$525,000
50 Knox Street
Lewiston
Listing Courtesy of
Keller Williams Realty
50 Knox Street, Lewiston, ME 04240
SELLER CONCESSIONS AVAILABLE! Investors, you won't want to miss this 8-unit multifamily property in Lewiston boasting a 12.33% cap rate. With three vacancies and recent, modest renovations in some units, this property is positioned for strong financial performance, turn-key cash flow, and significant value-add potential. The new roof in 2022 adds to the long-term stability, while opportunities for upgrades in the remaining units offer a clear path to increased equity. This property is ideal for investors looking to grow their portfolio with a focus on long-term gains.
Able to be purchased with additional 8-Unit located at 54 Knox (MLS #1801823)
Able to be purchased with additional 8-Unit located at 54 Knox (MLS #1801823)
Listing Courtesy of
Keller Williams Realty
DETAILS
- Listing Id1601822
- StatusPending
- TypeMulti-Family
- SeasonalNo
- Map / Lot196 / 260
- Book / Page10985 / 196-197
- Sq Ft Finished Above Grade10265
- Sq Ft Finished Total10265
- Total Baths8 / 0
- Waste Water DisposalPublic Sewer
- WaterPublic
- Heat SystemBaseboard, Hot Water, Multi-Zones
- CoolingNone
- ElectricCircuit Breakers
- BasementDirt Floor, Full, Interior Entry, Unfinished
- RoofFlat
- FloorsTile, Vinyl
- GarageNo
- Lot FeaturesIntown, Level, Sidewalks
- Parking Features5 - 10 Spaces, Common, Off Street, On Street, Paved
- StyleMulti-Level
- Checked For UpdatesWednesday, November 20, 2024 at 7:31 PM
- IDX Listing UpdatedThursday, October 10, 2024 at 12:33 PM
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