41 Burbank Street

Lewiston, ME 04240
Baths
3
Square Ft.
2,522
$450,000
Don't miss this tastefully updated and fully furnished three-unit property located at the end of a quiet dead-end street in a desirable residential area of Lewiston. This well-cared-for building offers strong investment potential, with recent updates including flooring, paint, cabinets, countertops, and appliances. All three units are furnished and currently rented to traveling professionals as mid-term rentals, providing consistent cash flow. Furniture is included in the sale, making for a smooth transition for the new owner. One unit is currently vacant and move-in ready, offering an excellent opportunity for an owner-occupant. The property also features off-street parking and a spacious backyard. Its location is ideal—just a short walk to the YWCA and Lewiston High School, with access to athletic fields, tennis courts, and a track. You'll also enjoy close proximity to hospitals, schools, restaurants, shopping centers, and parks. This is a flexible investment—continue with the mid-term rental model or transition to traditional long-term leases.
Market LogoCourtesy of Four Points Real Estate, LLC 617-306-3926
Listing Snapshot
Days Online
2
Last Updated
Full Baths
3
Square Ft.
2,522
Lot Size
0.18 Acres
Year Built
1924
MLS Number
1632491
Additional Details
Property Access
Road Surface Type: "Paved"
Basement
Basement: "Interior", "Full", "Unfinished"
Building
Architectural Style: "Other", Building Area Total: 2,522, Construction Materials: "Vinyl Siding", "Wood Frame", Number Of Units Total: 3, Year Built: 1924, 2 stories, 2 total stories
Cooling
Cooling: "None"
Expenses
Operating Expense: $12,408
Exterior Features
Patio And Porch Features: "Deck", Patio And Porch Features: "Deck"
Floors
Flooring: "Wood", "Laminate"
Foundation
Foundation Details: "Brick/Mortar"
Heating
Heating: "Radiator", "Hot Water", Heating Included
Income
Gross Income: $59,400
Laundry
Features: "Washer Hookup"
Lot
Features: "Level", "Intown", "Near Shopping", "Neighborhood", "Near Public Transit", 0.18 acres, Area: 0.18, 7,841 square feet
Parking
Features: "5 - 10 Spaces", "Paved", "Common", "Off Street"
Property
Parcel Number: LEWI-000175-000000-000174, View: "Trees/Woods", Zoning: NCA
Roof
Roof: "Flat", "Membrane"
Sewer
Sewer: "Public Sewer"
Taxes
Annual Amount: $3,708, Tax Lot: 174
Utilities
Electric: "Circuit Breakers", Water Source: "Public"
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30 Days Snapshot Of 04240
$375k
+21%
(avg) sold price
32
-3%
homes sold
30
+87%
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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.