We are pleased to present 127 Howe Street for sale - a five-unit market-rate multi-family asset located in the heart of downtown Lewiston, Maine. Comprising two detached wood-frame buildings on a 0.31± acre parcel, the property combines a strong in-place income stream with meaningful value-add upside through its substantial surplus land area. The property consists of a front building (three units, 2-3 stories) and a fully gut-renovated rear building (two units), constructed circa 1896 and extensively updated beginning in 2021. All five units are two-bedroom/one-bath configurations of varying sizes. Unit interiors are in good condition, with the rear building reflecting above-average condition following a complete renovation from the studs, including new plumbing, electrical, flooring, and modern bathroom tile surrounds. The front building has received select updates to flooring and mechanicals. The property presents a compelling combination of near-term income stability and longer-term development optionality - rare in the current Lewiston/Auburn multifamily market.

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Property Details of 127 Howe Street

Property Details

Basic Information

Building

Location

Interior Features

Bathrooms

Basement

Map Location

Gosselin Realty Group

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Listing Tools

Hi there! How can we help you?

Property Details of 127 Howe Street

Property Details

Basic Information

Building

Location

Interior Features

Bathrooms

Basement

Map Location

Hi there! How can we help you?

Hi there! How can we help you?

Hi there! How can we help you?

Gosselin Realty Group