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About This Home
This 0-bedroom, 8-bathroom residential multi family at 151 Horton Street in Lewiston, ME is listed for $899,000 ($114 per sqft). Built in 1896, the home offers 7,920 sqft of living space on a 0.22 acres lot.
Well-maintained and updated 8-unit multifamily in a strong Lewiston rental market, offering a mix of stability and upside. The property features a diverse unit mix of (2) one-bedroom, (4) two-bedroom, and (2) three-bedroom units - positioning it well to attract a broad tenant base and reduce vacancy risk.
The property has seen a mix of major exterior capital improvements and ongoing interior upgrades. Key components including the roof, siding, and heating system have been updated, helping reduce near-term capital expenditure risk. Several units have been renovated with updated kitchens, flooring, and interior finishes, supporting strong tenant deman
d and rental performance, while leaving additional units available for future improvements and continued rent growth. The property offers off-street parking for all units and benefits from Lewiston's continued rental demand and limited supply of larger multifamily assets.
With a solid operational foundation already in place, this is a turnkey opportunity for investors seeking dependable cash flow with the ability to further optimize rents and increase long-term value. Whether you're scaling an existing portfolio or acquiring a stabilized asset in a growing market, this building checks the boxes for both performance and potential.
Key Features
- Built in 1896
- 0.22 acre lot
Property Details
Monthly Cost Estimate
$4,808/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
151 Horton Street
Lewiston, ME 04240
Property Details
Flooring
Construction
Pool Features
Heating
Questions & Answers
This 0-bedroom, 8-bathroom residential multi family at 151 Horton Street is listed at $899,000 ($114/sqft). The estimated monthly payment is $3,896 based on 20% down at 6.5% interest.
Key features include: Built in 1896, 0.22 acre lot.
This property is listed by Daniel Weber Nicholas Laverriere and can be reached at 2072843043 or info@vistareb.com.



