Address
246-248 250 Park Street, Lewiston, ME
Price
$ 399,999
Property Attributes
  • MLS#1558729
  • TypeMulti-Family
  • CountyANDROSCOGGIN
  • CityLewiston
  • Zip04240
  • StyleMulti-Level, Style
  • Year Built1886
  • Taxes$ 3720
  • Price$ 399,999
  • Bedrooms0
  • Full Bathrooms8
  • Half Bathrooms0
  • Sqr Footage4728
  • Lot Size9,583 SqFt
Data Source:
Maine Listings (MREIS)
Property Description

Introducing an incredible opportunity to expand your portfolio with eight value-add units! This remarkable property presents an enticing proposition, featuring four fully renovated 2-bedroom units awaiting your final touches, while the remaining four 3-bedroom units are primed for your equity-returning ideas. With the building currently vacant, the potential for both equity growth and cashflow is substantial. Adding to its allure, the property is complemented by an adjacent vacant lot, unlocking limitless possibilities. Don't let this opportunity slip away - seize it today!

General Features

Additional Parcels Y/N No
Architectural Style Multi-Level, Other Style
Association Y/N No
Attached Garage No
Carport Y/N No
City Lewiston
Construction Materials Vinyl Siding, Wood Frame
Cooling None
County Androscoggin
Electric Circuit Breakers
Garage Y/N No
Gross Income 0.0
Heating Baseboard
Home Warranty Y/N No
Land Lease Y/N No
Lease Considered Y/N No
Lease Renewal Y/N No
Lot Size Square Feet 9583.2
Mobilehomeremainsyn No
New Construction No
Operating Expense 0.0
Property Type Multi-Family
Rent Control Y/N No
Roof Flat
Senior Community Y/N No
Sewer Public Sewer
Standard Status Pending
Status Pending
Street Name 250 Park
Tax Annual Amount 3720.0
Tax Lot 299-300
Tax Year 2022
Total Units 8
View Y/N No
Waterfront Y/N No
Year Built 1886
Zoning DR

Interior Features

Above Grade Finished Area 4728.0
Air Conditioning Y/N No
Basement Full, Interior Entry, Unfinished
Below Grade Finished Area 0.0
Electric On Property Y/N No
Flooring Wood, Vinyl, Laminate
Full Baths 8
Heating Y/N Yes
Street Suffix Street
Total Baths 8

Exterior Features

Building Area Total 4728.0
Crops Included Y/N No
Horse Y/N No
Irrigation Water Rights Y/N No
Lot Features Level, Sidewalks, Intown, Near Turnpike/Interstate
Lot Size Acres 0.22
Lot Size Area 0.22
Lot Size Source Public Records
Lot Size Units Acres
Open Parking Y/N No
Parking Features 11 - 20 Spaces, Paved, Off Street
Road Surface Type Paved
Spa No
Water Source Public

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 04240

Statistics provided by Inside Real Estate

Price
AVG $340K
$400K
Taxes
AVG $3,937
$3,720
Visits
AVG 76
91
Data Provided by Inside Real Estate®
Year Built
AVG 1936
1886
Walkscore
AVG 52
81
Data Provided by Walkscore® not using MLS data