Fantastic opportunity for investors on this two-unit updated building. The first floor unit has a long-term tenant with open living-kitchen area, and one large bedroom. The second floor unit has 4 bedrooms with a central kitchen/Living area, and 2 full bathrooms. Both units have huge porches that wrap around the house. Laundry is located in the basement for both units. Efficient heat with natural gas boiler. The building has Lead abatement certificate with the city from 2021. Located close to everything your tenants need. Great income with full occupancy.
Closed
$300,000
291 Bates Street, Lewiston, ME 04240
5beds
1,920sqft
Multi Family
Built in 1870
-- sqft lot
$350,600 Zestimate®
$156/sqft
$2,004 Estimated rent
Home value
$350,600
$333,000 - $368,000
$2,004/mo
Zestimate® history
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Owner options
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What's special
Zillow last checked: 8 hours ago
Listing updated: January 16, 2025 at 07:09pm
Listed by:
Dan Anderson Real Estate, Inc.
Bought with:
Cottage & Co Real Estate
Source: Maine Listings,MLS#: 1584134
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Hot Water, Radiator
Cooling
- None
Features
- Flooring: Carpet, Laminate, Vinyl, Wood
- Basement: Interior Entry,Unfinished
Interior area
- Total structure area: 1,920
- Total interior livable area: 1,920 sqft
- Finished area above ground: 1,920
- Finished area below ground: 0
Property
Parking
- Parking features: No Driveway, Off Site, On Street
- Has uncovered spaces: Yes
Features
- Patio & porch: Porch
Lot
- Size: 2,178 sqft
- Features: City Lot, Near Shopping, Neighborhood, Rolling Slope, Sidewalks, Wooded
Details
- Parcel number: LEWIM196L254
- Zoning: DR
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Saltbox
- Property subtype: Multi Family
Materials
- Wood Frame, Asbestos
- Foundation: Stone, Brick/Mortar
- Roof: Pitched,Shingle
Condition
- Year built: 1870
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Utilities On
Community & neighborhood
Location
- Region: Lewiston
Other
Other facts
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 6/15/2025 | Listing removed | $359,900$187/sqft |
Source:  Maine Listings #1612840 | ||
| 1/20/2025 | Listed for sale | $359,900+20%$187/sqft |
Source: Maine Listings #1612840 | ||
| 5/16/2024 | Sold | $300,000+0%$156/sqft |
Source: Maine Listings #1584134 | ||
| 3/28/2024 | Pending sale | $299,900$156/sqft |
Source: Maine Listings #1584134 | ||
| 3/15/2024 | Listed for sale | $299,900+87.4%$156/sqft |
Source: Maine Listings #1584134 | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $2,297 +5.9% | $72,300 |
| 2023 | $2,169 +5.2% | $72,300 |
| 2022 | $2,061 +36.9% | $72,300 +35.7% |
Find assessor info on the county website
Neighborhood: 04240
Nearby schools
GreatSchools rating
- 1/10Robert V. Connors Elementary SchoolGrades: PK-6Distance: 0.5 mi
- 1/10Lewiston Middle SchoolGrades: 7-8Distance: 0.9 mi
- 2/10Lewiston High SchoolGrades: 9-12Distance: 0.6 mi
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$350,600
2% more+ $7,012
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$357,612