125 Pierce St
Lewiston, ME 04240
For more information on this listing, contact us at: (207) 272-2202
Active
$599,999
125 Pierce St Lewiston, ME 04240
Multi-Family
Property Type
6
Baths
5,734
Sq. Ft.
1891
Year Built
Androscoggin
County
Listing Office
Office 
Realty One Group Next Level
Realty One Group Next Level
Discover the exceptional appeal of this fully renovated 6-unit multifamily, conveniently located near a variety of stores, restaurants, and activities in town. This property is a standout for first-time and seasoned investors alike. Offered at an 11% cap rate, it offers the rare combination of a strong unit mix, turnkey condition, and 100% occupancy. The building has been updated inside and out, with new siding, a newer roof, and fully rebuilt porches and decks. Every unit features new cabinets and vanities, new bathroom tiling, new flooring, and fresh paint throughout. Enjoy a building where the heavy lifting is already done, all just moments from town conveniences. Whether you're searching for a hands-off addition to your portfolio or a well-maintained income property to build on, this building checks the boxes. Fully rented and ready for its next owner!
GROUP SHOWINGS TBD
Please provide a 24-48hr notice for all showings
GROUP SHOWINGS TBD
Please provide a 24-48hr notice for all showings
MLS #
1687319
Monthly HOA
N/A
On Site
Not Available
Last Updated
11/9/2026
Location
Contact Agent
Maureen Zemrak
(207) 272-2202Property Details
Community Information
Architecture
Bathrooms
6
Year Built
1891
Stories
3
Style
Cape Cod
Construction Materials
Wood Frame, Asbestos, Wood Siding
Levels
Multi-Level
# 2 Bed Units
2
# 3 Bed Units
4
Roof
Shingle
Foundation
Stone, Brick/Mortar
Basement
Bulkhead, Interior Entry, Full, Unfinished
Parking Features
Gravel, Paved, 1 - 4 Spaces, Off Street
Garages Features
No Vehicle Storage
Features / Amenities
Interior Features
Storage
Equipment
Internet Access Available
Flooring
Laminate, Vinyl, Wood
Amenities
Storage
Heating
Oil, Baseboard, Hot Water, Zoned
Water Heater
Electric, Tank
Square Footage Finished Sq. Ft.
Above Grade
5734
Property Features
Lot Size
0.1 Acres
Lot Features
Intown, Near Turnpike/Interstate, Level, Sidewalks
Roads
Paved, Public
Transportation
Major Road Access
Sewer
Public Sewer
Water
Public
Electric
Circuit Breakers
Gas
Natural - At Street, No Gas
Road Surface
Paved
Zoning
Downtown Res
Tax and Financial Info
Tax Year
2025
Gross Income
$107,520
Operating Expense
$41,581
Pets Allowed
No Restrictions
Mortgage Calculator
Your monthly payment will be
$0,000
Loan and interest only.
Purchase price
Down payment
The Mortgage calculator is sourced by Sierra Interactive.
Schools
Walking and Transportation
Please wait while loading...
Schedule a Tour
ASAP
Tue
10
Nov
Wed
11
Nov
Thu
12
Nov
Fri
13
Nov
Sat
14
Nov
Sun
15
Nov
Mon
16
Nov
Scheduling is free, and you can cancel anytime.
Similar Listings
Similar Recently Sold Listings
Listing Information Last Updated 11/9/2026
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.
