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  • $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

    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!

    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#: 1600170MLS Logo

    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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