Courtesy: Maine Source Realty
207-333-6001
Exceptional Cash Flow Property with Major Upgrades! Fully occupied and cash flowing, this 5-unit multifamily property is an investor's dream! Featuring 2 spacious two-bedroom units and 3 cozy one-bedroom units, this building is generating an impressive gross annual income of $66,000, with a net of more than $50,000 per year. Recent upgrades include a brand new roof and high-efficiency natural gas heat and hot water systems, installed just 3 years ago, ensuring low operating costs for years to come. The big-ticket items have already been taken care of, making this property a hassle-free investment with minimal future capital expenditures. Located in a high-demand rental area, this property is well-positioned for continued success. Don't miss out on this turnkey opportunity with stable tenants and excellent returns! Key Features: 2 x 2-bedroom units, 3 x 1-bedroom units Gross income: $66,000/year Net income: More than $50,000/year New roof and efficient heating systems (3 years old) Natural gas heating and hot water Fully occupied with stable tenants Invest now and start earning immediate cash flow!
Courtesy: Hearth & Key Realty
207-241-2327
Introducing an exceptional investment opportunity in the heart of a thriving rental market: a 5-unit apartment building with impressive cash flow potential. This well-maintained property offers a robust rental income stream, making it an ideal addition to any real estate portfolio. Situated in a dynamic neighborhood with strong demand for rental properties, this building benefits from a vibrant local market where vacancies are low and rental rates are on the rise. The area's steady economic growth and increasing population contribute to a favorable environment for landlords seeking reliable returns. Each unit provides ample living space and functional layouts, ensuring broad appeal to a diverse range of tenants. With a touch of TLC, this property could see significant appreciation. Updating the interiors and enhancing common areas could not only increase the rental income but also elevate the property's overall value. Whether you're a seasoned investor or just starting out, this property offers a solid foundation and promising upside. Take advantage of the current market trends and unlock the full potential of this high-cash-flow investment.
Courtesy: Hearth & Key Realty
207-241-2327
**Charming 9-Unit Multi-Family Building in the Heart of Lewiston - Recently Renovated!** Welcome to this beautifully updated multi-family gem located in the vibrant community of Lewiston, Maine. This exceptional 9-unit building offers a versatile mix of apartments, including 3 one-bedroom, 3 two-bedroom, and 3 three-bedroom units, making it an ideal investment opportunity or a perfect addition to your real estate portfolio. **Property Highlights:** - **Diverse Unit Mix:** Featuring three distinct apartment types to suit various needs, this property includes: - 3 Spacious One-Bedroom Apartments - 3 Comfortable Two-Bedroom Apartments - 3 Generous Three-Bedroom Apartments - **Recent Renovations:** Many units have been thoughtfully updated with modern finishes and improvements, ensuring a fresh, contemporary living experience for tenants. Enjoy new flooring, updated kitchens with new appliances, stylish cabinetry, and refreshed bathrooms. - **Prime Location:** Situated in the thriving city of Lewiston, this property benefits from its proximity to local amenities, schools, parks, and public transportation. Residents will appreciate the convenience of nearby shops, dining options, and recreational facilities. - **Well-Maintained Building:** The building has been meticulously cared for, with recent exterior and interior updates enhancing its curb appeal and functionality. Fresh paint, new windows and doors and upgraded systems contribute to a move-in-ready condition. - **Investment Potential:** With a variety of unit sizes and recent renovations, this property is poised to attract a diverse range of tenants, ensuring strong rental demand and steady income potential. - **Community Feel:** The building offers a welcoming atmosphere, ideal for creating a sense of community among residents. Don't miss this opportunity to own this multi-family building.
Courtesy: Keller Williams Realty
207-879-9800
LOOKING FOR A MONEY MAKER?!?!?Welcome to 202 & 204 Blake St Lewiston! This is a great opportunity to own 2 buildings on 1 lot (6 units total) conveniently located in downtown Lewiston. Just a 5 minute drive to CMMC, 3 minutes to the Lewiston Mall, 2 minutes to the Colisee, many restaurants and shopping locations within walking distance. As of 2020 new heating system in one building, new fire alarms, newer windows, some new waterlines, some updated bathrooms and kitchens, some new electrical, some new flooring, New fire/steel doors in #204 as of 2020.
