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
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
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Listing courtesy of Spectrum Real Estate