Lewiston, ME 04240 126 Pierce Street
$624,999
25 more
Presented By: RE/MAX Riverside; 207-406-0063
Baths • 6
SQFT • 5,029
Home Details
This 6 unit multifamily investment offering includes two triple-deckers plus a neighboring lot currently used for extra off-street parking—Potentially buildable or could be sold off. Motivated seller, make an offer. Each unit is separately metered with new heat pumps, and heat pump hot water heaters, keeping operating costs predictable and efficient. Both buildings are fully lead-abated wit excellent cash flow and rental history with room for upward growth. Whether you're expanding your portfolio or looking for a high-yield investment, this property is a must-see!
Presented By: RE/MAX Riverside; 207-406-0063
Interior Features for 126 Pierce Street
Bathrooms
Half Baths0
Total Baths6
Other Interior Features
Above Grade Finished Area5029.0
Air Conditioning Y/NYes
BasementInterior, Full, Unfinished
Basement (Y/N)No
Below Grade Finished Area0.0
Fireplace Y/NNo
FlooringWood, Vinyl
Heating Y/NYes
Interior AmenitiesStorage
Laundry FeaturesWasher Hookup
Total Fireplaces
Total Stories3
General for 126 Pierce Street
Additional Parcels Y/NNo
Architectural StyleOther
Attached Garage No
Carport Y/NNo
CityLewiston
Construction MaterialsVinyl Siding, Other Exterior, Wood Frame
CoolingHeat Pump
CountyAndroscoggin
ElectricCircuit Breakers
Electric On Property Y/NNo
Full Baths6
Garage Spaces0.0
Garage Y/NNo
Gross Income80808.0
HOANo
HeatingHeat Pump
High School DistrictLewiston Public Schools
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Lot Size Square Feet9583.2
Lot Size UnitsAcres
MobileHomeRemainsYNNo
New ConstructionNo
Number Of Units Total6
Operating Expense32729.0
Pets AllowedBreed Restrictions
Property TypeMulti-Family
Property_sp_Information_co_Owner_sp_OccupiedNo
Rent Control Y/NNo
RoofFlat, Membrane, Pitched, Shingle, Tar/Gravel
Senior Community Y/NNo
SewerPublic Sewer
Standard StatusActive
StatusActive
Stories3
Tax Annual Amount4578.0
Tax Lot112 & 113
Tax Year2024
UtilitiesUtilities On
Waterfront Y/NNo
Year Built1893
ZoningDowntown Res
Exterior for 126 Pierce Street
Building Area Total5029.0
Crops Included Y/NNo
Foundation DetailsBrick/Mortar
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesLevel, Sidewalks, Intown, Near Shopping, Near Turnpike/Interstate, Near Town
Lot Size Acres0.22
Lot Size Area0.22
Lot Size SourcePublic Records
Open Parking Y/NNo
Other EquipmentInternet Access Available
Parking Features5 - 10 Spaces, Reclaimed, Off Street
SpaNo
Water SourcePublic
Additional Details
Price History
Morgan Camplin
Loan Officer