Offering a 10% cap rate, this 6-unit property is a rare find in the heart of downtown Lewiston. With three 3-bedroom units and three 4-bedroom units, the building boasts extra-large layouts that are always in demand — perfect for attracting long-term tenants and maximizing rental income. The property features… Read More a new EPDM roof installed in 2018 and a large 15-space parking lot, providing both peace of mind and added convenience for tenants. Located just steps from downtown amenities, this building combines strong in-place cash flow with plenty of value-add potential for future equity growth. Whether you're looking to expand your portfolio or break into one of Maine's busiest rental markets, this property checks all the boxes for savvy investors. Read Less
Courtesy of Keller Williams Realty 207-879-9800
Listing Snapshot
Days Online
17
Last Updated
Full Baths
6
Square Ft.
7,560
Lot Size
0.19 Acres
Year Built
1881
MLS Number
1620617
30 Days Snapshot Of 04240
$290k
0%
(avg) sold price
17
+13%
homes sold
29
+314%
(avg) days on market
Snapshot
Area Map
Source: Home Junction
Additional Details
Basement
Basement: "Interior", "Finished", "Unfinished"
Building
Architectural Style: "Other", Building Area Total: 7,560, Construction Materials: "Vinyl Siding", "Wood Frame", Number Of Units Total: 6, Year Built: 1881, 3 stories
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.
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