$550,000

53 Lowell St Lewiston, ME 04240

Estimated payment $3,266/month

-- Bed
7 Baths
3,519 Sq Ft
$156 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
  • Assessor Parcel Number LEWI-000206-000000-000159

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: Residential Income
  • Lot Size Acres: 0.1
  • MLS Status: Active
  • Above Grade Finished Sq Ft: 3519.0
  • Architectural Style: New Englander, Other
  • Garage Yn: No
  • Unit Levels: Multi-Level
  • Year Built: 1851
  • Contract Information:List PriceSqFt: 156.29
  • Property Information:Seasonal: No
  • Water Info:Water View2: No
  • 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: 4356.0
  • Parcel #: LEWI-000206-000000-000159
  • Zoning: Downtown Development

Multi Family

  • Number Of Units Total: 7
  • Annual Gross Income: 78600.0
  • Annual Operating Expense: 25800.0

Tax Info

  • Tax Annual Amount: 3949.0
  • 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

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

Date Event Price List to Sale Price per 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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