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$575,000

6 hours ago

0 Bed

6 Bath

7560 sqft

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MLS® 1652671

  • Key Facts
  • Description
  • Map

Key Facts

Type Other
Levels Residential Income
Size 7560 sqft
Garage No
HOA Fees 
Taxes $5,078
Days Active 0
Approx. Age 1881
Avg. Price Per Sqft $76
MLS® Number 1652671

Property Address: 47-49 Pierce Street, Lewiston, ME, 04240

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

Description

Fully occupied 6-unit multifamily in Lewiston featuring a strong unit mix of (3) three-bedroom units and (3) four-bedroom units. Large layouts support consistent rental demand. The property is currently producing a 12% cap rate, offering immediate in-place cash flow with additional upside through rent growth and operational improvements. The building received a new EPDM roof in 2018 and includes a spacious on-site parking lot, further enhancing long-term stability. A solid value-add opportunity in a proven rental market.
MLS® Number1652671
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1881
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

Feb 25, 2026List Date
$575,000List Price
  • Commute

Commute

Starting Address
Destination Address
47-49 Pierce Street, Lewiston, ME

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