Closed

$255,000

41 Spring Street, Lewiston, ME 04240

4beds

2,310sqft

Multi Family

Built in 1871

-- sqft lot

$316,100 Zestimate^®

$110/sqft

$1,689 Estimated rent

Home value

$316,100

$291,000 - $341,000

$1,689/mo

Zestimate^® history

Owner options

List your home for rent

$1,689/mo

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$1,689/mo

Rent Zestimate^®

Refinance and save

$1,588/mo

Est. payment

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$1,588/mo

Est. payment

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What's special

Close to amenities

Discover an excellent investment opportunity with this multi-family building, ideally situated close to amenities and a hospital. This property features two distinct units. A cozy one-bedroom apartment, perfect for singles or couples. This unit is ready to move in and start generating rental income immediately. Unit 2 is a spacious three-bedroom apartment that spans two floors, providing ample space for families. This unit needs some TLC, presenting the perfect chance for customization and value addition. Don't miss out on this investment!

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 2
Full bathrooms: 2

Heating

Baseboard, Hot Water, Radiator

Cooling

None

Features

Flooring: Laminate, Wood
Basement: Exterior Entry,Interior Entry,Walk-Out Access,Full

Interior area

Total structure area: 2,310
Total interior livable area: 2,310 sqft
Finished area above ground: 2,310
Finished area below ground: 0

Property

Parking

Parking features: Paved, 5 - 10 Spaces

Features

Levels: Multi/Split
Stories: 3

Lot

Size: 4,356 Square Feet
Features: City Lot, Level

Details

Parcel number: LEWIM206L137
Zoning: UE

Construction

Type & style

Home type: MultiFamily
Architectural style: New Englander,Other
Property subtype: Multi Family

Materials

Wood Frame, Asbestos
Foundation: Brick/Mortar
Roof: Shingle

Condition

Year built: 1871

Utilities & green energy

Electric: Circuit Breakers
Sewer: Public Sewer
Water: Public
Utilities for property: Utilities On

Community & HOA

Location

Region: Lewiston

Financial & listing details

Price per square foot: $110/sqft
Tax assessed value: $66,840
Annual tax amount: $2,005
Date on market: 5/20/2024
Road surface type: Paved

Price history

Date	Event	Price
6/28/2024	Sold	$255,000+2%$110/sqft
Source: Maine Listings #1590271 Report a problem
5/31/2024	Pending sale	$250,000$108/sqft
Source: Maine Listings #1590271 Report a problem
5/20/2024	Listed for sale	$250,000$108/sqft
Source: Maine Listings #1590271 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2024	$2,124 +5.9%	$66,840
2023	$2,005 +5.2%	$66,840
2022	$1,905 +0.8%	$66,840
2021	$1,889 -1.4%	$66,840
2020	$1,916 -0.8%	$66,840
2019	$1,932 +0.8%	$66,840
2018	$1,916 -2.2%	$66,840 -4.4%
2017	$1,959 +1.8%	$69,900
2016	$1,925 +0.6%	$69,900
2015	$1,913	$69,900