128 Pine Street

Lewiston, ME 04240
Baths
6
Square Ft.
6,030
$610,000
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.
Market LogoCourtesy of CENTURY 21 Advantage 207-782-2121
Listing Snapshot
Days Online
118
Last Updated
Full Baths
5
Partial Baths
1
Square Ft.
6,030
Lot Size
0.08 Acres
Year Built
1900
MLS Number
1631622
Additional Details
Basement
Basement: "Walk-Out Access", "Finished", "Full", "Bulkhead"
Building
Architectural Style: "Other", Building Area Total: 6,030, Construction Materials: "Asbestos", "Wood Frame", Number Of Units Total: 6, Year Built: 1900, 3 stories, 3 total stories
Cooling
Cooling: "None"
Expenses
Operating Expense: $17,939
Exterior Features
Patio And Porch Features: "Deck", Patio And Porch Features: "Deck"
Floors
Flooring: "Vinyl", "Carpet"
Foundation
Foundation Details: "Concrete Perimeter", "Brick/Mortar"
Heating
Heating: "Hot Water", Heating Included
Income
Gross Income: $83,400
Lot
Features: "Open", "Level", "Sidewalks", "Intown", "Near Shopping", "Neighborhood", "Near Public Transit", 0.08 acres, Area: 0.08, 3,485 square feet
Parking
Features: "1 - 4 Spaces", "Paved", "On Street"
Property
Parcel Number: 128PineStLewiston04240, Zoning: DR
Roof
Roof: "Flat", "Membrane"
Sewer
Sewer: "Public Sewer"
Taxes
Annual Amount: $4,391, Tax Lot: 415
Utilities
Electric: "Circuit Breakers", Water Source: "Public"
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SOurce: Home Junction
Monthly Payment
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30 Days Snapshot Of 04240
$306k
+4%
(avg) sold price
18
-10%
homes sold
33
+83%
(avg) days on market
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Fred Andrews
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Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.