Excellent investment opportunity in the heart of downtown Lewiston! This fully occupied 6-unit multifamily is located in a federally designated Opportunity Zone, which may offer significant tax advantages for long-term investors--verify with your CPA. The property features one 3-bedroom four 2-bedroom units and one 1-bedroom units, offering a solid unit… Read More mix for consistent rental income. Over the past four years, the current owners have invested more than $100,000 in updates, transforming the building from a distressed asset into a well maintained and stabilized investment. With strong professional management already in place, this is a true turnkey property, ideal for 1031 exchange buyers or those seeking to start or expand their portfolio. Lewiston's multifamily market is highly competitive, with few large multi-units properties available. Don't miss your chance to acquire a solid asset in one of Maine's fastest-moving rental markets. Schedule your private showing today. Read Less
Architectural Style: "Other", Building Area Total: 6,936, Construction Materials: "Vinyl Siding", "Wood Frame", Number Of Units Total: 6, Year Built: 1901
Cooling
Cooling: "None"
Expenses
Operating Expense: $30,850
Floors
Flooring: "Wood", "Vinyl", "Carpet"
Foundation
Foundation Details: "Brick/Mortar"
Heating
Heating: "Hot Water", "Baseboard", Heating Included
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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