280 Pine Street, Lewiston, ME 04240 (MLS # 1680737)

Price $495,000
Status Active
Beds 0
Baths 3 Baths
Home size 5,355 sqft
Lot Size 6,534 sqft
INVESTMENT OPPORTUNITY IN LEWISTON! Discover the potential at 280 Pine St, a three-unit multifamily property offering an excellent opportunity for investors seeking strong rental income and additional upside. The property features three fully occupied spacious 3-bedroom+ units, each currently renting for $2,000+ per month, producing $72,000+ in gross annual rental income. Each unit offers the convenience of dedicated laundry, along with its own covered porch. The property also includes a separate maintenance unit/storage area with a bathroom, offering additional utility and flexibility for ownership or property operations. The property does need some TLC, including vinyl siding repairs and remodeling, making this an attractive opportunity for an investor looking to improve the property and add value while maintaining an established income stream. With strong rents, multiple bedrooms per unit, dedicated laundry, covered porches, and additional storage space, 280 Pine St offers a compelling combination of current cash flow and future potential. Bring your vision and capitalize on the opportunity to improve and maximize this Lewiston multifamily property. *Property is being sold as-is and likely does not qualify for some loan types in its current condition. Interior photos were taken a year ago prior to currant tenancy.
Property Type(s): Multi Family
Last Updated 9/15/2026 Year Built 1922
County Androscoggin

Additional Details

AIR None
APPLIANCES Water Heater
BASEMENT Full, Interior Entry, Yes
CONSTRUCTION Frame, Vinyl Siding
HEAT Hot Water, Radiant
INTERIOR In-Law Floorplan
LOT 6534 sq ft
LOT DESCRIPTION Near Public Transit
LOT DIMENSIONS 0.15
MLS STATUS Active
PARKING Gravel, On Site
SEWER Public Sewer
STYLE Other
TAXES 4476
UTILITIES Natural Gas Available, Cable Available
WATER Public
Listing provided by Maine Source Realty

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