Courtesy: Keller Williams Realty
207-879-9800
SELLER CONCESSIONS AVAILABLE! Investors, here's your chance to unlock significant value with this 8-unit property in Lewiston. While it does require capital infusion, the potential is undeniable. With strategic updates and improvements, this property offers a clear path to increased rental income and equity growth. Ideal for a long-term hold, this investment promises strong financials once stabilized, making it a great addition to any portfolio focused on long-term gains. Able to be purchased with additional 8-Unit located at 50 Knox (MLS #1801822)
Courtesy: Keller Williams Realty
207-879-9800
SELLER CONCESSIONS AVAILABLE! Investors, you won't want to miss this 8-unit multifamily property in Lewiston boasting a 12.33% cap rate. With three vacancies and recent, modest renovations in some units, this property is positioned for strong financial performance, turn-key cash flow, and significant value-add potential. The new roof in 2022 adds to the long-term stability, while opportunities for upgrades in the remaining units offer a clear path to increased equity. This property is ideal for investors looking to grow their portfolio with a focus on long-term gains. Able to be purchased with additional 8-Unit located at 54 Knox (MLS #1801823)
Courtesy: River's Edge Realty LLC
207-504-9723
Welcome to 182 Webster Street! This 4 bedroom, 2.5 bath recently renovated colonial is the perfect blend of comfort and functionality. Ideally situated in a highly sought after location, this versatile property allows for both residential and commercial use to suit both your lifestyle and accommodate all your needs. Home has hardwood floors throughout, new roof and energy efficient windows. Abundant parking spaces and a 2 car garage will accommodate all your needs. This centrally located home is walking distance to Lewiston High School, YWCA, and Bates College. Close proximity to pharmacies, grocery stores, and other area amenities. Just a short drive to the golf course, area shops, dining, arts and entertainment, and easy access to the turnpike. Come explore all that this amazing property has to offer!
Courtesy: Meservier & Associates
207-784-2525
This fully occupied 4-unit property in Lewiston is a solid investment with strong rental income potential. Each unit is well-maintained, and all tenant rents are current. Significant updates include a new roof and siding installed in 2018, a new furnace from around 2019, a new exterior porch added in 2023, and new fire doors on all apartments in 2024. Conveniently located near shopping, dining, and public transportation, this property is ready to offer immediate returns. Contact us today to learn more and schedule a viewing!
Courtesy: Keller Williams Realty
207-879-9800
Discover an exceptional investment opportunity with this completely renovated 10-unit building in the heart of Lewiston, Maine. Ideal for the discerning investor, this property offers a hassle-free, turn-key solution with modern amenities and low maintenance demands. Property includes eight one-bedroom apartments, one three-bedroom unit and one well-appointed studio apartment. Renovations include comprehensive updates from studs in to studs out and roof to basement. Please see attached addendum for the extensive list of renovations. The building was designed and built to have low maintenance and even lower expenses. Built with separate utilities, highly efficient heating and cooling heat pumps, as well as closed cell insulation on all outer walls, and Roxul insulation between every room for soundproofing. This investment property has been meticulously upgraded to ensure a superior living experience for tenants while minimizing upkeep for the owner. Each unit boasts contemporary finishes and functional layouts, making it a highly desirable residence in a thriving community. Please note open showings on Wednesday 8/21 from noon-1:30 PM. Please book your slot in ShowingTime.
Courtesy: Spectrum Real Estate
207-805-3707
** INVESTORS TAKE NOTICE ** Three units right outside of downtown Lewiston. The property sits on a corner lot right next to a beautifully maintained, low traffic park. All of the units boast screened in decks off the front of the house, with a breath taking view of the Androscoggin River. The third story unit has two spacious bedrooms and plenty of living space, while the other two units have three bedrooms. In 2022, a new egress stairway was built for the second and third story units, and a brand new metal roof was installed in June of this year. The first story unit is down to the studs and ready for a new owner to come in and finish what was started. Don't miss out on the opportunity to make this your own!
Courtesy: CENTURY 21 Advantage
207-782-2121
This property is currently in use as a 36 unit rooming house. 24 hour noticed required for showings. Please inquire with any further questions.
Courtesy: Portside Real Estate Group
207-607-5965
3-Unit investment building, each unit having 2 bedrooms and is situated on a side street close to hospitals with large partially fenced level back yard. Off street tandem parking available with space for parking expansion. New roof shingles in 2020, updates since 2003 include vinyl replacement windows, vinyl siding, 2003 HWBB boiler, entire building rewired in 2003. Lead paint abatement done in 2010. Rental numbers are below market rate. All units are occupied and 24 hr. notice to show is required.
Courtesy: Meservier & Associates
207-784-2525
Beautifully maintained and a rare find! This side by side duplex is located in Lewiston with neighborhood setting. 3 bedrooms and 2 baths in each unit with attached 1 car heated garages. Live in one unit & collect rent from the other, a great way to offset your mortgage. Each unit offers the ability for one floor living which includes 2 bedrooms up with full bath, open concept kitchen, living, and dining room. Lower level features an additional living room, bedroom, and bath with laundry. Heated garages give direct access to lower level living space. This quiet neighborhood is convenient to the Maine Turnpike and all town amenities.
