78 Howard Street, Lewiston, ME 04240 (MLS # 1665292)

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!

Last Updated	6/4/2026	Year Built	1925
County	Androscoggin

Additional Details

AIR	None
BASEMENT	Full, Interior Entry, Unfinished, Yes
CONSTRUCTION	Frame, Vinyl Siding
HEAT	Baseboard
LOT	4792 sq ft
LOT DESCRIPTION	Level
LOT DIMENSIONS	0.11
MLS STATUS	Active
PARKING	Paved, Off Street, On Street
SEWER	Public Sewer
STORIES	3
STYLE	Other
TAXES	5015
UTILITIES	Natural Gas Available
WATER	Public

Location

 

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