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Downtown Rooming House Portfolio
For Sale
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69 Horton St, Lewiston, ME 04240

Portfolio sale includes three rooming house buildings totaling 59 units in downtown Lewiston.

Property SizeContact for details
Days on Market124

Property Features for 69 Horton St

General Information

Standard status Active
Property subtype Multifamily

Additional Details

Multifamily Units 59
Listing Agency: The Boulos Company Portland
Listed By: Noah Stebbins · License #BR928219
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Jul 23 at 8:15AM

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 The Boulos Company Portland

Investment Insights

Based on property information with market context.

This for-sale portfolio includes three separately managed buildings operating as rooming houses, with a combined total of 59 units. The offering includes 69 Horton Street, 92 Bartlett Street, and 137 College Street.

The properties are located in the heart of downtown Lewiston and are described as being within walking distance of one another.

The portfolio is presented as an exclusive multi-building sale opportunity in an investment-focused submarket.

Key Highlights

  • Rooming house portfolio sale with 3 buildings: 92 Bartlett St, 137 College St & 69 Horton St
  • Total of 59 rooming units across the three buildings
  • All three buildings are in downtown Lewiston and within walking distance of each other

Property Analytics

Current Use

Norwich House Child Welfare Organization

Suggested Use

Top Pick Carpet & Flooring Store (Bike/Boat/Book/etc) Store Butcher Electrical Service Garden Center Travel Agency

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

59
Residential units

Location Intelligence

Trade Area within ½ mile

2,273
Businesses Nearby

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

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Portfolio sale includes three rooming house buildings totaling 59 units in downtown Lewiston.
Where is this apartment building located?
The property is located at 69 Horton St Lewiston, ME.
What are key features of this property?
This property features: Rooming house portfolio sale with 3 buildings: 92 Bartlett St, 137 College St & 69 Horton St; Total of 59 rooming units across the three buildings; All three buildings are in downtown Lewiston and within walking distance of each other
(207) 400-6737 Call to check price and availability
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