Skip main navigation
Pending
  • $399,900

    187 East Avenue, Lewiston, ME 04240

    6beds
    2,452sqft
    : 
    Multi Family
    Built in 1927
    -- sqft lot
    $-- Zestimate®
    $163/sqft
    $-- HOA

    What's special

    Spacious bedroomsEfficient natural gas heatingGenerous living space
    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.
    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#: 1615036MLS Logo
    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
    • Loading