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89 Pine Street

Lewiston ME 04240

3
1541 sq. ft.
1742.4 sq. ft.
Multi-Family
Currently for sale - view listing

Overview

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.

Features

3 bathrooms
1541 sq. ft. floor area
1742.4 sq. ft. lot size
Multi-Family

Happy sellers in Lewiston

92%
92% of sellers in Lewiston reported that their sale price either exceeded or met their price expectations.

Lewiston stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 7 reviews in Lewiston over the last 12 months.

Local market activity for multi families in Lewiston

In the last 12 months, 73 multi families similar to 89 Pine Street, have been sold.

This represents a 26% increase in multi families sales when compared to the previous 12 months.

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