227 Blake Street, Lewiston, ME 04240

$525,000
Property Type: Multi-Family Baths: 5 Square Footage: 3,478 Lot Size (sq. ft.): 4,792 Status: Active
Current Price: $525,000 List Date: 11/18/2025 Last Modified: 5/05/2026

Overview

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!

Listing Details MLS# 1643853

Location Information

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

Contract Information

Original List Price
545000

Property Information

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

Water Info

Water Frontage
No
Water View
No

Building Info

# Floors
3
# Heating Units
2
# Water Heaters
2

Units

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

More Information

Unit 1

Lease
Yes
Level
First
Security Deposit
No
Monthly Rent
1000
# Full Baths
Yes
# 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

Unit 2

Lease
Yes
Level
Second
Security Deposit
Yes
Monthly Rent
1350
# Full Baths
Yes
# 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

Unit 3

Lease
Yes
Level
Second
Security Deposit
Yes
Monthly Rent
1960
# Full Baths
Yes
# 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

Unit 4

Lease
Yes
Level
Second
Security Deposit
Yes
Monthly Rent
1960
# Full Baths
Yes
# 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
Water
Yes
Sewer
Yes

Unit 5

Lease
No
Level
First
Security Deposit
No
Monthly Rent
2100
# Full Baths
Yes
# 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

Utilities

Utilities On
Yes

Site

Level
Yes
Open
Yes
Sidewalks
Yes

Location

Near Shopping
Yes
Near Town
Yes

Roads

Paved
Yes
Public
Yes

Transportation

Major Road Access
Yes

Style

Cape Cod
Yes
Colonial
Yes

Construction

Wood Frame
Yes

Basement

Full
Yes
Unfinished
Yes

Foundation Materials

Stone
Yes

Exterior

Vinyl Siding
Yes

Roof

Pitched
Yes
Shingle
Yes

Heat System

Forced Air
Yes
Hot Water
Yes

Heat Fuel

Oil
Yes

Income & Expenses

Gross Income
75240
Operating Expenses
19306

Cooling

None
Yes

Floors

Carpet
Yes
Vinyl
Yes

Accessibilitiy Amenities

32 - 36 Inch Doors
Yes

Parking

1 - 4 Spaces
Yes
Off Street
Yes
On Site
Yes

Electric

Circuit Breakers
Yes

Gas

Natural - At Street
Yes
No Gas
Yes

Sewer

Public Sewer
Yes

Water

Public
Yes

Driveway

Gravel
Yes

Restrictions

Breed Restrictions
Yes
Pet Weight Limit
Yes

Basement Entry

Interior
Yes

Water Heater

Electric
Yes

Amenities

1st Floor Bedroom
Yes

Vehicle Storage

No Vehicle Storage
Yes

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

Documents

IDX
Listing Office: Real Broker
Last Updated: May - 05 - 2026
Broker Attribution: 207-212-1523
Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. Copyright ©2026 Maine Real Estate Information System, Inc. All Rights Reserved. Equal Housing Opportunity.
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