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  • $410,000

    185 East Avenue, Lewiston, ME 04240

    5beds
    2,600sqft
    Multi Family
    Built in 1925
    -- sqft lot
    $459,800 Zestimate®
    $158/sqft
    $1,979 Estimated rent

    Home value

    $459,800

    $432,000 - $492,000

    $1,979/mo

    Zestimate® history
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    What's special

    This updated multi-unit property in Lewiston offers three well-maintained apartments with numerous recent improvements. The hallways have been refreshed with new flooring, lighting, and repaired walls, along with new fire doors and a storm door for added safety and compliance. Each unit has seen significant updates. Two apartments now feature new mini-split systems for efficient heating and cooling, with one also benefiting from a new stove. The third apartment has been fully renovated with fresh paint, new appliances, including a stove and refrigerator, and updated lighting throughout. The bathroom has been modernized with a new cabinet and bathtub, and the floors have been refinished or replaced. Additionally, the kitchen boasts a new countertop, and the deck has been reinforced for added stability. Conveniently located in a sought-after area, this building offers easy access to various amenities, including shopping, dining, and entertainment options. Its proximity to transportation hubs and major routes ensures effortless commuting and travel. This property presents a fantastic opportunity for investors or owner-occupants seeking a modern, income-generating investment in a prime location.

    Zillow last checked:

    Listing updated:

    Listed by:

    Portside Real Estate Group

    Bought with:

    Keller Williams Realty

    Source: Maine Listings,MLS#: 1604364MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 3
    • Full bathrooms: 3
    Heating
    • Heat Pump, Hot Water
    Cooling
    • Heat Pump
    Features
    • Bathtub, One-Floor Living, Shower
    • Flooring: Tile, Vinyl, Wood
    • Basement: Interior Entry,Full,Unfinished
    Interior area
    • Total structure area: 2,600
    • Total interior livable area: 2,600 sqft
    • Finished area above ground: 2,600
    • Finished area below ground: 0

    Property

    Parking
    • Parking features: Common, Gravel, 1 - 4 Spaces
    Features
    • Levels: Multi/Split
    • Stories: 2
    • Patio & porch: Porch
    Lot
    • Size: 4,791 Square Feet
    • Features: Near Shopping, Near Town, Corner Lot, Level, Open Lot
    Details
    • Parcel number: LEWIM174L329
    • Zoning: NCA

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Other
    • Property subtype: Multi Family
    Materials
    • Wood Frame, Asbestos
    • Roof: Flat
    Condition
    • Year built: 1925

    Utilities & green energy

    • Electric: Circuit Breakers
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Utilities On
    Green energy
    • Energy efficient items: Water Heater

    Community & HOA

    Location
    • Region: Lewiston

    Financial & listing details

    • Price per square foot: $158/sqft
    • Tax assessed value: $121,000
    • Annual tax amount: $3,270
    • Date on market: 9/19/2024
    • Road surface type: Paved

    Price history

    DateEventPrice
    10/25/2024Sold$410,000+2.5%$158/sqft
    Source: Maine Listings #1604364 Report a problem
    9/25/2024Pending sale$399,900$154/sqft
    Source: Maine Listings #1604364 Report a problem
    9/19/2024Listed for sale$399,900+23%$154/sqft
    Source: Maine Listings #1604364 Report a problem
    6/22/2023Sold$325,000+8.3%$125/sqft
    Source: Maine Listings #1558925 Report a problem
    5/25/2023Pending sale$300,000$115/sqft
    Source: Maine Listings #1558925 Report a problem
    5/15/2023Listed for sale$300,000$115/sqft
    Source: Maine Listings #1558925 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$3,844 +17.6%$121,000 +11%
    2023$3,270 +26.5%$109,000 +20.2%
    2022$2,584 +0.9%$90,660
    2021$2,562 -1.4%$90,660
    2020$2,599 -0.8%$90,660
    2019$2,621 +0.8%$90,660
    2018$2,599 +2.3%$90,660
    2017$2,540 +1.7%$90,660
    2016$2,497 +0.6%$90,660
    2015$2,481 $90,660
    Find assessor info on the county website

    Neighborhood: 04240

    Nearby schools

    GreatSchools rating
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    $459,800
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    With Zillow Showcase(estimated)
    $468,996