Closed
$515,000
26 Webster Street, Lewiston, ME 04240
17beds
6,314sqft
Multi Family
Built in 1939
-- sqft lot
$530,200 Zestimate®
$82/sqft
$1,755 Estimated rent
Home value
$530,200
$451,000 - $620,000
$1,755/mo
Zestimate® history
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Owner options
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What's special
Introducing an exceptional investment opportunity in the heart of a thriving rental market: a 5-unit apartment building with impressive cash flow potential. This well-maintained property offers a robust rental income stream, making it an ideal addition to any real estate portfolio.
Situated in a dynamic neighborhood with strong demand for rental properties, this building benefits from a vibrant local market where vacancies are low and rental rates are on the rise. The area's steady economic growth and increasing population contribute to a favorable environment for landlords seeking reliable returns.
Each unit provides ample living space and functional layouts, ensuring broad appeal to a diverse range of tenants. With a touch of TLC, this property could see significant appreciation. Updating the interiors and enhancing common areas could not only increase the rental income but also elevate the property's overall value.
Whether you're a seasoned investor or just starting out, this property offers a solid foundation and promising upside. Take advantage of the current market trends and unlock the full potential of this high-cash-flow investment.
Zillow last checked: 8 hours ago
Listing updated: April 02, 2025 at 10:08am
Listed by:
Hearth & Key Realty 2072036579
Bought with:
Rockstar Real Estate
Source: Maine Listings,MLS#: 1604003
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 17
- Bathrooms: 5
- Full bathrooms: 5
Heating
- Baseboard
Cooling
- None
Features
- Flooring: Carpet, Vinyl, Wood
- Basement: Interior Entry,Full,Unfinished
Interior area
- Total structure area: 6,314
- Total interior livable area: 6,314 sqft
- Finished area above ground: 6,314
- Finished area below ground: 0
Property
Parking
- Total spaces: 1
- Parking features: Paved, 5 - 10 Spaces, On Site
- Attached garage spaces: 1
Features
- Levels: Multi/Split
- Stories: 3
- Patio & porch: Deck, Porch
Lot
- Size: 8,276 sqft
- Features: City Lot, Near Shopping, Near Turnpike/Interstate, Neighborhood, Level, Open Lot, Sidewalks
Details
- Zoning: DR
- Other equipment: DSL
Construction
Type & style
- Home type: MultiFamily
- Architectural style: New Englander,Other
- Property subtype: Multi Family
Materials
- Wood Frame, Vinyl Siding
- Foundation: Brick/Mortar
- Roof: Flat,Membrane,Pitched,Shingle
Condition
- Year built: 1939
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
| Date | Event | Price |
|---|---|---|
| 3/24/2025 | Sold | $515,000-6.2%$82/sqft |
Source: | ||
| 12/21/2024 | Pending sale | $549,000$87/sqft |
Source: | ||
| 11/29/2024 | Listed for sale | $549,000$87/sqft |
Source: | ||
| 11/25/2024 | Contingent | $549,000$87/sqft |
Source: | ||
| 11/13/2024 | Price change | $549,000-7.7%$87/sqft |
Source: | ||
Public tax history
Tax history is unavailable.
Neighborhood: 04240
Nearby schools
GreatSchools rating
- 2/10Farwell Elementary SchoolGrades: PK-6Distance: 0.6 mi
- 1/10Lewiston Middle SchoolGrades: 7-8Distance: 0.2 mi
- 2/10Lewiston High SchoolGrades: 9-12Distance: 0.4 mi

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Sell for more on Zillow
Get a free Zillow Showcase℠ listing and you could sell for .
$530,200
2% more+ $10,604
With Zillow Showcase(estimated)
$540,804
