$700,000

279 Pine St Lewiston, ME 04240

Estimated payment $4,021/month

Total Views 4,592
-- Bed
3.5 Baths
4,417 Sq Ft
$158 Price per Sq Ft

Highlights

  • Wood Flooring
  • No HOA
  • Cooling Available
  • Victorian Architecture
  • Porch
  • Hot Water Heating System

About This Home

A solid three-unit bringing in $63,800 in annual gross income and tenants paying their own heat, hot water and electricity. This 4,417 sq. ft. property offers three large units - a 4BR/1.5BA, a 3BR/1BA, and a 2BR/1BA - each with dedicated natural gas heat, hot water, and electric. The building still carries its historic charm with wood floors and high ceilings, while the major updates are already handled. You'll find updated vinyl siding, fully separated utilities, a full basement with both interior and bulkhead access, off-street parking with a detached one-car garage, plus a screened porch and covered front porch. If you're looking for a stable, high-earning 3-unit in a prime Lewiston location, this one is easy to evaluate and even easier to rent.

Listing Agent

Joshua Cousineau

Real Broker Brokerage Phone: 207-212-1523 Listed on: 12/05/2025

Real Broker

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,111

Year Built

  • Built in 1923

Parking

  • 1 Car Garage

Home Design

  • Victorian Architecture
  • Shingle Roof

Interior Spaces

  • 4,417 Sq Ft Home
  • 3-Story Property
  • Interior Basement Entry

Flooring

  • Wood
  • Tile

Utilities

  • Cooling Available
  • Hot Water Heating System

Additional Features

  • Porch
  • 5,663 Sq Ft Lot

Listing and Financial Details

  • Tax Lot 95
  • Assessor Parcel Number LEWI-000174-000000-000095

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • Operating Expense $8,291
  • Gross Income $63,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,111

Year Built

Built in 1923

Lot Details

0

Parking

1

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.13
  • MLS Status: Active
  • Directions: GPS Friendly
  • Above Grade Finished Sq Ft: 4417.0
  • Architectural Style: Victorian
  • Garage Yn: Yes
  • Building Stories: 3
  • Year Built: 1923
  • Attribution Contact: 207-212-1523
  • Contract Information:List PriceSqFt: 158.48
  • Property Information:Seasonal: No
  • Water Info:Water View2: No
  • Property Information:Short Sale Continue to Show: No
  • Property Information:Deed Restrictions: Unknown
  • Property Information 2 Detached Houses on 1 Lot: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Has Basement: Bulkhead, Interior Entry
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Flooring: Tile, Wood

Exterior Features

  • Waterfront: No
  • Patio And Porch Features: Porch, Porch-Screened
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0

Utilities

  • Cooling: Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Hot Water, Zoned
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Lewiston Public Schools

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 5662.8
  • Parcel #: LEWI-000174-000000-000095
  • Zoning: office reside

Multi Family

  • Number Of Units Total: 3
  • Annual Gross Income: 63800.0
  • Annual Operating Expense: 8291.0

Tax Info

  • Tax Annual Amount: 4111.0
  • Tax Lot: 95

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

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 $4,111 $125,400 $24,360 $101,040
2024 $3,984 $125,400 $24,360 $101,040
2023 $3,762 $125,400 $24,360 $101,040
2022 $3,574 $125,400 $24,360 $101,040
2021 $3,544 $125,400 $24,360 $101,040
2020 $3,306 $115,320 $24,360 $90,960
2019 $3,334 $115,320 $24,360 $90,960
2018 $3,306 $115,320 $24,360 $90,960
2017 $3,231 $115,320 $24,360 $90,960
2016 $3,176 $115,320 $24,360 $90,960
2015 $3,156 $115,320 $24,360 $90,960
2014 $3,066 $115,320 $24,360 $90,960
2013 $3,049 $115,320 $24,360 $90,960
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/05/2025 12/05/25 For Sale $700,000 0.0% $158 / Sq Ft
10/08/2024 10/08/24 Off Market $2,300 -- --
09/15/2024 09/15/24 For Rent $2,300 0.0% --
08/22/2024 08/22/24 Sold $540,000 +4.2% $122 / Sq Ft View Prior Sale
07/15/2024 07/15/24 Pending -- -- --
07/12/2024 07/12/24 For Sale $518,000 -- $117 / Sq Ft
Source: Maine Listings

Purchase History

Date Type Sale Price Title Company
Warranty Deed $540,000 None Available
Warranty Deed $540,000 None Available
Warranty Deed -- None Available
Warranty Deed -- None Available
Warranty Deed -- --
Warranty Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $498,798 FHA
Closed $498,798 FHA
Previous Owner $116,250 New Conventional
Source: Public Records

Source: Maine Listings

MLS Number: 1645736

Maine Listings

APN: LEWI-000174-000000-000095