26 Webster ST Active Save Request In-Person Tour Request Virtual Tour
Lewiston,ME 04240
Key Details
Property Type Multi-Family
Listing Status Active
Square Footage 6,314 sqft
Price per Sqft $86
MLS Listing ID 1604003
Style Multi-Level,New Englander
Full Baths 5
Year Built 1939
Annual Tax Amount $4,575
Tax Year 2024
Lot Size 8,276 Sqft
Property Description
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.
Location
State ME
County Androscoggin
Zoning DR
Interior
Heating Baseboard
Cooling None
Flooring Wood,Vinyl,Carpet
Laundry Washer Hookup
Exterior
Garage 5 - 10 Spaces,Paved,On Site
Garage Spaces 1.0
Waterfront No
View Y/N No
Roof Type Flat,Membrane,Pitched,Shingle
Building
Lot Description Level,Open Lot,Sidewalks,Intown,Near Shopping,Near Turnpike/Interstate,Neighborhood
Story 3
Foundation Concrete Perimeter,Brick/Mortar
Sewer Public Sewer
Water Public
Structure Type Vinyl Siding,Wood Frame