Closed
$375,000
68 Howe Street, Lewiston, ME 04240
7beds
4,811sqft
Multi Family
Built in 1866
-- sqft lot
$387,600 Zestimate®
$78/sqft
$1,693 Estimated rent
Home value
$387,600
$329,000 - $453,000
$1,693/mo
Zestimate® history
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Owner options
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What's special
Exceptional Cash Flow Property with Major Upgrades!
Fully occupied and cash flowing, this 5-unit multifamily property is an investor's dream! Featuring 2 spacious two-bedroom units and 3 cozy one-bedroom units, this building is generating an impressive gross annual income of $66,000, with a net of more than $50,000 per year.
Recent upgrades include a brand new roof and high-efficiency natural gas heat and hot water systems, installed just 3 years ago, ensuring low operating costs for years to come. The big-ticket items have already been taken care of, making this property a hassle-free investment with minimal future capital expenditures.
Located in a high-demand rental area, this property is well-positioned for continued success. Don't miss out on this turnkey opportunity with stable tenants and excellent returns!
Key Features:
2 x 2-bedroom units, 3 x 1-bedroom units
Gross income: $66,000/year
Net income: More than $50,000/year
New roof and efficient heating systems (3 years old)
Natural gas heating and hot water
Fully occupied with stable tenants
Invest now and start earning immediate cash flow!
Zillow last checked: 8 hours ago
Listing updated: January 31, 2025 at 10:11am
Listed by:
Maine Source Realty
Bought with:
Hearth & Key Realty
Source: Maine Listings,MLS#: 1605669
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 5
- Full bathrooms: 5
Heating
- Baseboard, Hot Water
Cooling
- None
Features
- Flooring: Other, Vinyl
- Basement: Interior Entry,Full,Unfinished
Interior area
- Total structure area: 4,811
- Total interior livable area: 4,811 sqft
- Finished area above ground: 4,811
- Finished area below ground: 0
Property
Parking
- Parking features: No Driveway, None
Features
- Levels: Multi/Split
Lot
- Size: 3,049 sqft
- Features: City Lot, Near Shopping, Level, Open Lot, Right of Way
Details
- Zoning: DR
- Other equipment: Internet Access Available
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Other
- Property subtype: Multi Family
Materials
- Wood Frame, Vinyl Siding
- Foundation: Block
- Roof: Shingle
Condition
- Year built: 1866
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Utilities On
Community & neighborhood
Location
- Region: Lewiston
Other
Other facts
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 1/9/2026 | Listing removed | $1,200 |
Source: Zillow Rentals Report a problem | ||
| 11/12/2025 | Price change | $1,200-7.7% |
Source: Zillow Rentals Report a problem | ||
| 9/23/2025 | Price change | $1,300-7.1% |
Source: Zillow Rentals Report a problem | ||
| 9/9/2025 | Listed for rent | $1,400 |
Source: Zillow Rentals Report a problem | ||
| 1/29/2025 | Sold | $375,000-9.6%$78/sqft |
Source: | ||
Public tax history
Tax history is unavailable.
Neighborhood: 04240
Nearby schools
GreatSchools rating
- 1/10Montello SchoolGrades: PK-6Distance: 1.5 mi
- 1/10Lewiston Middle SchoolGrades: 7-8Distance: 0.5 mi
- 2/10Lewiston High SchoolGrades: 9-12Distance: 0.5 mi

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