INVESTMENT OPPORTUNITY IN LEWISTON! Discover the potential at 280 Pine St, a three-unit multifamily property offering an excellent opportunity for investors seeking strong rental income and additional upside. The property features three fully occupied spacious 3-bedroom+ units, each currently renting for $2,000+ per month, producing $72,000+ in gross annual rental income. Each unit offers the convenience of dedicated laundry, along with its own covered porch. The property also includes a separate maintenance unit/storage area with a bathroom, offering additional utility and flexibility for ownership or property operations. The property does need some TLC, including vinyl siding repairs and remodeling, making this an attractive opportunity for an investor looking to improve the property and add value while maintaining an established income stream. With strong rents, multiple bedrooms per unit, dedicated laundry, covered porches, and additional storage space, 280 Pine St offers a compelling combination of current cash flow and future potential. Bring your vision and capitalize on the opportunity to improve and maximize this Lewiston multifamily property. *Property is being sold as-is and likely does not qualify for some loan types in its current condition. Interior photos were taken a year ago prior to currant tenancy.
Lot Features: Intown, Sidewalks, Near Public Transit
Waterfront: No
Construction Type: Wood Frame, Vinyl Siding
Foundation Details: Poured Concrete, Brick/Mortar
Patio And Porch Features: Porch
Roof: Flat, Membrane
Garage/Parking
Attached Garage: No
Parking Features: Gravel, 5 - 10 Spaces, On Site
Utilities
Laundry Features: Main Level, Upper Level, Washer Hookup
Cooling: None
Cooling Y N: No
Heating: Gas Natural, Hot Water, Radiant, Radiator
Heating Yn: Yes
Electric: On Site, Circuit Breakers
Sewer: Public Sewer
Water Source: Public
Condo/Co-op/Association
Association: No
Pets Allowed: No Restrictions
Lot Info
Land Lease: No
Lot Size Sq Ft: 6534.00
Zoning: OR
Multi Family
Number Of Units Total: 3
Annual Gross Income: 72000.00
Annual Operating Expense: 1.00
Tax Info
Tax Annual Amount: 4476.00
Tax Lot: 98
Tax Year: 2025
Map
Range of Values:
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Value Increase
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Percent Increase
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Adjusted for Inflation
Collateral Analytics
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Quantarium
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area
Source: Public Records
Average Home Value in this Area
Source: Public Records
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 AssessmentTax 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
$4,476
$136,560
$24,840
$111,720
2024
$4,339
$136,560
$24,840
$111,720
2023
$4,097
$136,560
$24,840
$111,720
2022
$3,892
$136,560
$24,840
$111,720
2021
$3,859
$136,560
$24,840
$111,720
2020
$3,915
$136,560
$24,840
$111,720
2019
$3,948
$136,560
$24,840
$111,720
2018
$3,915
$136,560
$24,840
$111,720
2017
$3,826
$136,560
$24,840
$111,720
2016
$3,761
$136,560
$24,840
$111,720
2015
$3,738
$136,560
$24,840
$111,720
2014
$3,631
$136,560
$24,840
$111,720
2013
$3,611
$136,560
$24,840
$111,720
Source: Public Records
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
09/15/202609/15/26
For Sale
$495,000
+330.4%
$92 / Sq Ft
10/29/201410/29/14
Sold
$115,000
-10.9%
$21 / Sq Ft
View Prior Sale
08/02/201408/02/14
Pending
--
--
--
07/18/201407/18/14
For Sale
$129,000
+100.0%
$24 / Sq Ft
06/13/201406/13/14
Sold
$64,500
-7.7%
$12 / Sq Ft
View Prior Sale
05/18/201405/18/14
Pending
--
--
--
05/14/201405/14/14
For Sale
$69,900
--
$13 / Sq Ft
Source: Maine Listings
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
Personal Reps Deed
--
None Available
Quit Claim Deed
--
--
Interfamily Deed Transfer
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Quit Claim Deed
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--
Source: Public Records
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.
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