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100 Blake Street, Lewiston, ME 04240

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For Sale

$600,000

6 baths • 6,936 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Other Residential
    Property type

  • $86.51
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

Excellent investment opportunity in the heart of downtown Lewiston! This fully occupied 6-unit multifamily is located in a federally designated Opportunity Zone, which may offer significant tax advantages for long-term investors verify with your CPA. The property features four 2-bedroom units and two 1-bedroom units, offering a solid unit mix for consistent rental income. Over the past four years, the current owners have invested more than $100,000 in updates, transforming the building from a distressed asset into a well maintained and stabilized investment. With strong professional management already in place, this is a true turnkey property, ideal for 1031 exchange buyers or those seeking to start or expand their portfolio. Lewiston's multifamily market is highly competitive, with few large multi-units properties available. Don't miss your chance to acquire a solid asset in one of Maine's fastest-moving rental markets. Schedule your private showing today. Group showing on Thursday, August 14th from 12pm to 2pm.
MLS# 1633697

Courtesy Of EXP REALTY LLC
PO Box 864, Rangeley, ME 04970
(888) 439-8743

Property Features

  • Age
    Over 50 Years Old
  • Architecture Style
    Other
  • Exterior Type
    Vinyl Siding
  • Floor Covering
    Carpet, Vinyl, Wood
  • Heating System
    Baseboard
  • Lot Size
    0.11 Acres
  • Roof Type
    Membrane

Map and Directions

Directions to 100 Blake Street, Lewiston, ME 04240

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Monthly Payment Breakdown

  • Principle and Interest
    $0
  • Property Taxes
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  • Hazard Insurance
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  • Private Mortgage Insurance
    $0
  • HOA Dues
    $0
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Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

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† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.