68 Howe Street

Closed 1/29/25
Closed 1/29/25
68 Howe st
Front of Building
Left Side Entrance
Right Side Entrance
68 howe st
68 Howe st
3rd floor right unit
3rd floor right unit
3rd floor right unit
3rd floor right unit
Sold
Last Sold Price
$375,000
4,811 sqft
68 Howe St, Lewiston, ME 04240
Multi FamilyProperty Type
0.07 acresLot Size
1866Year Built
$78/sq ftPrice per sq ft

Description

Exceptional Cash Flow Property with Major Upgrades! Fully occupied and cash flowing, this 5-unit multifamily property is an investor's dream! Featuring 2 spacious two-bedroom units and 3 cozy one-bedroom units, this building is generating an impressive gross annual income of $66,000, with a net of more than $50,000 per year. Recent upgrades include a brand new roof and high-efficiency natural gas heat and hot water systems, installed just 3 years ago, ensuring low operating costs for years to come....Exceptional Cash Flow Property with Major Upgrades! Fully occupied and cash flowing, this 5-unit multifamily property is an investor's dream! Featuring 2 spacious two-bedroom units and 3 cozy one-bedroom units, this building is generating an impressive gross annual income of $66,000, with a net of more than $50,000 per year. Recent upgrades include a brand new roof and high-efficiency natural gas heat and hot water systems, installed just 3 years ago, ensuring low operating costs for years to come. The big-ticket items have already been taken care of, making this property a hassle-free investment with minimal future capital expenditures. Located in a high-demand rental area, this property is well-positioned for continued success. Don't miss out on this turnkey opportunity with stable tenants and excellent returns! Key Features:

2 x 2-bedroom units, 3 x 1-bedroom units
Gross income: $66,000/year
Net income: More than $50,000/year
New roof and efficient heating systems (3 years old)
Natural gas heating and hot water
Fully occupied with stable tenants
Invest now and start earning immediate cash flow!
  • Listed by: Dustin Mallar 207.513.0373 dustin@mainesource.com • Maine Source Realty
Listing closed: 01/29/2025 12:00 AM • Source: Maine Listings, MLS#: 1605669
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Location

Listing Courtesy of Maine Source Realty

Sold By Hearth & Key Realty

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$2,232 per month

30 year fixed, 6.71% Interest

Principal and Interest

$1,938

Property Taxes

$295

HOA Dues

$0

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Property Information for 68 Howe Street

Property Details
  • Taxes: $3,536 / year
  • MLS Type: Multi-Family
  • County: Androscoggin County
  • Architectural Style: Other
  • Style: Other
  • Has Waterfront: No
  • Zoning: DR
Building Information
  • Residences: 5
  • Year Built: 1866
  • Lot Size: 0.07 AC / 3,049 SF
Summary
Location and General Information
  • Water View: No
  • Location: Intown, Near Shopping
  • Page: 163
  • Zoning Overlay: Yes
  • Latitude: 44.097888
  • Longitude: -$70.21
  • Transportation: Major Road Access
Taxes and HOA
  • Association: No
  • Parcel Number: LEWI-000195-000000-000336
  • Tax Lot: 336
  • Tax Block: 000
  • Tax Book Number: 10630
  • Tax Map Number: 195
  • Tax Year: 2024
  • Tax Annual Amount: $3,536.00
Parking
  • Parking Features: No Parking, No Driveway
  • Parking: No Parking
  • Vehicle Storage: No Vehicle Storage
  • Has Attached Garage: No
  • Has Garage: No
Property
Lot Information
  • Lot Features: Open, Level, Right of Way, Intown, Near Shopping
  • Lot Size Acres: 0.07
  • Lot Size Area: 0.07
  • Lot Size Source: Public Records
  • Lot Size Square Feet: 3049.2
  • Lot Size Units: Acres
  • Roads: Paved, Public
  • Road Surface Type: Paved
  • SqFt Source: Public Records
  • Site: Level, Open, Right of Way
Property and Assessments
  • Above Grade Finished Area: 4811.0
  • Building Area Total: 4811.0
  • Property Type: Multi-Family
  • Construction: Wood Frame
  • Year Built: 1866
Building Features
  • Levels: Multi-Level
  • Levels: Multi-Level
  • Foundation Details: Block
  • Foundation Materials: Block
  • Construction Materials: Vinyl Siding, Wood Frame
  • Color: White
Financial Information
  • List Price/SqFt: $86.26
  • Property Repairs Y/N: No
Utilities
  • Heat Fuel: Gas Natural
  • Electric: Circuit Breakers
  • Gas: Natural - At Street
  • Sewer: Public Sewer
  • Water Source: Public
  • Water Heater: Gas, On Demand
  • Utilities: Utilities On
  • Utilities On: Yes
Interior and Exterior Features
Exterior Features
  • Exterior: Vinyl Siding
  • Roof: Shingle
  • Driveway: No Driveway
Interior Features
  • Bathrooms Full: 5
  • Bathrooms Total Decimal: 5.0
  • Bathrooms Total Integer: 5
  • Equipment: Internet Access Available
  • Other Equipment: Internet Access Available
  • Basement: Interior, Full, Unfinished
  • Basement: Full, Unfinished
  • Has Cooling: No
  • Heating: Hot Water, Baseboard
  • Has Heating: Yes
  • Flooring: Vinyl, Other
Multi Family
Multi Family Information
  • # of 1 BD Units: 3
  • # of 2 BD Units: 2
  • Number Of Units Total: 5
Income & Expenses
  • Gross Income: $66,000.00
  • Operating Expense: $13,000.00
Rental
Rent Information
  • Land Lease: No

Property History for 68 Howe Street

DateEvent & SourcePriceAppreciation
Jan 29, 2025

Sold (Public Record)

Public Record #1550243483

$375,000—
Jan 29, 2025

Sold

Maine Listings #1605669

$375,000—
Nov 27, 2024

Pending

Maine Listings #1605669

—
DateEvent & SourcePrice
01/29/2025

Sold (Public Record)

Public Record #1550243483

$375,000
01/29/2025

Sold

Maine Listings #1605669

$375,000
11/27/2024

Pending

Maine Listings #1605669

—

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

Public Records for 68 Howe Street

Taxable ValueLand$8,500Additions$102,800Total$111,300
Tax Record2025$3,648 ($304 / month)
Home Facts
Total Finished SqFt4,811 SqFtAbove Grade Finished SqFt4,811 SqFtLot Size3,049 SqFtStyleMulti-Family Res (5+ Units)Year Built1866Year Renovated1866CountyANDROSCOGGINAPNLEWI M:195 L:336

Schools near 68 Howe Street

This home is within Lewiston Public Schools.
Rating
School
Type
Grades
Distance
Montello School
Public - PK to 6
Lewiston Middle School
Public - 7 to 8
Lewiston High School
Public - 9 to 12
Robert V. Connors Elementary School
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.

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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 Maine Source 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.