54 Knox Street
Multi-Family
for Sale
| Catylist Listing ID: |
30876959 |
| Property Subtypes: |
Mixed Use
|
| Number of Units: |
8 Units |
| Building Size (RSF): |
11,915 SF |
| Gross Land Area: |
0.11 Acres
|
| Sale Price: |
$400,000 |
| Unit Price: |
$50,000 Per Unit |
| Property Use Type: |
Investment |
| Building Name: |
54 Knox Street |
| Sale Terms: |
Cash to Seller, Other |
| Cap Rate: |
Undisclosed |
| Last Updated: |
8/28/2024 |
Overview / Comments
|
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)
|
Additional Details
| Nearest MSA: |
Lewiston-Auburn |
| County: |
Androscoggin |
| Tax ID/APN: |
LEWI-000196-000000-000261 |
| Zoning: |
DR |
| Parking Type: |
Surface |
| Total Parking Spaces: |
10 |
| Heat Type: |
Electricity |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
19,840 |
48,932 |
61,525 |
| Median Age: |
32.43 |
37.14 |
38.51 |
| Households: |
8,610 |
20,804 |
25,977 |
|
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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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