About This Home

This 0-bedroom, 8-bathroom residential multi family at 198 Park Street in Lewiston, ME is listed for $720,000 ($81 per sqft). Built in 1881, the home offers 8,900 sqft of living space on a 0.11 acres lot.

Key Features

  • Built in 1881
  • 0.11 acre lot
  • 4 stories

Property Details

4 stories
8 full
1881
Listing Description

INVESTMENT OPPORTUNITY IN THE HEART OF LEWISTON! Well-positioned 8-unit multifamily property at 198 Park Street, offering a desirable mix of four 2-bedroom units and four 1-bedroom units. The mix provides flexibility for attracting a broad range of tenants and offers an investor an opportunity to own a substantial multifamily asset in a highly convenient Lewiston location.

Situated near downtown, residents have access to restaurants, shopping, services, parks, employment and amenities without having to rely on a vehicle. The Park Street area is considered highly walkable and near public transit hubs. Building is vacant, cleaned out and ready for your finishing touches.

Has newer siding and windows and is in good condition. Matterport 3D walkthrough gives a sample of a 2 bedroom unit and a 1 bedroom unit as do photos. Also available is 201/212 Park St, 34 Shawmut, 46 Shawmut. Contact Charmaine Raby, Broker or Fontaine Family the Real Estate Leader

Monthly Cost Estimate

$3,851/mo

20% down · 6.5% · 30 years

Principal$521
Interest$3,120
Insurance$210

Estimates only. Actual payments may vary.

Location

198 Park Street

Lewiston, ME 04240

Features & Amenities

Interior Features

BathtubShowerStorage

Property Details

Flooring

LinoleumWood

Construction

Wood Frame Vinyl Siding

Outdoor Features

Deck

Parking

On Street

Heating

BaseboardNatural Gas

Questions & Answers

This 0-bedroom, 8-bathroom residential multi family at 198 Park Street is listed at $720,000 ($81/sqft). The estimated monthly payment is $3,851 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1881, 0.11 acre lot, 4 stories. Interior Features: Bathtub, Shower, Storage.

This property is listed by Charmaine Raby.

CR

Charmaine Raby

Agent at Fontaine Family - The Real Estate Leader

Listed by Fontaine Family - The Real Estate Leader · Broker phone: (207) 784-3800 · View on Broker Site · Broker website

MLS# 1683059· Source: Maine Listings· 1 day on PropertySimple

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198 Park Street, Lewiston, ME 04240

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