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Listed by EXP Realty
$600,000
6 Baths
6,936 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Square Footage 6,936 sqft
MLS Listing ID 1633697
Style Other
Full Baths 6
HOA Y/N No
Abv Grd Liv Area 6,936
Year Built 1901
Annual Tax Amount $4,346
Tax Year 2025
Lot Size 4,791 Sqft
Acres 0.11
Source Maine Listings
Land Area 6936
Property Description
Excellent investment opportunity in the heart of downtown Lewiston! This fully occupied 6-unit multifamily is located in a federally designated Opportunity Zone, which may offer significant tax advantages for long-term investors—verify with your CPA. The property features four 2-bedroom units and two 1-bedroom units, offering a solid unit mix for consistent rental income. Over the past four years, the current owners have invested more than $100,000 in updates, transforming the building from a distressed asset into a well maintained and stabilized investment. With strong professional management already in place, this is a true turnkey property, ideal for 1031 exchange buyers or those seeking to start or expand their portfolio. Lewiston's multifamily market is highly competitive, with few large multi-units properties available. Don't miss your chance to acquire a solid asset in one of Maine's fastest-moving rental markets. Schedule your private showing today. Group showing on Thursday, August 14th from 12pm to 2pm.
Location
State ME
County Androscoggin
Zoning DR
Rooms
Basement Interior, Brick/Mortar, Full, Unfinished
Interior
Heating Hot Water, Baseboard
Cooling None
Flooring Wood, Vinyl, Carpet
Exterior
Parking Features 1 - 4 Spaces, Paved
View Y/N No
Roof Type Flat,Membrane
Street Surface Paved
Garage No
Building
Lot Description Open, Neighborhood
Foundation Brick/Mortar
Sewer Private Sewer
Water Public
Architectural Style Other
Structure Type Vinyl Siding,Wood Frame
Others
Energy Description Gas Natural
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