50, 54, 56 Knox Street Lewiston, ME 04240
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.
- Property TypeMulti-Family
- NeighborhoodN/A
- CountyAndroscoggin
- Taxes$2,984
- HOA/Condo/Coop Fees$0
- Days on Site340 Days
- MLS StatusPending
- MLS ID Number1563471
- Home Size Source N/A
- Year Built1881
- Lot Size0.35 Acres
- Full Baths20
- Partial BathsN/A
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Learn MoreRecent Activity For 50, 54, 56 Knox Street Lewiston, ME 04240
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General Features
- Style Multi- Level
- Construction Vinyl Siding
- Parking 5 - 10 SpacesPavedCommonOn SiteOff Street
- Sewer Public Sewer
- Electric Circuit Breakers
- Basement FullInterior EntryUnfinished
- Acreage 0.35
- Water Public
- Zoning DR
Interior Features
- Cooling None
- Heating Multi- ZonesHot WaterBaseboard
- Flooring Other
Exterior Features
- Roof Flat
- Waterfront Property No
- Lot LevelSidewalksIntownNear Turnpike/ Interstate