119 Pierce St
Lewiston, ME 04240

$585,000

Last Sold Price

Beds

Baths

5,134 Sq. Ft.

$114 / Sq. Ft.

5,134

Sq. Ft.

$114

per Sq. Ft.

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Closed 8/28/23

Description

Huge cash flowing 3 unit + a single family house for additional income or occupancy. This is a 3-unit with 5 (FIVE!) bedrooms and 2 baths in each unit. PLUS a HOUSE with 3bds/1.5 baths. The house is vacant and ready to be rented for income or used by an owner occupant. Fully occupied income yields a cap rate over 11%.Huge cash flowing 3 unit + a single family house for additional income or occupancy. This is a 3-unit with 5 (FIVE!) bedrooms and 2 baths in each unit. PLUS a HOUSE with 3bds/1.5 baths. The house is vacant and ready to be rented for income or used by an owner occupant. Fully occupied income yields a cap rate over 11%.

Listed by Briton Vitalius • Vitalius Real Estate Group, LLC
Listed by Christopher Sullivan • Vitalius Real Estate Group, LLC

Property Details for 119 Pierce Street

Waterfront

ArchitecturalStyle

Multi-Level

Garage

Zoning

LISTING UPDATED: 01/14/2025 10:55 PM

Property Details for 119 Pierce Street

Status	Closed
MLS #	1565303
Days on Market	7
Taxes	$3,010 / year
HOA Fees	-
Condo/Co-op Fees	-
Property Type	Multi Family
MLS Type	Multi-Family
Year Built	1921
Lot Size	0.11 AC / 4,791 SF
County	Androscoggin County

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Location

Listing Courtesy of Vitalius Real Estate Group, LLC

Sold By Fontaine Family-The Real Estate Leader

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Building Information for 119 Pierce Street

Stories-Residences4Year Built1921Building Size-Lot Size0.11 AC / 4,791 SF

Payment Calculator

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$3,197 per month

30 year fixed, 6.46% Interest

Principal and Interest

$2,946

Property Taxes

$251

HOA Dues

The Payment Calculator is for illustrative purposes only.

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Property Information for 119 Pierce Street

Summary

Location and General Information

Road Surface Type: Paved
Zip Code: 7986

Town: Lewiston
State/Province: ME
Zip Code: 04240
County: Androscoggin
Geo Latitude: 44.09453
Geo Longitude: -70.211039
Tax Lot: 096
Site:Level: Yes
Site:Open: Yes
Site:Sidewalks: Yes
Location:Intown: Yes
Location:Near Town: Yes
Location:Near Turnpike/Interstate: Yes
Construction: Wood Frame
Water View2: No

Parking

Parking Features: 5 - 10 Spaces, Gravel
Attached Garage: No

Parking: 5 - 10 Spaces

Taxes and HOA Information

Tax Book Number: 8974
Tax Map Number: 196

Tax Year: 2023
Parcel Number: LEWI-000196-000000-000096
Location Information:Association Y/N: No
Tax Annual Amount: $3,010.00

Property

Heating and Cooling

Water Heater:Gas: Yes
Heat Fuel: Gas Natural

Heat System: Forced Air, Hot Water

Lot Information

SqFt Finished Below Grade: 0.0
SqFt Finished Above Grade: 5134.0

Lot Size Acres: 0.11
Source of Acreage: Public Records
Building Area Total: 5134.0
Lot Size Area: 0.11
Lot Size Units: Acres
Lot Size Square Feet: 4791.6
Bathrooms Full: 7
Bathrooms Half: 1
Street Number: 119
Property Information:Surveyed: No
Property Information:Seasonal: No
Property Information:Total Half Baths: 1.00

Parking

Driveway:Gravel: Yes
Driveway: Gravel

Property and Assessments

Sign on Property: Yes
Leased Land: No

Property Type: Multi-Family
Property Type Label: Multi-Family
Year Built: 1921

Utilities

Electric: Circuit Breakers
Sewer: Yes

Water Source: Public
Utilities:Utilities On: Yes
Gas:Natural - At Street: Yes
Water Heater: Gas

Interior and Exterior Features

Exterior Features

Construction Materials: Vinyl Siding, Asbestos, Wood Frame
Vehicle Storage:No Vehicle Storage: Yes

Roof: Flat, Shingle
Vehicle Storage: No Vehicle Storage
Basement Entry: Interior

Interior Features

Basement: Unfinished
Flooring: Wood, Vinyl, Tile

Cooling: None
Heating: Hot Water, Forced Air
Bathrooms Total (Integer): 8
Bathrooms Total (Decimal): 7.50
Bathrooms Total (Notational): 7.10
Cooling YN: No
Heating YN: Yes

Multi Family

Income & Expenses Information

Gross Income: $74,868.00
Operating Expenses: $16,078.00

Gross Income: $74,868.00
Operating Expenses: $16,078.00

Multi-Family Information

Number of Units: 4

Unit 1

Unit 1:Lease: Yes
Unit 1:Level: First

Unit 1:Security Deposit: Yes
Unit 1:Monthly Rent: $2,110.00
Unit 1:# Full Baths: 2.00
Unit 1:# of Half Baths: .00
Unit 1:# of Rooms: 7.00
Unit 1:# of Bedrooms: 5.00
Unit 1:Dedicated Electric Meter: Yes
Unit 1:Dedicated Gas Meter: No
Unit 1:Dedicated Water Heater: No
Unit 1:Electric: No
Unit 1:Heat: Yes
Unit 1:Range: Yes
Unit 1:Refrigerator: Yes
Unit 1:Sewer: Yes
Unit 1:Water: Yes

