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  • $625,000

    12-14 College Street, Lewiston, ME 04240

    14beds
    6,240sqft
    Multi Family
    Built in 1886
    -- sqft lot
    $-- Zestimate®
    $100/sqft
    $1,188 Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    $1,188/mo

    Zestimate® history
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    $1,188/mo

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    $3,891/mo

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    What's special

    New sidingNew furnace
    Located in Lewiston, this well-maintained 6-unit multifamily property presents a strong opportunity for investors seeking immediate cash flow and long-term stability. The building has undergone significant upgrades, including new siding, a new furnace, and cosmetic improvements across all units. Currently profitable with a high cap rate, this asset stands out as a solid buy-and-hold investment in today's market. Two units are currently vacant with leasing, making the property easy to show. Once those units are leased, the monthly rent roll will exceed $9,000. The property is professionally managed by Simplified Management and management is willing to continue services for the new owner if desired. With major systems already updated and income potential in place, this is an attractive, turnkey investment opportunity for anyone looking to get started or add to an existing portfolio.

    Zillow last checked:

    Listing updated:

    Listed by:

    EXP Realty

    Bought with:

    Portside Real Estate Group

    Source: Maine Listings,MLS#: 1655365MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 14
    • Bathrooms: 6
    • Full bathrooms: 6
    Heating
    • Hot Water, Zoned
    Cooling
    • None
    Features
    • Flooring: Carpet, Tile, Vinyl, Wood
    • Basement: Interior Entry,Full,Unfinished
    Interior area
    • Total structure area: 6,240
    • Total interior livable area: 6,240 sqft
    • Finished area above ground: 6,240
    • Finished area below ground: 0

    Property

    Parking
    • Parking features: Gravel, 1 - 4 Spaces
    Features
    • Levels: Multi/Split
    • Stories: 3
    Lot
    • Size: 4,356 sqft
    • Features: City Lot, Neighborhood, Level, Sidewalks
    Details
    • Parcel number: 1214College StreetLewiston195485
    • Zoning: CV

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Other
    • Property subtype: Multi Family
    Materials
    • Wood Frame, Asbestos
    • Foundation: Brick/Mortar
    • Roof: Flat,Shingle,Tar/Gravel
    Condition
    • Year built: 1886

    Utilities & green energy

    • Electric: Circuit Breakers
    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Location
    • Region: Lewiston

    Other

    Other facts
    • Road surface type: Paved

    Price history

    DateEventPrice
    6/30/2026Sold$625,000-6.7%$100/sqft
    Source: Maine Listings #1655365 Report a problem
    4/30/2026Pending sale$669,900$107/sqft
    Source: Maine Listings #1655365 Report a problem
    4/15/2026Listing removed$1,600
    Source: Zillow Rentals Report a problem
    4/7/2026Price change$669,900-1.5%$107/sqft
    Source: Maine Listings #1655365 Report a problem
    3/25/2026Listed for sale$680,000$109/sqft
    Source: Maine Listings #1655365 Report a problem
    1/13/2026Listed for rent$1,600-15.8%
    Source: Zillow Rentals Report a problem
    10/21/2025Listing removed$1,900
    Source: Zillow Rentals Report a problem
    10/18/2025Listed for rent$1,900
    Source: Zillow Rentals Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: 04240

    Nearby schools

    GreatSchools rating
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