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Listed by David Marshall EXP Realty
$ 525,000
Est. payment /mo
Active Under Contract
100 Blake ST Lewiston, ME 04240
6 Baths
6,936 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active Under Contract
Purchase Type For Sale
Square Footage 6,936 sqft
Price per Sqft $75
MLS Listing ID 1633697
Full Baths 6
HOA Y/N No
Year Built 1901
Tax Year 2025
Lot Size 4,791 Sqft
Acres 0.11
Source Maine Listings
Land Area 6936
Property Description
Excellent investment opportunity in the heart of downtown Lewiston. This fully occupied 6-unit multifamily is located in a federally designated Opportunity Zone, which may offer significant tax advantages for long-term investment strategies -- verify with your CPA.
The property features one 3-bedroom unit, four 2-bedroom units, and one 1-bedroom unit, offering a solid unit mix for consistent rental income. Over the past four years, the current owners have invested more than $100,000 in updates, transforming the building from a distressed asset into a well maintained and stabilized investment.
With strong professional management already in place, this is a true turnkey property well suited for 1031 exchange transactions or portfolio expansion. Lewiston's multifamily market is highly competitive with few large multi-unit properties available.
A rare opportunity to acquire a solid asset in one of Maine's fastest-moving rental markets. Schedule a private showing today.
The property features one 3-bedroom unit, four 2-bedroom units, and one 1-bedroom unit, offering a solid unit mix for consistent rental income. Over the past four years, the current owners have invested more than $100,000 in updates, transforming the building from a distressed asset into a well maintained and stabilized investment.
With strong professional management already in place, this is a true turnkey property well suited for 1031 exchange transactions or portfolio expansion. Lewiston's multifamily market is highly competitive with few large multi-unit properties available.
A rare opportunity to acquire a solid asset in one of Maine's fastest-moving rental markets. Schedule a private showing today.
Location
State ME
County Androscoggin
Zoning DR
Direction GPS
Rooms
Basement Interior Entry
Interior
Heating Baseboard, Hot Water
Cooling None
Flooring Carpet, Vinyl, Wood
Exterior
Roof Type Flat,Membrane
Garage No
Building
Entry Level Multi-Level
Water Public
Architectural Style Other
Others
Tax ID LEWI-000195-000000-000537
