Bought with Carolyn Kline Kline Realty Group
$403,000
$407,000
1.0%For more information regarding the value of a property, please contact us for a free consultation.
3 Baths
1,998 SqFt
SOLD DATE : 08/17/2026
Key Details
Sold Price $403,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 1,998 sqft
Price per Sqft $201
MLS Listing ID 1669783
Sold Date 08/17/26
Full Baths 3
HOA Y/N No
Year Built 1900
Tax Year 2025
Lot Size 4,356 Sqft
Acres 0.1
Source Maine Listings
Land Area 1998
Property Description
Strong cash-flow opportunity in Lewiston! This fully separated 3-unit multifamily features three identical 2-bedroom units designed for easy management and consistent rental income. Two units are currently occupied with monthly leases, with one vacant first-floor unit offering immediate upside for an owner-occupant or the ability to place a new tenant at market rent.
The property is highly efficient for investors, with separate electrical meters, three heating systems, and three hot water heaters, allowing tenants to pay their own utilities and minimizing owner expenses. Identical unit layouts simplify maintenance, turnover, and leasing operations.
Additional highlights include a large driveway with ample off-street parking and strong long-term rental potential. Whether you're expanding your portfolio or looking for an owner-occupied investment property, this multifamily offers excellent income potential and low management complexity.
Location
State ME
County Androscoggin
Zoning DR
Direction GPS friendly
Rooms
Basement Interior Entry, Unfinished
Interior
Heating Gas Natural, Direct Vent Heater
Cooling None
Flooring Tile, Vinyl
Laundry Washer Hookup
Exterior
Parking Features Paved, 5 - 10 Spaces, Off Street
Roof Type Shingle
Porch Deck
Garage No
Building
Lot Description Near Shopping, Level, Open Lot, Sidewalks, Near Public Transit
Story 3
Entry Level Multi-Level
Foundation Stone, Brick/Mortar
Water Public
Architectural Style Other
Others
Tax ID LEWI-000195-000000-000037
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