8 Arch Avenue

Lewiston, ME 04240

$479,000
Price
10
Beds
4,948 Sq. Ft.
$97 / Sq. Ft.
4,948
Sq. Ft.
$97
per Sq. Ft.

Description

This 4-unit offers the opportunity for huge cash flow potential from two 3 bed units, a 1 bed unit, and a 3 bed townhouse. With one of the 3 bedroom units vacant, the next owner can move in or make a value-add play for increased income. Located on a quiet street, close proximity to Bates College, walking distance to Central Maine Medical Center and other convenient locations.This 4-unit offers the opportunity for huge cash flow potential from two 3 bed units, a 1 bed unit, and a 3 bed townhouse. With one of the 3 bedroom units vacant, the next owner can move in or make a value-add play for increased income. Located on a quiet street, close proximity to Bates College, walking distance to Central Maine Medical Center and other convenient locations.
  1. Listed by Briton Vitalius • Vitalius Real Estate Group, LLC
  2. Listed by Christopher Sullivan • Vitalius Real Estate Group, LLC

Property Details for 8 Arch Avenue

Waterfront
No
ArchitecturalStyle
Multi-Level
Garage
No
Zoning
NCB
Subdivision Name
Growth Area Overlay District
LISTING UPDATED: 02/18/2025 11:12 AM

Property Details for 8 Arch Avenue

StatusPending
MLS #1612987
Days on Market12
Taxes$3,822 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family
Year Built1890
Lot Size0.14 AC / 6,098 SF
CountyAndroscoggin County

Building Information for 8 Arch Avenue

Stories-Residences4Year Built1890Building Size-Lot Size0.14 AC / 6,098 SF

Property Information for 8 Arch Avenue

Summary
Location and General Information
  • Road Surface Type: Paved
  • Zip Code: 6218
  • Town: Lewiston
  • State/Province: ME
  • Zip Code: 04240
  • County: Androscoggin
  • Geo Latitude: 44.106451
  • Geo Longitude: -70.21163
  • Tax Lot: 214
  • Site:Level: Yes
  • Site:Open: Yes
  • Site:Sidewalks: Yes
  • Location:Intown: Yes
  • Location:Near Town: Yes
Parking
  • Parking Features: Paved, On Site
  • Attached Garage: No
Taxes and HOA Information
  • Tax Book Number: 6568
  • Tax Block: 000
  • Tax Map Number: 193
  • Tax Year: 2025
  • Parcel Number: LEWI-000193-000000-000214
  • Location Information:Association Y/N: No
  • Tax Annual Amount: $3,822.00
Property
Heating and Cooling
  • Water Heater:Off Heating System: Yes
Lot Information
  • SqFt Finished Below Grade: 0.0
  • SqFt Finished Above Grade: 4948.0
  • Lot Size Acres: 0.14
  • Source of Acreage: Public Records
  • Building Area Total: 4948.0
  • Lot Size Area: 0.14
  • Lot Size Units: Acres
  • Lot Size Square Feet: 6098.4
  • Bathrooms Full: 4
  • Bathrooms Half: 0
  • Street Number: 8
  • Property Information:Surveyed: No
  • Property Information:Seasonal: No
  • Property Information:Total Half Baths: .00
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: 1890
Utilities
  • Electric: Circuit Breakers
  • Sewer: Yes
  • Water Source: Public
  • Utilities:Utilities On: Yes
  • Gas:No Gas: Yes
Interior and Exterior Features
Exterior Features
  • Construction Materials: Vinyl Siding, Wood Frame
  • Vehicle Storage:No Vehicle Storage: Yes
  • Roof: Shingle
Interior Features
  • Basement: Walk-Out Access, Interior Entry, Unfinished
  • Flooring: Wood
  • Cooling: None
  • Heating: Hot Water, Baseboard
  • Bathrooms Total (Integer): 4
  • Bathrooms Total (Decimal): 4.00
  • Bathrooms Total (Notational): 4.00
  • Cooling YN: No
  • Heating YN: Yes
Multi Family
Income & Expenses Information
  • Gross Income: $60,000.00
  • Operating Expenses: $20,513.00
Multi-Family Information
  • Number of Units: 4
Unit 1
  • Unit 1:Lease: Yes
  • Unit 1:Level: First
  • Unit 1:Security Deposit: Yes
  • Unit 1:Monthly Rent: $1,800.00
  • 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: No
  • Unit 2:Level: First
  • Unit 2:Security Deposit: No
  • Unit 2:Monthly Rent: $1,100.00
  • Unit 2:# Full Baths: 1.00
  • Unit 2:# Half Baths: .00
  • Unit 2:# of Rooms: 5.00
  • 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: Yes
  • Unit 2:Water: Yes
Unit 3
  • Unit 3:Lease: Yes
  • Unit 3:Level: Second
  • Unit 3:Security Deposit: Yes
  • Unit 3:Monthly Rent: $1,200.00
  • Unit 3:# Full Baths: 1.00
  • Unit 3:# Half Baths: .00
  • Unit 3:# of Rooms: 5.00
  • 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: Third
  • Unit 4:Security Deposit: Yes
  • Unit 4:Monthly Rent: $900.00
  • Unit 4:# Full Baths: 1.00
  • Unit 4:# Half Baths: .00
  • Unit 4:# of Rooms: 3.00
  • 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 Information
  • Units:# of 1 BD Units: 1
  • Units:# of 2 BD Units: 0
  • Units:# of 3 BD Units: 3
  • Units:# of 4+ BD Units: 0

Property History for 8 Arch Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 8 Arch Avenue

Taxable ValueLand$17,400Additions$102,900Total$120,300
Tax Record2024$3,822 ($318 / month)
Home Facts
Total Finished SqFt4,630 SqFtAbove Grade Finished SqFt4,630 SqFtLot Size6,098 SqFtStyleMulti-Family Dwelling (2-4)Year Built1890CountyANDROSCOGGINAPNLEWI M:193 L:214

Schools near 8 Arch Avenue

This home is within Lewiston Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 6
Public - 7 to 8
Public - 9 to 12
Public - PK to 6
Rating
School
Distance
Raymond A. Geiger Elementary 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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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Vitalius Real Estate Group, LLC

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.