198 College Street

Lewiston, ME 04240

$1,140,000
Last Sold Price
22
Beds
9
Baths
8,966 Sq. Ft.
$127 / Sq. Ft.
8,966
Sq. Ft.
$127
per Sq. Ft.

Closed 11/15/24

Closed 11/15/24

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Description

Charming 9-Unit Multi-Family Building in the Heart of Lewiston - Recently Renovated! Welcome to this beautifully updated multi-family gem located in the vibrant community of Lewiston, Maine. This exceptional 9-unit building offers a versatile mix of apartments, including 3 one-bedroom, 3 two-bedroom, and 3 three-bedroom units, making it an ideal investment opportunity or a perfect addition to your real estate portfolio. Property Highlights: This is a special delimiter sentence. This is a special...Charming 9-Unit Multi-Family Building in the Heart of Lewiston - Recently Renovated! Welcome to this beautifully updated multi-family gem located in the vibrant community of Lewiston, Maine. This exceptional 9-unit building offers a versatile mix of apartments, including 3 one-bedroom, 3 two-bedroom, and 3 three-bedroom units, making it an ideal investment opportunity or a perfect addition to your real estate portfolio. Property Highlights: This is a special delimiter sentence. This is a special delimiter sentence - Diverse Unit Mix: Featuring three distinct apartment types to suit various needs, this property includes:
- 3 Spacious One-Bedroom Apartments
- 3 Comfortable Two-Bedroom Apartments
- 3 Generous Three-Bedroom Apartments

- Recent Renovations: Many units have been thoughtfully updated with modern finishes and improvements, ensuring a fresh, contemporary living experience for tenants. Enjoy new flooring, updated kitchens with new appliances, stylish cabinetry, and refreshed bathrooms. Enjoy new flooring, updated kitchens with new appliances, stylish cabinetry, and refreshed bathrooms - Prime Location: Situated in the thriving city of Lewiston, this property benefits from its proximity to local amenities, schools, parks, and public transportation. Residents will appreciate the convenience of nearby shops, dining options, and recreational facilities. Residents will appreciate the convenience of nearby shops, dining options, and recreational facilities - Well-Maintained Building: The building has been meticulously cared for, with recent exterior and interior updates enhancing its curb appeal and functionality. Fresh paint, new windows and doors and upgraded systems contribute to a move-in-ready condition. Fresh paint, new windows and doors and upgraded systems contribute to a move-in-ready condition - Investment Potential: With a variety of unit sizes and recent renovations, this property is poised to attract a diverse range of tenants, ensuring strong rental demand and steady income potential. With a variety of unit sizes and recent renovations, this property is poised to attract a diverse range of tenants, ensuring strong rental demand and steady income potential - Community Feel: The building offers a welcoming atmosphere, ideal for creating a sense of community among residents. Don't miss this opportunity to own this multi-family building.
  1. Listed by Michael Emmert • Hearth & Key Realty • 207-223-6325
  2. Listed by Jeffrey Emmert • Hearth & Key Realty

Property Details for 198 College Street

Waterfront
No
ArchitecturalStyle
Multi-Level, New Englander, Other Style
Garage Spaces
.00
Garage
No
Zoning
DR
Subdivision Name
No
LISTING UPDATED: 11/20/2024 10:52 AM

Property Details for 198 College Street

StatusClosed
MLS #1603117
Days on Market10
Taxes$5,670 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family
Year Built1891
Lot Size0.12 AC / 5,227 SF
CountyAndroscoggin County

