159 Oak Street

159 Oak Street

Lewiston, ME 04240

$720,000
Price
15
Beds
9
Baths
6,133 Sq. Ft.
$117 / Sq. Ft.
6,133
Sq. Ft.
$117
per Sq. Ft.
103_9646
103_9648
103_9649
103_9645
103_9647

Description

Spectacular opportunity to own a fully updated/rehabbed multi-unit in the heart of Lewiston. Great rental history and only a short walk to CMMC hospital. Three of the units have rent increases in place for June of 2024....increasing the operational cash flow. An on-site coin-op laundry allows for tenant convenience while adding to the owners income. Ample off-street parking in the large lot to the rear of the building. This is a great opportunity to invest in your future!Spectacular opportunity to own a fully updated/rehabbed multi-unit in the heart of Lewiston. Great rental history and only a short walk to CMMC hospital. Three of the units have rent increases in place for June of 2024....increasing the operational cash flow. An on-site coin-op laundry allows for tenant convenience while adding to the owners income. Ample off-street parking in the large lot to the rear of the building. This is a great opportunity to invest in your future!
  1. Listed by Mark Pilot • Better Homes & Gardens Real Estate/The Masiello Group • markpilot@masiello.com

Property Details for 159 Oak Street

Waterfront
No
ArchitecturalStyle
Multi-Level
Garage Spaces
.00
Garage
No
Zoning
NCB

Location

Listing Courtesy of Better Homes & Gardens Real Estate/The Masiello Group
Add your commute
LISTING UPDATED: 05/14/2024 04:26 PM

Property Details for 159 Oak Street

StatusActive
MLS #1589221
Days on Market14
Taxes$7,110 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family
Year Built1900
Lot Size0.25 AC / 10,890 SF
CountyAndroscoggin County

Location

Listing Courtesy of Better Homes & Gardens Real Estate/The Masiello Group
Add your commute

