26 Webster Street, Lewiston, ME 04240 (MLS # 1604003)

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PRICE $625,000 dsIDX morgage calculator
BEDS 0
BATHS 5
HOME SIZE 6,314 sqft
LOT SIZE 8,277 sqft

Introducing an exceptional investment opportunity in the heart of a thriving rental market: a 5-unit apartment building with impressive cash flow potential. This well-maintained property offers a robust rental income stream, making it an ideal addition to any real estate portfolio. Situated in a dynamic neighborhood with strong demand for rental properties, this building benefits from a vibrant local market where vacancies are low and rental rates are on the rise. The area's steady economic growth and increasing population contribute to a favorable environment for landlords seeking reliable returns. Each unit provides ample living space and functional layouts, ensuring broad appeal to a diverse range of tenants. With a touch of TLC, this property could see significant appreciation. Updating the interiors and enhancing common areas could not only increase the rental income but also elevate the property's overall value. Whether you're a seasoned investor or just starting out, this property offers a solid foundation and promising upside. Take advantage of the current market trends and unlock the full potential of this high-cash-flow investment.

LAST UPDATED 9/17/2024 YEAR BUILT 1939
GARAGE SPACES 1.0 COUNTY Androscoggin
STATUS Active PROPERTY TYPE(S) Multi Family


ADDITIONAL DETAILS
AIR None
BASEMENT Full, Interior Entry, Unfinished, Yes
CONSTRUCTION Vinyl Siding
GARAGE Attached Garage, Yes
HEAT Baseboard
LOT 8276 sq ft
LOT DESCRIPTION Level, Open Lot
MLS STATUS Active
PARKING Paved, On Site, Attached
SEWER Public Sewer
STORIES 3
STYLE Multi-Level, New Englander
TAXES 4575
WATER Public
ZONING DR
MORTGAGE CALCULATOR
   

TOTAL MONTHLY PAYMENT

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Listing provided by Hearth & Key Realty, 207-223-6325

Listing data is derived in whole or in part from the Maine IDX & is for consumers'' personal, non-commercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.© 2024 Maine Real Estate Information System, Inc. All Rights Reserved.

Additional school data provided by Onboard Informatics © 2024 Onboard Informatics. Information deemed reliable but not guaranteed.

Mortgage Calculator provided by Diverse Solutions © 2024

IDX data provided by Market Leader, courtesy of Maine Listings.

This IDX solution is (c) Diverse Solutions 2024.


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