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$669,900

For Sale

A month ago

MLS® 1655365

0 Bed

6 Bath

6240 sqft

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  • Key Facts
  • Description
  • Map

Key Facts

Type Other
Levels Residential Income
Size 6240 sqft
Garage No
HOA Fees 
Taxes $4,339
Days Active 29
Approx. Age 1886
Avg. Price Per Sqft $107
MLS® Number 1655365

Property Address: 12-14 College Street, Lewiston, ME, 04240

Average square foot calculated using Size range provided by listing agent.

Description

Located in Lewiston, this well-maintained 6-unit multifamily property presents a strong opportunity for investors seeking immediate cash flow and long-term stability. The building has undergone significant upgrades, including new siding, a new furnace, and cosmetic improvements across all units. Currently profitable with a high cap rate, this asset stands out as a solid buy-and-hold investment in today's market. Two units are currently vacant with leasing, making the property easy to show. Once those units are leased, the monthly rent roll will exceed $9, 000. The property is professionally managed by Simplified Management and management is willing to continue services for the new owner if desired. With major systems already updated and income potential in place, this is an attractive, turnkey investment opportunity for anyone looking to get started or add to an existing portfolio.
MLS® Number1655365
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1886
Stories
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Mar 25, 2026List Date
$669,900List Price
  • Commute

Commute

Starting Address
Destination Address
12-14 College Street, Lewiston, ME

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