78 Howard Street, Lewiston, ME 04240

Local realty services provided by:Better Homes and Gardens Real Estate The Masiello Group
78 Howard Street,Lewiston, ME 04240
$585,000
  • - Beds
  • 6 Baths
  • 7,200 sq. ft.
  • Multi-family
  • Active
Office: keller williams realty
MLS#:1665292
Source:ME_MREIS

Price summary

  • Price:$585,000
  • Price per sq. ft.:$81.25

About this home

OPEN HOUSES - Friday the 5th, from 4:30 - 6pm and Saturday the 6th, from 11am - 12pm Your next investment is already running smoothly. It is time to let your money work for you - not the other way around! 78 Howard Street is the kind of deal every investor is looking for. Already under professional management, with many major expenses already taken care of. But not so upgraded that it has lost any potential for value add. A new investor can make a few light changes, fill vacancy, and step into potential increased equity. Once filled at market rent you're looking at right around a 10% cap rate. The existing management team knows the property and wants to stay on. No hassle of interviewing management, trying to keep your records straight, or adding personnel to your current team to handle more units. At $585,000, this is an accessible entry point into Lewiston's growing rental market with a clear, low-effort path to full stabilization. Schedule your showing today!

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Home facts

  • Year built:1925
  • Listing ID #:1665292
  • Updated:June 05, 2026 at 08:51 PM

Rooms and interior

  • Total bathrooms:6
  • Full bathrooms:6
  • Flooring:Wood
  • Basement Description:Full, Interior Entry, Unfinished
  • Living area:7,200 sq. ft.

Heating and cooling

  • Heating:Baseboard, Gas Natural, Heating

Structure and exterior

  • Roof:Flat
  • Year built:1925
  • Building area:7,200 sq. ft.
  • Lot area:0.11 Acres
  • Lot Features:Intown, Level
  • Construction Materials:Vinyl Siding, Wood Frame
  • Foundation Description:Brick/Mortar, Stone

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$585,000
  • Price per sq. ft.:$81.25
  • Tax amount:$5,015 (2026)

Parking

  • Parking description:1 - 4 Spaces, Off street, On Street, Paved
MLS LogoMREIS Multiple Listing Service™ systemListing 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. © 2026 Maine Real Estate Information System, Inc. All Rights Reserved ME_MREIS Member Broker: Christopher Masiello