Lewiston 18 unit package for sale
Multi-Family
for Sale
| Catylist Listing ID: |
30872518 |
| Property Subtypes: |
Mid-Rise
|
| Number of Units: |
18 Units |
| Building Size (RSF): |
15,106 SF |
| Gross Building Area: |
See Agent |
| Gross Land Area: |
0.22 Acres
|
| Sale Price: |
$1,550,000 |
| Unit Price: |
$86,111.11 Per Unit |
| Property Use Type: |
Investment |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
12.32% |
| Last Updated: |
9/14/2024 |
Overview / Comments
|
18 unit portfolio located at 179 Pine St + 115-117 Pierce St, Lewiston. There has been many capital improvements made such as kitchens, flooring, painting + rental increases w/ more upside as well. This 3 building package offers (7) 1 bedrooms, (7) 2 bedrooms & (4) 3 bedroom units. Please don’t miss the opportunity to own an investment that has good cash flow + appreciation in one of the hottest markets in the state of Maine!
|
Financials
| Finance Data Year |
2024 |
| Real Estate Taxes - Annual($) |
$8,528 (Annual) |
Additional Details
| Nearest MSA: |
Lewiston-Auburn |
| County: |
Androscoggin |
| Tax ID/APN: |
999999 |
| Zoning: |
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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