Multi-Family for Sale: 720 Lisbon Street, Lewiston, ME 04240

3 full baths
$332,000
$332,000
720 Lisbon Street, Lewiston, ME 04240
3 full baths
$332,000
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Price:
$332,000

Type Multi-Family
Style Multi-Level
Total Baths 3 full baths
Square Feet 4,458 sqft
Lot Size 0.17 acres
Year Built 1916
Taxes Paid $4,203

City Lewiston
County Androscoggin
School District Lewiston Public Schools

MLS 1593934
Status Pending
DOM 186 days
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!

Room Features

Basement Description Brick/Mortar, Unfinished, Interior Entry, Full

Lot & Building Features

Cooling None
Tax Year 2023
Taxes Paid $4,203

Unit Features

Unit 1 Full Baths 1
Unit 1 of Bedrooms 4
Unit 1 of Rooms 6
Unit 2 Full Baths 1
Unit 2 of Bedrooms 4
Unit 2 of Rooms 6
Unit 3 Full Baths 1
Unit 3 of Bedrooms 4
Unit 3 of Rooms 6

Price History of 720 Lisbon Street, Lewiston, ME

Date Name Price Difference
06/19/2024 Listing Price $332,000 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.

Comparable Properties Sold Near By

Low
$375,000
$86 / sqft
Average
$375,000
$86 / sqft
High
$375,000
$86 / sqft

Address City Zip Beds Baths Price Sq. Ft. $/SQFT Sold Date
This Listing Lewiston 04240 0 3.0 $332,000 4,458 $74 N/A
117 Goff Street Auburn 04210 0 2.0 $375,000 4,354 $86 10/27/2023

Map of 720 Lisbon Street, Lewiston, ME

Location Map Street View
Photo of Wayne Bailey
Direct: 603-765-3564
Office
200 Rockingham Road.
Londonderry, NH 03053
603-437-4447
Listed by Keller Williams Realty, Noah Farrington 207-879-9800
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1.2659638554217%
6.75%
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720 Lisbon Street (MLS #1593934) is a multi-level multi-family listing located in Lewiston, ME. This multi-family listing is 4,458 sqft and on a lot of 7,405 sqft (or 0.17 acres) and is 108 years old. This property was listed on 06/19/2024 and has been priced for sale at $332,000.

The multi-family listing at 117 Goff Street in Auburn is nearby and sold for $375,000 on 10/27/2023.

Nearby zip codes are 04210, 04236, 04250, 04258 and 04280. This property neighbors other cities such as Auburn, Greene, Lisbon, Minot and Sabattus.

MREIS

Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation.

All information provided is deemed reliable but is not guaranteed and should be independently verified.

Listing information courtesy of: Keller Williams Realty

Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, non-commercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. ©2024 Maine Real Estate Information System, Inc. All Rights Reserved. This web site does not display complete Maine Listings. Certain Maine Listings of other real estate brokerage firms have been excluded.