Exceptional investment opportunity in Androscoggin County! Don't miss your chance to own this beautifully updated 9-unit multi-family property, offering strong income potential and a stable occupancy history. Tastefully renovated and meticulously maintained by the current owner, the property received numerous updates in 2023, with each unit benefiting from a unique combination of improvements, including upgrades to fixtures, flooring, windows, doors, and more. Five of the units are currently rented as fully furnished, providing a turnkey living option that appeals to tenants seeking convenience and flexibility.
Centrally located, the property offers quick access to major commuter routes and public transportation, and is in close proximity to medical facilities, college campuses, restaurants, and other local amenities. If you're looking for a clean, well-cared-for investment property that's ready to generate income--this is it.
Listing Courtesy of MAINE LISTINGS - IDX / Century 21 Advantage / Kionno Nelson
$629,000
Lewiston Area Multi-Family Home
Active
128 Pine Street Lewiston, ME 04240
Bed
6 Baths
6030 sqft
MLS# 1631622
Versatile investment opportunity in Lewiston! This well-maintained property offers five residential units and one commercial unit, providing a stable revenue stream with additional potential. Significant improvements were made in 2022, including exterior painting, new porches, fire escapes, windows, and a variety of targeted upgrades throughout the residential units. Updates being done to the second-floor unit (Unit 3) are nearly complete, providing added value for investors.
The commercial unit underneath has been completely transformed into a clean, modern workspace—ideal for small businesses or independent professionals seeking a move-in-ready location. With close proximity to major commuter routes, public transportation, hospitals, college campuses, and local amenities, this property represents a smart investment opportunity in a high-demand rental market.
Listing Courtesy of MAINE LISTINGS - IDX / Century 21 Advantage / Kionno Nelson