BATHS6 full
SQUARE FEET5,734
MLS#1687319
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
Property Description
Discover the exceptional appeal of this fully renovated 6-unit multifamily, conveniently located near a variety of stores, restaurants, and activities in town. This property is a standout for first-time and seasoned investors alike. Offered at an 11% cap rate, it offers the rare combination of a strong unit mix, turnkey condition, and 100% occupancy. The building has been updated inside and out, with new siding, a newer roof, and fully rebuilt porches and decks. Every unit features new cabinets and vanities, new bathroom tiling, new flooring, and fresh paint throughout. Enjoy a building where the heavy lifting is already done, all just moments from town conveniences. Whether you're searching for a hands-off addition to your portfolio or a well-maintained income property to build on, this building checks the boxes. Fully rented and ready for its next owner!GROUP SHOWINGS TBDPlease provide a 24-48hr notice for all showings
Property Features
Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Bulkhead, Interior Entry, Full, Unfinished
Heating: Oil, Baseboard, Hot Water, Zoned
Home Style: Cape Cod, Other
Lot Size: 0.10 Acres
Roof Type: Shingle
Taxes: $3,880
Year Built: 1891
Feature Descriptions
Amenities: Storage
Electric: Circuit Breakers
Equipment: Internet Access Available
Exterior: Wood Frame, Asbestos, Wood Siding
Flooring: Laminate, Vinyl, Wood
Foundation: Stone, Brick/Mortar
Lot: Intown, Near Turnpike/Interstate, Level, Sidewalks
Parking: Gravel, Paved,1 - 4 Spaces, Off Street
Road Surface: Paved
Sewer: Public Sewer
SQ FT Above Grade: 5734
SQ FT Below Grade: 0
Water: Public
Listed By / Shown By
Listed By
Agency Name: Realty ONE Group Next Level
Agent Name: Franklin Katunda
Agency Phone: 603-262-3500
Shown By
Agency Title: Better Homes and Gardens Real Estate The Masiello Group
Agency Phone: 800-741-1540
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Estimated Payment
$ 1,833.67 per month $1,335.34 Principal & Interest $323.33 Property Tax $175.00 Homeowner's Insurance
125 Pierce Street | MLS# 1687319
This multi-family property located at 125 Pierce Street, Lewiston, ME 04240 is currently listed for sale with an asking price of $599,999. Search Lewiston real estate on www.masiellogrouprealestate.com today.