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  • $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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    $1,755/mo

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    $1,755/mo

    Rent Zestimate®

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    $3,144/mo

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    $3,144/mo

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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#: 1604003MLS Logo

    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

    DateEventPrice
    3/24/2025Sold$515,000-6.2%$82/sqft
    Source: Maine Listings #1604003
    12/21/2024Pending sale$549,000$87/sqft
    Source: Maine Listings #1604003
    11/29/2024Listed for sale$549,000$87/sqft
    Source: Maine Listings #1604003
    11/25/2024Contingent$549,000$87/sqft
    Source: Maine Listings #1604003
    11/13/2024Price change$549,000-7.7%$87/sqft
    Source: Maine Listings #1604003

    Public tax history

    Tax history is unavailable.

    Neighborhood: 04240

    Nearby schools

    GreatSchools rating
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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