for tenants. Both apartments have their own designated washer/dryer and private spaces. The 2 apartments have been used exclusively for traveling nurses, units left vacant after last round of nurses finished up for ease of showings and transaction. Have had multiple inquiries for booking this summer and it is tenant ready. You can decide what/who you want to do for a rental, or even owner occupy! **Showings start Friday 5/31 with an offer deadline for Tuesday, June 4th @ 5 PM** **Seller reserves the right to accept an offer prior to deadline**

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 3
Full bathrooms: 2
1/2 bathrooms: 1

Heating

Baseboard, Heat Pump, Hot Water

Cooling

Heat Pump

Features

Storage
Flooring: Laminate, Vinyl
Basement: Interior Entry,Full,Unfinished
Furnished: Yes

Interior area

Total structure area: 1,726
Total interior livable area: 1,726 sqft
Finished area above ground: 1,726
Finished area below ground: 0

Property

Parking

Parking features: Paved, 1 - 4 Spaces

Features

Levels: Multi/Split

Lot

Size: 4,356 Square Feet
Features: City Lot, Near Turnpike/Interstate, Near Town, Rolling Slope

Details

Parcel number: LEWIM174L371
Zoning: R
Other equipment: Internet Access Available

Construction

Type & style

Home type: MultiFamily
Architectural style: Other
Property subtype: Multi Family

Materials

Wood Frame, Vinyl Siding
Roof: Shingle,Tar/Gravel

Condition

Year built: 1961

Utilities & green energy

Electric: Circuit Breakers
Sewer: Public Sewer
Water: Public
Utilities for property: Utilities On

Community & HOA

Location

Region: Lewiston

Financial & listing details

Price per square foot: $211/sqft
Tax assessed value: $118,400
Annual tax amount: $3,372
Date on market: 5/31/2024

Price history

Date	Event	Price
7/10/2024	Sold	$365,000$211/sqft
Source: Maine Listings #1591569 Report a problem
6/3/2024	Pending sale	$365,000$211/sqft
Source: Maine Listings #1591569 Report a problem
5/31/2024	Listed for sale	$365,000+53.4%$211/sqft
Source: Maine Listings #1591569 Report a problem
4/22/2022	Sold	$238,000+58.8%$138/sqft
Source: Public Record Report a problem
9/30/2020	Sold	$149,900$87/sqft
Source: Maine Listings #1453202 Report a problem
6/5/2020	Listed for sale	$149,900$87/sqft
Source: Century 21 Advantage #1453202 Report a problem
6/5/2020	Pending sale	$149,900$87/sqft
Source: Century 21 Advantage #1453202 Report a problem
5/22/2020	Listed for sale	$149,900+3.4%$87/sqft
Source: Century 21 Advantage #1453202 Report a problem
1/28/2020	Listing removed	$145,000$84/sqft
Source: Fontaine Family-The Real Estate Leader #1431717 Report a problem
1/27/2020	Listed for sale	$145,000$84/sqft
Source: Fontaine Family-The Real Estate Leader #1431717 Report a problem
1/27/2020	Pending sale	$145,000$84/sqft
Source: Fontaine Family-The Real Estate Leader #1431717 Report a problem
10/7/2019	Price change	$145,000-3.3%$84/sqft
Source: Fontaine Family-The Real Estate Leader #1431717 Report a problem
9/4/2019	Listed for sale	$149,900$87/sqft
Source: Fontaine Family-The Real Estate Leader #1431717 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2024	$3,762 +11.6%	$118,400 +5.3%
2023	$3,372 +5.3%	$112,400
2022	$3,203 +0.9%	$112,400
2021	$3,176 +12.5%	$112,400 +14.1%
2020	$2,824 -0.8%	$98,500
2019	$2,848 +0.8%	$98,500
2018	$2,824 +2.3%	$98,500
2017	$2,760 +1.7%	$98,500
2016	$2,713 +0.6%	$98,500
2015	$2,696	$98,500