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Bean Group
Offered at $649,999Active
beds
—
baths
6
sq ft
6,200
Built
1891

256 Park Street

Lewiston, ME 04240

About this home

Discover the exceptional investment opportunity presented by this well-maintained 6-unit multi-family property, ideally positioned in the heart of downtown Lewiston, just moments from area hospitals, Bates College, and local amenities. This property is a standout for investors and owner-occupants alike: with a mix of turned-over and well-maintained units, it offers the rare combination of stability, low vacancy risk, and long-term income potential — 5 of the 6 units are already rented to stable, long-term tenants. Or take the owner-occupant angle and live in one unit while your tenants help cover the mortgage, all within walking distance of downtown conveniences. Whether you're searching for a turnkey addition to your portfolio or a smart way to house-hack your way into ownership, this property checks the boxes. Please provide a 24-48hr notice for all showing requests. Group showings Thursday 9/10 12:00PM - 1:30PM

Listing last checked: Listing updated:

Listed by Listing Agent · Keller Williams Realty · MLS #1679581

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Details at a glance

Interior3 property facts
Heating
Oil, Baseboard, Hot Water
Cooling
None
Flooring
Laminate, Other, Vinyl
Building5 property facts
Style
Other
Year built
1891
Garage
0
Foundation
Stone
Roof
Flat
Land & utilities4 property facts
Lot size
0.11 acres
Water
Public
Sewer
Public Sewer
Zoning
RES
Financial2 property facts
Annual taxes
$4,448
Assessment year
2026

Location

Estimated monthly cost

Explore costs at the $649,999 asking price. Adjust the assumptions to your situation.

Known monthly costs$3,657 / monthAdjust
Principal & interest
$3,287
Property tax
$371
Insurance
Not entered
HOA
Not entered

Listing annual taxes: $4,448. 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 256 Park Street

Can I request a private showing?

Request a tour of 256 Park 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.