125 Pierce ST, Lewiston, ME 04240
125 Pierce ST, Lewiston, ME 04240
125 Pierce ST, Lewiston, ME 04240
125 Pierce ST, Lewiston, ME 04240
125 Pierce ST, Lewiston, ME 04240
125 Pierce ST, Lewiston, ME 04240
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Listed by Franklin Katunda Realty ONE Group Next Level
$ 599,999
Est. payment | /mo

6 Baths

5,734 SqFt


Save
$ 599,999
Est. payment | /mo
Save

6 Baths

5,734 SqFt

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 5,734 sqft

Price per Sqft $104

MLS Listing ID 1687319

Full Baths 6

HOA Y/N No

Year Built 1891

Tax Year 2025

Lot Size 4,356 Sqft

Acres 0.1

Source Maine Listings

Land Area 5734

Property Description

Discover the exceptional appeal of this fully renovated 6-unit multifamily, conveniently located near a variety of stores, restaurants, and activities in town. This property is a standout for first-time and seasoned investors alike. Offered at an 11% cap rate, it offers the rare combination of a strong unit mix, turnkey condition, and 100% occupancy. The building has been updated inside and out, with new siding, a newer roof, and fully rebuilt porches and decks. Every unit features new cabinets and vanities, new bathroom tiling, new flooring, and fresh paint throughout. Enjoy a building where the heavy lifting is already done, all just moments from town conveniences. Whether you're searching for a hands-off addition to your portfolio or a well-maintained income property to build on, this building checks the boxes. Fully rented and ready for its next owner!

GROUP SHOWINGS TBD

Please provide a 24-48hr notice for all showings

Location

State ME

County Androscoggin

Zoning Downtown Res

Rooms

Basement Bulkhead, Interior Entry, Full, Unfinished

Interior

Interior Features Storage

Heating Oil, Baseboard, Hot Water, Zoned

Cooling None

Flooring Laminate, Vinyl, Wood

Equipment Internet Access Available

Exterior

Parking Features Gravel, Paved, 1 - 4 Spaces, Off Street

Roof Type Shingle

Garage No

Building

Lot Description Intown, Near Turnpike/Interstate, Level, Sidewalks

Entry Level Multi-Level

Foundation Stone, Brick/Mortar

Water Public

Architectural Style Cape Cod, Other

Level or Stories 3

Others

Tax ID LEWI-000196-000000-000095

Maine MLS (MREIS) IDX

Schools and Properties Nearby

Daniel Picard

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125 Pierce ST