Lewiston, ME 04240 720 Lisbon Street

Pending
720 Lisbon Street Lewiston, ME - Image 1720 Lisbon Street Lewiston, ME - Image 2720 Lisbon Street Lewiston, ME - Image 3
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Presented By: Keller Williams Realty;
  • MLS# 1593934
  • 06/19/2024
  • Request Tour
  • Request Info
  • Baths • 3
  • SQFT • 4,458

Home Details

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!
Presented By: Keller Williams Realty;

Interior Features for 720 Lisbon Street

Bathrooms

Half Baths0
Total Baths3

Other Interior Features

Above Grade Finished Area4458.0
Air Conditioning Y/NNo
BasementInterior, Brick/Mortar, Full, Unfinished
Basement (Y/N)No
Below Grade Finished Area0.0
FlooringWood, Laminate
Heating Y/NYes
Total Stories3

General for 720 Lisbon Street

Additional Parcels Y/NNo
Architectural StyleOther
Attached Garage No
Carport Y/NNo
CityLewiston
Construction MaterialsVinyl Siding, Wood Frame
CoolingNone
CountyAndroscoggin
ElectricCircuit Breakers
Electric On Property Y/NNo
Full Baths3
Garage Spaces0.0
Garage Y/NNo
Gross Income55312.0
HOANo
HeatingHot Water, Baseboard
High School DistrictLewiston Public Schools
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Lot Size Square Feet7405.2
Lot Size UnitsAcres
MobileHomeRemainsYNNo
New ConstructionNo
Number Of Units Total3
Operating Expense19232.9
Property TypeMulti-Family
Rent Control Y/NNo
RoofFlat
Senior Community Y/NNo
SewerPublic Sewer
Standard StatusPending
StatusPending
Stories3
Tax Annual Amount4203.0
Tax Lot51
Tax Year2023
UtilitiesUtilities On
Waterfront Y/NNo
Year Built1916
ZoningNCB

Exterior for 720 Lisbon Street

Building Area Total4458.0
Crops Included Y/NNo
Foundation DetailsStone, Concrete Perimeter, Brick/Mortar
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesLevel, Sidewalks, Intown, Near Shopping, Neighborhood, Near Public Transit
Lot Size Acres0.17
Lot Size Area0.17
Lot Size SourcePublic Records
Open Parking Y/NNo
Parking FeaturesAssigned, 5 - 10 Spaces, Gravel, Paved, Off Street
Road Surface TypePaved
SpaNo
Water SourcePublic

Additional Details

Price History

Dustin Mallar

Broker
Price $332,000
MLS#1593934
List Date 06/19/2024
Property Type Pending
Phone 207.513.0373
Request Tour
Request Info
Visit My Website

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