125 Pierce St - Lucrative 6-Unit Investment with Owner-Occupancy Option
Step into a rewarding investment opportunity with 125 Pierce St, a 6-unit property offering excellent cash flow potential. This versatile building is ideal for both seasoned investors and prospective owner-occupants seeking a stable and profitable asset.
Key Features:
Strong Cash Flow: Benefit from the reliable income generated by this property, with a solid track record of consistent rental revenue.
Owner-Occupancy Opportunity: One unit is currently vacant, presenting the unique chance for you to live in the building while enjoying income from the other five units.
Long-Term Tenants: Four of the units are occupied by tenants who have been renting for nearly a decade, reflecting the property's stability.
Modern Safety Features: Each unit is equipped with its own dedicated electrical panel and new fire extinguishers, ensuring safety and convenience for all residents.
This property offers a fantastic investment potential. Don't miss out on this exceptional opportunity at 125 Pierce St - secure your future and enhance your portfolio today!
Closed
$340,000
125 Pierce Street, Lewiston, ME 04240
14beds
5,734sqft
Multi Family
Built in 1891
-- sqft lot
$356,000 Zestimate®
$59/sqft
$-- HOA
What's special
Zillow last checked: 7 hours ago
Listing updated: October 30, 2024 at 12:19pm
Listed by:
Maine Source Realty
Bought with:
Real Broker
Source: Maine Listings,MLS#: 1600170

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 14
- Bathrooms: 6
- Full bathrooms: 6
Heating
- Multi-Zones, Hot Water, Baseboard
Cooling
- None
Features
- Storage
- Flooring: Wood, Vinyl, Laminate
- Basement: Bulkhead,Full,Exterior Entry,Interior Entry,Unfinished
Interior area
- Total structure area: 5,734
- Total interior livable area: 5,734 sqft
- Finished area above ground: 5,734
- Finished area below ground: 0
Property
Parking
- Parking features: 1 - 4 Spaces, Gravel, Paved, Off Street
Features
- Levels: Multi/Split
Lot
- Size: 4,356 sqft
- Features: Level, Sidewalks, City Lot, Near Turnpike/Interstate
Details
- Parcel number: 125PierceSTLewiston19695
- Zoning: Downtown Res
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Cape Cod
- Property subtype: Multi Family
Materials
- Wood Siding, Asbestos, Wood Frame
- Foundation: Stone, Brick/Mortar
- Roof: Shingle
Condition
- Year built: 1891
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Lewiston
Other
Other facts
- Road surface type: Paved
Services availability

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