Price Reduced 18.00%


Price History

$195,000
7/7/2025

$179,900
7/19/2025

$174,900
10/24/2025

$169,900
11/11/2025

$159,900
11/16/2025


280 Lincoln Street, Lewiston, ME, 04240

280 Lincoln Street, Lewiston, ME, 04240

4 Full baths

1891

Other

2,554 sqft

Investor & Contractor Special - Unlock the Potential! This is a fantastic opportunity for savvy investors, flippers, or contractors looking for their next project. Located next to a small city park with river views, this multi-unit building offers great bones and serious upside for the right buyer. The first floor has been completely gutted. It's a blank slate waiting for your finishing touches. Whether you're planning another base rental unit or custom owner-occupied space, all the demo work is already done, saving you time and money. The second and third floors were recently rented and require some cosmetic updates to bring them up to rentable standards. With some light TLC... cleaning, painting, etc, you could have two income-producing units up and running quickly, while finishing the first floor at your own pace. Please note: This property will not qualify for conventional financing. It's best suited for buyers using cash, hard money, or private capital. With the right vision, this could be a high-yield rental, a smart flip, or a long-term hold with excellent equity potential. Properties with this kind of value-add opportunity don't last long—schedule your showing today and see the potential for yourself! (Please note some pics are from when the building was previously rented) PROPERTY BEING SOLD 'AS-IS'.


Status:

Active

Type:

Multi-family

Units:

3

Zoning:

RESI

Frontage:

37

Heating:

Baseboard

Cooling:

None

Basement:

Walk-Out Access, Exterior Only, Unfinished

Levels:

3

Parking:

1 - 4 Spaces, Gravel, On Site, Off Street

Acreage:

0.06

Est. Taxes:

$2,324

Construction

Vinyl Siding, Wood Frame

Utilities

Utilities On

Lot Description:

Open, Level, Sidewalks, Intown, Near Turnpike/Interstate, Near Town, Near Public Transit

Amenities:

1st Floor Bedroom, Bathtub, One-Floor Living

Pet Policy:

No Restrictions

MLS #:

1629380


Community Info

School Info

Walk Score

Mass Transit

Yelp



Listing courtesy of Spectrum Real Estate