50,54,56 Knox Street Lewiston, ME 04240

Features

• Price/sqft: $34
• Total Rooms: 5
• Room List: Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bathroom 5
• Heating: Baseboard,Hot Water

Facts

• Year Built: 01/01/1881
• Property ID: 881114709
• MLS Number: 1563471
• Property Type: Other
• County: ANDROSCOGGIN
• Listing Status: Active

Sale Type

This is an MLS listing, meaning the property is represented by a real estate broker, who has contracted with the home owner to sell the home.

Description

This listing is NOT a foreclosure. Back on the market at no fault to the Seller!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! With a current cap rate of 11.62% and situated in downtown Lewiston, 50, 54 & 56 Knox boasts consistent rental demand with tremendous upside potential. 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 the property is available to purchase for an additional amount.