198 Park St
Lewiston, ME 04240
For more information on this listing, contact us at: (207) 272-2202
Active
$720,000
198 Park St Lewiston, ME 04240
Multi-Family
Property Type
8
Baths
8,900
Sq. Ft.
1881
Year Built
Androscoggin
County
Listing Office
Office
Fontaine Family-The Real Estate Leader
Fontaine Family-The Real Estate Leader
INVESTMENT OPPORTUNITY IN THE HEART OF LEWISTON! Well-positioned 8-unit multifamily property at 198 Park Street, offering a desirable mix of four 2-bedroom units and four 1-bedroom units. The mix provides flexibility for attracting a broad range of tenants and offers an investor an opportunity to own a substantial multifamily asset in a highly convenient Lewiston location. Situated near downtown, residents have access to restaurants, shopping, services, parks, employment and amenities without having to rely on a vehicle. The Park Street area is considered highly walkable and near public transit hubs. Building is vacant, cleaned out and ready for your finishing touches. Has newer siding and windows and is in good condition. Matterport 3D walkthrough gives a sample of a 2 bedroom unit and a 1 bedroom unit as do photos. Also available is 210/212 Park St, 34 Shawmut, 46 Shawmut.
MLS #
1683059
Monthly HOA
N/A
On Site
Not Available
Last Updated
10/17/2026
Location
Contact Agent
Maureen Zemrak
(207) 272-2202Property Details
Community Information
Architecture
Bathrooms
8
Year Built
1881
Stories
4
Style
High Rise
Construction Materials
Wood Frame, Vinyl Siding
# 1 Bed Units
4
# 2 Bed Units
4
Roof
Flat, Membrane, Shingle
Foundation
Poured Concrete, Brick/Mortar
Basement
Interior Entry, Unfinished, Brick/Mortar
Parking Features
Paved, 1 - 4 Spaces, On Site, On Street
Garages Features
No Vehicle Storage
Features / Amenities
Interior Features
Bathtub, Shower, Storage
Flooring
Wood, Linoleum
Laundry
Washer Hookup
Amenities
Bathtub, Washer Hookup, Shower, Storage
Patio And Porch
Deck
Window
Double Pane Windows
Heating
Gas Natural, Baseboard
Water Heater
Electric
Square Footage Finished Sq. Ft.
Above Grade
8900
Property Features
Lot Size
0.11 Acres
Lot Features
Intown, Level, Near Public Transit
Roads
Public
Transportation
Major Road Access, Near Public Transit
Sewer
Public Sewer
Water
Public
Electric
Circuit Breakers
Gas
Natural - On Site
Zoning
DR
Directions
From Lincoln St., turn left onto Chestnut St., turn right onto Park St., and property will be on the left. No sign.
Tax and Financial Info
Tax Year
2025
Gross Income
$117,774
Operating Expense
$7,615
Pets Allowed
No Restrictions
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Listing Information Last Updated 10/17/2026

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.
© 2026 Maine Real Estate Information System, Inc. All Rights Reserved.
Mortgage values are calculated by Sierra Interactive and are provided for estimate purposes only. Walking and Transportation data are provided by WalkScore as a guideline and should be independently verified.