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280 Lincoln Street

Lewiston

$174,900

beds   ·   4 baths   ·   2,554 sqft   ·   0.06 acres   ·   taxes: $2,324   ·   MLS#: 1629380

Investor & Contractor Special - Unlock the Potential! This is a fantastic opportunity for savvy investors, flippers, or contractors looking for their next project. Located next to a small city park with river views, this multi-unit building offers great bones and serious upside for the right buyer. The first floor has been completely gutted. It's a blank slate waiting for your finishing touches. Whether you're planning another base rental unit or custom owner-occupied space, all the demo work is already done, saving you time and money. The second and third floors were recently rented and require some cosmetic updates to bring them up to rentable standards. With some light TLC... cleaning, painting, etc, you could have two income-producing units up and running quickly, while finishing the first floor at your own pace. Please note: This property will not qualify for conventional financing. It's best suited for buyers using cash, hard money, or private capital. With the right vision, this could be a high-yield rental, a smart flip, or a long-term hold with excellent equity potential. Properties with this kind of value-add opportunity don't last long—schedule your showing today and see the potential for yourself! (Please note some pics are from when the building was previously rented)

MORE DETAILS

Structure

  • Electric : Circuit Breakers
  • Year Built : 1891
  • Style : Other
  • Flooring : Wood, Vinyl, Laminate, Carpet
  • Garage Spaces : 0.00
  • Roof : Metal
  • Basement : Walk-Out Access, Exterior Only, Unfinished
  • Heating : Baseboard
  • Cooling : None

Site

  • Water Body Name : Androscoggin River
  • Water Source : Public
  • Utilities : Utilities On
  • Sewer : Public Sewer
  • Zoning : RESI
  • Road Surface Type : Paved
Listing provided by Spectrum Real Estate

Listing data is derived in whole or in part from the Maine IDX & is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.
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© Camden Real Estate Company
43 Elm Street
Camden, Maine 04843
207.236.6171
info@camdenre.com
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43 Elm Street Camden, Maine 04843
207.236.6171     info@camdenre.com
   
© Camden Real Estate Company
privacy policy