115-117 Pierce Street

Lewiston, ME 04240

$850,000
Price
21
Beds
9
Baths
7,218 Sq. Ft.
$118 / Sq. Ft.
7,218
Sq. Ft.
$118
per Sq. Ft.
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Description

Nice 9 unit package that has had many capital improvements made such as lead abatement, kitchens, flooring, painting + rental increases w/ more upside as well. This two building portfolio offers (1) 1 bedroom, (4) 2 bedrooms +
(4) 4 bedroom units. Please don't miss the opportunity to own an investment that has good cash flow + appreciation in one of the hottest markets in the state of Maine!Nice 9 unit package that has had many capital improvements made such as lead abatement, kitchens, flooring, painting + rental increases w/ more upside as well. This two building portfolio offers (1) 1 bedroom, (4) 2 bedrooms +
(4) 4 bedroom units. Please don't miss the opportunity to own an investment that has good cash flow + appreciation in one of the hottest markets in the state of Maine!
  1. Listed by Thomas Gadbois • F.O. Bailey Real Estate

Property Details for 115-117 Pierce Street

Waterfront
No
ArchitecturalStyle
Multi-Level
Garage
No
Zoning
DR
LISTING UPDATED: 12/03/2024 03:16 PM

Property Details for 115-117 Pierce Street

StatusActive
MLS #1590292
Days on Market218
Taxes$5,027 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family
Year Built1921
Lot Size0.11 AC / 4,791 SF
CountyAndroscoggin County

