216 East Avenue
216 East Avenue
Lewiston, ME 04240
$599,900
Price
5
Beds
4
Baths
1
1/2 Bath
4,944 Sq. Ft.
$121 / Sq. Ft.
4,944
Sq. Ft.
$121
per Sq. Ft.
Description
Investment opportunity with period woodwork throughout! 5-Unit 4,944 sq/ft-maintained building with long term tenants to include a business tenant. Building features One business tenant, Two 1-bedroom units, One 2-3-bedroom unit, and one efficiency unit. 1st floor rear, 2nd floor, and 3rd floor rear all have enclosed storage and porches attached to the units. The building was professionally lead abated in 2019, windows are vinyl and installed prior to current owner. Due to a power surge on East Ave...Investment opportunity with period woodwork throughout! 5-Unit 4,944 sq/ft-maintained building with long term tenants to include a business tenant. Building features One business tenant, Two 1-bedroom units, One 2-3-bedroom unit, and one efficiency unit. 1st floor rear, 2nd floor, and 3rd floor rear all have enclosed storage and porches attached to the units. The building was professionally lead abated in 2019, windows are vinyl and installed prior to current owner. Due to a power surge on East Ave caused by an accident, the boiler was damaged, and Powell's heating rebuilt. All 3 units have new electric hot water heaters. There is a 3-car garage, the landlord uses one space, and the second-floor tenants occupies the other 2 spaces. Building is located in the heart of Lewiston nearby to shopping & entertainment. Rents are below market rate. All units are rented and require 24-36 hours' notice for showings.
- Listed by Pamela Sessions • Bearfoot Realty
Property Details for 216 East Avenue
Waterfront
No
ArchitecturalStyleHigh Rise
Garage Spaces3.00
GarageYes
ZoningMDR
Location
Listing Courtesy of Bearfoot Realty
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LISTING UPDATED: 04/27/2024 09:09 AM
Property Details for 216 East Avenue
| Status | Active |
|---|---|
| MLS # | 1587601 |
| Days on Market | 15 |
| Taxes | $3,861 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Multi-Family |
| Year Built | 1924 |
| Lot Size | 0.11 AC / 4,791 SF |
| County | Androscoggin County |
Location
Listing Courtesy of Bearfoot Realty
Add your commute
Building Information for 216 East Avenue
Stories3Residences5Year Built1924Building Size-Lot Size0.11 AC / 4,791 SF
Payment Calculator
$3,596 per month
30 year fixed, 7.25% Interest
Principal and Interest
$3,274
Property Taxes
$322
HOA Dues
$0
The Payment Calculator is for illustrative purposes only.
Property Information for 216 East Avenue
Summary
Location and General Information
- Zip Code: 5517
- Directions: Sabattus St to right on East Ave, property on the corner of East Ave & Green St.
- Town: Lewiston
- State/Province: ME
- Zip Code: 04240
- County: Androscoggin
- Geo Latitude: 44.098612
- Geo Longitude: -70.196554
- Tax Lot: 382
- Site:Corner Lot: Yes
- Location:Intown: Yes
- Transportation:Public Transport Access: Yes
Parking
- Parking Features: 5 - 10 Spaces, Paved, Detached, On Street
- Attached Garage: No
Taxes and HOA Information
- Tax Book Number: 9434
- Tax Map Number: 174
- Tax Year: 2023
- Parcel Number: LEWI-000174-000000-000382
- Location Information:Association Y/N: No
- Tax Annual Amount: $3,861.00
- Restrictions:No Restrictions: Yes
School Information
- School District: Lewiston Public Schools
Property
Heating and Cooling
- Water Heater:Electric: Yes
- Water Heater:Off Heating System: Yes
Lot Information
- SqFt Finished Below Grade: 0.0
- SqFt Finished Above Grade: 4944.0
- Lot Size Acres: 0.11
- Source of Acreage: Public Records
- Building Area Total: 4944.0
- Lot Size Area: 0.11
- Lot Size Units: Acres
- Lot Size Square Feet: 4791.6
- Bathrooms Full: 4
- Bathrooms Half: 1
- Street Number: 216
