120 College Street

Lewiston, ME 04240
Baths
4
Square Ft.
4,758
$575,000
Beautifully-maintained 4-unit building in the heart of Lewiston, just a short walk from Bates College. Each spacious unit offers classic charm with hardwood floors, tall ceilings, and plenty of natural light. Recent updates include modern lighting, new appliances, updated bathrooms, and fresh paint throughout. Units feature keyless entry, wainscoting, and upgraded kitchens with carefully chosen fixtures and finishes. Investors and Owner Occupiers... this one is for you! One unit is currently vacant and move-in ready, offering potential for owner-occupancy or increase cash flow from continued rental. Off-street parking and separate utilities make this an easy-to-manage investment. Exterior improvements include fresh landscaping, a new flower garden, crushed stone around the foundation, and gravel added to the driveway. But here is the kicker... This property sits on a lot where a second 4-unit once stood (lost to fire) and the city has indicated it can be replaced! Totaling 8 Units. Located close to shops, dining, hospitals, and transit, this is a fantastic opportunity for investors or owner-occupants alike. Don't miss your chance to own a versatile, income-generating property in a growing area of Lewiston. Schedule a showing today! ALL FOUR UNITS will be available for viewingRead MoreRead Less
Market LogoCourtesy of The Maine Real Estate Group 207-329-4534
Listing Snapshot
Days Online
49
Last Updated
Full Baths
4
Square Ft.
4,758
Lot Size
0.28 Acres
Year Built
1901
MLS Number
1623071
Additional Details
Property Access
Road Surface Type: "Paved"
Basement
Basement: "Interior", "Brick/Mortar", "Full", "Unfinished"
Building
Architectural Style: "Other", Building Area Total: 4,758, Construction Materials: "Other Exterior", "Wood Frame", Number Of Units Total: 4, Year Built: 1901
Cooling
Cooling: "None"
Accessibility Features
Accessibility Features: "32 - 36 Inch Doors"
Expenses
Operating Expense: $25,000
Exterior Features
Other Equipment: "Internet Access Available", "Cable", Patio And Porch Features: "Deck", Patio And Porch Features: "Deck"
Floors
Flooring: "Wood", "Tile", "Laminate"
Foundation
Foundation Details: "Brick/Mortar"
Heating
Heating: "Hot Water", "Forced Air", "Baseboard", Heating Included
Income
Gross Income: $67,130
Lot
Features: "Sidewalks", "Intown", 0.28 acres, Area: 0.28, 12,197 square feet
Owner Pays
Owner Name: Leasing Lewiston LLC
Parking
Features: "5 - 10 Spaces", "Common", "Off Street"
Property
Parcel Number: LEWI-000194-000000-000330, Zoning: NCB
Roof
Roof: "Flat", "Tar/Gravel"
Sewer
Sewer: "Public Sewer"
Taxes
Annual Amount: $3,136, Tax Lot: 330
Utilities
Electric: "Circuit Breakers", Water Source: "Public"
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30 Days Snapshot Of 04240
$309k
+6%
(avg) sold price
32
+10%
homes sold
14
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Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.