$525,000
PENDING $25K PRICE DROP

53 Lowell St Lewiston, ME 04240

Estimated payment $3,165/month

Total Views 876
-- Bed
7 Baths
3,519 Sq Ft
$149 Price per Sq Ft

Highlights

  • New Englander Architecture
  • Baseboard Heating
  • Wood Siding
  • No HOA
  • Open Lot
  • Carpet

About This Home

Great location with upside potential! Well-kept 7-unit, all studio apartments. Currently fully-occupied. Off-street parking. Efficient natural gas heat. Ideally located in a quiet residential area within walking distance to Central Maine Medical Center. Great opportunity for furnished or short-term rentals to accommodate hospital workers and/or visitors.

Listing Agent

Jon Leahy

J T Leahy Real Estate Listed on: 05/13/2026

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,949

Year Built

  • Built in 1851

Lot Details

  • 4,356 Sq Ft Lot
  • Open Lot

Parking

  • Paved Parking

Home Design

  • New Englander Architecture
  • Wood Frame Construction
  • Pitched Roof
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 7 Full Bathrooms
  • 3,519 Sq Ft Home
  • Multi-Level Property

Flooring

  • Carpet
  • Laminate

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Partial Basement
  • Doghouse Basement Entry

Utilities

  • No Cooling
  • Baseboard Heating
  • Hot Water Heating System

Listing and Financial Details

  • Tax Lot 159

Community Details

Overview

  • No Home Owners Association
  • 7 Units

Building Details

  • Operating Expense $25,800
  • Gross Income $78,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,949

Year Built

Built in 1851

Lot Details

4,356 Sq Ft Lot

Listing Details

  • Prop. Type: Multi-Family
  • Lot Size Acres: 0.1
  • MLS Status: Pending
  • Above Grade Finished Sq Ft: 3519.00
  • Architectural Style: New Englander, Other
  • Garage Yn: No
  • Unit Levels: Multi-Level
  • Year Built: 1851
  • Property Information:Seasonal: No
  • Water Info:Water View2: No
  • Location:Location: Near Town, Neighborhood
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Doghouse, Walk-Out Access, Finished, Full, Partial
  • Full Bathrooms: 7
  • Flooring: Carpet, Laminate

Exterior Features

  • Lot Features: Near Town, Neighborhood, Open Lot, Sidewalks
  • Waterfront: No
  • Construction Type: Wood Frame, Wood Siding
  • Roof: Pitched, Shingle

Garage/Parking

  • Attached Garage: No
  • Parking Features: Paved, 5 - 10 Spaces

Utilities

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

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 4356.00
  • Zoning: Downtown Development

Multi Family

  • Number Of Units Total: 7
  • Annual Gross Income: 78600.00
  • Annual Operating Expense: 25800.00

Tax Info

  • Tax Annual Amount: 3949.00
  • Tax Lot: 159
  • 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

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 $3,949 $120,470 $23,100 $97,370
2024 $3,827 $120,470 $23,100 $97,370
2023 $3,614 $120,470 $23,100 $97,370
2022 $3,433 $120,470 $23,100 $97,370
2021 $3,404 $120,470 $23,100 $97,370
2020 $3,454 $120,470 $23,100 $97,370
2019 $3,483 $120,470 $23,100 $97,370
2018 $3,454 $120,470 $23,100 $97,370
2017 $3,376 $120,470 $23,100 $97,370
2016 $3,318 $120,470 $23,100 $97,370
2015 $3,297 $120,470 $23,100 $97,370
2014 $3,203 $120,470 $23,100 $97,370
2013 $3,185 $120,470 $23,100 $97,370
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
06/29/2026 06/29/26 Pending -- -- --
06/11/2026 06/11/26 Price Changed $525,000 -4.5% $149 / Sq Ft
05/13/2026 05/13/26 For Sale $550,000 -- $156 / Sq Ft
Source: Maine Listings

Source: Maine Listings

MLS Number: 1661944

Maine Listings
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