50,54,56 Knox Street
Lewiston,
ME
04240
Property Details
List Price: |
$1,000,000 |
Beds: |
-- |
Baths: |
20 |
Status: |
Active |
SqFt: |
29365 |
Agency: |
Keller Williams - Greater Portland |
Description/Comments
Lot Size: |
-- |
Property Type: |
Other |
Year Built: |
1881 |
Notes: |
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. |
MlsNumber: |
1563471 |
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Listing Provided By: |
Keller Williams - Greater Portland, original listing |
Name: |
Keller Williams - Greater Portland |
Phone: |
(207) 879-9800 |
Office Name: |
Keller Williams - Greater Portland |
Office Phone: |
(207) 879-9800 |
Agent Name: |
Tyler Stewart |
Disclaimer: |
Copyright © 2024 Keller Williams Realty, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. |