Courtesy: Hebert Realty Group
207-369-0551
10 unit building with all large 3 bedroom units. Can be purchased with 94 knox and 102-104 knox. Room to grow the rent amounts. Currently fully occupied.
Courtesy: Tim Dunham Realty
207-729-7297
Group showings on Wednesday from Noon - 2pm and Friday from 5pm - 7pm. Fantastic 4 unit building in The Webster Street neighborhood! Ideal for an FHA owner occupant or investor. Great numbers with happy tenants. 1 bedroom unit will be vacant at closing. This property has 1 one bedroom unit, 2 two bedroom units, and a 4 bedroom unit. All apartments have 1 bathroom each. Schedule your group showing now!
Courtesy: River's Edge Realty LLC
207-504-9723
Investors take Note! Opportunity awaits you in this 11 unit brick multifamily, located in the heart of downtown Lewiston. This building is a blank canvas waiting for your finishing touches. With much of the old drywall removed the options are truly endless!
Courtesy: Coldwell Banker Realty
207-967-9900
This 3 unit features two 3 bedrooms units and one 1 bedroom unit. All units are occupied, two of the units have been freshened up. This is a perfect property to expand or start your rental portfolio!
Courtesy: F.O. Bailey Real Estate
207-781-1111
Nice Lewiston 5 unit offering (3) 2 bedrooms + (2) 1 bedroom units w/ 5 car parking lot located in the part of town that has lots of development going on!
Courtesy: River's Edge Realty LLC
207-504-9723
Amazing owner occupied opportunity centrally located in the heart of downtown Lewiston! This building offers 3 - 2 bedroom units located in the heart of downtown Lewiston, close to area amenities, hospitals, and schools, walking distance to shops, dining, arts and entertainment. Come check out all this property has to offer!
Courtesy: F.O. Bailey Real Estate
207-781-1111
Nice 9 unit package that has had many capital improvements made such as lead abatement, kitchens, flooring, painting + rental increases w/ more upside as well. This two building portfolio offers (1) 1 bedroom, (4) 2 bedrooms + (4) 4 bedroom units. Please don't miss the opportunity to own an investment that has good cash flow + appreciation in one of the hottest markets in the state of Maine!
Courtesy: F.O. Bailey Real Estate
207-781-1111
9 unit building offering (6) 1 bedrooms + (3) 2 bedroom units offering under market rents located in one of the state of Maines hottest real estate markets!
Courtesy: F.O. Bailey Real Estate
207-781-1111
18 unit portfolio located at 179 Pine St + 115-117 Pierce St, Lewiston. There has been many capital improvements made such as kitchens, flooring, painting + rental increases w/ more upside as well. This 3 building package offers (7) 1 bedrooms, (7) 2 bedrooms & (4) 3 bedroom units. Please don't miss the opportunity to own an investment that has good cash flow + appreciation in one of the hottest markets in the state of Maine!
Courtesy: Better Homes & Gardens Real Estate/The Masiello Group
207-782-8311
Welcome to an extraordinary real estate opportunity that seamlessly blends business and living. This property features a thriving convenience store , diner/restaurant serving breakfast and lunch and seats 46, offering a steady income stream. Above the store are two apartments—a 1-bedroom and a 3-bedroom—providing living quarters for the owner and rental potential. In addition to the convenience store, the property includes four commissary kitchens for lease, ideal for culinary entrepreneurs. Large rooms at the back are available for rent, creating additional income from events or workshops. A bakery and a commercial ice area contribute to the property's diverse revenue streams. The property also boasts an above-ground pool for relaxation and ample parking in the front and back. A new furnace, roof, siding have been installed along with fresh paint, new freezer, new fridge and more. Don't miss out on the chance to own a property with multiple income streams and endless possibilities. Additional paperwork forthcoming. Also listed as Commercial MLS #1581679
Courtesy: Malone Commercial Brokers, Inc.
207-772-2422
18-UNIT MULTIFAMILY BUILDING. 8,049± SF, 15 single room occupancy unit building with shared kitchens and bathrooms and an attached 3-unit building consisting of two-bedroom units. Located at the corner of College St and Holland St, close to downtown Lewiston. Fully occupied. Many recent upgrades including two boilers. Reputable property management in place and willing to stay on with next buyer. Financials are available upon signing a Confidentiality Agreement. See Broker for more information.
Lewiston is located in Maine. Lewiston, Maine has a population of 36,211. Lewiston is less family-centric than the surrounding county with 21.59% of the households containing married families with children. The county average for households married with children is 27.86%.
The median household income in Lewiston, Maine is $39,890. The median household income for the surrounding county is $49,538 compared to the national median of $57,652. The median age of people living in Lewiston is 40.1 years.
The average high temperature in July is 79.5 degrees, with an average low temperature in January of 8.1 degrees. The average rainfall is approximately 48 inches per year, with 65.6 inches of snow per year.
