$600,000
47-49 Pierce Street
Lewiston
Listing Courtesy of
Keller Williams Realty
Open HouseSaturday, May 3, 2025, 3:00 PM to 5:00 PMSunday, May 4, 2025, 3:00 PM to 5:00 PM
47-49 Pierce Street, Lewiston, ME 04240
Offering a 10% cap rate, this 6-unit property is a rare find in the heart of downtown Lewiston. With three 3-bedroom units and three 4-bedroom units, the building boasts extra-large layouts that are always in demand — perfect for attracting long-term tenants and maximizing rental income.
The property features a new EPDM roof installed in 2018 and a large 15-space parking lot, providing both peace of mind and added convenience for tenants. Located just steps from downtown amenities, this building combines strong in-place cash flow with plenty of value-add potential for future equity growth.
Whether you're looking to expand your portfolio or break into one of Maine's busiest rental markets, this property checks all the boxes for savvy investors.
The property features a new EPDM roof installed in 2018 and a large 15-space parking lot, providing both peace of mind and added convenience for tenants. Located just steps from downtown amenities, this building combines strong in-place cash flow with plenty of value-add potential for future equity growth.
Whether you're looking to expand your portfolio or break into one of Maine's busiest rental markets, this property checks all the boxes for savvy investors.
Listing Courtesy of
Keller Williams Realty
DETAILS
- Listing Id1620617
- StatusActive
- TypeMulti-Family
- SeasonalNo
- Map / Lot195 / 527
- Book / Page9703 / 161-162
- Sq Ft Finished Above Grade7560
- Sq Ft Finished Total7560
- Total Baths6 / 0
- Waste Water DisposalPublic Sewer
- WaterPublic
- Heat SystemRadiator
- CoolingNone
- ElectricCircuit Breakers
- BasementFinished, Interior, Unfinished
- RoofFlat
- FloorsTile, Vinyl, Wood
- GarageNo
- Lot FeaturesIntown, Level, Sidewalks
- Parking Features11 - 20 Spaces, Common, Off Street, On Site
- Security FeaturesSecurity System
- StyleOther
- Water ViewNo
- Checked For UpdatesTuesday, April 29, 2025 at 7:31 PM
- IDX Listing UpdatedTuesday, April 29, 2025 at 2:30 PM
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