Unit 2

Unit 2:Lease: Yes
Unit 2:Level: Second

Unit 2:Monthly Rent: $2,110.00
Unit 2:# Full Baths: 2.00
Unit 2:# Half Baths: .00
Unit 2:# of Rooms: 7.00
Unit 2:# of Bedrooms: 5.00
Unit 2:Dedicated Electric Meter: Yes
Unit 2:Dedicated Gas Meter: No
Unit 2:Dedicated Water Heater: No
Unit 2:Electric: No
Unit 2:Heat: Yes
Unit 2:Range: Yes
Unit 2:Refrigerator: Yes
Unit 2:Sewer: Yes
Unit 2:Water: Yes

Unit 3

Unit 3:Lease: Yes
Unit 3:Level: Third

Unit 3:Monthly Rent: $2,019.00
Unit 3:# Full Baths: 2.00
Unit 3:# Half Baths: .00
Unit 3:# of Rooms: 7.00
Unit 3:# of Bedrooms: 5.00
Unit 3:Dedicated Electric Meter: Yes
Unit 3:Dedicated Gas Meter: No
Unit 3:Dedicated Water Heater: No
Unit 3:Electric: No
Unit 3:Heat: Yes
Unit 3:Range: Yes
Unit 3:Refrigerator: Yes
Unit 3:Sewer: Yes
Unit 3:Water: Yes

Unit 4

Unit 4:Lease: No
Unit 4:Level: First

Unit 4:Monthly Rent: $.00
Unit 4:# Full Baths: 1.00
Unit 4:# Half Baths: 1.00
Unit 4:# of Rooms: 5.00
Unit 4:# of Bedrooms: 3.00
Unit 4:Dedicated Electric Meter: Yes
Unit 4:Dedicated Gas Meter: Yes
Unit 4:Dedicated Water Heater: Yes
Unit 4:Electric: No
Unit 4:Heat: No
Unit 4:Range: Yes
Unit 4:Refrigerator: Yes
Unit 4:Water: Yes

Unit Information

Units:# of 1 BD Units: 0
Units:# of 2 BD Units: 0

Units:# of 3 BD Units: 1
Units:# of 4+ BD Units: 3

Property History for 119 Pierce Street

Date	Event & Source	Price	Appreciation
Aug 28, 2023	Sold (Public Record) Public Record #1517486110	$585,000	—
Aug 28, 2023	Sold Maine Listings #1565303	$585,000	—
Jul 21, 2023	Pending Maine Listings #1565303		—
Jul 21, 2023	Active Under Contract Maine Listings #1565303		—
Jul 14, 2023	Listed (Active) Maine Listings #1565303	$499,000	—

Date	Event & Source	Price
08/28/2023	Sold (Public Record) Public Record #1517486110	$585,000
08/28/2023	Sold Maine Listings #1565303	$585,000
07/21/2023	Pending Maine Listings #1565303	—
07/21/2023	Active Under Contract Maine Listings #1565303	—
07/14/2023	Listed (Active) Maine Listings #1565303	$499,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 119 Pierce Street

Taxable ValueLand$17,040Additions$88,560Total$105,600

Tax Record2025$3,462 ($288 / month)

Home Facts

Total Finished SqFt5,452 SqFtAbove Grade Finished SqFt5,452 SqFtLot Size4,792 SqFtStyleMulti-Family Res (5+ Units)Year Built1881CountyANDROSCOGGINAPNLEWI M:196 L:096

Schools near 119 Pierce Street

This home is within Lewiston Public Schools.


Rating	School	Type	Grades	Distance
NR	Governor James B Longley Elementary School	Public - Serves this home	PK to 6	0.3 mi
1/10	Lewiston Middle School	Public - Serves this home	7 to 8	0.7 mi
2/10	Lewiston High School	Public - Serves this home	9 to 12	0.5 mi
1/10	Robert V. Connors Elementary School	Public - Nearby school	PK to 6	0.6 mi
NR	St Dominic Academy	Private - Nearby school	PK to 12	0.7 mi
NR	Central Maine Christian Academy	Private - Nearby school	PK to 11	0.7 mi


Rating	School	Distance
NR	Governor James B Longley Elementary School PublicPK to 6 Serves this home	0.3 mi
1/10	Lewiston Middle School Public7 to 8 Serves this home	0.7 mi
2/10	Lewiston High School Public9 to 12 Serves this home	0.5 mi
1/10	Robert V. Connors Elementary School PublicPK to 6 Nearby school	0.6 mi
NR	St Dominic Academy PrivatePK to 12 Nearby school	0.7 mi
NR	Central Maine Christian Academy PrivatePK to 11 Nearby school	0.7 mi

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Vitalius Real Estate Group, LLC

Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. © 2022 Maine Real Estate Information System, Inc. All Rights Reserved.

119 Pierce StLewiston, ME 04240

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119 Pierce St
Lewiston, ME 04240