219 Pine Street, Lewiston, Maine
Unlock strong cash flow and value with this well-located 6-unit multifamily in the heart of Lewiston. Priced at $475,000, this property features three 2-bedroom units and three 1-bedroom units, offering a solid rental mix and consistent demand.
The building is income-producing from day one, giving the next owner an immediate return. While the property could use some cosmetic updates and attention to the front porch beams, it’s priced accordingly—creating an excellent value-add opportunity with room to increase income and equity quickly.
Conveniently positioned near downtown amenities, public transit, and local employers, this property is an ideal fit for both new and experienced investors.
| Price: | $475,000 |
|---|---|
| Address: | 219 Pine Street |
| City: | Lewiston |
| State: | Maine |
| Zip Code: | 04240 |
| MLS: | 1643787 |
| Year Built: | 1921 |
| Square Feet: | 4,440 |
| Acres: | 0.11 |
| Lot Square Feet: | 0.11 acres |
| Bathrooms: | 6 |
| roof: | Membrane |
|---|---|
| sewer: | Public Sewer |
| taxLot: | 146 |
| cooling: | None |
| heating: | Baseboard, Hot Water |
| stories: | 3 |
| basement: | Interior Entry, Full, Unfinished |
| electric: | Circuit Breakers |
| flooring: | Carpet, Linoleum |
| garageYN: | no |
| coolingYN: | no |
| mlsStatus: | Pending |
| fireplaceYN: | no |
| grossIncome: | 75720 |
| landLeaseYN: | no |
| lotFeatures: | Intown, Sidewalks |
| lotSizeArea: | 0.11 |
| waterSource: | Public |
| lotSizeUnits: | Acres |
| taxMapNumber: | 195 |
| waterfrontYN: | no |
| associationYN: | no |
| lotSizeSource: | Public Records |
| taxBookNumber: | 6703 |
| parkingFeatures: | Other, 1 - 4 Spaces |
| taxAnnualAmount: | 4199 |
| attachedGarageYN: | no |
| operatingExpense: | 15830 |
| lotSizeSquareFeet: | 4791.6 |
| architecturalStyle: | Other |
| numberOfUnitsTotal: | 6 |
| waterInfoWaterView2: | No |
| aboveGradeFinishedArea: | 4440 |
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