219 Pine ST Pending

Lewiston,ME 04240

$ 475000

- Bed

6 Baths

4440 SqFt


Key Details

Property Type Multi-Family

Listing Status Pending

Square Footage 4,440 sqft

Price per Sqft $106

MLS Listing ID 1643787

Style Other

Full Baths 6

Year Built 1921

Annual Tax Amount $4,199

Tax Year 2025

Lot Size 4,791 Sqft

Property Description

Unlock strong cash flow and value with this well-located 6-unit multifamily in the heart of Lewiston. Priced at $475,000, this property features three 2-bedroom units and three 1-bedroom units, offering a solid rental mix and consistent demand.

The building is income-producing from day one, giving the next owner an immediate return. While the property could use some cosmetic updates and attention to the front porch beams, it's priced accordingly—creating an excellent value-add opportunity with room to increase income and equity quickly.

Conveniently positioned near downtown amenities, public transit, and local employers, this property is an ideal fit for both new and experienced investors.

Location

State ME

County Androscoggin

Zoning 524

Interior

Heating Hot Water,Baseboard

Cooling None

Flooring Carpet

Exterior

Parking Features 1 - 4 Spaces,Other

View Y/N No

Roof Type Membrane

Building

Lot Description Sidewalks,Intown

Story 3

Sewer Public Sewer

Water Public

Structure Type Asbestos,Wood Frame

View More
Favorite Go Tour