BEDS0
BATHS3 full
SQUARE FEET1,541
MLS#1685668
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
Property Description
Step into an established, cash-flowing investment at 89 Pine Street in Lewiston. This turnkey lodging house features five rental rooms and a separate one-bedroom apartment. Recent improvements include a new roof, new windows, electrical updates, and an alarm system installed in 2024, plus fresh paint throughout. An electric heat pump water heater is another practical upgrade, and the small refrigerators in each room convey with the sale. With rental income already in place, this ready-to-go property offers an opportunity to start or expand your investment portfolio. Income and expense information is available for review. The property is currently licensed as a lodging house; new owners must apply with the City of Lewiston for licensing to continue that use. Picture residents coming home to a comfortable space of their own, with the convenience of in-town living just outside the door.
Property Features
Property Type: Multi Unit - Multiple
Basement: Interior Entry, Dirt Floor, Brick/Mortar
Heating: Oil, Baseboard
Home Style: Rooming House
Lot Size: 0.04 Acres
Roof Type: Shingle
Taxes: $1,825
Year Built: 1880
Feature Descriptions
Amenities: 1st Floor Bedroom
Electric: Circuit Breakers
Exterior: Wood Frame, Vinyl Siding
Flooring: Vinyl, Hardwood
Foundation: Block, Brick/Mortar
Lot: Business District, Intown, Near Shopping, Near Turnpike/Interstate, Neighborhood, Level, Sidewalks, Near Public Transit
Parking: No Driveway, None, On Street
Road Surface: Paved
Sewer: Public Sewer
SQ FT Above Grade: 1541
SQ FT Below Grade: 0
Water: Public
Listed By / Shown By
Listed By
Agency Name: Hearth & Key Realty
Agency Contact: 2077133144
Shown By
Agency Title: Sprague and Curtis Real Estate
Agency Phone: 207-623-1123
Estimate Your Payment
Estimated Payment
$ 1,257.15 per month $977.02 Principal & Interest $152.08 Property Tax $128.04 Homeowner's Insurance
89 Pine Street | MLS# 1685668
This multi-family property located at 89 Pine Street, Lewiston, ME 04240 is currently listed for sale with an asking price of $439,000. Search Lewiston real estate on www.spragueandcurtis.com today.