About this home
Welcome to 58 Central Ave, Lewiston -- a classic New England home offering exceptional rental potential just steps from Bates College. This 4-bedroom, 2-bath property offers approximately 1,571± square feet and is ideally positioned for student, faculty, or staff housing in one of Lewiston's most reliable rental corridors. Built in 1924, the home sits on a 5,662± sq ft lot and features a functional layout with multiple bedrooms, making it well-suited for shared living arrangements. The property is in need of updates and cosmetic improvements, presenting a prime value-add opportunity for investors or owner-occupants looking to renovate and capitalize on its unbeatable location. With direct proximity to campus, downtown Lewiston amenities, and St. Mary's Regional Medical Center, demand for rental housing in this area remains consistently strong. A rare opportunity to acquire a project property next to Bates with long-term upside.
Listing last checked: Listing updated:
Listed by Listing Agent · Dream Home Realty LLC · MLS #1652492
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Details at a glance
Interior5 property facts
- Rooms
- 7
- Heating
- Baseboard
- Cooling
- None
- Flooring
- Carpet, Vinyl, Wood
- Fireplaces
- 1
Building5 property facts
- Style
- Single Family Residence
- Year built
- 1924
- Garage
- 1
- Foundation
- Brick/Mortar
- Roof
- Shingle
Land & utilities4 property facts
- Lot size
- 0.13 acres
- Water
- Public
- Sewer
- Public Sewer
- Zoning
- I.O.
Financial2 property facts
- Annual taxes
- $3,349
- Assessment year
- 2025
Location
Estimated monthly cost
Explore costs at the $299,999 asking price. Adjust the assumptions to your situation.
Known monthly costs$1,796 / monthAdjust
- Principal & interest
- $1,517
- Property tax
- $279
- Insurance
- Not entered
- HOA
- Not entered
Listing annual taxes: $3,349. Initial monthly tax is one twelfth of that amount. HOA amount was not supplied.
Partial estimate: add insurance, monthly HOA to include those costs. Blank amounts are unknown.
The initial 6.5% rate is illustrative, not a current rate or lender quote. Excludes utilities, maintenance, closing costs and mortgage insurance, which may apply with a down payment below 20%. Taxes and insurance can change.
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About 58 Central Avenue
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Request a tour of 58 Central Avenue and a Bean Group agent will help coordinate an available time with the listing side.
Can you help me evaluate this property?
Yes. We can discuss condition, comparable sales, offer strategy and the questions worth asking before you decide whether to proceed.
Are property documents available?
Availability varies by property and source. Request the documents you need and we will help obtain what is available.