227 Blake Street, Lewiston, ME 04240

$545,000
Property Type: Multi-Family Baths: 5 Square Footage: 3,478 Lot Size (sq. ft.): 4,792 Status: Active
Current Price: $545,000 List Date: 11/18/2025 Last Modified: 11/18/2025

Description

This five-unit building brings in $75,240 in gross annual income and offers: two 2-bedrooms and three 4-bedrooms. Rents are stable, demand is steady, and the building has a proven rental history. Off-street parking is a major plus in this part of town, and the property has been consistently profitable- making it a smart addition to any growing portfolio. Whether you're a seasoned investor or looking to scale, this one checks the boxes. Property offers an increase of gross income to over $100,000 in 2026!

Supplements: ********

More Information MLS# 1643853

Location Information

Book: 11702 Leased Land: No Page: 171 Map: 196 Lot: 224 Zoning Overlay: No Association: No School District: Lewiston Public Schools Tree Growth Y/N: No Street #: 227 Street Name: Blake Street Type: Street County: Androscoggin Town: Lewiston State/Province: ME Zip Code: 04240 Zip +4: 7445 Zoning: DR Full Tax Amount $: 3350 Tax Year: 2025 Geo Lat: 44.092561 Geo Lon: -70.210881

Property Information

Surveyed: No Seasonal: No Owner Occupied: No Number of Units: 5 Deed/Conveyance Type Offered: Quit Claim w/Covenant Deed: All Deed Restrictions: Unknown Bank Owned REO: No 2 Detached Houses on 1 Lot: Yes Lot Size Acres +/-: 0.11 Total Baths: 5 Total Half Baths: 0 Color: Yellow Road Frontage: Yes Road Frontage +/-: 50 Source of Road Frontage: Public Records SqFt Finished Above Grade: 3478 SqFt Finished Below Grade: 0 SqFt Source: Public Records Furniture: Unfurnished Garage: No Garage Spaces: 0 Total Full Baths: 5 Year Built: 1875 SqFt Finished Total: 3478 Source of Acreage: Public Records

Site

Level: 1 Open: 1 Sidewalks: 1

Location

Near Shopping: 1 Near Town: 1

Roads

Paved: 1 Public: 1

Transportation

Major Road Access: 1

Water Info

Water Frontage: No Water View: No

Style

Cape Cod: 1 Colonial: 1

Construction

Wood Frame: 1

Basement

Full: 1 Unfinished: 1

Foundation Materials

Stone: 1

Exterior

Vinyl Siding: 1

Roof

Pitched: 1 Shingle: 1

Heat System

Forced Air: 1 Hot Water: 1

Building Info

# Floors: 3 # Heating Units: 2 # Water Heaters: 2

Heat Fuel

Oil: 1

Income & Expenses

Gross Income: 75240 Operating Expenses: 19826

Cooling

None: 1

Floors

Carpet: 1 Vinyl: 1

Accessibilitiy Amenities

32 - 36 Inch Doors: 1

Units

# of 2 BD Units: 2 # of 4+ BD Units: 3

Parking

1 - 4 Spaces: 1 Off Street: 1 On Site: 1

Unit 1

Lease: Yes Level: First Security Deposit: No Monthly Rent: 1000 # Full Baths: 1 # of Rooms: 4 # 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: Second Security Deposit: Yes Monthly Rent: 1350 # Full Baths: 1 # of Rooms: 5 # 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

Utilities

Utilities On: Yes

Unit 3

Lease: Yes Level: Second Security Deposit: Yes Monthly Rent: 1960 # Full Baths: 1 # of Rooms: 6 # of Bedrooms: 4 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 - At Street: 1 No Gas: 1

Unit 4

Lease: Yes Level: Second Security Deposit: Yes Monthly Rent: 1960 # Full Baths: 1 # of Rooms: 6 # of Bedrooms: 4 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

Public Sewer: 1

Unit 5

Lease: No Level: First Security Deposit: No Monthly Rent: 2100 # Full Baths: 1 # of Rooms: 4 # of Bedrooms: 4 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

Driveway

Gravel: 1

Restrictions

Breed Restrictions: 1 Pet Weight Limit: 1

Basement Entry

Interior: 1

Water Heater

Electric: 1

Amenities

1st Floor Bedroom: 1

Vehicle Storage

No Vehicle Storage: 1

Contract Information

Status: Active Original List Price: 545000 List Price: $545,000 Current Price: $545,000

Property Features

Site: Level; Open; Sidewalks Location: Near Shopping; Near Town Roads: Paved; Public Transportation: Major Road Access Style: Cape Cod; Colonial Construction: Wood Frame Basement: Full; Unfinished Basement Entry: Interior Foundation Materials: Stone Exterior: Vinyl Siding Roof: Pitched; Shingle Heat System: Forced Air; Hot Water Heat Fuel: Oil Water Heater: Electric Cooling: None Floors: Carpet; Vinyl Amenities: 1st Floor Bedroom Driveway: Gravel Parking: 1 - 4 Spaces; Off Street; On Site Vehicle Storage: No Vehicle Storage Restrictions: Breed Restrictions; Pet Weight Limit Electric: Circuit Breakers Gas: Natural - At Street; No Gas Sewer: Public Sewer Water: Public
Listing Office: Real Broker
IDX
Last Updated: November - 18 - 2025
Broker Attribution: 207-212-1523

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