496 Sabattus ST new

Lewiston,ME 04240

$ 1485000

- Bed

10 Baths

6978 SqFt


Key Details

Property Type Multi-Family

Listing Status Active

Square Footage 6,978 sqft

Price per Sqft $212

MLS Listing ID 1633090

Style Other

Full Baths 10

Year Built 1930

Annual Tax Amount $7,463

Tax Year 2024

Lot Size 10,454 Sqft

Property Description

First time on the market in over 40 years! This well-maintained 10 unit apartment building is a rare investment opportunity in a prime location. Featuring a newer gas boiler and a recently replaced roof, the property has been thoughtfully cared for and is in excellent shape.

With a solid rental history and a roster of long-term, respectful tenants, this building offers both stability and immediate cash flow. Its strong mechanicals, clean condition, below market rents and unbeatable location makes it ideal for investors looking for a turnkey asset with upside potential. Don't miss your chance to own this legacy property!

Location

State ME

County Androscoggin

Zoning CB

Interior

Heating Radiator,Hot Water,Baseboard

Cooling None

Flooring Tile,Laminate,Carpet

Laundry Laundry - 1st Floor,Main Level,Laundry - Coin

Exterior

Parking Features 5 - 10 Spaces,Paved

View Y/N No

Roof Type Membrane,Other

Building

Lot Description Level,Sidewalks,Intown,Near Golf Course,Near Shopping,Near Turnpike/Interstate,Retail Strip,Shopping Mall,Near Railroad

Foundation Block,Concrete Perimeter

Sewer Public Sewer

Water Public

Structure Type Vinyl Siding,Wood Frame

Others

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