128 Pine St Lewiston, ME 04240
Lewiston AreaEstimated payment $3,728/month
Highlights
- Deck
- Wood Flooring
- Hot Water Heating System
- Property is near public transit and shops
- No HOA
- Asbestos
About This Home
Excellent mixed-use investment opportunity in Lewiston! This income-producing property consists of 5 residential apartments and one commercial space, offering diversified revenue potential. Over the years, the property has been thoughtfully maintained and improved, including extensive updates completed in 2022 such as exterior painting, replacement windows, new porches, fire escapes, and improvements throughout several residential units. The commercial space has been fully updated and now offers a bright, professional environment suitable for a variety of business uses. Ideally situated near hospitals, colleges, public transportation, shopping, dining, and major commuter routes, this property is positioned to attract both residential and commercial tenants. Whether you're looking to expand your portfolio or begin investing in multifamily real estate, this property offers strong potential in a thriving rental market. (inside photos coming soon)
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,530
Year Built
- Built in 1900
Lot Details
- 3,485 Sq Ft Lot
- Level Lot
- Open Lot
Home Design
- Flat Roof Shape
- Brick Foundation
- Poured Concrete
- Wood Frame Construction
- Membrane Roofing
- Asbestos
Interior Spaces
- 5 Full Bathrooms
- 3-Story Property
Flooring
- Wood
- Carpet
- Vinyl
Finished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
Parking
- Common or Shared Parking
- Paved Parking
- On-Street Parking
- On-Site Parking
Outdoor Features
- Deck
Location
- Property is near public transit and shops
- City Lot
Utilities
- No Cooling
- Radiator
- Heating System Uses Natural Gas
- Hot Water Heating System
Listing and Financial Details
- Tax Lot 415
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
Tax 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.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $4,530 | $138,200 | $15,480 | $122,720 |
| 2024 | $4,391 | $138,200 | $15,480 | $122,720 |
| 2023 | $4,146 | $138,200 | $15,480 | $122,720 |
| 2022 | $3,939 | $138,200 | $15,480 | $122,720 |
| 2021 | $3,451 | $122,100 | $15,480 | $106,620 |
| 2020 | $3,499 | $122,040 | $15,480 | $106,560 |
| 2019 | $3,528 | $122,040 | $15,480 | $106,560 |
| 2018 | $3,499 | $122,040 | $15,480 | $106,560 |
| 2017 | $3,420 | $122,040 | $15,480 | $106,560 |
| 2016 | $3,361 | $122,040 | $15,480 | $106,560 |
| 2015 | $3,340 | $122,040 | $15,480 | $106,560 |
| 2014 | $3,245 | $122,040 | $15,480 | $106,560 |
| 2013 | $3,227 | $122,040 | $15,480 | $106,560 |
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 | Prior Sale |
|---|---|---|---|---|---|
| 06/25/2026 06/25/26 | For Sale | $610,000 | +117.9% | $101 / 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 |
Purchase 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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | None Available |
Mortgage 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 | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $68,000 | Unknown | |
| Open | $325,000 | Stand Alone Refi Refinance Of Original Loan | |
| Closed | $130,750 | Stand Alone Refi Refinance Of Original Loan | |
| Closed | $31,500 | Stand Alone Refi Refinance Of Original Loan | |
| Closed | $229,518 | Purchase Money Mortgage | |
| Previous Owner | $150,000 | Unknown | |
| Previous Owner | $160,000 | Commercial | |
| Previous Owner | $60,000 | Commercial | |
| Closed | $20,000 | Commercial |
Source: Maine Listings
MLS Number: 1668808
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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