Renovated 10-Unit Multifamily
For Sale
$969,000
37 Union Street, Lewiston, ME 04240
Turnkey 10-unit property with extensive interior renovations and new heating and hot water systems.
Property Size14,400 SF
Price / SF$67.29
Days on Market92
Property Features for 37 Union Street
General Information
Standard status
Active
Size
14,400 SF
Property subtype
Multi-family
Building Details
Year Built
1916
Listing Agency:
Keller Williams Realty
Listed By:
Daniel Weber Nicholas Laverriere
(603) 866-2942
Source:
Profoundrealestate
Added: Jun 8
Changed: Sep 6
Last Checked: Sep 7 at 11:14AM
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 Keller Williams Realty
Investment Insights
Based on property information with market context.
This turnkey 10-unit multifamily building at 37 Union Street has undergone extensive renovation, with all ten apartments receiving significant interior updates. Improvements include new flooring, updated kitchens, renovated bathrooms, fresh finishes, and modernized living spaces. The unit mix includes 1-bedroom, 2-bedroom, and 3-bedroom apartments.
Major capital items have also been addressed. The property features two brand-new heating systems, two new hot water heaters, and a roof that has been professionally inspected and deemed to be in good condition.
Located in Lewiston, the property offers convenient access to local employers, restaurants, shopping, public transportation, and ongoing redevelopment throughout the city. It is also minutes from Bates College, Central Maine Medical Center, and the Auburn-Lewiston commercial corridor. The building is currently generating $12,613 per month in rental income.
Major capital items have also been addressed. The property features two brand-new heating systems, two new hot water heaters, and a roof that has been professionally inspected and deemed to be in good condition.
Located in Lewiston, the property offers convenient access to local employers, restaurants, shopping, public transportation, and ongoing redevelopment throughout the city. It is also minutes from Bates College, Central Maine Medical Center, and the Auburn-Lewiston commercial corridor. The building is currently generating $12,613 per month in rental income.
Key Highlights
- 10‑unit multifamily building built in 1916 at 37 Union Street in Lewiston
- Extensive interior renovations completed: new flooring, updated kitchens, renovated bathrooms, and fresh finishes in all 10 apartments
- Unit mix includes 1‑bedroom, 2‑bedroom, and 3‑bedroom apartments
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
2,245
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
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Turnkey 10-unit property with extensive interior renovations and new heating and hot water systems.
Where is this apartment building located?
The property is located at 37 Union Street Lewiston, ME.
What is the asking price?
The asking price for this property is $969,000.
What are key features of this property?
This property features: 10‑unit multifamily building built in 1916 at 37 Union Street in Lewiston; Extensive interior renovations completed: new flooring, updated kitchens, renovated bathrooms, and fresh finishes in all 10 apartments; Unit mix includes 1‑bedroom, 2‑bedroom, and 3‑bedroom apartments
