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  • $585,000

    119 Pierce Street, Lewiston, ME 04240

    18beds
    5,134sqft
    Multi Family
    Built in 1921
    -- sqft lot
    $682,800 Zestimate®
    $114/sqft
    $1,179 Estimated rent

    Home value

    $682,800

    $621,000 - $751,000

    $1,179/mo

    Zestimate® history
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    Owner options

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    $1,179/mo

    Rent Zestimate®

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    $3,583/mo

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    What's special

    Huge cash flowing 3 unit + a single family house for additional income or occupancy. This is a 3-unit with 5 (FIVE!) bedrooms and 2 baths in each unit. PLUS a HOUSE with 3bds/1.5 baths. The house is vacant and ready to be rented for income or used by an owner occupant. Fully occupied income yields a cap rate over 11%.

    Zillow last checked: 7 hours ago

    Listing updated: January 14, 2025 at 07:05pm

    Listed by:

    Vitalius Real Estate Group, LLC

    Bought with:

    Fontaine Family-The Real Estate Leader

    Source: Maine Listings,MLS#: 1565303MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 18
    • Bathrooms: 8
    • Full bathrooms: 7
    • 1/2 bathrooms: 1
    Heating
    • Forced Air, Hot Water
    Cooling
    • None
    Features
    • Flooring: Tile, Vinyl, Wood
    • Basement: Interior Entry,Unfinished
    Interior area
    • Total structure area: 5,134
    • Total interior livable area: 5,134 sqft
    • Finished area above ground: 5,134
    • Finished area below ground: 0

    Property

    Parking
    • Parking features: Gravel, 5 - 10 Spaces
    Features
    • Levels: Multi/Split
    Lot
    • Size: 4,791 sqft
    • Features: City Lot, Near Turnpike/Interstate, Near Town, Level, Open Lot, Sidewalks
    Details
    • Parcel number: LEWIM196L096
    • Zoning: DR

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Other
    • Property subtype: Multi Family
    Materials
    • Wood Frame, Asbestos, Vinyl Siding
    • Roof: Flat,Shingle
    Condition
    • Year built: 1921

    Utilities & green energy

    • Electric: Circuit Breakers
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Utilities On

    Community & neighborhood

    Location
    • Region: Lewiston

    Other

    Other facts
    • Road surface type: Paved

    Price history

    DateEventPrice
    8/28/2023Sold$585,000+17.2%$114/sqft
    Source: Maine Listings #1565303 Report a problem
    7/21/2023Pending sale$499,000$97/sqft
    Source: Maine Listings #1565303 Report a problem
    7/14/2023Listed for sale$499,000$97/sqft
    Source: Maine Listings #1565303 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$3,355 +5.9%$105,600
    2023$3,168 +5.2%$105,600
    2022$3,010 +0.9%$105,600

    Find assessor info on the county website

    Neighborhood: 04240

    Nearby schools

    GreatSchools rating
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    $682,800
    2% more
    +$13,656
    With Zillow Showcase(estimated)
    $696,456