54 Pierce St
Multi-Family
for Sale
Sale Pending
| Catylist Listing ID: |
30843948 |
| Property Subtypes: |
Mid-Rise
|
| Status: |
Pending |
| Number of Units: |
6 Units |
| Building Size (RSF): |
4,648 SF |
| Gross Building Area: |
See Agent |
| Sale Price: |
$375,000 |
| Unit Price: |
$62,500 Per Unit |
| In Opportunity Zone? |
Yes |
| Property Use Type: |
Investment |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
6/5/2023 |
Overview / Comments
|
Introducing an incredible investment opportunity! This 6-unit multi-family property is a fantastic value proposition for savvy investors. With a proven rental history and impressive income potential, it promises a solid return on investment. Each unit offers spacious layouts and abundant natural light, ensuring comfortable living spaces for tenants. Located in a downtown setting, this property provides convenient access to nearby amenities, including shopping centers, dining options, and public transportation. Its strategic location also allows for easy commuting and attracts a diverse pool of tenants. With its strong rental demand and desirable location, this multi-family property is a smart choice for those looking to maximize their investment potential. This property presents a promising opportunity for both seasoned investors and those new to real estate. Whether you're expanding your portfolio or entering the market, this 6-unit multi-family property offers an excellent chance to secure consistent cash flow and long-term growth. Don't miss out on this lucrative venture that combines affordability, tenant appeal, and a prime location. Act now and seize this remarkable investment opportunity!
|
Financials
| Finance Data Year |
2023 |
| Real Estate Taxes - Annual($) |
$3,950 (Annual) |
Additional Details
| Nearest MSA: |
Lewiston-Auburn |
| County: |
Androscoggin |
| Tax ID/APN: |
LEWI-000195-000000-000501 |
| Zoning: |
DR |
| Year Built: |
1863 |
| Roof Type: |
Flat |
| Construction/Siding: |
Wood Frame |
| Parking Description: |
Off street; On site |
| Total Parking Spaces: |
20 |
| Heat Type: |
Natural Gas |
| Heat Source: |
Baseboard |
| Zoning Description: |
DR |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
20,203 |
48,932 |
59,530 |
| Median Age: |
31.81 |
37.14 |
38.35 |
| Households: |
8,732 |
20,804 |
25,186 |
|
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The information presented herein is provided as is, without warranty of any kind.
Neither New England Commercial Property Exchange nor
Moody's assume any liability for errors or omissions.
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