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Bean Group
Offered at $459,000Pending
beds
—
baths
4
sq ft
3,930
Built
1891

16 Howe Street

Lewiston, ME 04240

About this home

Investors take notice! 16 Howe Street is a great opportunity to own a recently updated 3-unit multi-family property with immediate value-add potential. Featuring new siding, updated interiors, recently paved off-street parking, and a low-maintenance exterior, this property offers a solid foundation for an investor looking to expand their portfolio. Two units are currently vacant, providing the opportunity to secure new tenants at market rents and increase overall income, while one unit is already occupied and generating rental revenue. Conveniently located near local amenities, shopping, dining, and transportation, this property offers the perfect combination of recent improvements and future upside. Whether you're a seasoned investor or looking to make your first multi-family purchase, 16 Howe Street is an opportunity you don't want to miss.

Listing last checked: Listing updated:

Listed by Listing Agent · EXP Realty · MLS #1671791

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Details at a glance

Interior3 property facts
Heating
Oil, Baseboard, Hot Water, Zoned
Cooling
Other
Flooring
Carpet, Vinyl, Wood
Building3 property facts
Style
Other
Year built
1891
Roof
Shingle
Land & utilities4 property facts
Lot size
0.08 acres
Water
Public
Sewer
Public Sewer
Zoning
DR
Financial2 property facts
Annual taxes
$2,518
Assessment year
2025

Location

Estimated monthly cost

Explore costs at the $459,000 asking price. Adjust the assumptions to your situation.

Known monthly costs$2,531 / monthAdjust
Principal & interest
$2,321
Property tax
$210
Insurance
Not entered
HOA
Not entered

Listing annual taxes: $2,518. Initial monthly tax is one twelfth of that amount. HOA amount was not supplied.

Partial estimate: add insurance, monthly HOA to include those costs. Blank amounts are unknown.

The initial 6.5% rate is illustrative, not a current rate or lender quote. Excludes utilities, maintenance, closing costs and mortgage insurance, which may apply with a down payment below 20%. Taxes and insurance can change.

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About 16 Howe Street

Can I request a private showing?

Request a tour of 16 Howe Street and a Bean Group agent will help coordinate an available time with the listing side.

Can you help me evaluate this property?

Yes. We can discuss condition, comparable sales, offer strategy and the questions worth asking before you decide whether to proceed.

Are property documents available?

Availability varies by property and source. Request the documents you need and we will help obtain what is available.