855.375.4001
Listing Courtesy of: Tyler Stewart - Keller Williams Realty 207-879-9800
$525,000 affordable loan icon

50 Street Lewiston, ME 04240

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Multi-Family Residence
Beds
8 Baths
... Bed/Bath
10,265 Sq. Ft.

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Last updated on 11/20/2024 3:41 AM
SELLER CONCESSIONS AVAILABLE! Investors, you won't want to miss this 8-unit multifamily property in Lewiston boasting a 12.33% cap rate. With three vacancies and recent, modest renovations in some units, this property is positioned for strong financial performance, turn-key cash flow, and significan...t value-add potential. The new roof in 2022 adds to the long-term stability, while opportunities for upgrades in the remaining units offer a clear path to increased equity. This property is ideal for investors looking to grow their portfolio with a focus on long-term gains. Able to be purchased with additional 8-Unit located at 54 Knox (MLS #1801823) Continue reading
MLS#
1601822
Property Type
Multi-Family
Bathrooms
8 Full
Year Built
1881
Square Feet
10,265 sq. ft
Lot Size
0.13

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Listing Courtesy of: Tyler Stewart - Keller Williams Realty 207-879-9800
Andrea D. Conner, License DB922721, Xome Inc., License AC90602770, [email protected], 844-400-XOME (9663), 750 Highway 121 Bypass, Suite 100, Lewisville, Texas 75067


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. © 2024 Maine Real Estate Information System, Inc. All Rights Reserved.
This content last refreshed on 11/20/2024 3:41 AM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Information is deemed reliable but is not guaranteed.
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