343 Pine Street Lewiston, ME 04240
Multi-Family
MLS #: 1631621
Listed By CENTURY 21 Advantage
506 Main Street, Lewiston, ME 04240
506 Main Street, Lewiston, ME 04240
Front of building
Property InformationDescription
Exceptional investment opportunity in Androscoggin County! Don't miss your chance to own this beautifully updated 9-unit multi-family property, offering strong income potential and a stable occupancy history. Tastefully renovated and meticulously maintained by the current owner, the property received numerous updates in 2023, with each unit benefiting from a unique combination of improvements, including upgrades to fixtures, flooring, windows, doors, and more. Five of the units are currently rented as fully furnished, providing a turnkey living option that appeals to tenants seeking convenience and flexibility. Centrally located, the property offers quick access to major commuter routes and public transportation, and is in close proximity to medical facilities, college campuses, restaurants, and other local amenities. If you're looking for a clean, well-cared-for investment property that's ready to generate income--this is it.
Strong Stream of Income
Many Updates
Meticulously Maintained
Strong Stream of Income
Many Updates
Meticulously Maintained
Features
- Age: Over 50 Years Old
- Appliances: Range / Oven
- Appliances: Refrigerator
- Building Area: 3797.00 SF
- Cross Docks: N
- Expenses: 34420.00
- For Auction: N
- Full Bathrooms: 9
- Gross Income: 142308.00
- Lot Size Desc: Under 1/2 Acre
- Lot Size In Text: 0.23 Acres
- MLSID: 1631621
- Net Operating Income: 107888.00
- Parking Places: 0
- Price Upon Request: N
- Property Use: Rental or Investment
- Sewer: Public
- Special Market: College / University
- Style: Multi-Family (5-20 Units)
- Sublease: N
- Tax Year: 2024
- Taxes: $5808.00
- Total Units: 9
- Water: City Water
- Year Built: 1911