Building Information for 198 College Street

Stories3Residences9Year Built1891Building Size-Lot Size0.12 AC / 5,227 SF

Property Information for 198 College Street

Summary
Location and General Information
  • Road Surface Type: Paved
  • Town: Lewiston
  • State/Province: ME
  • Zip Code: 04240
  • County: Androscoggin
  • Geo Latitude: 44.10416
  • Geo Longitude: -70.208699
  • Tax Lot: 384
  • Site:Corner Lot: Yes
  • Site:Sidewalks: Yes
  • Location:Intown: Yes
Parking
  • Parking Features: 5 - 10 Spaces, Paved
  • Attached Garage: No
Taxes and HOA Information
  • Tax Book Number: 11208
  • Tax Map Number: 194
  • Tax Year: 2023
  • Parcel Number: LEWI-000194-000000-000384
  • Location Information:Association Y/N: No
  • Tax Annual Amount: $5,670.00
  • Restrictions:No Restrictions: Yes
Property
Heating and Cooling
  • Water Heater:Gas: Yes
Lot Information
  • SqFt Finished Below Grade: 0.0
  • SqFt Finished Above Grade: 8966.0
  • Lot Size Acres: 0.12
  • Source of Acreage: Public Records
  • Building Area Total: 8966.0
  • Lot Size Area: 0.12
  • Lot Size Units: Acres
  • Lot Size Square Feet: 5227.2
  • Bathrooms Full: 9
  • Bathrooms Half: 0
  • Street Number: 198
  • Property Information:Surveyed: Unknown
  • Property Information:Seasonal: No
  • Property Information:Owner Occupied: No
  • Property Information:Short Sale Continue to Show: No
  • Property Information:Deed/Conveyance Type Offered: Warranty
  • Property Information:Deed: Partial
  • Property Information:Bank Owned REO: No
  • Property Information:2 Detached Houses on 1 Lot: No
  • Property Information:Total Half Baths: .00
  • Property Information:Color: Gray
Parking
  • Driveway:Paved: Yes
Property and Assessments
  • Sign on Property: Yes
  • Leased Land: No
  • Property Type: Multi-Family
  • Property Type Label: Multi-Family
  • Year Built: 1891
Utilities
  • Electric: Circuit Breakers
  • Sewer: Yes
  • Water Source: Public
  • Utilities:Utilities On: Yes
  • Gas:Natural - At Street: Yes
Interior and Exterior Features
Exterior Features
  • Construction Materials: Vinyl Siding, Wood Frame
  • Vehicle Storage:No Vehicle Storage: Yes
  • Roof: Shingle
  • Patio and Porch Features:Porch: Yes
Interior Features
  • Basement: Dirt Floor, Full, Interior Entry
  • Flooring: Wood, Vinyl, Laminate, Carpet
  • Cooling: None
  • Heating: Radiator, Hot Water, Baseboard
  • Foundation Details: Stone, Concrete Perimeter, Slab, Brick/Mortar
  • Laundry Features: Laundry - Coin
  • # Floors: 3
  • Bathrooms Total (Integer): 9
  • Bathrooms Total (Decimal): 9.00
  • Bathrooms Total (Notational): 9.00
  • Cooling YN: No
  • Heating YN: Yes
Multi Family
Income & Expenses Information
  • Gross Income: $136,224.00
  • Operating Expenses: $46,551.00
Multi-Family Information
  • Number of Units: 9
  • Building Info:# Stories: 3
Unit 1
  • Unit 1:Lease: Yes
  • Unit 1:Level: First
  • Unit 1:Security Deposit: Yes
  • Unit 1:Monthly Rent: $1,285.00
  • Unit 1:# Full Baths: 1.00
  • Unit 1:# of Half Baths: .00
  • Unit 1:# of Rooms: 6.00
  • Unit 1:# of Bedrooms: 3.00
  • Unit 1:Dedicated Electric Meter: Yes
  • Unit 1:Dedicated Gas Meter: No
  • Unit 1:Dedicated Water Heater: No
  • Unit 1:Electric: No
  • Unit 1:Heat: Yes
  • Unit 1:Range: Yes
  • Unit 1:Refrigerator: Yes
  • Unit 1:Sewer: Yes
  • Unit 1:Water: Yes
Unit 2
  • Unit 2:Lease: Yes
  • Unit 2:Level: Second
  • Unit 2:Security Deposit: Yes
  • Unit 2:Monthly Rent: $1,700.00
  • Unit 2:# Full Baths: 1.00
  • Unit 2:# Half Baths: .00
  • Unit 2:# of Rooms: 6.00
  • Unit 2:# of Bedrooms: 3.00
  • Unit 2:Dedicated Electric Meter: Yes
  • Unit 2:Dedicated Gas Meter: No
  • Unit 2:Dedicated Water Heater: No
  • Unit 2:Electric: No
  • Unit 2:Heat: Yes
  • Unit 2:Range: Yes
  • Unit 2:Refrigerator: Yes
  • Unit 2:Sewer: No
  • Unit 2:Water: No
Unit 3
  • Unit 3:Lease: No
  • Unit 3:Level: Third
  • Unit 3:Security Deposit: No
  • Unit 3:Monthly Rent: $1,700.00
  • Unit 3:# Full Baths: 1.00
  • Unit 3:# Half Baths: .00
  • Unit 3:# of Rooms: 6.00
  • Unit 3:# of Bedrooms: 3.00
  • Unit 3:Dedicated Electric Meter: Yes
  • Unit 3:Dedicated Gas Meter: No
  • Unit 3:Dedicated Water Heater: No
  • Unit 3:Electric: No
  • Unit 3:Heat: Yes
