100 Horton Street, Lewiston, ME 04240 (MLS # 1660385)

View Virtual Tour PRICE $329,000 SIZE 3,800 sqft LOT SIZE 2,614 sqft Request More Info Schedule a Showing

PRICE REDUCED!! Investor opportunity with strong income potential and mixed-use flexibility. Live in one unit while generating revenue from the others, or maximize returns with full rental use. The first floor features a fully operational laundromat equipped with Speed Queen washers and dryers, offering an established income stream. Updates include new flooring, French doors, sliding windows, and an outdoor deck for customers. An additional office space at 70 Walnut--currently leased as a real estate office--has its own private entrance, creating another revenue source. The second floor offers a spacious two-bedroom apartment with hardwood floors throughout, a large eat-in kitchen, dining room, and living room. A covered outdoor porch with added privacy, TV, and ceiling fan enhances tenant appeal. The third-floor studio includes a new ceiling and electric heat. While it requires finishing, it presents a value-add opportunity with strong rental potential. The owners have owned it for 10 years and due to family issue they are looking for all reasonable offers. Additional property in Lewiston featuring 7 acres in the countryside, a fully rebuilt mobile home with a large addition, and three spacious outbuildings with power, has potential of another building lot if buyer wants. Purchase 100 Horton St along with this mobile home for $500,000 or best reasonable offer, both must be sold together.