ACT
Price$299,000
Est. Mortgage: $/month
ActiveMLS Number 1592156
- MultiFamily
- Bathroom 3
- Square Feet 3,086
- Acreage 0.11
Amazing owner occupied opportunity centrally located in the heart of downtown Lewiston! This building offers 3 - 2 bedroom units located in the heart of downtown Lewiston, close to area amenities, hospitals, and schools, walking distance to shops, dining, arts and entertainment. Come check out all this property has to offer!
Listed by River's Edge Realty LLC
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ACT
Price$825,000
Est. Mortgage: $/month
ActiveMLS Number 1610714
- MultiFamily
- Bathroom 8
- Square Feet 6,128
- Acreage 0.23
Fully occupied 8-unit and wonderful investment opportunity in Lewiston. Within walking distance to the Colisee and Marcott Park Playground. Brand new rubber roof and all units recently updated. Separate heating systems for each unit. Don't miss your chance to make this your next investment.
Adjacent parking lot on back right side does not convey with this property, belongs to another building.
Listed by Summit Real Estate
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ACT
Price$300,000
Est. Mortgage: $/month
ActiveMLS Number 1610631
- MultiFamily
- Bathroom 2
- Square Feet 2,350
- Acreage 0.11
Here is an excellent intown 2 unit with large and spacious apartments located at the end of Shawmut Street. Good owner occupant or investor potential. First level - unit 1, has 3 good size bedrooms, kitchen with a pantry, dining area with built-ins, hardwood flooring, nice high ceilings, full bath, more. The second level - unit 2, also has 3 bedrooms, ample closets, kitchen, dining area, etc., full bath, pretty much the same floor plan as unit 1, both apartments have good space. Full basement with laundry, BBHW heat, city gas for hot water, lot size is .11 acre, city water/sewer, building has front and back egress, each unit also has a back porch, front parking, and back yard area. Needs some updating, but a solid building with much to offer. Seller lives in one unit, and the other unit is below market rent.
Listed by Sprague & Curtis Real Estate
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ACT
Price$850,000
Est. Mortgage: $/month
ActiveMLS Number 1590292
- MultiFamily
- Bathroom 9
- Square Feet 7,218
- Acreage 0.11
Nice 9 unit package that has had many capital improvements made such as lead abatement, kitchens, flooring, painting + rental increases w/ more upside as well. This two building portfolio offers (1) 1 bedroom, (4) 2 bedrooms +
(4) 4 bedroom units. Please don't miss the opportunity to own an investment that has good cash flow + appreciation in one of the hottest markets in the state of Maine!
Listed by F.O. Bailey Real Estate
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ACT
Price$235,000
Est. Mortgage: $/month
ActiveMLS Number 1600801
- MultiFamily
- Bathroom 4
- Square Feet 2,554
- Acreage 0.06
** INVESTORS TAKE NOTICE **
Three units right outside of downtown Lewiston. The property sits on a corner lot right next to a beautifully maintained, low traffic park. All of the units boast screened in decks off the front of the house, with a breath taking view of the Androscoggin River. The third story unit has two spacious bedrooms and plenty of living space, while the other two units have three bedrooms. In 2022, a new egress stairway was built for the second and third story units, and a brand new metal roof was installed in June of this year.
The first story unit is down to the studs and ready for a new owner to come in and finish what was started. Don't miss out on the opportunity to make this your own!
Listed by Spectrum Real Estate
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PEN
Price$389,000
Est. Mortgage: $/month
PendingMLS Number 1609853
- MultiFamily
- Bathroom 2
- Square Feet 2,240
- Acreage 0.32
Looking for an investment opportunity? 59 Webber Ave is waiting for you! This owner occupied two unit has been immaculately kept over the years. The second floor houses a long term tenant that respects the property as their own. Each unit boasts a large kitchen and dining area with a walk-in pantry, laundry, 3 bedrooms and a full bath. The dry, full basement provides space for utilities and storage, as well as the detached 2-car garage. Front and back decks look out over the expansive yard in this convenient residential neighborhood. Just minutes from all in-town amenities, including restaurants and shopping. This is a must see, schedule your showing today!
Listed by Bearfoot Realty
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PEN
Price$345,000
Est. Mortgage: $/month
PendingMLS Number 1608017
- MultiFamily
- Bathroom 2
- Square Feet 2,636
- Acreage 0.19
Two family building with first floor offering kitchen, living room, full bath, 2 bedrooms and a den. The second floor consists of kitchen, living room,
bath and 3 bedrooms. Both units offer front and back enclosed porches
Listed by Keller Williams Realty
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PEN
Price$415,000
Est. Mortgage: $/month
PendingMLS Number 1605669
- MultiFamily
- Bathroom 5
- Square Feet 4,811
- Acreage 0.07
Exceptional Cash Flow Property with Major Upgrades!
Fully occupied and cash flowing, this 5-unit multifamily property is an investor's dream! Featuring 2 spacious two-bedroom units and 3 cozy one-bedroom units, this building is generating an impressive gross annual income of $66,000, with a net of more than $50,000 per year.
Recent upgrades include a brand new roof and high-efficiency natural gas heat and hot water systems, installed just 3 years ago, ensuring low operating costs for years to come. The big-ticket items have already been taken care of, making this property a hassle-free investment with minimal future capital expenditures.
Located in a high-demand rental area, this property is well-positioned for continued success. Don't miss out on this turnkey opportunity with stable tenants and excellent returns!
Key Features:
2 x 2-bedroom units, 3 x 1-bedroom units
Gross income: $66,000/year
Net income: More than $50,000/year
New roof and efficient heating systems (3 years old)
Natural gas heating and hot water
Fully occupied with stable tenants
Invest now and start earning immediate cash flow!
Listed by Maine Source Realty
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ACT
Price$549,000
Est. Mortgage: $/month
ActiveMLS Number 1604003
- MultiFamily
- Bathroom 5
- Square Feet 6,314
- Acreage 0.19
Introducing an exceptional investment opportunity in the heart of a thriving rental market: a 5-unit apartment building with impressive cash flow potential. This well-maintained property offers a robust rental income stream, making it an ideal addition to any real estate portfolio.
Situated in a dynamic neighborhood with strong demand for rental properties, this building benefits from a vibrant local market where vacancies are low and rental rates are on the rise. The area's steady economic growth and increasing population contribute to a favorable environment for landlords seeking reliable returns.
Each unit provides ample living space and functional layouts, ensuring broad appeal to a diverse range of tenants. With a touch of TLC, this property could see significant appreciation. Updating the interiors and enhancing common areas could not only increase the rental income but also elevate the property's overall value.
Whether you're a seasoned investor or just starting out, this property offers a solid foundation and promising upside. Take advantage of the current market trends and unlock the full potential of this high-cash-flow investment.
Listed by Hearth & Key Realty
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ACT
Price$400,000
Est. Mortgage: $/month
ActiveMLS Number 1601823
- MultiFamily
- Bathroom 8
- Square Feet 11,915
- Acreage 0.11
SELLER CONCESSIONS AVAILABLE! Investors, here's your chance to unlock significant value with this 8-unit property in Lewiston. While it does require capital infusion, the potential is undeniable. With strategic updates and improvements, this property offers a clear path to increased rental income and equity growth. Ideal for a long-term hold, this investment promises strong financials once stabilized, making it a great addition to any portfolio focused on long-term gains.
Able to be purchased with additional 8-Unit located at 50 Knox (MLS #1801822)
Listed by Keller Williams Realty
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