8-Unit Apartment
For Sale
$720,000
198 Park Street, Lewiston, ME 04240
The vacant building offers a four-and-four mix of one- and two-bedroom apartments, with updated exterior siding and windows.
Property Size8,900 SF
Price / SF$80.90
Days on Market13
Property Features for 198 Park Street
General Information
Standard status
Active
Size
8,900 SF
Property subtype
Multi-family
Property Condition
Severity
Repairs Needed
Evidence
ready for your finishing touches
Units
Unit Mix
4 x 2BR, 4 x 1BR
Multifamily Units
8
Additional Details
Public Transit
Yes
Amenities
High Rise
Other
Building Details
Year Built
1881
Listing Agency:
Fontaine Family-The Real Estate Leader
Listed By:
Charmaine Raby
(207) 577-1034
Source:
Brendafontaine
Added: Sep 28
Changed: Oct 10
Last Checked: Oct 10 at 1:09AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Fontaine Family-The Real Estate Leader
Investment Insights
Based on property information with market context.
This 8,900-square-foot apartment building contains eight units: four with one bedroom and four with two bedrooms. The property is vacant and cleared out. Newer siding and windows are in place, and the building dates to 1881.
At 198 Park Street in Lewiston, the property is near downtown destinations, including restaurants, shops, services, parks, and employment. Public transit hubs are also nearby, and the area is described as walkable.
A Matterport walkthrough and photographs show examples of both one- and two-bedroom layouts.
At 198 Park Street in Lewiston, the property is near downtown destinations, including restaurants, shops, services, parks, and employment. Public transit hubs are also nearby, and the area is described as walkable.
A Matterport walkthrough and photographs show examples of both one- and two-bedroom layouts.
Key Highlights
- Eight apartments: four 1‑bedroom units and four 2‑bedroom units
- 8,900 square feet; built in 1881
- Vacant and cleaned out
Property Analytics
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Current Use
Lease Details
8
Residential units
Location Intelligence
Trade Area within ½ mile
1,508
Businesses Nearby
Explore this area
Business Placement
Demographics for 04240, ME
37,121
Population
16,852
Households
2.2
Avg Household Size
38
Median Age
22%
College-Educated
90%
High-School Grad
34.1 sq mi
ZIP Area
1,089
Density / Sq Mi
$56,558
Median Household Income
$36,734
Median Earnings
$954
Median Rent
$214,200
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Apartment building - The vacant building offers a four-and-four mix of one- and two-bedroom apartments, with updated exterior siding and windows.
Where is this apartment building located?
The property is located at 198 Park Street Lewiston, ME.
What is the asking price?
The asking price for this property is $720,000.
What are key features of this property?
This property features: Eight apartments: four 1‑bedroom units and four 2‑bedroom units; 8,900 square feet; built in 1881; Vacant and cleaned out
