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: |
$86,111.11 Per Unit |
Property Use Type: |
Investment |
Sale Terms: |
Cash to Seller |
Cap Rate: |
12.32% |
Last Updated: |
8/14/2024 |
Overview / Comments
18 unit portfolio located at 179 Pine St + 115-117 Pierce St, Lewiston. There has been many capital improvements made such as kitchens, flooring, painting + rental increases w/ more upside as well. This 3 building package offers (7) 1 bedrooms, (7) 2 bedrooms & (4) 3 bedroom units. Please don’t miss the opportunity to own an investment that has good cash flow + appreciation in one of the hottest markets in the state of Maine!
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Financials
Finance Data Year |
2024 |
Real Estate Taxes - Annual($) |
$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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