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"Come and explore the possibilities!"

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Multi-Family for Sale: 125 Pierce Street, Lewiston, ME 04240

6 full baths
$399,900
$399,900
125 Pierce Street, Lewiston, ME 04240
6 full baths
$399,900
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Price:
$399,900
Est. payment: Skip to Mortgage Calculator
Type Multi-Family
Style Cape, Multi-Level
Total Baths 6 full baths
Square Feet 5,734 sqft
Lot Size 0.10 acres
Year Built 1891
Taxes Paid $3,551
City Lewiston
County Androscoggin
MLS 1600170
Status Pending
DOM 36 days
125 Pierce St - Lucrative 6-Unit Investment with Owner-Occupancy Option Step into a rewarding investment opportunity with 125 Pierce St, a 6-unit property offering excellent cash flow potential. This versatile building is ideal for both seasoned investors and prospective owner-occupants seeking a stable and profitable asset. Key Features: Strong Cash Flow: Benefit from the reliable income generated by this property, with a solid track record of consistent rental revenue. Owner-Occupancy Opportunity: One unit is currently vacant, presenting the unique chance for you to live in the building while enjoying income from the other five units. Long-Term Tenants: Four of the units are occupied by tenants who have been renting for nearly a decade, reflecting the property's stability. Modern Safety Features: Each unit is equipped with its own dedicated electrical panel and new fire extinguishers, ensuring safety and convenience for all residents. This property offers a fantastic investment potential. Don't miss out on this exceptional opportunity at 125 Pierce St - secure your future and enhance your portfolio today!

Room Features

Basement Description Bulkhead, Unfinished, Interior Entry, Full, Exterior Entry

Lot & Building Features

Cooling None
Tax Year 2023
Taxes Paid $3,551

Unit Features

Unit 1 Full Baths 1
Unit 1 of Bedrooms 2
Unit 1 of Rooms 5
Unit 2 Full Baths 1
Unit 2 of Bedrooms 2
Unit 2 of Rooms 5
Unit 3 Full Baths 1
Unit 3 of Bedrooms 3
Unit 3 of Rooms 5
Unit 4 Full Baths 1
Unit 4 of Bedrooms 3
Unit 4 of Rooms 5
Unit 5 Full Baths 1
Unit 5 of Bedrooms 2
Unit 5 of Rooms 4
Unit 6 Full Baths 1
Unit 6 of Bedrooms 2
Unit 6 of Rooms 4

Price History of 125 Pierce Street, Lewiston, ME

Date Name Price Difference
08/13/2024 Listing Price $399,900 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.

Comparable Properties Sold Near By

Low
$510,000
$91 / sqft
Average
$510,000
$91 / sqft
High
$510,000
$91 / sqft
Address City Zip Beds Baths Price Sq. Ft. $/SQFT Sold Date
This Listing Lewiston 04240 0 6.0 $399,900 5,734 $70 N/A
53 Wood Street Lewiston 04240 0 6.0 $510,000 5,600 $91 08/02/2024

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Map of 125 Pierce Street, Lewiston, ME

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Listed by Maine Source Realty, Dustin Mallar 207-333-6001
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0.88797199299825%
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125 Pierce Street (MLS #1600170) is a cape, multi-level multi-family listing located in Lewiston, ME. This multi-family listing is 5,734 sqft and on a lot of 4,356 sqft (or 0.10 acres) and is 133 years old. This property was listed on 08/12/2024 and has been priced for sale at $399,900.

The multi-family listing at 53 Wood Street in Lewiston is nearby and sold for $510,000 on 08/02/2024.

Nearby zip codes are 04210, 04236, 04250, 04258 and 04280. This property neighbors other cities such as Auburn, Greene, Lisbon, Minot and Sabattus.

MREIS

Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation.

All information provided is deemed reliable but is not guaranteed and should be independently verified.

Listing information courtesy of: Maine Source Realty

Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, non-commercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. ©2024 Maine Real Estate Information System, Inc. All Rights Reserved. This web site does not display complete Maine Listings. Certain Maine Listings of other real estate brokerage firms have been excluded.