Listing provided by: Hearth & Key Realty

26 Webster St

Lewiston, ME 04240
$515,000
Closed
5 Full BathsBathrooms
6,314 ft²Interior
8,276 ft²Lot size

Overview

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.

Details

General

Type
Multi-family
Bathrooms
5 full
Square footage
6,314 sq. ft.
Lot size
8,276 sq. ft.
Year built
1939
Stories
3
Pool
No
Garage
Yes
Parking spaces
1

Included features

Utilities On

Listing information

MLS #
1604003
Listing provided by
Hearth & Key Realty
Sold By
Shivam Kumar, Rockstar Real Estate
Attribution Contact
+12075772847
Status
Closed

Location

County
Androscoggin
Address
26 Webster St, Lewiston, ME 04240