156 Rideout AVE Pending

Lewiston,ME 04240

$ 479000

- Bed

4 Baths

3200 SqFt


Key Details

Property Type Multi-Family

Listing Status Pending

Square Footage 3,200 sqft

Price per Sqft $149

MLS Listing ID 1626336

Style Other

Full Baths 4

Year Built 1987

Annual Tax Amount $4,623

Tax Year 2024

Lot Size 0.310 Acres

Property Description

Excellent Opportunity:
Very Nice, well maintained 4 unit on a 3rd of an acre lot with 2 car parking for all the units. Also a nice laundry area with washer and dryer hookups for all the units and decent sized storage areas as well, plus a room for all the mechanicals including duel oil tanks and some storage/work area for the owner.
The units have a great layout, you walk into the living room, then a good size kitchen with great cabinet and counter space, nice appliances, including a microwave and dishwasher, then a short hallway with a nice full bathroom, then 2 good sized bedrooms, both with large closets and numerous outlets. Another nice plus is the large porches that provide each unit with a good space for the summer months.
Unit 1 and unit 2 both have had full cosmetic renovations including new flooring, new paint, numerous repairs/upgrades, and some new appliances within the last 8 to 13 months,. Unit 4 also went through the same process a few years ago and that unit also has some hardwood floors, Unit 2 is the only one that has not been done.
There are 4 newer water heaters, 3 of them have been replaced within the last 4 to 13 months, and the other one few years ago.
Had a fire inspection about 6 months ago by the Lewiston Fire Department the property is 100 % up to code per the department.
Lastly, there is still some upside potential with some of the units, especially with # 2, it is a turn key property/investment.

Location

State ME

County Androscoggin

Zoning NCA

Interior

Heating Hot Water,Baseboard

Cooling None

Flooring Wood,Vinyl,Laminate

Equipment Internet Access Available

Laundry Washer Hookup

Exterior

Parking Features 5 - 10 Spaces,Concrete,On Site

Utilities Available 1

View Y/N No

Roof Type Pitched,Shingle

Building

Lot Description Open,Near Turnpike/Interstate,Near Town,Neighborhood

Story 2

Foundation Concrete Perimeter

Sewer Public Sewer

Water Public

Structure Type Vinyl Siding,Wood Frame

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