Building Information for 115-117 Pierce Street

Stories-Residences9Year Built1921Building Size-Lot Size0.11 AC / 4,791 SF

Property Information for 115-117 Pierce Street

Summary
Location and General Information
  • Road Surface Type: Paved
  • Zip Code: 7343
  • Town: Lewiston
  • State/Province: ME
  • Zip Code: 04240
  • County: Androscoggin
  • Geo Latitude: 44.094634
  • Geo Longitude: -70.211095
  • Tax Lot: 097
  • Site:Level: Yes
  • Site:Open: Yes
  • Site:Sidewalks: Yes
  • Location:Intown: Yes
  • Location:Near Shopping: Yes
  • Location:Neighborhood: Yes
Parking
  • Parking Features: 1 - 4 Spaces, Paved, Common
  • Attached Garage: No
Taxes and HOA Information
  • Tax Book Number: 11388
  • Tax Map Number: 196
  • Tax Year: 2023
  • Parcel Number: LEWI-000196-000000-000097
  • Location Information:Association Y/N: No
  • Tax Annual Amount: $5,027.00
Virtual Tour
Property
Heating and Cooling
  • Water Heater:Gas: Yes
Lot Information
  • SqFt Finished Below Grade: 0.0
  • SqFt Finished Above Grade: 7218.0
  • Lot Size Acres: 0.11
  • Source of Acreage: Public Records
  • Building Area Total: 7218.0
  • Lot Size Area: 0.11
  • Lot Size Units: Acres
  • Lot Size Square Feet: 4791.6
  • Bathrooms Full: 9
  • Bathrooms Half: 0
  • Street Number: 115117
  • Property Information:Surveyed: Unknown
  • Property Information:Seasonal: No
  • Property Information:Owner Occupied: No
  • Property Information:Deed/Conveyance Type Offered: Warranty
  • Property Information:Deed Restrictions: Unknown
  • Property Information:2 Detached Houses on 1 Lot: No
  • Property Information:Total Half Baths: .00
  • Property Information:Color: Red
Parking
  • Driveway:Common: Yes
  • Driveway:Paved: Yes
Property and Assessments
  • Leased Land: No
  • Property Type: Multi-Family
  • Property Type Label: Multi-Family
  • Year Built: 1921
Utilities
  • Electric: Circuit Breakers
  • Sewer: Yes
  • Water Source: Public
  • Utilities:Utilities On: Yes
  • Gas:Natural - At Street: Yes
Interior and Exterior Features
Exterior Features
  • Construction Materials: Wood Siding, Vinyl Siding, Wood Frame
  • Vehicle Storage:No Vehicle Storage: Yes
  • Roof: Flat, Membrane, Shingle
Interior Features
  • Basement: Interior Entry, Unfinished
  • Flooring: Wood, Vinyl, Other, Carpet
  • Cooling: None
  • Heating: Radiator, Baseboard
  • Bathrooms Total (Integer): 9
  • Bathrooms Total (Decimal): 9.00
  • Bathrooms Total (Notational): 9.00
  • Cooling YN: No
  • Heating YN: Yes
Multi Family
Income & Expenses Information
  • Gross Income: $158,124.00
  • Operating Expenses: $48,615.00
Multi-Family Information
  • Number of Units: 9
Unit 1
  • Unit 1:Lease: Yes
  • Unit 1:Level: First
  • Unit 1:Security Deposit: Yes
  • Unit 1:Monthly Rent: $1,200.00
  • Unit 1:# Full Baths: 1.00
  • Unit 1:# of Half Baths: .00
  • Unit 1:# of Rooms: 3.00
  • Unit 1:# of Bedrooms: 1.00
  • Unit 1:Dedicated Electric Meter: Yes
  • Unit 1:Dedicated Gas Meter: No
  • Unit 1:Dedicated Water Heater: No
  • Unit 1:Electric: No
  • Unit 1:Heat: Yes
  • Unit 1:Range: Yes
  • Unit 1:Refrigerator: Yes
  • Unit 1:Sewer: Yes
  • Unit 1:Water: Yes
Unit 2
  • Unit 2:Lease: Yes
  • Unit 2:Level: Second
  • Unit 2:Security Deposit: Yes
  • Unit 2:Monthly Rent: $1,400.00
  • Unit 2:# Full Baths: 1.00
  • Unit 2:# Half Baths: .00
  • Unit 2:# of Rooms: 4.00
  • Unit 2:# of Bedrooms: 2.00
  • Unit 2:Dedicated Electric Meter: Yes
  • Unit 2:Dedicated Gas Meter: No
  • Unit 2:Dedicated Water Heater: No
  • Unit 2:Electric: No
  • Unit 2:Heat: Yes
  • Unit 2:Range: Yes
  • Unit 2:Refrigerator: Yes
  • Unit 2:Sewer: Yes
  • Unit 2:Water: Yes
Unit 3
  • Unit 3:Lease: Yes
  • Unit 3:Level: First
  • Unit 3:Security Deposit: Yes
  • Unit 3:Monthly Rent: $1,400.00
  • Unit 3:# Full Baths: 1.00
  • Unit 3:# Half Baths: .00
  • Unit 3:# of Rooms: 4.00
  • Unit 3:# of Bedrooms: 2.00
  • Unit 3:Dedicated Electric Meter: Yes
  • Unit 3:Dedicated Gas Meter: No
  • Unit 3:Dedicated Water Heater: No
  • Unit 3:Electric: No
  • Unit 3:Heat: Yes
  • Unit 3:Range: Yes
  • Unit 3:Refrigerator: Yes
  • Unit 3:Sewer: Yes
  • Unit 3:Water: Yes
Unit 4
  • Unit 4:Lease: Yes
  • Unit 4:Level: Second
  • Unit 4:Security Deposit: Yes
  • Unit 4:Monthly Rent: $1,206.00
  • Unit 4:# Full Baths: 1.00
