37 Union St

Beds
14,400 Sq. Ft.
$69 / Sq. Ft.
14,400
Sq. Ft.
$69
per Sq. Ft.

Description

Turnkey 10-unit investment opportunity in the heart of Lewiston. 37 Union Street has undergone an extensive renovation, with all ten apartments receiving significant interior updates including new flooring, updated kitchens, renovated bathrooms, fresh finishes, and modernized living spaces. The unit mix offers a strong blend of 1-bedroom, 2-bedroom, and 3-bedroom apartments, providing broad tenant appeal and helping reduce vacancy risk. Beyond the cosmetic improvements, major capital expenditures...Turnkey 10-unit investment opportunity in the heart of Lewiston. 37 Union Street has undergone an extensive renovation, with all ten apartments receiving significant interior updates including new flooring, updated kitchens, renovated bathrooms, fresh finishes, and modernized living spaces. The unit mix offers a strong blend of 1-bedroom, 2-bedroom, and 3-bedroom apartments, providing broad tenant appeal and helping reduce vacancy risk. Beyond the cosmetic improvements, major capital expenditures have already been completed. The property features two brand-new heating systems, two new hot water heaters, and a roof that has been professionally inspected and deemed to be in good condition. Investors can take comfort knowing many of the costly deferred maintenance items have already been addressed. Currently generating $12,613 per month in rental income, this asset offers immediate cash flow with the potential benefits of a fully stabilized and updated building. Many of the apartments showcase attractive hardwood floors, original architectural details, built-ins, and spacious layouts that tenants appreciate, while the updated systems help minimize future maintenance concerns. Conveniently located in Lewiston, residents enjoy easy access to local employers, restaurants, shopping, public transportation, and the ongoing redevelopment occurring throughout the city. The property is also just minutes from Bates College, Central Maine Medical Center, and the Auburn-Lewiston commercial corridor, making it a desirable location for a wide range of tenants. Whether you're looking to expand an existing portfolio or acquire a large multifamily property with substantial renovations already completed, 37 Union Street presents a rare opportunity to purchase a cash-flowing 10-unit building with major updates already in place.
  1. Listed by Daniel Weber Nicholas Laverriere • Keller Williams Realty
    P: (207)-284-3043 C: (207)-332-0792 info@vistareb.com
  2. Listed by Daniel Weber • Keller Williams Realty
    P: (207)-332-0792 C: (207)-332-0792 dan@vistareb.com

Property Details for 37 Union Street

Architectural Style
Other
Has Waterfront
No
LISTING UPDATED: 06/17/2026 03:05 PM

Property Details for 37 Union Street

StatusActive
MLS #1667692
Days on Market18
Taxes$6,454 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeMulti-Family
Year Built1916
Lot Size0.12 AC / 5,227 SF
CountyAndroscoggin County

Location

Listing Courtesy of Keller Williams Realty
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Building Information for 37 Union Street

Stories-Residences10Year Built1916Building Size-Lot Size0.12 AC / 5,227 SF

Payment Calculator

$5,516 per month

30 year fixed, 6.36% Interest

Principal and Interest

$4,978

Property Taxes

$538

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 37 Union Street

Summary
Location and General Information
  • Water View: No
  • Page: 278
  • Directions: College Street to Union Street
  • Latitude: 44.101528
  • Longitude: -70.211451
Taxes and HOA
  • Association: No
  • Parcel Number: LEWI-000194-000000-000321
  • Tax Lot: 321
  • Tax Book Number: 11517
  • Tax Map Number: 194
  • Tax Year: 2025
  • Tax Annual Amount: $6,454.00
Parking
  • Parking Features: Gravel, Off Street
  • Vehicle Storage: No Vehicle Storage
  • Has Attached Garage: No
  • Has Garage: No
Property
Lot Information
  • Lot Features: Near Turnpike/Interstate, Near Town, Neighborhood, Level, Open Lot
  • Lot Size Acres: 0.12
  • Lot Size Area: 0.12
  • Lot Size Source: Public Records
  • Lot Size Square Feet: 5227.2
  • Lot Size Units: Acres
  • Roads: Paved, Public
  • Road Surface Type: Paved
  • SqFt Source: Appraiser
  • Tree Growth: No
Property and Assessments
  • Above Grade Finished Area: 7200.0
  • Below Grade Finished Area: 7200.0
  • Building Area Total: 14400.0
  • Property Type: Multi-Family
  • Surveyed: No
  • Year Built: 1916
Building Features
  • Levels: Multi-Level
  • Construction Materials: Wood Frame, Vinyl Siding
Financial Information
  • List Price/SqFt: $138.75
Utilities
  • Electric: Circuit Breakers
  • Gas: Natural - On Site
  • Sewer: Public Sewer
  • Water Source: Public
  • Water Heater: Electric
  • Utilities: Pole
  • Utilities On: No
Interior and Exterior Features
Exterior Features
  • Roof: Flat, Membrane
Interior Features
  • Bathrooms Full: 10
  • Bathrooms Total Decimal: 10.0
  • Bathrooms Total Integer: 10
  • Basement: Interior Entry, Finished, Partial, Unfinished
  • Has Cooling: No
  • Heating: Gas Natural, Baseboard
  • Has Heating: Yes
  • Flooring: Vinyl, Wood
Multi Family
Multi Family Information
  • # of 1 BD Units: 5
  • # of 2 BD Units: 2
  • # of 3 BD Units: 3
  • Number Of Units Total: 10
Income & Expenses
  • Gross Income: $151,356.00
  • Operating Expense: $61,656.35
Rental
Rent Information
  • Land Lease: No

Property History for 37 Union Street

DateEvent & SourcePriceAppreciation
Jun 17, 2026

Listed (Active)

Maine Listings #1667692

$999,000
Feb 5, 2024

Sold (Public Record)

Public Record #1526756637

$375,000
Feb 5, 2024

Sold

Maine Listings #1581853

$375,000
DateEvent & SourcePrice
06/17/2026

Listed (Active)

Maine Listings #1667692

$999,000
02/05/2024

Sold (Public Record)

Public Record #1526756637

$375,000
02/05/2024

Sold

Maine Listings #1581853

$375,000

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

Public Records for 37 Union Street

Taxable ValueLand$14,760Additions$182,140Total$196,900
Tax Record2025$6,454 ($538 / month)
Home Facts
Total Finished SqFt9,084 SqFtAbove Grade Finished SqFt9,084 SqFtLot Size5,227 SqFtStyleMulti-Family Res (5+ Units)Year Built1916CountyANDROSCOGGINAPNLEWI M:194 L:321

Schools near 37 Union Street

This home is within Lewiston Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 6
Public - 7 to 8
Public - 9 to 12
Public - PK to 6
Rating
School
Distance
Montello School
PublicPK to 6

Lewiston Middle School
Public7 to 8

Lewiston High School
Public9 to 12

Robert V. Connors Elementary School
PublicPK to 6

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.

Similar Homes

37 Union Street is a multi-family home for sale in Lewiston, ME 04240. This property was listed for sale on June 17, 2026 by Keller Williams Realty, it's currently listed at $999,000. It has been on the market for a total of 18 days and was last sold on February 5, 2024. This listing's school district is Lewiston Public Schools. Nearby schools include Montello School, Lewiston Middle School and Lewiston High School. 37 Union Street is a 0-bed, 10-bath, 14,400 sqft multi-family home built in 1916.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim 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 seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Keller Williams Realty

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. © 2026 Maine Real Estate Information System, Inc. All Rights Reserved.