Jennifer Hawley
Hearth & Key Realty
(207) 709-1375
42 Total Sales
3 in Lewiston
$263K - $375K Price Range
47 Pierce St Lewiston, ME 04240
Lewiston Area
--
Beds
6
Baths
7,560
Sq Ft
8,276
Sq Ft Lot
Highlights
- Wood Flooring
- Level Lot
- 4-minute walk to Kennedy Park
- No HOA
- Radiator
About This Home
As of June 2026Fully occupied 6-unit multifamily in Lewiston featuring a strong unit mix of (3) three-bedroom units and (3) four-bedroom units. Large layouts support consistent rental demand. The property is currently producing a 12% cap rate, offering immediate in-place cash flow with additional upside through rent growth and operational improvements. The building received a new EPDM roof in 2018 and includes a spacious on-site parking lot, further enhancing long-term stability. A solid value-add opportunity in a proven rental market.
Last Buyer's Agent
NON-MREIS AGENT
Non MREIS Agency
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Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,078
Year Built
- Built in 1881
Lot Details
- 8,276 Sq Ft Lot
- Level Lot
Home Design
- Flat Roof Shape
- Wood Frame Construction
- Vinyl Siding
Interior Spaces
- 6 Full Bathrooms
- 7,560 Sq Ft Home
- Multi-Level Property
- Unfinished Basement
- Interior Basement Entry
Flooring
- Wood
- Tile
- Vinyl
Parking
- Common or Shared Parking
- Paved Parking
- On-Site Parking
- Off-Street Parking
Location
- City Lot
Utilities
- No Cooling
- Radiator
- Heating System Uses Natural Gas
Listing and Financial Details
- Tax Lot 527
Community Details
Overview
- No Home Owners Association
- 6 Units
Building Details
- Operating Expense $53,525
- Gross Income $122,400
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Lewiston, ME
-
Jennifer Hawley
-
Kamal Perkins
Kamal Perkins
Landing Real Estate
(207) 515-8244
116 Total Sales
1 in Lewiston
$450,000 Price
-
Maura Gammans
Maura Gammans
Better Homes & Gardens Real Estate/The Masiello Group
(207) 707-3316
34 Total Sales
1 in Lewiston
$285,000 Price
-
Kelly Walker
Kelly Walker
Responds QuicklyPortside Real Estate Group
(207) 405-0841
68 Total Sales
2 in Lewiston
$270K - $350K Price Range
-
Pressley Lawrence
Pressley Lawrence
Ferraro Realty LLC
(207) 705-0661
42 Total Sales
8 in Lewiston
$150K - $527K Price Range
-
Julie Rosenthal
Julie Rosenthal
Portside Real Estate Group
(207) 503-2620
127 Total Sales
1 in Lewiston
$639,000 Price
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $486,668 | -- | ||
| 47 Pierce St Llc | -- | -- | |
| Pierce & Pine Llc | -- | -- |
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.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | $56,640 | ||
| Previous Owner | -- | $37,500 | |
| Previous Owner | Sistine Llc | $1,069,768 |
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 |
|---|---|---|---|---|
| 06/04/2026 06/04/26 | Sold | $486,668 | -15.4% | $64 / Sq Ft |
| 03/18/2026 03/18/26 | Pending | -- | -- | -- |
| 02/25/2026 02/25/26 | For Sale | $575,000 | -- | $76 / Sq Ft |
Source: Maine Listings
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 | $5,078 | $154,900 | $21,840 | $133,060 |
| 2024 | $3,967 | $124,870 | $21,840 | $103,030 |
| 2023 | $3,746 | $124,870 | $21,840 | $103,030 |
| 2022 | $3,559 | $124,870 | $21,840 | $103,030 |
| 2021 | $3,529 | $124,870 | $21,840 | $103,030 |
| 2020 | $3,580 | $124,870 | $21,840 | $103,030 |
| 2019 | $3,610 | $124,870 | $21,840 | $103,030 |
| 2018 | $3,580 | $124,870 | $21,840 | $103,030 |
| 2017 | $3,499 | $124,870 | $21,840 | $103,030 |
| 2016 | $3,439 | $124,870 | $21,840 | $103,030 |
| 2015 | $3,418 | $124,870 | $21,840 | $103,030 |
| 2014 | $3,320 | $124,870 | $21,840 | $103,030 |
| 2013 | $3,302 | $124,870 | $21,840 | $103,030 |
Source: Public Records
Agents Affiliated with this Home
-
Tyler Stewart
TS
Seller's Agent in 2026
Tyler Stewart
Elevate Maine Realty
(207) 213-7644
22 Total Sales
-
NA
Buyer's Agent in 2026
NON-MREIS AGENT
Non MREIS Agency
Map
Source: Maine Listings
MLS Number: 1652671
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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