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Multi-FamilyMELewiston04240128 Pine Street, Lewiston, ME, 04240

128 Pine Street, Lewiston, ME, 04240

128 Pine Street, Lewiston, ME, 04240
6 baths
$610,000
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Basics

  • Date added: Added 6 months ago
  • Category:
  • Status:
  • Bathrooms: 6
  • Lot size: 0.08 sq ft
  • Year built: 1900
  • Bathrooms Full: 5
  • Lot Size Acres: 0.08 acres
  • Zoning: DR
  • County: Androscoggin
  • MLS ID: 1631622

Description

  • Description:

    Versatile investment opportunity in Lewiston! This well-maintained property offers five residential units and one commercial unit, providing a stable revenue stream with additional potential. Significant improvements were made in 2022, including exterior painting, new porches, fire escapes, windows, and a variety of targeted upgrades throughout the residential units. Updates being done to the second-floor unit (Unit 3) are nearly complete, providing added value for investors.
    The commercial unit underneath has been completely transformed into a clean, modern workspace—ideal for small businesses or independent professionals seeking a move-in-ready location. With close proximity to major commuter routes, public transportation, hospitals, college campuses, and local amenities, this property represents a smart investment opportunity in a high-demand rental market.

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Location

Building Details

  • Building Area Total: 6030 sq ft
  • Number Of Units Total: 6
  • Construction Materials: Asbestos, Wood Frame
  • Architectural Style: Other
  • Sewer: Public Sewer
  • Heating: Hot Water
  • StoriesTotal: 3
  • Stories: 3
  • Roof: Flat, Membrane
  • Foundation Details: Concrete Perimeter, Brick/Mortar
  • Levels: Multi-Level
  • Basement: , , ,

Amenities & Features

  • Electric: Circuit Breakers
  • Flooring: Vinyl, Carpet
  • Parking Features: 1 - 4 Spaces, Paved, On Street
  • Garage Spaces: 0
  • WaterSource: Public
  • Lot Features: Open, Level, Sidewalks, Intown, Near Shopping, Neighborhood, Near Public Transit
  • Patio And Porch Features: Deck
  • Cooling: None

Fees & Taxes

  • Gross Income: $83,400

Courtesy of

  • List Office Name: CENTURY 21 Advantage

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Office: 207-942-6310

458 Main Street
Bangor, ME 04401
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