- 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: 1.00
- Property Information:Color: Blue
- Property Information:Source of Road Frontage: Public Records
Parking
- Driveway:Paved: Yes
Property and Assessments
- Sign on Property: Yes
- Leased Land: No
- Property Type: Multi-Family
- Property Type Label: Multi-Family
- Year Built: 1924
Utilities
- Electric: Circuit Breakers
- Sewer: Yes
- Water Source: Public
- Utilities:Utilities On: Yes
- Gas:Natural - At Street: Yes
Interior and Exterior Features
Exterior Features
- Construction Materials: Vinyl Siding, Wood Frame
- # Fireplaces: 0
- Fireplace: No
- Vehicle Storage:3 Car: Yes
- Vehicle Storage:Detached: Yes
- Roof: Tar/Gravel
Interior Features
- Basement: Brick/Mortar, Exterior Entry, Bulkhead
- Flooring: Wood, Vinyl
- Cooling: None
- Heating: Radiator, Hot Water
- Foundation Details: Brick/Mortar
- # Stories: 3
- # Floors: 3
- Bathrooms Total (Integer): 5
- Bathrooms Total (Decimal): 4.50
- Bathrooms Total (Notational): 4.10
- Cooling YN: No
- Heating YN: Yes
Multi Family
Income & Expenses Information
- Gross Income: $45,900.00
- Operating Expenses: $10,746.00
Multi-Family Information
- Number of Units: 5
- Building Info:# Fireplaces: 0
- Building Info:# Stories: 3
- Building Info:# Floors: 3
- Building Info:# Heating Units: 1
- Building Info:# Water Heaters: 5
Unit 1
- Unit 1:Lease: No
- Unit 1:Level: First
- Unit 1:Security Deposit: No
- Unit 1:Monthly Rent: $750.00
- Unit 1:# Full Baths: .00
- Unit 1:# of Half Baths: 1.00
- Unit 1:# of Rooms: 2.00
- Unit 1:# of Bedrooms: 1.00
- Unit 1:Dedicated Electric Meter: Yes
- Unit 1:Dedicated Gas Meter: No
- Unit 1:Dedicated Water Heater: Yes
- 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: No
- Unit 2:Level: First
- Unit 2:Security Deposit: No
- Unit 2:Monthly Rent: $725.00
- 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: Yes
- 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: No
- Unit 3:Level: Second
- Unit 3:Security Deposit: Yes
- Unit 3:Monthly Rent: $900.00
- 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: No
- Unit 4:Level: Third
- Unit 4:Security Deposit: Yes
- Unit 4:Monthly Rent: $775.00
- 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: Yes
- 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: No
- Unit 5:Level: Third
- Unit 5:Security Deposit: Yes
- Unit 5:Monthly Rent: $675.00
- Unit 5:# Full Baths: 1.00
- Unit 5:# Half Baths: .00
- Unit 5:# of Rooms: 2.00
- Unit 5:# of Bedrooms: .00
- Unit 5:Dedicated Electric Meter: No
- Unit 5:Dedicated Gas Meter: No
- Unit 5:Dedicated Water Heater: No
- Unit 5:Electric: Yes
- Unit 5:Heat: Yes
- Unit 5:Range: Yes
- Unit 5:Refrigerator: Yes
- Unit 5:Sewer: Yes
- Unit 5:Water: Yes
Unit Information
- Units:# of 1 BD Units: 4
- Units:# of 2 BD Units: 1
- Units:# of 3 BD Units: 0
- Units:# of 4+ BD Units: 0
Property History for 216 East Avenue
| Date | Event & Source | Price | Appreciation |
|---|
| Date | Event & Source | Price |
|---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 216 East Avenue
Taxable ValueLand$15,240Additions$113,460Total$128,700
Tax Record2023$3,861 ($322 / month)
Home Facts
Total Finished SqFt4,944 SqFtAbove Grade Finished SqFt4,944 SqFtLot Size4,792 SqFtStyleMulti-Family Res (5+ Units)Year Built1924CountyANDROSCOGGINAPNLEWI M:174 L:382
Schools near 216 East Avenue
This home is within Lewiston Public Schools.
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | PK to 6 | |||
| Public - | 7 to 8 | |||
| Public - | 9 to 12 | |||
| Public - | PK to 6 |
Rating | School | Distance |
|---|---|---|
Farwell Elementary 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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Listing Courtesy of Bearfoot Realty
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.
