154 Pine Street, Lewiston, ME, 04240 | $1,250,000

Discover an exceptional investment opportunity with this completely renovated 10-unit building in the heart of Lewiston, Maine. Ideal for the discerning investor, this property offers a hassle-free, turn-key solution with modern amenities and low maintenance demands. Property includes eight one-bedroom apartments, one three-bedroom unit and one well-appointed studio apartment. Renovations include comprehensive updates from studs in to studs out and roof to basement. Please see attached addendum for the extensive list of renovations.
The building was designed and built to have low maintenance and even lower expenses. Built with separate utilities, highly efficient heating and cooling heat pumps, as well as closed cell insulation on all outer walls, and Roxul insulation between every room for soundproofing. This investment property has been meticulously upgraded to ensure a superior living experience for tenants while minimizing upkeep for the owner. Each unit boasts contemporary finishes and functional layouts, making it a highly desirable residence in a thriving community.

Please note open showings on Wednesday 8/21 from noon-1: 30 PM. Please book your slot in ShowingTime.

Features

  • Amenities: 1st Floor Bedroom, Other, Shower
  • Baths: 10 full
  • Units: 10
  • Style: Garden, Multi-Level
  • Year Built: 1910
  • Heating: Multi-Zones, Heat Pump
  • Cooling: Heat Pump
  • Basement: Full, Interior Entry, Unfinished
  • Approx Sq. Feet: 4,580
  • Acreage: 0.1
  • Est. Taxes: $5,720
  • Lot Desc: Level, Open Lot, Sidewalks, Intown, Near Shopping, Near Turnpike/Interstate, Near Town
  • MLS#: 1600699
  • Website: https://www.raveis.com
    /prop/1600699/154pinestreet_lewiston_me?source=qrflyer
Listing data is derived in whole or in part from the Maine IDX & is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.
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Listing courtesy of Keller Williams Realty

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