Lewiston, ME 04240,280 Lincoln ST
Lewiston, ME 04240,280 Lincoln ST
Lewiston, ME 04240,280 Lincoln ST
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Listed by Spectrum Real Estate
$195,000
4 Baths
2,554 SqFt
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Key Details

Property Type Multi-Family

Listing Status Active

Square Footage 2,554 sqft

MLS Listing ID 1629380

Style Other

Full Baths 4

HOA Y/N No

Abv Grd Liv Area 2,554

Year Built 1891

Annual Tax Amount $2,324

Tax Year 2025

Lot Size 2,613 Sqft

Acres 0.06

Source Maine Listings

Land Area 2554

Property Description

Investor & Contractor Special - Unlock the Potential! This is a fantastic opportunity for savvy investors, flippers, or contractors looking for their next project. Located next to a small city park with river views, this multi-unit building offers great bones and serious upside for the right buyer. The first floor has been completely gutted. It's a blank slate waiting for your finishing touches. Whether you're planning another base rental unit or custom owner-occupied space, all the demo work is already done, saving you time and money. The second and third floors were recently rented and require some cosmetic updates to bring them up to rentable standards. With some light TLC... cleaning, painting, etc, you could have two income-producing units up and running quickly, while finishing the first floor at your own pace. Please note: This property will not qualify for conventional financing. It's best suited for buyers using cash, hard money, or private capital. With the right vision, this could be a high-yield rental, a smart flip, or a long-term hold with excellent equity potential. Properties with this kind of value-add opportunity don't last long—schedule your showing today and see the potential for yourself! (Please note some pics are from when the building was previously rented)

Location

State ME

County Androscoggin

Zoning RESI

Body of Water Androscoggin River

Rooms

Basement Walk-Out Access, Exterior Only, Unfinished

Interior

Interior Features 1st Floor Bedroom, Bathtub, One-Floor Living

Heating Baseboard

Cooling None

Flooring Wood, Vinyl, Laminate, Carpet

Equipment Internet Access Available

Fireplace No

Exterior

Parking Features 1 - 4 Spaces, Gravel, On Site, Off Street

Utilities Available 1

View Y/N No

Roof Type Metal

Street Surface Paved

Porch Deck, Porch, Screened

Garage No

Building

Lot Description Open, Level, Sidewalks, Intown, Near Turnpike/Interstate, Near Town, Near Public Transit

Foundation Block, Concrete Perimeter, Brick/Mortar

Sewer Public Sewer

Water Public

Architectural Style Other

Structure Type Vinyl Siding,Wood Frame

Schools

School District Lewiston Public Schools

Others

Restrictions Unknown

Energy Description Electric


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