  • Unit 4:# Half Baths: .00
  • Unit 4:# of Rooms: 4.00
  • Unit 4:# of Bedrooms: 2.00
  • Unit 4:Dedicated Electric Meter: Yes
  • Unit 4:Dedicated Gas Meter: No
  • Unit 4:Dedicated Water Heater: No
  • Unit 4:Electric: No
  • Unit 4:Heat: Yes
  • Unit 4:Range: Yes
  • Unit 4:Refrigerator: Yes
  • Unit 4:Water: Yes
Unit 5
  • Unit 5:Lease: Yes
  • Unit 5:Level: Second
  • Unit 5:Security Deposit: Yes
  • Unit 5:Monthly Rent: $1,671.00
  • Unit 5:# Full Baths: 1.00
  • Unit 5:# Half Baths: .00
  • Unit 5:# of Rooms: 4.00
  • Unit 5:# of Bedrooms: 3.00
  • Unit 5:Dedicated Electric Meter: Yes
  • Unit 5:Dedicated Gas Meter: No
  • Unit 5:Dedicated Water Heater: No
  • Unit 5:Electric: No
  • Unit 5:Heat: Yes
  • Unit 5:Range: Yes
  • Unit 5:Refrigerator: Yes
  • Unit 5:Sewer: Yes
  • Unit 5:Water: Yes
Unit 6
  • Unit 6:Lease: Yes
  • Unit 6:Level: Third
  • Unit 6:Security Deposit: Yes
  • Unit 6:Monthly Rent: $1,700.00
  • Unit 6:# Full Baths: 1.00
  • Unit 6:# Half Baths: .00
  • Unit 6:# of Rooms: 4.00
  • Unit 6:# of Bedrooms: 3.00
  • Unit 6:Dedicated Electric Meter: Yes
  • Unit 6:Dedicated Gas Meter: No
  • Unit 6:Dedicated Water Heater: No
  • Unit 6:Electric: No
  • Unit 6:Heat: Yes
  • Unit 6:Range: Yes
  • Unit 6:Refrigerator: Yes
  • Unit 6:Sewer: Yes
  • Unit 6:Water: Yes
Unit 7
  • Unit 7:Lease: Yes
  • Unit 7:Level: First
  • Unit 7:Security Deposit: Yes
  • Unit 7:Monthly Rent: $1,200.00
  • Unit 7:# Full Baths: 1.00
  • Unit 7:# Half Baths: .00
  • Unit 7:# of Rooms: 4.00
  • Unit 7:# of Bedrooms: 2.00
  • Unit 7:Dedicated Electric Meter: Yes
  • Unit 7:Dedicated Gas Meter: No
  • Unit 7:Dedicated Water Heater: No
  • Unit 7:Electric: No
  • Unit 7:Heat: Yes
  • Unit 7:Range: Yes
  • Unit 7:Refrigerator: Yes
  • Unit 7:Sewer: Yes
  • Unit 7:Water: Yes
Unit 8
  • Unit 8:Lease: Yes
  • Unit 8:Level: Second
  • Unit 8:Security Deposit: Yes
  • Unit 8:Monthly Rent: $1,700.00
  • Unit 8:# Full Baths: 1.00
  • Unit 8:# Half Baths: .00
  • Unit 8:# of Rooms: 4.00
  • Unit 8:# of Bedrooms: 3.00
  • Unit 8:Dedicated Electric Meter: Yes
  • Unit 8:Dedicated Gas Meter: No
  • Unit 8:Dedicated Water Heater: No
  • Unit 8:Electric: No
  • Unit 8:Heat: Yes
  • Unit 8:Range: Yes
  • Unit 8:Refrigerator: Yes
  • Unit 8:Sewer: Yes
  • Unit 8:Water: Yes
Unit 9
  • Unit 9:Lease: Yes
  • Unit 9:Level: Third
  • Unit 9:Security Deposit: Yes
  • Unit 9:Monthly Rent: $1,700.00
  • Unit 9:# Full Baths: 1.00
  • Unit 9:# Half Baths: .00
  • Unit 9:# of Rooms: 4.00
  • Unit 9:# of Bedrooms: 3.00
  • Unit 9:Dedicated Electric Meter: Yes
  • Unit 9:Dedicated Gas Meter: No
  • Unit 9:Dedicated Water Heater: No
  • Unit 9:Electric: No
  • Unit 9:Heat: Yes
  • Unit 9:Range: Yes
  • Unit 9:Refrigerator: Yes
  • Unit 9:Sewer: Yes
  • Unit 9:Water: Yes
Unit Information
  • Units:# of 1 BD Units: 2
  • Units:# of 2 BD Units: 7
  • Units:# of 3 BD Units: 0
  • Units:# of 4+ BD Units: 0

Property History for 115-117 Pierce Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 115-117 Pierce Street

This home is within Lewiston Public Schools.
Rating
School
Type
Grades
Distance
Governor James B Longley Elementary School
Public - PK to 6
Lewiston Middle School
Public - 7 to 8
Lewiston High School
Public - 9 to 12
Robert V. Connors Elementary School
Public - PK to 6
Rating
School
Distance
Governor James B Longley Elementary School
PublicPK to 6

Lewiston Middle School
Public7 to 8

Lewiston High School
Public9 to 12

Robert V. Connors Elementary School
PublicPK to 6

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 115-117 Pierce Street, Lewiston, ME 04240

115-117 Pierce Street is a multi-family home for sale in Lewiston, ME 04240. This property was listed for sale on May 20, 2024 by F.O. Bailey Real Estate, it's currently listed at $850,000. This listing's school district is Lewiston Public Schools. Nearby schools include Governor James B Longley Elementary School, Lewiston Middle School and Lewiston High School. 115-117 Pierce Street is a 21-bed, 9-bath, 7,218 sqft multi-family home built in 1921.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of F.O. Bailey Real Estate

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. © 2022 Maine Real Estate Information System, Inc. All Rights Reserved.