153 Pine Street

Lewiston, ME 04240
Baths
3
Square Ft.
2,582
$399,000
Exceptional opportunity to own a 3-unit multi-family in one of Lewiston's most active and consistently in-demand rental areas. This property offers a strong combination of immediate income, thoughtful updates, and future upside, making it an attractive option for both investors and owner-occupants. The building features spacious, well-laid-out units with a desirable mix of bedroom counts, appealing to a broad tenant base. Many recent improvements have already been completed, helping to minimize near-term capital expenditures while enhancing overall tenant appeal. Flexible occupancy adds to the opportunity, whether you're looking to expand your portfolio with a solid, income-producing asset or take advantage of owner-occupancy while offsetting your mortgage with rental income. Ideally situated just minutes from downtown, hospitals, schools, shopping, and major routes, the location supports strong and consistent rental demand. Additional features like off-street parking and outdoor space further enhance the property's desirability. A strong, well-positioned asset with immediate income and long-term upside.
Market LogoCourtesy of Keller Williams Realty 207-879-9800
Listing Snapshot
Days Online
32
Last Updated
Full Baths
3
Square Ft.
2,582
Lot Size
0.11 Acres
Year Built
1873
MLS Number
1658778
Additional Details
Property Access
Road Surface Type: "Paved"
Basement
Basement: "Interior", "Full", "Unfinished"
Building
Architectural Style: "Other", Building Area Total: 2,582, Construction Materials: "Wood Frame", "Vinyl Siding", Number Of Units Total: 3, Year Built: 1873, 2 stories
Cooling
Cooling: "None"
Expenses
Operating Expense: $20,510
Floors
Flooring: "Luxury Vinyl", "Wood"
Heating
Heating: "Gas Natural", "Baseboard", "Hot Water", Heating Included
Income
Gross Income: $55,800
Lot
Features: "Level", "Intown", 0.11 acres, Area: 0.11, 4,792 square feet
Parking
Features: "Paved", "1 - 4 Spaces"
Property
Parcel Number: LEWI-000195-000000-000298, Zoning: DR
Roof
Roof: "Shingle"
Sewer
Sewer: "Public Sewer"
Taxes
Annual Amount: $3,212, Tax Lot: 298
Utilities
Electric: "Circuit Breakers", Water Source: "Public"
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30 Days Snapshot Of 04240
$337k
+16%
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homes sold
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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.