$450,000

5 Cottage St Lewiston, ME 04240

Estimated payment $2,779/month

Total Views 584
-- Bed
4 Baths
4,990 Sq Ft
$90 Price per Sq Ft

Highlights

  • Property is near public transit
  • Baseboard Heating
  • Level Lot
  • No HOA
  • 1 Car Garage
  • Wood Siding

About This Home

Spacious four-unit building featuring three 2-bedroom units and one 1-bedroom unit. Conveniently located near downtown, shopping, restaurants, and local amenities. Ample off-street parking available for tenants and guests. Solid rental history. Each unit with dedicated electrical.

Listing Agent

Bruce Kaplan

Keller Williams Realty Listed on: 05/22/2026

Keller Williams Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,674

Year Built

  • Built in 1940

Lot Details

  • 10,454 Sq Ft Lot
  • Level Lot
  • Open Lot

Parking

  • 1 Car Garage
  • On-Street Parking
  • Off-Street Parking

Home Design

  • Flat Roof Shape
  • Brick Foundation
  • Wood Frame Construction
  • Wood Siding

Interior Spaces

  • 4 Full Bathrooms
  • 4,990 Sq Ft Home
  • 2-Story Property

Flooring

  • Carpet
  • Vinyl

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Location

  • Property is near public transit
  • City Lot

Utilities

  • No Cooling
  • Radiator
  • Baseboard Heating
  • Hot Water Heating System

Listing and Financial Details

  • Tax Lot 58
  • Assessor Parcel Number LEWI-000194-000000-000058

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Pet Policy

  • Pets Allowed

Building Details

  • Operating Expense $19,484
  • Gross Income $70,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,674

Year Built

Built in 1940

Lot Details

10,454 Sq Ft Lot

Parking

1

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.24
  • Road Surface Type: Paved
  • MLS Status: Active
  • Directions: Main St, Whipple St, Cottage St
  • Above Grade Finished Sq Ft: 4990.0
  • Architectural Style: Other
  • Garage Yn: Yes
  • Unit Levels: Multi-Level
  • Building Stories: 2
  • Year Built: 1940
  • Contract Information:List PriceSqFt: 90.18
  • Property Information:Seasonal: No
  • Water Info:Water View2: No
  • Property Information:Deed Restrictions: Unknown
  • Property Information 2 Detached Houses on 1 Lot: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Has Basement: Interior Entry, Full, Unfinished
  • Full Bathrooms: 4
  • Flooring: Carpet, Vinyl

Exterior Features

  • Lot Features: Intown, Neighborhood, Level, Open Lot, Near Public Transit
  • Waterfront: No
  • Construction Type: Wood Frame, Wood Siding
  • Foundation Details: Brick/Mortar
  • Roof: Flat

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: Paved, 5 - 10 Spaces, Off Street, On Street

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Gas Natural, Baseboard, Hot Water, Radiator
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Utilities: Utilities On
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Pets Allowed: No Restrictions

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 10454.4
  • Parcel #: LEWI-000194-000000-000058
  • Zoning: residential

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 70800.0
  • Annual Operating Expense: 19484.0

Tax Info

  • Tax Annual Amount: 4674.0
  • Tax Lot: 58
  • Tax Year: 2025

Map

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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 $4,674 $142,600 $18,960 $123,640
2024 $4,530 $142,600 $18,960 $123,640
2023 $4,278 $142,600 $18,960 $123,640
2022 $4,064 $142,600 $18,960 $123,640
2021 $4,030 $142,600 $18,960 $123,640
2020 $4,088 $142,600 $18,960 $123,640
2019 $2,784 $96,300 $18,960 $77,340
2018 $2,761 $96,300 $18,960 $77,340
2017 $2,698 $96,300 $18,960 $77,340
2016 $2,652 $96,300 $18,960 $77,340
2015 $2,636 $96,300 $18,960 $77,340
2014 $2,561 $96,300 $18,960 $77,340
2013 $2,546 $96,300 $18,960 $77,340
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/22/2026 05/22/26 For Sale $450,000 +119.5% $90 / Sq Ft
01/24/2020 01/24/20 Sold $205,000 +2.5% $41 / Sq Ft View Prior Sale
12/06/2019 12/06/19 Pending -- -- --
12/06/2019 12/06/19 For Sale $200,000 +83.5% $40 / Sq Ft
12/27/2012 12/27/12 Sold $109,000 -15.5% $35 / Sq Ft View Prior Sale
10/23/2012 10/23/12 Pending -- -- --
12/06/2011 12/06/11 For Sale $129,000 -- $41 / Sq Ft
Source: Maine Listings

Source: Maine Listings

MLS Number: 1662825

Maine Listings
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