227 Blake Street

Lewiston, ME 04240
Baths
5
Square Ft.
3,478
$545,000
This five-unit building brings in $75,240 in gross annual income and offers: two 2-bedrooms and three 4-bedrooms. Rents are stable, demand is steady, and the building has a proven rental history. Off-street parking is a major plus in this part of town, and the property has been consistently profitable- making it a smart addition to any growing portfolio. Whether you're a seasoned investor or looking to scale, this one checks the boxes. Property offers an increase of gross income to over $100,000 in 2026!
Market LogoCourtesy of Real Broker 207-212-1523
Listing Snapshot
Days Online
0
Last Updated
Full Baths
5
Square Ft.
3,478
Lot Size
0.11 Acres
Year Built
1875
MLS Number
1643853
Additional Details
Property Access
Road Surface Type: "Paved"
Basement
Basement: "Interior", "Full", "Unfinished"
Building
Architectural Style: "Cape Cod", "Colonial", Building Area Total: 3,478, Construction Materials: "Vinyl Siding", "Wood Frame", Number Of Units Total: 5, Year Built: 1875, 3 total stories
Cooling
Cooling: "None"
Accessibility Features
Accessibility Features: "32 - 36 Inch Doors"
Expenses
Operating Expense: $19,826
Floors
Flooring: "Vinyl", "Carpet"
Foundation
Foundation Details: "Stone"
Heating
Heating: "Hot Water", "Forced Air", Heating Included
Income
Gross Income: $75,240
Interior Features
Features: "1st Floor Bedroom"
Lot
Features: "Open", "Level", "Sidewalks", "Near Shopping", "Near Town", 0.11 acres, Area: 0.11, 4,792 square feet
Parking
Features: "1 - 4 Spaces", "Gravel", "On Site", "Off Street"
Pets Policy
Pets Allowed: "Breed Restrictions", "Size Limit"
Property
Parcel Number: LEWI-000196-000000-000224, Zoning: DR
Roof
Roof: "Pitched", "Shingle"
Sewer
Sewer: "Public Sewer"
Taxes
Annual Amount: $3,350, Tax Lot: 224
Utilities
Electric: "Circuit Breakers", Water Source: "Public"
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30 Days Snapshot Of 04240
$307k
+5%
(avg) sold price
21
+5%
homes sold
39
+116%
(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.