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Pending
  • $332,000

    720 Lisbon Street, Lewiston, ME 04240

    12beds
    4,458sqft
    : 
    Multi Family
    Built in 1916
    -- sqft lot
    $467,900 Zestimate®
    $74/sqft
    $-- HOA

    What's special

    Spacious apartmentsGenerous living spacesOff-street parking
    Invest in a Unique 3-Unit Apartment Building in Lewiston, Maine! Discover the charm and opportunity in this distinctive 3-unit apartment building in the heart of Lewiston, Maine. Offering substantial rental income potential, this property is a rare find with its spacious apartments and extra lot for parking. Key Features: Three Large 3-4 Bedroom Units: Each apartment boasts generous living spaces, providing comfort and room to grow for tenants. These units are perfect for families or groups seeking ample space. Prime Location: Situated in a desirable area of Lewiston, this building offers easy access to local amenities, schools, and public transportation, making it an attractive choice for renters. Extra Lot for Off-Street Parking: The additional lot behind the building provides ample off-street parking, a highly sought-after feature that enhances tenant convenience and satisfaction. Old-World Charm: While the building is older and requires some TLC, it exudes a unique charm and character that can be revitalized with the right vision and investment. High Rental Demand: The large apartments command significant rents, ensuring a steady and lucrative income stream for savvy investors. Investment Opportunity: This property is not just a home; it's a canvas waiting for your creative touch. With some renovation and modernization, you can transform this building into an even more highly desirable rental property, maximizing its potential and boosting your return on investment. Don't miss out on this incredible opportunity to own a piece of Lewiston's history and capitalize on its future. Contact me today to schedule a viewing and explore the endless possibilities this property has to offer!
    311 days
    on Zillow
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    15
    |
    0
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    Zillow last checked: 7 hours ago

    Listing updated: April 15, 2025 at 04:54am

    Listed by:

    Keller Williams Realty

    Source: Maine Listings,MLS#: 1593934MLS Logo
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    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 12
    • Bathrooms: 3
    • Full bathrooms: 3
    Heating
    • Hot Water, Baseboard
    Cooling
    • None
    Features
    • Flooring: Wood, Laminate
    • Basement: Brick/Mortar,Full,Unfinished
    Interior area
    • Total structure area: 4,458
    • Total interior livable area: 4,458 sqft
    • Finished area above ground: 4,458
    • Finished area below ground: 0

    Property

    Parking
    • Parking features: 5 - 10 Spaces, Gravel, Paved, Off Street
    Features
    • Stories: 3
    Lot
    • Size: 7,405.2 Square Feet
    • Features: Level, Sidewalks, City Lot, Near Shopping, Neighborhood, Near Public Transit
    Details
    • Parcel number: LEWIM197L051
    • Zoning: NCB

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Vinyl Siding, Wood Frame
    • Foundation: Stone, Concrete Perimeter, Brick/Mortar
    • Roof: Flat
    Condition
    • Year built: 1916

    Utilities & green energy

    • Electric: Circuit Breakers
    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Location
    • Region: Lewiston

    Financial & listing details

    • Price per square foot: $74/sqft
    • Tax assessed value: $140,100
    • Annual tax amount: $4,203
    • Date on market: 6/19/2024
    • Road surface type: Paved
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