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37 Union Street, Lewiston, ME 04240

Lewiston
Local realty services provided by:CENTURY 21 Barbara Patterson
37 Union Street,Lewiston, ME 04240
$999,000
  • - Beds
  • 10 Baths
  • 14,400 sq. ft.
  • Multi-family
  • Active
Office: keller williams realty
MLS#:1667692
Source:ME_MREIS

Price summary

  • Price:$999,000
  • Price per sq. ft.:$69.38

About this home

Turnkey 10-unit investment opportunity in the heart of Lewiston. 37 Union Street has undergone an extensive renovation, with all ten apartments receiving significant interior updates including new flooring, updated kitchens, renovated bathrooms, fresh finishes, and modernized living spaces. The unit mix offers a strong blend of 1-bedroom, 2-bedroom, and 3-bedroom apartments, providing broad tenant appeal and helping reduce vacancy risk. Beyond the cosmetic improvements, major capital expenditures have already been completed. The property features two brand-new heating systems, two new hot water heaters, and a roof that has been professionally inspected and deemed to be in good condition. Investors can take comfort knowing many of the costly deferred maintenance items have already been addressed. Currently generating $12,613 per month in rental income, this asset offers immediate cash flow with the potential benefits of a fully stabilized and updated building. Many of the...

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Home facts

  • Year built:1916
  • Listing ID #:1667692
  • Updated:June 17, 2026 at 11:55 PM

Rooms and interior

  • Total bathrooms:10
  • Full bathrooms:10
  • Flooring:Vinyl, Wood
  • Basement Description:Finished, Interior Entry, Partial, Unfinished
  • Living area:14,400 sq. ft.

Heating and cooling

  • Heating:Baseboard, Gas Natural, Heating

Structure and exterior

  • Roof:Flat, Membrane
  • Year built:1916
  • Building area:14,400 sq. ft.
  • Lot area:0.12 Acres
  • Lot Features:Level, Near Town, Near Turnpike/Interstate, Neighborhood, Open Lot
  • Construction Materials:Vinyl Siding, Wood Frame
  • Levels:Multi Level

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$999,000
  • Price per sq. ft.:$69.38
  • Tax amount:$6,454 (2025)

Parking

  • Parking description:Gravel, Off street
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