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About the Listing 1795 - 023530
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.
Listing Highlights
Status
Pending
Days on Site
78
Property Type
Multi-Family
MLS ®
1660921
Year Built
1896
Total Square Footage
5,596
Lot/Acreage
0.31
County
Androscoggin
Interior Details
- Bedrooms: 0
- Bathrooms: 5 Full
- Appliances:
- Air Cond:
- Heating: Oil,Baseboard,Hot Water
- Fireplaces:
- Floor: Laminate
- Above Ground Sq Ft: 5596
- Below Ground Sq Ft: 0
- Basement: Interior Entry,Full,Unfinished
- Other: Storage
- Water: Public
Exterior Details
- Lot Description: Intown,Neighborhood,Level,Sidewalks
- Garage Capacity: N/A
- Zoning: DR
- Roof: Shingle
- Others:
- Sewer: Public Sewer
- Parking Features: Paved,On Site
Financial Details
- Tax Amount: $3,993
- Taxes w/Assessments: N/A
- Tax/Property ID: LEWI-000196-000000-000168
- Tax Year: 2025
Payment Calculator
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Questions About..
127 Howe St Lewiston, ME 04240
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