Agent profile image in chat bubble
Agent profile image in chat header

Adam Dow

| The Dow Group | #1 Real Estate Team in New Hampshire

Agent profile image in message

280 Pine St , Lewiston, ME 04240
$495,000
Est. Payment: $1,100.00/mo
0 Bed
3 Bath
5355 Sqft
Status: Active | Days on site: 1
Get Pre-Qualified
1879 - 018951
By proceeding and clicking the sign up button, you consent to receive calls and texts (SMS/MMS) including marketing and promotional communications, from , its affiliates, and agents or vendors acting on their behalf. These communications may be delivered using an automatic telephone dialing system or by using an artificial or prerecorded voice. Message and data rates may apply. To opt out of text messages, reply STOP. Your consent is not required as a condition of any purchase. By continuing, you also agree to our Terms of Use and Privacy Policy.

House Description

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.

Highlights

Listed by Dustin Mallar , 207-513-0373 Maine Source Realty , 207-333-6001.

Property Type

Multi-Family

Lot/Acreage
0.15

Year Built

1922

County

Androscoggin

Listing ID

1680737

Questions about this listing?

Contact Agent

Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:3
  • Full Bathrooms:3
Appliances:Cable
Floor:Laminate,Vinyl,Wood,Linoleum
Above Ground Sq Ft:5355
Below Ground Sq Ft:0
Basement:Interior Entry,Full,Brick/Mortar
Other:
  • Additional:1st Floor Bedroom, Bathtub, In-Law Floorplan
Water:Public

Exterior Features

Lot:Intown,Sidewalks,Near Public Transit
Zoning:OR
Roof:Flat,Membrane
Sewer:Public Sewer
Parking Features:Gravel,5 - 10 Spaces,On Site
Principal Interest
$1,100
Taxes
$373

Home Price

$495,000

Loan Details

30 yrs
%

Down Payment

20%
$99,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$1,100.00

Principal

Taxes

Principal Taxes HOA Total
Monthly $1,100.00 $373.00 $0.00 $1,473.00
Yearly $13,200.00 $4,476.00 $0.00 $17,676.00
Total $396,000.00 $134,280.00 $0.00 $530,280.00

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

Never Miss a Property

Be the first to know when a property hits the market.

Current Listings

Last 30 Days
N/A
Sep 2026

Average Price

All Price Ranges
N/A
Sep 2026

Average Days on Market

All Price Ranges
N/A
Sep 2026
Market insight data is pulled from the same city as the listing being viewed (Lewiston, ME).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.