26 Webster Street, Lewiston, ME 04240 (MLS # 1604003)
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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 |
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GARAGE SPACES | 1.0 | COUNTY | Androscoggin |
STATUS | Active | PROPERTY TYPE(S) | Multi Family |
ADDITIONAL DETAILS | |
AIR | None |
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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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