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Listed by The Flaherty Group
$ 475,000
Pending
219 Pine ST Lewiston, ME 04240
6 Baths
4,440 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Pending
Square Footage 4,440 sqft
MLS Listing ID 1643787
Style Other
Full Baths 6
HOA Y/N No
Abv Grd Liv Area 4,440
Year Built 1921
Annual Tax Amount $4,199
Tax Year 2025
Lot Size 4,791 Sqft
Acres 0.11
Source Maine Listings
Land Area 4440
Property Description
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.
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.
Location
State ME
County Androscoggin
Zoning 524
Rooms
Basement Interior, Full, Unfinished
Interior
Heating Hot Water, Baseboard
Cooling None
Flooring Carpet
Fireplace No
Exterior
Parking Features 1 - 4 Spaces, Other
View Y/N No
Roof Type Membrane
Garage No
Building
Lot Description Sidewalks, Intown
Story 3
Sewer Public Sewer
Water Public
Architectural Style Other
Structure Type Asbestos,Wood Frame
Others
Energy Description Gas Natural
