Multifamily Property for Sale in Lewiston, ME

  • Price: $1M
  • Listing type: For sale
  • Asset type: Multifamily Property
  • Location: Lewiston, ME 04240
  • Size: 29,365 SF
  • Year built: 1881

Description

Introducing a remarkable Multi-Family investment opportunity! This enticing portfolio consists of three value-add properties, totaling 20 units. With substantial upside potential for equity, these properties present a highly lucrative prospect for savvy investors in search of impressive returns! Situated in downtown Lewiston, 50, 54 & 56 Knox boast consistent rental demand with tremendous upside potential. With careful management and implementation of value-add strategies, such as renovating units and optimizing rental rates, there is ample opportunity to increase rental income significantly! In addition to the attractive financial prospects, this portfolio also offers convenience and accessibility. With close proximity to major transportation routes, hospitals, schools, parks, police/fire, and other desirable amenities, continued tenant demand is ensured. You won't want to miss this exceptional opportunity to add 20 units to your investment portfolio. Whether you're an experienced investor or entering the market for the first time, this property provides many opportunities for an excellent ROI with the potential for long-term wealth accumulation. Act now to secure your position in this thriving multi-family real estate market! Additional 3-unit (MLS #1563470) adjacent to property is available to purchase for additional amount. Building SF: 29365 | Year Built: 1881 | Listing Type: FOR SALE

Market Context

This multifamily in Lewiston, ME is listed for sale at $1,000,000 across 29,365 SF. The building dates to 1881. It has been on the market for 23 days. Compare it against other multifamily listings for sale in Lewiston, ME — <a href="/search/sale/multifamily/maine/lewiston">view the full market</a>.

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