128 Pine Street
$629,000
128 Pine Street, Lewiston, ME 04240
65,461
NOI
6,030 sqft
Building Size
Details:
Highlights:
- Annual Tax: $ 4391.0
- Gross Income: $ 83400.0
- Age: Over 50 Years Old
- Appliances: Refrigerator
- Lot Size: Under 1/2 Acre
- Sewer: Public
- Special Market: College / University
- Water: City Water
Description:
5 Residential Units & 1 Commercial Unit
Many Updates to Interior & Exterior
Strong Income Potential
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 2) 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.
Location
Gallery
