Lewiston, ME 04240,932 & 934 Lisbon ST
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Lewiston, ME 04240,932 & 934 Lisbon ST
Lewiston, ME 04240,932 & 934 Lisbon ST
Lewiston, ME 04240,932 & 934 Lisbon ST
Lewiston, ME 04240,932 & 934 Lisbon ST
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Listed by Holt Realty
$ 395,000
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932 & 934 Lisbon ST Lewiston, ME 04240

3 Baths

3,300 SqFt


UPDATED:

Key Details

Property Type Multi-Family

Listing Status Active

Square Footage 3,300 sqft

MLS Listing ID 1622737

Style Other

Full Baths 3

HOA Y/N No

Abv Grd Liv Area 3,300

Year Built 1900

Annual Tax Amount $4,492

Tax Year 2024

Lot Size 5,662 Sqft

Acres 0.13

Source Maine Listings

Property Description

Positive cash flow and excellent cap rate with two building/two lots for the price of one. #932 is zoned residential with two units each with 2 bedrooms, 1 bath, and washer/dryer. Current rents are $1,500/month plus utilities. #934 is Zoned Retail with a lease of $1,350/month, tenant pays all utilities. Combined buildings provide an annual gross income of $52,200.

Apartment building is 2,336 square feet, retail building is 1,160 square feet. Property taxes reflect both buildings.

Operating expenses include property taxes and insurance, excludes water/sewer. oil, propane and electricity, please see Income and Expense Sheet for more detail. Excellent investment opportunity.

For showings, must have proof of cash funds or a loan pre-qualification letter, 48 hour notice required for tenants. No listing sign as a courtesy to tenants.

Location

State ME

County Androscoggin

Zoning Mixed

Rooms

Basement Brick/Mortar, Bulkhead, Exterior Only, Unfinished

Interior

Heating Direct Vent Heater, Baseboard

Cooling None

Flooring Vinyl, Laminate

Exterior

Parking Features 1 - 4 Spaces, Common, Off Street

Utilities Available 1

View Y/N No

Roof Type Metal,Pitched,Tar/Gravel

Porch Deck, Porch

Garage No

Garage No

Building

Lot Description Open, Level, Sidewalks, Near Turnpike/Interstate, Near Town

Story 21

Foundation Pillar/Post/Pier, Brick/Mortar

Sewer Public Sewer

Water Public

Architectural Style Other

Structure Type Wood Siding,Vinyl Siding,Wood Frame

Others

Restrictions Unknown

Energy Description Propane, Oil


Maine MLS (MREIS) IDX
agent

Cassie Mason

Broker | Bean Group016220

+1(207) 418-1560

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932 & 934 Lisbon ST