Lewiston, ME 04240 198 College Street
$1,100,000
78 more
Presented By: Hearth & Key Realty; 207-223-6325
Home Details
**Charming 9-Unit Multi-Family Building in the Heart of Lewiston - Recently Renovated!**
Welcome to this beautifully updated multi-family gem located in the vibrant community of Lewiston, Maine. This exceptional 9-unit building offers a versatile mix of apartments, including 3 one-bedroom, 3 two-bedroom, and 3 three-bedroom units, making it an ideal investment opportunity or a perfect addition to your real estate portfolio.
**Property Highlights:**
- **Diverse Unit Mix:** Featuring three distinct apartment types to suit various needs, this property includes:
- 3 Spacious One-Bedroom Apartments
- 3 Comfortable Two-Bedroom Apartments
- 3 Generous Three-Bedroom Apartments
- **Recent Renovations:** Many units have been thoughtfully updated with modern finishes and improvements, ensuring a fresh, contemporary living experience for tenants. Enjoy new flooring, updated kitchens with new appliances, stylish cabinetry, and refreshed bathrooms.
- **Prime Location:** Situated in the thriving city of Lewiston, this property benefits from its proximity to local amenities, schools, parks, and public transportation. Residents will appreciate the convenience of nearby shops, dining options, and recreational facilities.
- **Well-Maintained Building:** The building has been meticulously cared for, with recent exterior and interior updates enhancing its curb appeal and functionality. Fresh paint, new windows and doors and upgraded systems contribute to a move-in-ready condition.
- **Investment Potential:** With a variety of unit sizes and recent renovations, this property is poised to attract a diverse range of tenants, ensuring strong rental demand and steady income potential.
- **Community Feel:** The building offers a welcoming atmosphere, ideal for creating a sense of community among residents.
Don't miss this opportunity to own this multi-family building.
Presented By: Hearth & Key Realty; 207-223-6325
Interior Features for 198 College Street
Bathrooms
Half Baths0
Total Baths9
Other Interior Features
Above Grade Finished Area8966.0
Air Conditioning Y/NNo
BasementDirt Floor, Full, Interior Entry
Basement (Y/N)No
Below Grade Finished Area0.0
Electric On Property Y/NNo
FlooringWood, Vinyl, Laminate, Carpet
Heating Y/NYes
Laundry FeaturesLaundry - Coin
General for 198 College Street
Additional Parcels Y/NNo
Architectural StyleMulti-Level, New Englander, Other Style
Attached Garage No
Carport Y/NNo
CityLewiston
Construction MaterialsVinyl Siding, Wood Frame
CoolingNone
CountyAndroscoggin
ElectricCircuit Breakers
Full Baths9
Garage Spaces0.0
Garage Y/NNo
Gross Income136224.0
HeatingRadiator, Hot Water, Baseboard
Home Owner AssocNo
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Lot Size Square Feet5227.2
Lot Size UnitsAcres
MobileHomeRemainsYNNo
New ConstructionNo
NumberOfUnitsTotal9
Operating Expense46551.0
Patio/Porch FeaturesPorch
Pets AllowedNo Restrictions
Property TypeMulti-Family
Property_sp_Information_co_Owner_sp_OccupiedNo
Rent Control Y/NNo
RoofShingle
Senior Community Y/NNo
SewerPublic Sewer
Standard StatusActive
StatusActive
Stories3
Subdivision NameNo
Tax Annual Amount5670.0
Tax Lot384
Tax Year2023
UtilitiesUtilities On
View Y/NNo
Waterfront Y/NNo
Year Built1891
ZoningDR
Exterior for 198 College Street
Building Area Total8966.0
Crops Included Y/NNo
Foundation DetailsStone, Concrete Perimeter, Slab, Brick/Mortar
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesCorner Lot, Sidewalks, Intown
Lot Size Acres0.12
Lot Size Area0.12
Lot Size SourcePublic Records
Open Parking Y/NNo
Parking Features5 - 10 Spaces, Paved
Road Surface TypePaved
SpaNo
Water SourcePublic
Additional Details
Price History
Linda Dupuis
Broker