41 Burbank Street

Lewiston, ME 04240

MLS ID# 1572474 Active

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$399,000

2522 sqft

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• Description
• Location Information
• Property Information
• Compensation & Misc Info
• Details

Description

Welcome to 41 Burbank St, a multiunit gem in Lewiston, boasting an impressive rental history. This well-maintained investment opportunity combines character and convenience, offering multiple units for flexible living arrangements and a steady stream of rental income. Located near Lewiston HS on a private dead end street, it enjoys close proximity to essential amenities, schools of all levels, shopping, and parks. With its enduring New England charm, 41 Burbank St is a reliable investment, making it an attractive choice for both seasoned investors and homeowners seeking income potential in a prime location. Welcome to 41 Burbank St, a multiunit gem in Lewiston, boasting an impressive rental history. This well-maintained investment opportunity combines character and convenience, offering multiple units for flexible living arrangements and a steady strea... show more

Location Information

• Street # 41
• Street Name Burbank
• Street Type Street
• County Androscoggin
• Town Lewiston
• State/Province ME
• Zip Code 04240
• Zip +4 5661
• Leased Land No
• Book 4338
• Page 201
• Map 175
• Lot 174
• Zoning NCA
• Zoning Overlay No
• Tax ID LEWI-000175-000000-000174
• Association No
• Full Tax Amount 3326
• Tax Year 2022

Property Information

• Surveyed Unknown
• Seasonal No
• Owner Occupied No
• Short Sale Continue to Show No
• Deed/Conveyance Type Offered Warranty
• Bank Owned REO No
• 2 Detached Houses on 1 Lot No
• Number of Units 3
• Total Baths 3
• Total Full Baths 3
• Total Half Baths 0
• Color WHITE
• Year Built 1924
• SqFt Finished Above Grade 2522
• SqFt Finished Below Grade 0
• SqFt Finished Total 2522
• SqFt Source Public Records
• Garage No
• Lot Size Acres +/- 0.18
• Source of Acreage Public Records
• Road Frontage Yes
• Road Frontage +/- 50
• Source of Road Frontage Public Records

Compensation & Misc Info

• Buyer Agency 2.5%

Details

• Site

  Level

• Roads

  Paved, Public

• Water Info

  No Water Frontage, No Water View

• Building Info

  # Heating Units:3, # Water Heaters:3

• Income & Expenses

  Gross Income:48600, Operating Expenses:12683

• Units

  # of 1 BD Units:2, # of 2 BD Units:0, # of 3 BD Units:1, # of 4+ BD Units:0

• Unit 1

  Lease, Level:First, Security Deposit, Monthly Rent:1600, # Full Baths:1, # of Half Baths:0, Dedicated Electric Meter, No Dedicated Gas Meter, Dedicated Water Heater, No Electric, Heat, Range, Refrigerator, Sewer, Water

• Unit 2

  Lease, Level:Second, Security Deposit, Monthly Rent:1000, # Full Baths:1, # Half Baths:0, Dedicated Electric Meter, No Dedicated Gas Meter, Dedicated Water Heater, No Electric, Heat, Range, Refrigerator, Sewer, Water

• Unit 3

  Lease, Level:Second, Security Deposit, Monthly Rent:1450, # Full Baths:1, # Half Baths:0, Dedicated Electric Meter, No Dedicated Gas Meter, Dedicated Water Heater, No Electric, Heat, Range, Refrigerator, Sewer, Water

• Style

  Multi-Level

• Construction

  Wood Frame

• Basement

  Full, Unfinished

• Basement Entry

  Interior

• Foundation Materials

  Brick/Mortar

• Exterior

  Vinyl Siding

• Roof

  Other

• Heat System

  Hot Water

• Heat Fuel

  Oil

• Water Heater

  Electric

• Cooling

  None

• Floors

  Laminate, Wood

• Patio and Porch Features

  Porch

• Driveway

  Paved

• Parking

  5 - 10 Spaces, On Site, Paved

• Vehicle Storage

  No Vehicle Storage

• Electric

  Circuit Breakers

• Utilities

  No Utilities On

• Gas

  Natural - At Street

• Sewer

  Public Sewer

• Water

  Public