1 Walnut ST, Lewiston, Maine 04240 - $395,000

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The beautiful and historic Kelsey Mansion, located in downtown Lewiston, was fully renovated in 2014. With 12 bedrooms, 7 bathrooms, gorgeous woodworking, 12-foot ceilings, and historic charm, this incredible property would make the ideal home. The mansion now operates as the Inn at the Agora. It is both the highest rated hotel in L/A and the closest to Bates College. With 5 guest rooms (two of which are 2-room suites) and large innkeeper living quarters, the 8500-square-foot boutique hotel is highly profitable. 2017 Capitalization rate of 13.1% based on sale price of $395K. The property can continue as an inn or be converted to office use, private residential use, multifamily use, and others.
Price: $395,000
Year Built: 1850
Square Footage: 8548
Lot Size: 0.32
MLS: 1336244
Fireplace: No
Amenities: 1st floor bedroom, Bathtub, Fire system, Furniture included, Laundry-1st floor, Master bedroom w/bath, Other amenities, Pantry, Porch, Shed, Sprinkler
Water Frontage: No
Taxes: $3,448.00
Sewer: Public
Water: Public
Agency: www.EntryOnly.com

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