Two Unit Investment Property Near Bates College

Retail-Commercial for Sale
Sale Pending
Catylist Listing ID: 30246668
Property Subtypes: Free-Standing Building, Other
Status: Pending
Building Size (RSF): 4,055 SF
Gross Land Area: 0.24 Acres
Sale Price: $255,000
Unit Price: $62.89 PSF
Property Use Type: Investment, Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 10/19/2018

Overview / Comments

We are pleased to offer for sale an outstanding two-unit investment property, currently rented to Bates College students. This well-maintained historic Victorian home features two 4-bedroom units, charming period details, a full basement and porch, plus off-street paved parking. With a solid rental history, the new owner could continue to rent both units, or this would be an excellent owner-occupy. Located near Bates College, Central Maine Medical Center and St. Mary’s Regional Medical Center. For more information on this unique investment property, please contact the Broker.

Additional Details

Nearest MSA: Lewiston-Auburn
County: Androscoggin
Taxing Authority: Lewiston
Tax ID/APN: 497999
Zoning: OR
Property Located Between: Mountain Avenue and Frye Street
Largest Nearby Street: Main Street
Feet of Frontage: 235
Highway Access: Lewiston, Maine, is accessed by I-95.
Airports: Auburn Municipal Airport
Area Description: Located near Bates College, Central Maine Medical Center, St. Mary's Hospital, and downtown Lewiston.
Total Number of Buildings: 1
Number of Stories: 3
Property Condition: Excellent
Year Built: 1882
Roof Type: Gable
Construction/Siding: Brick
Parking Type: Surface
Parking Description: Off-street paved parking
Heat Type: Oil
Zoning Description: OR
Lot Frontage: 235
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 16,174 48,051 59,530
Median Age: 32.88 36.79 38.35
Households: 6,778 20,392 25,186
The information presented herein is provided as is, without warranty of any kind. Neither New England Commercial Property Exchange nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.