Multi-Family for Sale: 25 Newman Street, Lewiston, ME 04240 SOLD

2 full baths
$325,000
$325,000
25 Newman Street, Lewiston, ME 04240 SOLD
2 full baths
$325,000
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Selling Price: $325,000
Original List Price: $335,000
Sold at 97.0% of list price
Sold Date: 04/26/2024

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Type Multi-Family
Style Duplex
Total Baths 2 full baths
Square Feet 1,944 sqft
Lot Size 0.11 acres
Year Built 1947
Taxes Paid $2,452
City Lewiston
County Androscoggin
MLS 1583742
Status Closed
Welcome to this great investment opportunity in Lewiston! This charming 2-unit property offers the perfect blend of comfort and convenience. Each unit features 2 bedrooms and 1 bath, providing ample space for tenants to enjoy. With laundry hook-ups available in each unit, tenants will appreciate the added convenience and functionality. But that's not all—this property boasts great income potential, making it an ideal choice for investors. Both units are currently leased, ensuring immediate cash flow for the new owner. Plus, recent upgrades add even more value to this property. Two newly installed heat pumps in each unit guarantee efficient heating and cooling throughout the year, ensuring tenant comfort and lower utility costs. Unit 2 received additional upgrades, including a new fridge in 2024 and a new range in 2023, enhancing its appeal and functionality. Whether you're a seasoned investor or a first-time buyer, this property is a must-see! Don't miss out on this incredible opportunity to own a well-maintained and income-generating property in Lewiston.

Room Features

Basement Description Bulkhead, Unfinished, Sump Pump, Interior Entry, Full, Exterior Entry

Lot & Building Features

Cooling Heat Pump
Tax Year 2023
Taxes Paid $2,452

Unit Features

Unit 1 Full Baths 1
Unit 1 of Bedrooms 2
Unit 1 of Rooms 5
Unit 2 Full Baths 1
Unit 2 of Bedrooms 2
Unit 2 of Rooms 5

Price History of 25 Newman Street, Lewiston, ME

Date Name Price Difference
03/08/2024 Listing Price $325,000 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.

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Map of 25 Newman Street, Lewiston, ME

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Photo of Keating & Co Realty
Direct: 603-785-3907
Office
PO Box 101
Merrimack, NH 03054
603-787-3155
Listed by Keller Williams Realty, Laura Davis 207-879-9800
Sold by Four Points Real Estate, LLC, Garret Getch 617-306-3926
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20%
0.75461538461538%
6.75%
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Listing information courtesy of: Keller Williams Realty

Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, non-commercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. ©2024 Maine Real Estate Information System, Inc. All Rights Reserved. This web site does not display complete Maine Listings. Certain Maine Listings of other real estate brokerage firms have been excluded.