Presenting an exceptional investment opportunity: a meticulously maintained two-unit building, each featuring three spacious bedrooms. This property boasts a robust tenant history and attractive amenities, making it an appealing choice for savvy investors as well as those in search of a roomy multi-family residence. The expansive floor plans offer generous living space, with each unit designed to meet the needs of its occupants. The building is equipped with efficient natural gas heating, ensuring reliable warmth and comfort for all residents, which is a significant advantage for both tenants and property owners alike. What makes this offer even more enticing is the inclusion of an additional lot located at 40 Tampa Street, which adds considerable value to the overall property. With a strong track record of reliable tenants, this building promises a consistent rental income stream, making it a smart investment option. The dependable cash flow and established history provide confidence for investors looking for a profitable opportunity. Located in a sought-after area, this property offers easy access to a variety of amenities, including shopping, dining, and entertainment options. Its convenient proximity to transportation hubs and major thoroughfares makes commuting and travel a breeze. Whether you are an investor aiming for a lucrative income-generating property or a homeowner wanting to create additional revenue, this two-unit building is the perfect fit.
Pending
$399,900
187 East Avenue, Lewiston, ME 04240
6beds
2,452sqft
Est.:
Multi Family
Built in 1927
-- sqft lot
$-- Zestimate®
$163/sqft
$-- HOA
What's special
Spacious bedroomsEfficient natural gas heatingGenerous living space
- 58 days
- on Zillow |
- 29 |
- 0 |
Likely to sell faster than
Zillow last checked: 7 hours ago
Listing updated: March 21, 2025 at 08:22am
Listed by:
Portside Real Estate Group
Source: Maine Listings,MLS#: 1615036

Travel times
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Baseboard
Cooling
- None
Appliances
- Laundry: Washer Hookup
Features
- 1st Floor Bedroom, Storage
- Flooring: Wood, Vinyl, Carpet
- Basement: Full,Unfinished
Interior area
- Total structure area: 2,452
- Total interior livable area: 2,452 sqft
- Finished area above ground: 2,452
- Finished area below ground: 0
Video & virtual tour
Property
Parking
- Parking features: 5 - 10 Spaces, Gravel
Features
- Stories: 2
- Patio & porch: Deck
Lot
- Size: 0.34 Acres
- Features: Level, Sidewalks, City Lot, Near Shopping, Near Town, Neighborhood, Retail Strip, Near Public Transit
Details
- Parcel number: LEWIM174L328
- Zoning: NCA
Construction
Type & style
- Home type: MultiFamily
- Architectural style: New Englander
- Property subtype: Multi Family
Materials
- Asbestos, Wood Frame
- Foundation: Concrete Perimeter
- Roof: Flat
Condition
- Year built: 1927
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Security: Security System
Location
- Region: Lewiston
Financial & listing details
- Price per square foot: $163/sqft
- Tax assessed value: $87,060
- Annual tax amount: $2,766
- Date on market: 2/26/2025
- Road surface type: Paved
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