Investor & Contractor Special - Unlock the Potential! This is a fantastic opportunity for savvy investors, flippers, or contractors looking for their next project. Located next to a small city park with river views, this multi-unit building offers great bones and serious upside for the right buyer. The first floor has been completely gutted. It's a blank slate waiting for your finishing touches. Whether you're planning another base rental unit or custom owner-occupied space, all the demo work is already done, saving you time and money. The second and third floors were recently rented and require some cosmetic updates to bring them up to rentable standards. With some light TLC... cleaning, painting, etc, you could have two income-producing units up and running quickly, while finishing the first floor at your own pace. Please note: This property will not qualify for conventional financing. It's best suited for buyers using cash, hard money, or private capital. With the right vision, this could be a high-yield rental, a smart flip, or a long-term hold with excellent equity potential. Properties with this kind of value-add opportunity don't last long—schedule your showing today and see the potential for yourself! (Please note some pics are from when the building was previously rented)
Pending
Price cut: $15.1K (7/19)
$179,900
280 Lincoln Street, Lewiston, ME 04240
8beds
2,554sqft
Est.:
Multi Family
Built in 1891
-- sqft lot
$-- Zestimate®
$70/sqft
$-- HOA
What's special
Blank slateMulti-unit buildingCosmetic updates
- 52 days
- on Zillow |
- 296 |
- 9 |
Zillow last checked: 7 hours ago
Listing updated: August 04, 2025 at 03:01pm
Listed by:
Spectrum Real Estate
Source: Maine Listings,MLS#: 1629380

Travel times
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Baseboard
Cooling
- None
Features
- 1st Floor Bedroom, Bathtub, One-Floor Living
- Flooring: Wood, Vinyl, Laminate, Carpet
- Windows: Double Pane Windows
- Basement: Walk-Out Access,Exterior Only,Unfinished
- Has fireplace: No
Interior area
- Total structure area: 2,554
- Total interior livable area: 2,554 sqft
- Finished area above ground: 2,554
- Finished area below ground: 0
Property
Parking
- Parking features: 1 - 4 Spaces, Gravel, On Site, Off Street
Features
- Levels: Multi/Split
- Patio & porch: Deck, Porch, Screened
- Body of water: Androscoggin River
Lot
- Size: 2,613.6 Square Feet
- Features: Open Lot, Level, Sidewalks, City Lot, Near Turnpike/Interstate, Near Town, Near Public Transit
Details
- Parcel number: LEWIM209L048
- Zoning: RESI
- Other equipment: Internet Access Available
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Other
- Property subtype: Multi Family
Materials
- Vinyl Siding, Wood Frame
- Foundation: Block, Concrete Perimeter, Brick/Mortar
- Roof: Metal
Condition
- Year built: 1891
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Utilities On
Community & HOA
Location
- Region: Lewiston
Financial & listing details
- Price per square foot: $70/sqft
- Tax assessed value: $73,140
- Annual tax amount: $2,324
- Date on market: 7/7/2025
- Road surface type: Paved
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