Price Reduced 9.43%


Price History

$1,485,000
8/5/2025

$1,345,000
8/15/2025


496 Sabattus Street, Lewiston, ME, 04240

496 Sabattus Street, Lewiston, ME, 04240

10 Full baths

1930

Other

6,978 sqft

First time on the market in over 40 years! This well-maintained 10 unit apartment building is a rare investment opportunity in a prime location. Featuring a newer gas boiler and a recently replaced roof, the property has been thoughtfully cared for and is in excellent shape. With a solid rental history and a roster of long-term, respectful tenants, this building offers both stability and immediate cash flow. Its strong mechanicals, clean condition, below market rents and unbeatable location makes it ideal for investors looking for a turnkey asset with upside potential. Don't miss your chance to own this legacy property!


Status:

Pending

Type:

Multi-family

Laundry Remarks:

Laundry - 1st Floor, Main Level, Laundry - Coin

Units:

10

Zoning:

CB

Heating:

Radiator, Hot Water, Baseboard

Cooling:

None

Basement:

Interior, Full, Unfinished

Parking:

5 - 10 Spaces, Paved

Acreage:

0.24

Est. Taxes:

$7,463

Construction

Vinyl Siding, Wood Frame

Lot Description:

Level, Sidewalks, Intown, Near Golf Course, Near Shopping, Near Turnpike/Interstate, Retail Strip, Shopping Mall, Near Railroad

Amenities:

Attic

MLS #:

1633090


Community Info

School Info

Walk Score

Mass Transit

Yelp



Listing courtesy of Fontaine Family-The Real Estate Leader