Building Information for 159 Oak Street

Stories3Residences9Year Built1900Building Size-Lot Size0.25 AC / 10,890 SF

Payment Calculator

$4,522 per month

30 year fixed, 7.25% Interest

Principal and Interest

$3,929

Property Taxes

$593

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 159 Oak Street

Summary
Location and General Information
  • Road Surface Type: Paved
  • Zip Code: 6818
  • Directions: Corner of Oak Street and Union Street, Lewiston. Across from CMMC Hospital.
  • Town: Lewiston
  • State/Province: ME
  • Zip Code: 04240
  • County: Androscoggin
  • Geo Latitude: 44.102053
  • Geo Longitude: -70.212002
  • Tax Lot: 438
  • Site:Level: Yes
  • Site:Open: Yes
  • Site:Sidewalks: Yes
  • Location:Intown: Yes
  • Location:Near Shopping: Yes
  • Transportation:Public Transport Access: Yes
Parking
  • Parking Features: 5 - 10 Spaces, Gravel, On Site, Off Street
  • Attached Garage: No
Taxes and HOA Information
  • Tax Book Number: 9653
  • Tax Map Number: 194
  • Tax Year: 2023
  • Parcel Number: LEWI-000194-000000-000438
  • Location Information:Association Y/N: No
  • Tax Annual Amount: $7,110.00
Property
Heating and Cooling
  • Water Heater:Off Heating System: Yes
Lot Information
  • SqFt Finished Below Grade: 0.0
  • SqFt Finished Above Grade: 6133.0
  • Lot Size Acres: 0.25
  • Source of Acreage: Public Records
  • Building Area Total: 6133.0
  • Lot Size Area: 0.25
  • Lot Size Units: Acres
  • Lot Size Square Feet: 10890.0
  • Bathrooms Full: 9
  • Bathrooms Half: 0
  • Street Number: 159
  • Property Information:Surveyed: Unknown
  • Property Information:Seasonal: No
  • Property Information:Owner Occupied: No
  • Property Information:Short Sale Continue to Show: No
  • Property Information:Deed/Conveyance Type Offered: Warranty
  • Property Information:Deed: All
  • Property Information:Deed Restrictions: Unknown
  • Property Information:Bank Owned REO: No
  • Property Information:2 Detached Houses on 1 Lot: No
  • Property Information:Total Half Baths: .00
  • Property Information:Color: tan and white
Parking
  • Driveway:Gravel: Yes
Property and Assessments
  • Documents Available: Property Disclosure Public Access, Lead Paint Addendum Public Access
  • Leased Land: No
  • Property Type: Multi-Family
  • Property Type Label: Multi-Family
  • Year Built: 1900
Utilities
  • Electric: Circuit Breakers
  • Sewer: Yes
  • Water Source: Public
  • Utilities:Utilities On: Yes
  • Gas:Natural - On Site: Yes
Interior and Exterior Features
Exterior Features
  • Construction Materials: Concrete, Brick, Wood Frame
  • Vehicle Storage:No Vehicle Storage: Yes
  • Roof: Flat
  • Patio and Porch Features:Porch: Yes
Interior Features
  • Basement: Full, Interior Entry, Exterior Only, Unfinished
  • Flooring: Vinyl, Laminate, Carpet
  • Cooling: None
  • Heating: Baseboard
  • Laundry Features: Laundry - Coin
  • # Floors: 3
  • Bathrooms Total (Integer): 9
  • Bathrooms Total (Decimal): 9.00
  • Bathrooms Total (Notational): 9.00
  • Cooling YN: No
  • Heating YN: Yes
Multi Family
Income & Expenses Information
  • Gross Income: $91,592.00
  • Operating Expenses: $22,354.00
Multi-Family Information
  • Number of Units: 9
  • Building Info:# Stories: 3
Unit 1
  • Unit 1:Lease: Yes
  • Unit 1:Level: First
  • Unit 1:Security Deposit: Yes
  • Unit 1:Monthly Rent: $1,250.00
  • Unit 1:# Full Baths: 1.00
  • Unit 1:# of Half Baths: .00
  • Unit 1:# of Rooms: 4.00
  • Unit 1:# of Bedrooms: 2.00
  • Unit 1:Dedicated Electric Meter: Yes
  • Unit 1:Dedicated Gas Meter: No
  • Unit 1:Dedicated Water Heater: No
  • Unit 1:Electric: No
  • Unit 1:Heat: Yes
  • Unit 1:Range: Yes
  • Unit 1:Refrigerator: Yes
  • Unit 1:Sewer: Yes
  • Unit 1:Water: Yes
Unit 2
  • Unit 2:Lease: Yes
  • Unit 2:Level: First
  • Unit 2:Security Deposit: Yes
  • Unit 2:Monthly Rent: $1,000.00
  • Unit 2:# Full Baths: 1.00
  • Unit 2:# Half Baths: .00
  • Unit 2:# of Rooms: 3.00
  • Unit 2:# of Bedrooms: 1.00
  • Unit 2:Dedicated Electric Meter: Yes
  • Unit 2:Dedicated Gas Meter: No
  • Unit 2:Dedicated Water Heater: No
  • Unit 2:Electric: No
  • Unit 2:Heat: Yes
  • Unit 2:Range: Yes
  • Unit 2:Refrigerator: Yes
  • Unit 2:Sewer: Yes
  • Unit 2:Water: Yes
Unit 3
  • Unit 3:Lease: Yes
  • Unit 3:Level: First
  • Unit 3:Security Deposit: Yes
  • Unit 3:Monthly Rent: $1,360.00
  • Unit 3:# Full Baths: 1.00
  • Unit 3:# Half Baths: .00
  • Unit 3:# of Rooms: 4.00
  • Unit 3:# of Bedrooms: 2.00
  • Unit 3:Dedicated Electric Meter: Yes
  • Unit 3:Dedicated Gas Meter: No
  • Unit 3:Dedicated Water Heater: No
  • Unit 3:Electric: No
  • Unit 3:Heat: Yes
  • Unit 3:Range: Yes
  • Unit 3:Refrigerator: Yes
  • Unit 3:Sewer: Yes
  • Unit 3:Water: Yes
Unit 4
  • Unit 4:Lease: Yes
  • Unit 4:Level: First
  • Unit 4:Security Deposit: Yes
  • Unit 4:Monthly Rent: $925.00
  • Unit 4:# Full Baths: 1.00
  • Unit 4:# Half Baths: .00
  • Unit 4:# of Rooms: 3.00
  • Unit 4:# of Bedrooms: 1.00
  • Unit 4:Dedicated Electric Meter: Yes
  • Unit 4:Dedicated Gas Meter: No
  • Unit 4:Dedicated Water Heater: No
  • Unit 4:Electric: No
  • Unit 4:Heat: Yes
  • Unit 4:Range: Yes
  • Unit 4:Refrigerator: Yes
  • Unit 4:Water: Yes
Unit 5
  • Unit 5:Lease: Yes
  • Unit 5:Level: Second
  • Unit 5:Security Deposit: Yes
  • Unit 5:Monthly Rent: $1,025.00
  • Unit 5:# Full Baths: 1.00
  • Unit 5:# Half Baths: .00
  • Unit 5:# of Rooms: 4.00
  • Unit 5:# of Bedrooms: 2.00
  • Unit 5:Dedicated Electric Meter: Yes
  • Unit 5:Dedicated Gas Meter: No
  • Unit 5:Dedicated Water Heater: No
  • Unit 5:Electric: No
  • Unit 5:Heat: Yes
  • Unit 5:Range: Yes
  • Unit 5:Refrigerator: Yes
  • Unit 5:Sewer: Yes
  • Unit 5:Water: Yes
Unit 6
  • Unit 6:Lease: Yes
  • Unit 6:Level: Second
  • Unit 6:Security Deposit: Yes
  • Unit 6:Monthly Rent: $939.00
  • Unit 6:# Full Baths: 1.00
  • Unit 6:# Half Baths: .00
  • Unit 6:# of Rooms: 3.00
  • Unit 6:# of Bedrooms: 1.00
  • Unit 6:Dedicated Electric Meter: Yes
  • Unit 6:Dedicated Gas Meter: No
  • Unit 6:Dedicated Water Heater: No
  • Unit 6:Electric: No
  • Unit 6:Heat: Yes
  • Unit 6:Range: Yes
  • Unit 6:Refrigerator: Yes
  • Unit 6:Sewer: Yes
  • Unit 6:Water: Yes
Unit 7
  • Unit 7:Lease: Yes
  • Unit 7:Level: Third
  • Unit 7:Security Deposit: Yes
  • Unit 7:Monthly Rent: $1,206.00
  • Unit 7:# Full Baths: 1.00
  • Unit 7:# Half Baths: .00
  • Unit 7:# of Rooms: 4.00
  • Unit 7:# of Bedrooms: 2.00
  • Unit 7:Dedicated Electric Meter: Yes
  • Unit 7:Dedicated Gas Meter: No
  • Unit 7:Dedicated Water Heater: No
  • Unit 7:Electric: No
  • Unit 7:Heat: Yes
  • Unit 7:Range: Yes
  • Unit 7:Refrigerator: Yes
  • Unit 7:Sewer: Yes
  • Unit 7:Water: Yes
Unit 8
  • Unit 8:Lease: Yes
  • Unit 8:Level: Third
  • Unit 8:Security Deposit: Yes
  • Unit 8:Monthly Rent: $1,250.00
  • Unit 8:# Full Baths: 1.00
  • Unit 8:# Half Baths: .00
  • Unit 8:# of Rooms: 4.00
  • Unit 8:# of Bedrooms: 2.00
  • Unit 8:Dedicated Electric Meter: Yes
  • Unit 8:Dedicated Gas Meter: No
  • Unit 8:Dedicated Water Heater: No
  • Unit 8:Electric: No
  • Unit 8:Heat: Yes
  • Unit 8:Range: Yes
  • Unit 8:Refrigerator: Yes
  • Unit 8:Sewer: Yes
  • Unit 8:Water: Yes
Unit 9
  • Unit 9:Lease: Yes
  • Unit 9:Level: Second
  • Unit 9:Security Deposit: Yes
  • Unit 9:Monthly Rent: $1,025.00
  • Unit 9:# Full Baths: 1.00
  • Unit 9:# Half Baths: .00
  • Unit 9:# of Rooms: 4.00
  • Unit 9:# of Bedrooms: 2.00
  • Unit 9:Dedicated Electric Meter: Yes
  • Unit 9:Dedicated Gas Meter: No
  • Unit 9:Dedicated Water Heater: No
  • Unit 9:Electric: No
  • Unit 9:Heat: Yes
  • Unit 9:Range: Yes
  • Unit 9:Refrigerator: Yes
  • Unit 9:Sewer: Yes
  • Unit 9:Water: Yes
Unit Information
  • Units:# of 1 BD Units: 3
  • Units:# of 2 BD Units: 6
  • Units:# of 3 BD Units: 0
  • Units:# of 4+ BD Units: 0

