53 Nichols Street, Lewiston, ME 04240

$540,000
Property Type: Multi-Family Baths: 4 Square Footage: 3,220 Lot Size (sq. ft.): 4,792 Status: Closed
Current Price: $540,000 List Date: 4/13/2026 Last Modified: 5/22/2026

Description

Don't miss this fantastic opportunity to own a fully vacant 3-unit property in a prime location just steps from Bates College, CMMC & St-Mary's Hospital. Featuring one spacious 3-bedroom unit and two well-sized 2-bedroom units, this building offers strong rental potential and flexibility for both investors and owner-occupants. The property has been thoughtfully updated inside and out, including a new roof, providing peace of mind for years to come. Each unit offers comfortable living spaces with functional layouts, while the on-site coin-op laundry adds convenience and additional income potential. Whether you're looking to add a solid asset to your portfolio or live in one unit while renting the others, this well-located multi-family checks all the boxes. Fully vacant and ready for its next owner, opportunities like this are increasingly rare.

Supplements: ********

More Information MLS# 1655806

Location Information

Street #: 53 Street Name: Nichols Street Type: Street County: Androscoggin Town: Lewiston State/Province: ME Zip Code: 04240 Zip +4: 8508 Leased Land: No Book: 8146 Page: 224 Map: 194 Lot: 188 Zoning: NCB Zoning Overlay: No Association: No Full Tax Amount $: 4160 Tax Year: 2025 Tree Growth Y/N: No Geo Lat: 44.101755 Geo Lon: -70.207546

Contract Information

Status: Closed Original List Price: 550000 Sold Price: $540,000 Current Price: $540,000

Property Information

Surveyed: Unknown Seasonal: No Owner Occupied: No Deed/Conveyance Type Offered: Warranty Deed: All Deed Restrictions: Unknown Bank Owned REO: No 2 Detached Houses on 1 Lot: No Number of Units: 3 Total Baths: 4 Total Full Baths: 4 Color: Blue Year Built: 1886 SqFt Finished Above Grade: 3220 SqFt Finished Total: 3220 SqFt Source: Public Records Furniture: Unfurnished Garage: No Lot Size Acres +/-: 0.11 Source of Acreage: Public Records Road Frontage: No

Status Change Info

Pending Date: 2026-04-14 Closed Date: 2026-05-22 Closed Price: 540000

Water Info

Water Frontage: No Water View: No

Building Info

# Stories: 3 # Floors: 3 # Heating Units: 3 # Water Heaters: 1

Units

# of 2 BD Units: 2 # of 3 BD Units: 1

Unit 1

Lease: No Level: First Security Deposit: No Monthly Rent: 2300 # Full Baths: 2 # of Rooms: 5 # of Bedrooms: 3 Dedicated Electric Meter: Yes Dedicated Gas Meter: No Dedicated Water Heater: No Electric: No Heat: Yes Range: Yes Refrigerator: Yes Sewer: Yes Water: Yes

Unit 2

Lease: No Level: Second Security Deposit: No Monthly Rent: 1800 # Full Baths: 1 # of Rooms: 5 # of Bedrooms: 2 Dedicated Electric Meter: Yes Dedicated Gas Meter: No Dedicated Water Heater: No Electric: No Heat: Yes Range: Yes Refrigerator: Yes Sewer: Yes Water: Yes

Unit 3

Lease: No Level: Third Security Deposit: No Monthly Rent: 1200 # Full Baths: 1 # of Rooms: 3 # of Bedrooms: 2 Dedicated Electric Meter: Yes Dedicated Gas Meter: No Dedicated Water Heater: No Electric: No Heat: Yes Range: Yes Refrigerator: Yes Sewer: Yes Water: Yes

Utilities

Utilities On: No

Sold Info

Appraiser Email Address: aprazer20@gmail.com

Property Features

Site: Rolling/Sloping; Sidewalks Location: Intown; Near Town; Neighborhood Roads: Paved; Public Transportation: Major Road Access Style: Other Levels: Multi-Level Construction: Wood Frame Basement: Full; Unfinished Basement Entry: Interior Foundation Materials: Brick/Mortar; Stone Exterior: Wood Siding Roof: Shingle Heat System: Direct Vent Heater; Hot Water Heat Fuel: Gas Natural Water Heater: Gas; Rented Cooling: None Floors: Laminate; Tile; Wood Amenities: 1st Floor Bedroom; Attic; Laundry - 1st Floor; Laundry - Coin Patio and Porch Features: Deck; Porch Equipment: Cable; Internet Access Available Driveway: Paved Parking: 1 - 4 Spaces; Off Street; On Site Vehicle Storage: No Vehicle Storage Electric: Circuit Breakers Gas: Natural - On Site Sewer: Public Sewer Water: Public
Listing Office: Portside Real Estate Group
Last Updated: May - 22 - 2026
53 Nichols Street, Lewiston, ME 04240- MLS# 1655806
Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. Copyright ©2026 Maine Real Estate Information System, Inc. All Rights Reserved. Equal Housing Opportunity.