79 Dow Avenue Lewiston, ME 04240
MULTI_FAMILY - Cape Cod - Lewiston, ME
Property Features for 79 Dow Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- nca
- Bathrooms
- 3
- Rooms
- Basement, Bathroom 3, Bathroom 1, Bathroom 2
- Patio and Porch features
- Porch, Deck
- Interior features
- 1st Floor Bedroom, Shower, Storage
- Basement
- Unfinished, Full
- Standard status
- Active
- Size
- 2,276 SF
- Lot size
- 0.21 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 3174
Utilities
- Sewer type
- Public Sewer
- Heating system
- Hot Water(Heating), Natural Gas, Baseboard
- Water source
- Public
Building Details
- Year built
- 1916
- Number of units
- 3
- Flooring type
- Vinyl, Plank
- Building materials
- Wood Frame, Aluminum Siding
- Roof type
- Shingle
- Architectural style
- Cape Cod
- Additional Structures
- Storage
Listing agent Roy L'Italien Jr. (207) 754-6789
Listing office CENTURY 21 Advantage 506 Main Street, Lewiston, ME (207) 782-2121
Listing date Jul 10, 2026
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.
Investment Insights
Based on property information with market context.
The property is located at 79 Dow Avenue in Lewiston, Maine (04240), in Androscoggin County. Zoning is listed as NCA.
The building size is 2,276 square feet, sitting on a 0.21-acre lot. For additional details on the updates and current condition of each unit, contact the listing broker, Roy L’Italien.
Key Highlights
- 3‑unit property in Lewiston with a well‑kept backyard and garage
- 2 of 3 units recently updated
- Year built 1916 with Cape Cod architectural style
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 | $32.5k | $14.28 |
| − Vacancy | −$432 | −$0.19 |
| EGI | $32.1k | $14.09 |
| − OpEx | −$9.6k | −$4.23 |
| NOI | $22.4k | $9.86 |