  • Unit 3:Range: Yes
  • Unit 3:Refrigerator: Yes
  • Unit 3:Sewer: Yes
  • Unit 3:Water: Yes
Unit 4
  • Unit 4:Lease: Yes
  • Unit 4:Level: First
  • Unit 4:Security Deposit: Yes
  • Unit 4:Monthly Rent: $1,092.00
  • Unit 4:# Full Baths: 1.00
  • Unit 4:# Half Baths: .00
  • Unit 4:# of Rooms: 4.00
  • Unit 4:# of Bedrooms: 1.00
  • Unit 4:Dedicated Electric Meter: Yes
  • Unit 4:Dedicated Gas Meter: No
  • Unit 4:Dedicated Water Heater: No
  • Unit 4:Electric: No
  • Unit 4:Heat: Yes
  • Unit 4:Range: Yes
  • Unit 4:Refrigerator: Yes
  • Unit 4:Water: Yes
Unit 5
  • Unit 5:Lease: Yes
  • Unit 5:Level: Second
  • Unit 5:Security Deposit: Yes
  • Unit 5:Monthly Rent: $1,040.00
  • Unit 5:# Full Baths: 1.00
  • Unit 5:# Half Baths: .00
  • Unit 5:# of Rooms: 4.00
  • Unit 5:# of Bedrooms: 1.00
  • Unit 5:Dedicated Electric Meter: Yes
  • Unit 5:Dedicated Gas Meter: No
  • Unit 5:Dedicated Water Heater: No
  • Unit 5:Electric: No
  • Unit 5:Heat: Yes
  • Unit 5:Range: Yes
  • Unit 5:Refrigerator: Yes
  • Unit 5:Sewer: Yes
  • Unit 5:Water: Yes
Unit 6
  • Unit 6:Lease: Yes
  • Unit 6:Level: Third
  • Unit 6:Security Deposit: No
  • Unit 6:Monthly Rent: $900.00
  • Unit 6:# Full Baths: 1.00
  • Unit 6:# Half Baths: .00
  • Unit 6:# of Rooms: 4.00
  • Unit 6:# of Bedrooms: 1.00
  • Unit 6:Dedicated Electric Meter: Yes
  • Unit 6:Dedicated Gas Meter: No
  • Unit 6:Dedicated Water Heater: No
  • Unit 6:Electric: No
  • Unit 6:Heat: Yes
  • Unit 6:Range: Yes
  • Unit 6:Refrigerator: Yes
  • Unit 6:Sewer: Yes
  • Unit 6:Water: Yes
Unit 7
  • Unit 7:Lease: Yes
  • Unit 7:Level: First
  • Unit 7:Security Deposit: Yes
  • Unit 7:Monthly Rent: $1,150.00
  • Unit 7:# Full Baths: 1.00
  • Unit 7:# Half Baths: .00
  • Unit 7:# of Rooms: 5.00
  • Unit 7:# of Bedrooms: 2.00
  • Unit 7:Dedicated Electric Meter: Yes
  • Unit 7:Dedicated Gas Meter: No
  • Unit 7:Dedicated Water Heater: No
  • Unit 7:Electric: No
  • Unit 7:Heat: Yes
  • Unit 7:Range: Yes
  • Unit 7:Refrigerator: Yes
  • Unit 7:Sewer: Yes
  • Unit 7:Water: Yes
Unit 8
  • Unit 8:Lease: Yes
  • Unit 8:Level: Second
  • Unit 8:Security Deposit: Yes
  • Unit 8:Monthly Rent: $1,125.00
  • Unit 8:# Full Baths: 1.00
  • Unit 8:# Half Baths: .00
  • Unit 8:# of Rooms: 5.00
  • Unit 8:# of Bedrooms: 2.00
  • Unit 8:Dedicated Electric Meter: No
  • Unit 8:Dedicated Gas Meter: No
  • Unit 8:Dedicated Water Heater: No
  • Unit 8:Electric: No
  • Unit 8:Heat: Yes
  • Unit 8:Range: Yes
  • Unit 8:Refrigerator: Yes
  • Unit 8:Sewer: Yes
  • Unit 8:Water: Yes
Unit 9
  • Unit 9:Lease: Yes
  • Unit 9:Level: Third
  • Unit 9:Security Deposit: Yes
  • Unit 9:Monthly Rent: $1,360.00
  • Unit 9:# Full Baths: 1.00
  • Unit 9:# Half Baths: .00
  • Unit 9:# of Rooms: 5.00
  • Unit 9:# of Bedrooms: 6.00
  • Unit 9:Dedicated Electric Meter: Yes
  • Unit 9:Dedicated Gas Meter: No
  • Unit 9:Dedicated Water Heater: No
  • Unit 9:Electric: No
  • Unit 9:Heat: Yes
  • Unit 9:Range: Yes
  • Unit 9:Refrigerator: Yes
  • Unit 9:Sewer: Yes
  • Unit 9:Water: Yes
Unit Information
  • Units:# of 1 BD Units: 3
  • Units:# of 2 BD Units: 3
  • Units:# of 3 BD Units: 3
  • Units:# of 4+ BD Units: 0

Property History for 198 College Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 198 College Street

Taxable ValueLand$17,160Additions$171,840Total$189,000
Tax Record2024$6,005 ($500 / month)
Home Facts
Total Finished SqFt8,966 SqFtAbove Grade Finished SqFt8,966 SqFtLot Size5,227 SqFtStyleMulti-Family Res (5+ Units)Year Built1891CountyANDROSCOGGINAPNLEWI M:194 L:384

Schools near 198 College Street

This home is within Lewiston Public Schools.
Rating
School
Type
Grades
Distance
Montello School
Public - PK to 6
Lewiston Middle School
Public - 7 to 8
Lewiston High School
Public - 9 to 12
Robert V. Connors Elementary School
Public - PK to 6
Rating
School
Distance
Montello School
PublicPK to 6

Lewiston Middle School
Public7 to 8

Lewiston High School
Public9 to 12

Robert V. Connors Elementary School
PublicPK to 6

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Listing Courtesy of Hearth & Key Realty

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. © 2022 Maine Real Estate Information System, Inc. All Rights Reserved.