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    280 Lincoln Street Aly Lewiston, ME 04240

    For Sale
    $159,900

    MULTI_FAMILY - Lewiston, ME

    Property size:
    2,554 SF
    Lot size:
    0.06 Acres
    Days on Market:
    20
    Last Refresh:
    Dec 5 at 1:06 am

    Property Features for 280 Lincoln Street Aly

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Zoning
    RESI
    Rooms
    Bathroom 3, Basement, Bathroom 4, Bathroom 1, Bathroom 2
    Parking features
    Off Street
    Patio and Porch features
    Porch, Deck
    Pets allowed
    No
    Interior features
    1st Floor Bedroom, Bathtub, One-Floor Living
    Basement
    Unfinished, Walk-Out Access
    Size
    2,554 SF
    Lot size
    0.06 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Baseboard
    Water source
    Public

    Building Details

    Year built
    1891
    Floors in Building
    3
    Number of units
    3
    Flooring type
    Wood, Carpet, Laminate, Vinyl
    Building materials
    Vinyl Siding, Wood Frame
    Roof type
    Metal

    Spectrum Real Estate LLC (207) 233-6699 [email protected]

    Listing agent Fred Andrews (207) 805-3707

    Listing date Nov 16, 2025

    MLS# 1629380 Listing URL

    Copyright © 2025 Maine Real Estate Information System, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Multi-Unit Building with River Views

    This multi-unit building presents an opportunity for investors, flippers, or contractors. Situated next to a small city park with river views, the property offers potential for the right buyer. The first floor has been completely gutted, providing a blank slate for customization, whether for a rental unit or owner-occupied space. The demolition work is already completed. The second and third floors were recently rented and require cosmetic updates to meet rentable standards. With cleaning and painting, these units could become income-producing while the first floor is completed. The property is suited for buyers using cash, hard money, or private capital. The property could serve as a high-yield rental, a flip project, or a long-term investment with equity potential. The property is 2554 square feet and sits on a 0.06-acre lot.
    Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Lewiston
    County
    Androscoggin
    State
    Maine
    Longitude
    -70.216226
    Latitude
    44.088539

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    FAQs

    What type of property is this?
    Triplex - Multi-unit building with potential for investors and contractors.
    Where is this triplex located?
    The property is located at 280 Lincoln Street Aly Lewiston, ME.
    What is the asking price?
    The asking price for this property is $159,900.
    What are key features of this property?
    This property features: - Significant value-add opportunity for investors/contractors.; - Located next to a city park with river views.; - Potential for high-yield rental income from two upper-floor units.
    (207) 805-3707
    Request Owner's contact information
    280 Lincoln Street Aly Lewiston, ME 04240
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    Lewiston, ME 04240
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    280 Lincoln Street Aly Lewiston, ME 04240
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