100 Blake Street, Lewiston, ME 04240

$550,000
Property Type: Multi-Family Baths: 6 Square Footage: 6,936 Lot Size (sq. ft.): 4,792 Status: Active
Current Price: $550,000 List Date: 3/01/2026 Last Modified: 3/05/2026

Description

Excellent investment opportunity in the heart of downtown Lewiston! This fully occupied 6-unit multifamily is located in a federally designated Opportunity Zone, which may offer significant tax advantages for long-term investors—verify with your CPA. The property features four 2-bedroom units and two 1-bedroom units, offering a solid unit mix for consistent rental income. Over the past four years, the current owners have invested more than $100,000 in updates, transforming the building from a distressed asset into a well maintained and stabilized investment. With strong professional management already in place, this is a true turnkey property, ideal for 1031 exchange buyers or those seeking to start or expand their portfolio. Lewiston's multifamily market is highly competitive, with few large multi-units properties available. Don't miss your chance to acquire a solid asset in one of Maine's fastest-moving rental markets. Schedule your private showing today. Group showing on Thursday, August 14th from 12pm to 2pm.

Supplements: ********

More Information MLS# 1633697

Location Information

Book: 11047 Leased Land: No Page: 14-15 Map: 195 Lot: 537 Zoning Overlay: Yes Association: No Tree Growth Y/N: No Street #: 100 Street Name: Blake Street Type: Street County: Androscoggin Town: Lewiston State/Province: ME Zip Code: 04240 Zoning: DR Full Tax Amount $: 4346 Tax Year: 2025 Geo Lat: 44.096997 Geo Lon: -70.212996

Property Information

Surveyed: Unknown Seasonal: No Number of Units: 6 Lot Size Acres +/-: 0.11 Total Baths: 6 Total Half Baths: 0 SqFt Finished Above Grade: 6936 SqFt Finished Below Grade: 0 SqFt Source: Public Records Garage: No Total Full Baths: 6 Year Built: 1901 SqFt Finished Total: 6936 Source of Acreage: Public Records

Levels

Multi-Level: 1

Site

Open: 1

Location

Neighborhood: 1

Roads

Paved: 1 Public: 1

Water Info

Water Frontage: No Water View: No

Style

Other: 1

Construction

Wood Frame: 1

Basement

Brick/Mortar: 1 Full: 1 Unfinished: 1

Foundation Materials

Brick/Mortar: 1

Exterior

Vinyl Siding: 1

Roof

Flat: 1 Membrane: 1

Heat System

Baseboard: 1 Hot Water: 1

Heat Fuel

Gas Natural: 1

Income & Expenses

Gross Income: 75264 Operating Expenses: 27024

Cooling

None: 1

Floors

Carpet: 1 Vinyl: 1 Wood: 1

Units

# of 1 BD Units: 2 # of 2 BD Units: 4

Parking

1 - 4 Spaces: 1

Unit 1

Lease: No Level: First Security Deposit: Yes Monthly Rent: 1100 # Full Baths: 1 # of Rooms: 3 # of Bedrooms: 2 Dedicated Electric Meter: Yes Dedicated Gas Meter: No Dedicated Water Heater: No Electric: No Heat: Yes Range: Yes Refrigerator: Yes Sewer: Yes Water: Yes

Electric

Circuit Breakers: 1

Unit 2

Lease: Yes Level: First Security Deposit: Yes Monthly Rent: 988 # Full Baths: 1 # of Rooms: 2 # of Bedrooms: 1 Dedicated Electric Meter: Yes Dedicated Gas Meter: No Dedicated Water Heater: No Electric: No Heat: Yes Range: Yes Refrigerator: Yes Sewer: Yes Water: Yes

Unit 3

Lease: Yes Level: Second Security Deposit: Yes Monthly Rent: 979 # Full Baths: 1 # of Rooms: 3 # of Bedrooms: 2 Dedicated Electric Meter: Yes Dedicated Gas Meter: No Dedicated Water Heater: No Electric: No Heat: Yes Range: Yes Refrigerator: Yes Sewer: Yes Water: Yes

Gas

Natural - On Site: 1

Unit 4

Lease: No Level: Second Security Deposit: Yes Monthly Rent: 988 # Full Baths: 1 # of Rooms: 3 # of Bedrooms: 2 Dedicated Electric Meter: Yes Dedicated Gas Meter: No Dedicated Water Heater: No Electric: No Heat: Yes Range: Yes Refrigerator: Yes Sewer: Yes Water: Yes

Sewer

Private Sewer: 1

Unit 5

Lease: Yes Level: Third Security Deposit: Yes Monthly Rent: 1000 # Full Baths: 1 # of Rooms: 3 # of Bedrooms: 2 Dedicated Electric Meter: Yes Dedicated Gas Meter: No Dedicated Water Heater: No Electric: No Heat: Yes Range: Yes Refrigerator: Yes Sewer: Yes Water: Yes

Water

Public: 1

Unit 6

Lease: Yes Level: Third Security Deposit: Yes Monthly Rent: 1240 # Full Baths: 1 # of Rooms: 2 # of Bedrooms: 1 Dedicated Electric Meter: Yes Dedicated Gas Meter: No Dedicated Water Heater: No Electric: No Heat: Yes Range: Yes Refrigerator: Yes Sewer: Yes Water: Yes

Driveway

Paved: 1

Basement Entry

Interior: 1

Water Heater

Electric: 1

Vehicle Storage

No Vehicle Storage: 1

Contract Information

Status: Active Original List Price: 600000 List Price: $550,000 Current Price: $550,000

Property Features

Site: Open Location: Neighborhood Roads: Paved; Public Style: Other Levels: Multi-Level Construction: Wood Frame Basement: Brick/Mortar; Full; Unfinished Basement Entry: Interior Foundation Materials: Brick/Mortar Exterior: Vinyl Siding Roof: Flat; Membrane Heat System: Baseboard; Hot Water Heat Fuel: Gas Natural Water Heater: Electric Cooling: None Floors: Carpet; Vinyl; Wood Driveway: Paved Parking: 1 - 4 Spaces Vehicle Storage: No Vehicle Storage Electric: Circuit Breakers Gas: Natural - On Site Sewer: Private Sewer Water: Public
Listing Office: EXP Realty
IDX
Last Updated: March - 05 - 2026
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