Property History for 159 Oak Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 159 Oak Street

Taxable ValueLand$19,920Additions$217,080Total$237,000
Tax Record2023$7,110 ($592 / month)
Home Facts
Total Finished SqFt6,504 SqFtAbove Grade Finished SqFt6,504 SqFtLot Size5,227 SqFtStyleMulti-Family Res (5+ Units)Year Built1900CountyANDROSCOGGINAPNLEWI M:194 L:438

Schools near 159 Oak Street

This home is within Lewiston Public Schools.
Rating
School
Type
Grades
Distance
Montello School
Public - PK to 6
Lewiston Middle School
Public - 7 to 8
Lewiston High School
Public - 9 to 12
Robert V. Connors Elementary School
Public - PK to 6
Rating
School
Distance
Montello School
PublicPK to 6

Lewiston Middle School
Public7 to 8

Lewiston High School
Public9 to 12

Robert V. Connors Elementary School
PublicPK to 6

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 159 Oak Street, Lewiston, ME 04240

159 Oak Street is a multi-family home for sale in Lewiston, ME 04240. This property was listed for sale on May 7, 2024 by Better Homes & Gardens Real Estate/The Masiello Group, it's currently listed at $720,000. This listing's school district is Lewiston Public Schools. Nearby schools include Montello School, Lewiston Middle School and Lewiston High School. 159 Oak Street is a 15-bed, 9-bath, 6,133 sqft multi-family home built in 1900.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Better Homes & Gardens Real Estate/The Masiello Group

Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. © 2022 Maine Real Estate Information System, Inc. All Rights Reserved.