31 Burbank Street, Lewiston, ME, 04240 | $499,000

One of the most beautiful two-unit properties in the City of Lewiston, this exceptional multi-family presents a rare and highly desirable owner-occupant opportunity. The primary unit will be delivered vacant at closing, allowing for immediate occupancy, while the second unit is currently rented—providing instant income from day one.

Both units have undergone extensive interior renovations, including full kitchen remodels with new cabinetry, quartz countertops, updated appliances, and thoughtfully opened floor plans. Each unit also features a fully renovated bathroom, refinished original hardwood floors throughout the entire home, new recessed lighting, fresh interior paint, and newly installed window blinds—creating a cohesive, modern feel while preserving timeless character.

Significant mechanical and energy-efficiency upgrades further enhance the property's appeal, including two energy-efficient Rheem electric water heaters (one dedicated to each unit) and new, energy-efficient HVAC systems with independent mini-splits serving each unit—offering comfort, efficiency, and long-term cost savings.

Exterior improvements complete the package with new decks/patios and fresh exterior paint, providing inviting outdoor spaces and excellent curb appeal.

Whether you're beginning your real estate investment journey or strategically expanding an existing portfolio, this property checks all the boxes—style, flexibility, and income potential. A true standout that seamlessly combines pride of ownership with smart investment appeal.

Features

  • Amenities: Walk-in Closets
  • Baths: 2 full
  • Units: 2
  • Style: Other
  • Year Built: 1924
  • Garage: 2-car
  • Heating: Heat Pump
  • Cooling: Heat Pump
  • Basement: Interior, Full
  • Approx Sq. Feet: 2,718
  • Acreage: 0.13
  • Est. Taxes: $3,298
  • Lot Desc: Level, Neighborhood
  • MLS#: 1649703
  • Website: https://www.raveis.com
    /prop/1649703/31burbankstreet_lewiston_me?source=qrflyer
Listing data is derived in whole or in part from the Maine IDX & is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.
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Listing courtesy of Tim Dunham Realty

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