125 Pierce Street, Lewiston, ME 04240 (MLS # 1687319)
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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
| LAST UPDATED | 11/9/2026 | YEAR BUILT | 1891 |
|---|---|---|---|
| COUNTY | Androscoggin | STATUS | Active |
| PROPERTY TYPE(S) | Multi Family |
| ADDITIONAL DETAILS | |
| AIR | None |
|---|---|
| APPLIANCES | Water Heater |
| BASEMENT | Full, Interior Entry, Unfinished, Yes |
| CONSTRUCTION | Asbestos, Frame, Wood Siding |
| HEAT | Baseboard, Hot Water, Oil, Zoned |
| INTERIOR | Storage |
| LOT | 4356 sq ft |
| LOT DESCRIPTION | Level |
| LOT DIMENSIONS | 0.1 |
| MLS STATUS | Active |
| PARKING | Gravel, Paved, Off Street |
| SEWER | Public Sewer |
| STORIES | 3 |
| STYLE | Cape Cod, Other |
| TAXES | 3880 |
| UTILITIES | Natural Gas Available, Natural Gas Not Available |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listing data is derived in whole or in part from the Maine IDX & is for consumers'' personal, non-commercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.© 2026 Maine Real Estate Information System, Inc. All Rights Reserved. 
Additional school data provided by Onboard Informatics © 2026 Onboard Informatics. Information deemed reliable but not guaranteed.
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IDX data provided by Market Leader, courtesy of Maine Listings.
This IDX solution is (c) Diverse Solutions 2026.
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