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Multi-FamilyMELewiston04240100 Blake Street, Lewiston, ME, 04240

100 Blake Street, Lewiston, ME, 04240

100 Blake Street, Lewiston, ME, 04240
6 baths
$575,000
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Basics

  • Date added: Added 4 months ago
  • Category:
  • Status:
  • Bathrooms: 6
  • Lot size: 0.11 sq ft
  • Year built: 1901
  • Bathrooms Full: 6
  • Lot Size Acres: 0.11 acres
  • Zoning: DR
  • County: Androscoggin
  • MLS ID: 1633697

Description

  • Description:

    Excellent investment opportunity in the heart of downtown Lewiston! This fully occupied 6-unit multifamily is located in a federally designated Opportunity Zone, which may offer significant tax advantages for long-term investors—verify with your CPA. The property features four 2-bedroom units and two 1-bedroom units, offering a solid unit mix for consistent rental income. Over the past four years, the current owners have invested more than $100,000 in updates, transforming the building from a distressed asset into a well maintained and stabilized investment. With strong professional management already in place, this is a true turnkey property, ideal for 1031 exchange buyers or those seeking to start or expand their portfolio. Lewiston's multifamily market is highly competitive, with few large multi-units properties available. Don't miss your chance to acquire a solid asset in one of Maine's fastest-moving rental markets. Schedule your private showing today. Group showing on Thursday, August 14th from 12pm to 2pm.

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Location

Building Details

  • Building Area Total: 6936 sq ft
  • Number Of Units Total: 6
  • Construction Materials: Vinyl Siding, Wood Frame
  • Architectural Style: Other
  • Sewer: Private Sewer
  • Heating: Hot Water, Baseboard
  • Roof: Flat, Membrane
  • Foundation Details: Brick/Mortar
  • Levels: Multi-Level
  • Basement: , , ,

Amenities & Features

  • Electric: Circuit Breakers
  • Flooring: Wood, Vinyl, Carpet
  • Parking Features: 1 - 4 Spaces, Paved
  • WaterSource: Public
  • Lot Features: Open, Neighborhood
  • Cooling: None

Fees & Taxes

  • Gross Income: $75,264

Miscellaneous

  • Road Surface Type: Paved

Courtesy of

  • List Office Name: EXP Realty

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