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Listed by Bryan Plourde The Dunham Group
$ 775,000
Est. payment | /mo
5 Baths
5,596 SqFt
$ 775,000
Est. payment | /mo
5 Baths
5,596 SqFt
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 5,596 sqft
Price per Sqft $138
MLS Listing ID 1660921
Full Baths 5
HOA Y/N No
Year Built 1896
Tax Year 2025
Lot Size 0.310 Acres
Acres 0.31
Source Maine Listings
Land Area 5596
Property Description
We are pleased to present 127 Howe Street for sale - a five-unit market-rate multi-family asset located in the heart of downtown Lewiston, Maine. Comprising two detached wood-frame buildings on a 0.31± acre parcel, the property combines a strong in-place income stream with meaningful value-add upside through its substantial surplus land area.
The property consists of a front building (three units, 2-3 stories) and a fully gut-renovated rear building (two units), constructed circa 1896 and extensively updated beginning in 2021. All five units are two-bedroom/one-bath configurations of varying sizes. Unit interiors are in good condition, with the rear building reflecting above-average condition following a complete renovation from the studs, including new plumbing, electrical, flooring,
and modern bathroom tile surrounds. The front building has received select updates to flooring and mechanicals.
The property presents a compelling combination of near-term income stability and longer-term development optionality - rare in the current Lewiston/Auburn multifamily market.
The property consists of a front building (three units, 2-3 stories) and a fully gut-renovated rear building (two units), constructed circa 1896 and extensively updated beginning in 2021. All five units are two-bedroom/one-bath configurations of varying sizes. Unit interiors are in good condition, with the rear building reflecting above-average condition following a complete renovation from the studs, including new plumbing, electrical, flooring,
and modern bathroom tile surrounds. The front building has received select updates to flooring and mechanicals.
The property presents a compelling combination of near-term income stability and longer-term development optionality - rare in the current Lewiston/Auburn multifamily market.
Location
State ME
County Androscoggin
Zoning DR
Rooms
Basement Interior Entry
Interior
Heating Baseboard, Hot Water
Cooling None
Flooring Laminate
Exterior
Utilities Available Utilities On
Roof Type Shingle
Garage No
Building
Entry Level Multi-Level
Water Public
Architectural Style Other
Others
Tax ID LEWI-000196-000000-000168
Schools and Properties Nearby
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