78 Howard Street, Lewiston, ME 04240
Local realty services provided by:CENTURY 21 Barbara Patterson
78 Howard Street,Lewiston, ME 04240
$585,000
- - Beds
- 6 Baths
- 7,200 sq. ft.
- Multi-family
- Active
Office: keller williams realty
MLS#:1665292
Source:ME_MREIS
Price summary
- Price:$585,000
- Price per sq. ft.:$81.25
About this home
OPEN HOUSES - Friday the 5th, from 4:30 - 6pm and Saturday the 6th, from 11am - 12pm
Your next investment is already running smoothly.
It is time to let your money work for you - not the other way around! 78 Howard Street is the kind of deal every investor is looking for. Already under professional management, with many major expenses already taken care of. But not so upgraded that it has lost any potential for value add. A new investor can make a few light changes, fill vacancy, and step into potential increased equity.
Once filled at market rent you're looking at right around a 10% cap rate. The existing management team knows the property and wants to stay on. No hassle of interviewing management, trying to keep your records straight, or adding personnel to your current team to handle more units. At $585,000, this is an accessible entry point into Lewiston's growing rental market with a clear, low-effort path to full stabilization.
Schedule your showing today!
Contact an agent
Home facts
- Year built:1925
- Listing ID #:1665292
- Updated:June 11, 2026 at 02:43 AM
Rooms and interior
- Total bathrooms:6
- Full bathrooms:6
- Flooring:Wood
- Basement Description:Full, Interior Entry, Unfinished
- Living area:7,200 sq. ft.
Heating and cooling
- Heating:Baseboard, Gas Natural, Heating
Structure and exterior
- Roof:Flat
- Year built:1925
- Building area:7,200 sq. ft.
- Lot area:0.11 Acres
- Lot Features:Intown, Level
- Construction Materials:Vinyl Siding, Wood Frame
- Foundation Description:Brick/Mortar, Stone
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$585,000
- Price per sq. ft.:$81.25
- Tax amount:$5,015 (2026)
Parking
- Parking description:1 - 4 Spaces, Off street, On Street, Paved
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