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92 Bartlett St
Lewiston, ME 04240

Residential Property For Sale · 12 Units

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Executive Summary

Twelve (12) unit rooming house in the heart of Downtown Lewiston
Meticulously managed building with excellent historical occupancy rates and very strong rental income
Throughout the years, ownership has made several capital improvements including but not limited to re-wiring, new decks, new carpeting, new fire-rated doors, new bathrooms, and updated heating systems among others
Within walking distance to several restaurants, retailers, green spaces and more - Walkability score of 84

PROPERTY FACTS

Price Per Unit	£43,564	Building Class	C
Sale Type	Investment	Lot Size	0.05 AC
Net Initial Yield	11.05%	Building Size	4,504 SF
No. Units	12	Number of Floors	3
Property Type	Residential	Year Built	1900
Property Subtype	Apartment	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Apartment Style	Low Rise

Price Per Unit	£43,564
Sale Type	Investment
Net Initial Yield	11.05%
No. Units	12
Property Type	Residential
Property Subtype	Apartment
Apartment Style	Low Rise
Building Class	C
Lot Size	0.05 AC
Building Size	4,504 SF
Number of Floors	3
Year Built	1900
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

Unit Amenities

Air Conditioning
Heating

Kitchen
Refrigerator

Oven

Tub/Shower

PROPERTY TAXES

Parcel Number	LEWI-000195-000000-000442	Improvements Assessment	£90,154
Land Assessment	£8,459	Total Assessment	£98,614

PROPERTY TAXES

Parcel Number

LEWI-000195-000000-000442

Land Assessment

£8,459

Improvements Assessment

£90,154

Total Assessment

£98,614

zoning

Zoning Code	DR (Downtown Residential)
DR (Downtown Residential)

Listing ID: 29820366
Date on Market: 18/10/2023
Last Updated:
Address: 92 Bartlett St, Lewiston, ME 04240

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