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    103 Winter Street, Lewiston, ME 04240

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    For Sale
    $299,000

    MULTI_FAMILY - Other - Lewiston, ME

    Property size:
    2,186 SF
    Lot size:
    0.11 Acres
    Price / SF:
    $136/SF
    Added:
    Jun 19, 2026
    Days on Market:
    8
    Last Refresh:
    Jun 26 at 11:06 pm

    Property Features for 103 Winter Street

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Zoning
    NCB
    Bathrooms
    2
    Rooms
    Bathroom 1, Basement, Bathroom 2
    Patio and Porch features
    Porch
    Interior features
    1st Floor Bedroom, Attic
    Basement
    Full
    Standard status
    Active
    Size
    2,186 SF
    Lot size
    0.11 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Annual Amount
    2999

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Oil, Baseboard
    Cooling system
    Wall Unit(s)
    Water source
    Public

    Building Details

    Year built
    1904
    Number of units
    2
    Flooring type
    Plank, Linoleum, Vinyl
    Building materials
    Wood Frame, Vinyl Siding
    Roof type
    Shingle
    Architectural style
    Other

    We can help!

    Contact an agent
    Cindy Morin
    Cindy Morin

    Listing agent Cindy Morin

    Listing office Fontaine Family-The Real Estate Leader 336 Center Street, Auburn, ME

    Listing date Jun 19, 2026

    MLS# 1668131 Listing URL

    Copyright © 2026 Maine Listings. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • 2‑unit property with 1st‑floor unit offering 3 bedrooms and 2nd‑floor unit offering 2 bedrooms
    • Covered porch on the 2nd‑floor unit overlooks the backyard
    • Both units include laundry hookups
    • Basement includes a workshop area for hobbies, projects, storage, or workspace
    • Heating is oil with baseboard; cooling is wall unit(s)
    • Built in 1904 with wood frame construction, vinyl siding, and a shingle roof; public water and public sewer

    Overview

    This well-maintained two-unit residential property offers flexible living and rental arrangements, with the first-floor unit featuring three bedrooms and the second-floor unit offering two bedrooms. The upper unit includes a covered porch that overlooks the backyard, providing an outdoor area for seasonal enjoyment. Both units include laundry hookups for convenient in-home laundry access. Additional usable space is found in the basement, which includes a workshop area suited for storage, projects, or an at-home workspace.

    The property is located near everyday conveniences, including shopping, dining, and local attractions. Outdoor recreation is also nearby, with access to local hiking trails and Sunnyside Park.

    With two separate units, the building can support a variety of owner-occupant and landlord scenarios, including occupying one unit while renting the other. The mix of bedroom counts and the presence of dedicated covered outdoor space and basement workshop utility can be especially helpful for tenants looking for practical, functional in-home features. Zoned NCB, this property is positioned as a straightforward multi-unit option for buyers seeking a well-cared-for duplex-style setup.

    Local Financial Insights For Multifamily LT 5

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $31.2k $14.28
    − Vacancy −$415 −$0.19
    EGI $30.8k $14.09
    − OpEx −$9.2k −$4.23
    NOI $21.6k $9.86
    2,186 SF · lease $14.28/SF/yr · vacancy 1.33% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $308.0K
    $269.5K – $359.4K (±1% cap)
    NOI $21,561 @ 7.0% cap · market cap 7.21%
    Second Best
    Apartment 5plus
    $292.6K
    $256.1K – $341.4K (±1% cap)
    NOI $20,485 @ 7.0% cap · market cap 6.85%
    Theoretical Best
    Warehouse
    $3.88M
    $3.40M – $4.53M (±1% cap)
    NOI $271,775 @ 7.0% cap · market cap 90.89%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Lewiston
    County
    Androscoggin
    State
    Maine
    Longitude
    -70.217339
    Latitude
    44.106642

    FAQs

    What type of property is this?
    Duplex - Well-maintained 2-unit home with separate unit layouts, laundry hookups, and a basement workshop for added utility.
    Where is this duplex located?
    The property is located at 103 Winter Street Lewiston, ME.
    What is the asking price?
    The asking price for this property is $299,000.
    What are key features of this property?
    This property features: 2‑unit property with 1st‑floor unit offering 3 bedrooms and 2nd‑floor unit offering 2 bedrooms; Covered porch on the 2nd‑floor unit overlooks the backyard; Both units include laundry hookups
    More about this property
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