Fully Rented Multifamily
For Sale
$535,000
99 College Street, Lewiston, ME 04240
Lewiston, ME
Property Size5,957 SF
Price / SF$89.81
Days on Market102
Property Features for 99 College Street
General Information
Property type
Residential Multi Family
Property subtype
Single Family Attached
Bathrooms
5
Full bathrooms
5
Standard status
Active
Size
5,957 SF
Building Details
Year built
1900
Listing Agency:
Auburn, Maine · Better Homes and Gardens Real Estate
(207) 782-8311
Listed By:
Linda Davis
(207) 795-9644
Added: Jun 9
Changed: Sep 18
Last Checked: Sep 18 at 6:06AM
MLS# 1666169
Copyright © 2026 Better Homes and Gardens-The Masiello Group. 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.
This multifamily property at 99 College Street contains 5,957 square feet and was built in 1900. Several updates have been completed, and the building is fully rented with established tenants occupying the property. The asset carries a 6.7% cap rate and is positioned as an income-producing addition to a multifamily portfolio.
Located in Lewiston, Maine, the property offers an existing rental operation rather than vacant space requiring lease-up. Its established occupancy and completed updates provide a defined operating profile for a buyer evaluating a fully leased residential income property.
Located in Lewiston, Maine, the property offers an existing rental operation rather than vacant space requiring lease-up. Its established occupancy and completed updates provide a defined operating profile for a buyer evaluating a fully leased residential income property.
Key Highlights
- 5,957‑square‑foot multifamily property
- 6.7% cap rate
- Fully rented with established tenants
Property Analytics
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Current Use
Lease Details
100%
Occupancy
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
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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?
Multifamily property - Updated multifamily building with full occupancy and established tenants in place.
Where is this multifamily property located?
The property is located at 99 College Street Lewiston, ME.
What is the asking price?
The asking price for this property is $535,000.
What are key features of this property?
This property features: 5,957‑square‑foot multifamily property; 6.7% cap rate; Fully rented with established tenants
