280 Pine Street, Lewiston, ME 04240
Local realty services provided by:CENTURY 21 Barbara Patterson
280 Pine Street,Lewiston, ME 04240
$495,000
- - Beds
- 3 Baths
- 5,355 sq. ft.
- Multi-family
- Active
Office: maine source realty
MLS#:1680737
Source:ME_MREIS
Price summary
- Price:$495,000
- Price per sq. ft.:$92.44
About this home
INVESTMENT OPPORTUNITY IN LEWISTON! Discover the potential at 280 Pine St, a three-unit multifamily property offering an excellent opportunity for investors seeking strong rental income and additional upside. The property features three fully occupied spacious 3-bedroom+ units, each currently renting for $2,000+ per month, producing $72,000+ in gross annual rental income. Each unit offers the convenience of dedicated laundry, along with its own covered porch. The property also includes a separate maintenance unit/storage area with a bathroom, offering additional utility and flexibility for ownership or property operations. The property does need some TLC, including vinyl siding repairs and remodeling, making this an attractive opportunity for an investor looking to improve the property and add value while maintaining an established income stream. With strong rents, multiple bedrooms per unit, dedicated laundry, covered porches, and additional storage space, 280 Pine St offers a compelling combination of current cash flow and future potential. Bring your vision and capitalize on the opportunity to improve and maximize this Lewiston multifamily property. *Property is being sold as-is and likely does not qualify for some loan types in its current condition. Interior photos were taken a year ago prior to currant tenancy....
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Home facts
- Year built:1922
- Listing ID #:1680737
- Updated:November 03, 2026 at 11:42 AM
Rooms and interior
- Total bathrooms:3
- Full bathrooms:3
- Flooring:Laminate, Linoleum, Vinyl, Wood
- Bathrooms Description:Bathtub
- Bedroom Description:1st Floor Bedroom
- Basement Description:Brick/Mortar, Full, Interior Entry
- Living area:5,355 sq. ft.
Heating and cooling
- Heating:Gas Natural, Heating, Hot Water, Radiant, Radiator
Structure and exterior
- Roof:Flat, Membrane
- Year built:1922
- Building area:5,355 sq. ft.
- Lot area:0.15 Acres
- Lot Features:Intown, Near Public Transit, Sidewalks
- Construction Materials:Vinyl Siding, Wood Frame
- Exterior Features:Porch
- Foundation Description:Brick/Mortar, Poured Concrete
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$495,000
- Price per sq. ft.:$92.44
- Tax amount:$4,476 (2025)
Features and amenities
- Laundry features:Main Level, Upper Level, Washer Hookup
- Amenities:In-Law Floorplan
Parking
- Parking description:5 - 10 Spaces, Gravel, On Site
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