128 Pine St Lewiston, ME 04240
Estimated payment $3,582/month
Highlights
- Deck
- Wood Flooring
- Hot Water Heating System
- Property is near public transit
- No HOA
- 5-minute walk to Kennedy Park
About This Home
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 3) 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.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,391
Year Built
- Built in 1900
Lot Details
- 3,485 Sq Ft Lot
- Level Lot
- Open Lot
Home Design
- Flat Roof Shape
- Brick Foundation
- Concrete Foundation
- Wood Frame Construction
- Membrane Roofing
- Asbestos Siding
- Asbestos
- Concrete Perimeter Foundation
Interior Spaces
- 3-Story Property
Flooring
- Wood
- Carpet
- Vinyl
Finished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
Parking
- Driveway
- Paved Parking
- On-Street Parking
Outdoor Features
- Deck
Location
- Property is near public transit
- City Lot
Utilities
- No Cooling
- Heating System Uses Natural Gas
- Hot Water Heating System
- Gas Water Heater
Listing and Financial Details
- Tax Lot 415
- Assessor Parcel Number 128PineStLewiston04240
Community Details
Overview
- No Home Owners Association
- 6 Units
Building Details
- Operating Expense $17,939
- Gross Income $83,400
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 10/23/2025 10/23/25 | Price Changed | $610,000 | -3.0% | $101 / Sq Ft | |
| 07/24/2025 07/24/25 | For Sale | $629,000 | +124.7% | $104 / Sq Ft | |
| 06/18/2021 06/18/21 | Sold | $279,900 | 0.0% | $51 / Sq Ft | View Prior Sale |
| 05/06/2021 05/06/21 | Pending | -- | -- | -- | |
| 05/04/2021 05/04/21 | For Sale | $279,900 | -- | $51 / Sq Ft |
Source: Maine Listings
MLS Number: 1631622
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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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