111 Ash St Lewiston, ME 04240
Lewiston AreaEstimated payment $9,192/month
Highlights
- Property is near public transit and shops
- No HOA
- Lot Has A Rolling Slope
- New Englander Architecture
- Baseboard Heating
- 5-minute walk to Kennedy Park
About This Home
15 unit investment portfolio consisting of 3 neighboring properties at 111, 115 and 117 Ash Street in Lewiston. The portfolio offers strong in place rents with meaningful additional upside through lease up and stabilization. Located directly across from the Basilica of Saints Peter and Paul and minutes from downtown Lewiston, the properties offer operational efficiencies through their immediate proximity to one another. 7 units are currently vacant as part of the owner's disposition strategy, creating an opportunity for a new owner to immediately increase occupancy and NOI. Portfolio includes a mix of studio, 1 bedroom and 3 bedroom units.
Open House Schedule
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Friday, September 18, 20264:30 to 6:30 pm9/18/2026 4:30:00 PM +00:009/18/2026 6:30:00 PM +00:00Add to Calendar
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Saturday, September 19, 202610:00 am to 12:00 pm9/19/2026 10:00:00 AM +00:009/19/2026 12:00:00 PM +00:00Add to Calendar
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $10,511
Year Built
- Built in 1891
Lot Details
- 9,583 Sq Ft Lot
- Property fronts a freeway
- Lot Has A Rolling Slope
Home Design
- New Englander Architecture
- Wood Frame Construction
- Shingle Roof
- Wood Siding
- Vinyl Siding
Interior Spaces
- 16 Full Bathrooms
- 13,794 Sq Ft Home
- Multi-Level Property
Flooring
- Carpet
- Vinyl
Unfinished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
- Brick Basement
- Interior Basement Entry
Parking
- No Driveway
- On-Site Parking
- Off-Street Parking
Location
- Property is near public transit and shops
- City Lot
Utilities
- No Cooling
- Radiator
- Heating System Uses Natural Gas
- Baseboard Heating
Listing and Financial Details
- Tax Lot 462-464
Community Details
Overview
- No Home Owners Association
- 15 Units
Pet Policy
- Pets Allowed
Building Details
- Operating Expense $88,426
- Gross Income $235,024
Map
Home Values in the Area
Average Home Value in this Area
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/14/2026 09/14/26 | For Sale | $1,500,000 | -- | $109 / Sq Ft |
Source: Maine Listings
MLS Number: 1680498
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Listing data is derived in whole or in part from Maine Real Estate Information System, Inc. (d/b/a Maine Listings) and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.
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