Listing Courtesy of: Dustin Mallar - Maine Source Realty 207-333-6001
$472,000 affordable loan icon

68 Street Lewiston, ME 04240

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Multi-Family Residence
Beds
5 Baths
4,811 Sq. Ft.
0.07 Acre Lot

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Last updated on 11/7/2024 11:22 AM
Exceptional Cash Flow Property with Major Upgrades! Fully occupied and cash flowing, this 5-unit multifamily property is an investor's dream! Featuring 2 spacious two-bedroom units and 3 cozy one-bedroom units, this building is generating an impressive gross annual income of $66,000, with a net of ...more than $50,000 per year. Recent upgrades include a brand new roof and high-efficiency natural gas heat and hot water systems, installed just 3 years ago, ensuring low operating costs for years to come. The big-ticket items have already been taken care of, making this property a hassle-free investment with minimal future capital expenditures. Located in a high-demand rental area, this property is well-positioned for continued success. Don't miss out on this turnkey opportunity with stable tenants and excellent returns! Key Features: 2 x 2-bedroom units, 3 x 1-bedroom units Gross income: $66,000/year Net income: More than $50,000/year New roof and efficient heating systems (3 years old) Natural gas heating and hot water Fully occupied with stable tenants Invest now and start earning immediate cash flow! Continue reading
MLS#
1605669
Property Type
Multi-Family
Bathrooms
5 Full
Year Built
1866
Square Feet
4,811 sq. ft
Lot Size
0.07

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Listing Courtesy of: Dustin Mallar - Maine Source Realty 207-333-6001
Andrea Conner, License DB922721, Xome Inc., License AC90602770, [email protected], 844-400-XOME (9663), 750 Highway 121 Bypass, Suite 100, Lewisville, Texas 75067


Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. © 2024 Maine Real Estate Information System, Inc. All Rights Reserved.
This content last refreshed on 11/7/2024 11:22 AM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Information is deemed reliable but is not guaranteed.
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