127 Howe Street, Lewiston, ME 04240 (MLS # 1660921)

We are pleased to present 127 Howe Street for sale - a five-unit market-rate multi-family asset located in the heart of downtown Lewiston, Maine. Comprising two detached wood-frame buildings on a 0.31± acre parcel, the property combines a strong in-place income stream with meaningful value-add upside through its substantial surplus land area. The property consists of a front building (three units, 2-3 stories) and a fully gut-renovated rear building (two units), constructed circa 1896 and extensively updated beginning in 2021. All five units are two-bedroom/one-bath configurations of varying sizes. Unit interiors are in good condition, with the rear building reflecting above-average condition following a complete renovation from the studs, including new plumbing, electrical, flooring, and modern bathroom tile surrounds. The front building has received select updates to flooring and mechanicals. The property presents a compelling combination of near-term income stability and longer-term development optionality - rare in the current Lewiston/Auburn multifamily market.

Last Updated	7/29/2026	Year Built	1896
County	Androscoggin

Additional Details

AIR	None
BASEMENT	Full, Interior Entry, Unfinished, Yes
CONSTRUCTION	Frame, Vinyl Siding
HEAT	Baseboard, Hot Water, Oil
INTERIOR	Storage
LOT	0.31 acre(s)
LOT DESCRIPTION	Level
LOT DIMENSIONS	0.31
MLS STATUS	Active Under Contract
PARKING	Paved, On Site
SEWER	Public Sewer
STYLE	Other
TAXES	3993
UTILITIES	Natural Gas Not Available
WATER	Public

Location

 

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