BATHS6 full
SQUARE FEET7,200
MLS#1665292
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
Property Description
OPEN HOUSES - Friday the 5th, from 4:30 - 6pm and Saturday the 6th, from 11am - 12pmYour next investment is already running smoothly.It is time to let your money work for you - not the other way around! 78 Howard Street is the kind of deal every investor is looking for. Already under professional management, with many major expenses already taken care of. But not so upgraded that it has lost any potential for value add. A new investor can make a few light changes, fill vacancy, and step into potential increased equity. Once filled at market rent you're looking at right around a 10% cap rate. The existing management team knows the property and wants to stay on. No hassle of interviewing management, trying to keep your records straight, or adding personnel to your current team to handle more units. At $585,000, this is an accessible entry point into Lewiston's growing rental market with a clear, low-effort path to full stabilization.Schedule your showing today!
Property Features
Property Type: Multi Unit - Multiple
Basement: Interior Entry, Full, Unfinished
Basement: Yes
Heating: Gas Natural, Baseboard
Home Style: Other
Lot Size: 0.11 Acres
Roof Type: Flat
Taxes: $5,015
Year Built: 1925
Feature Descriptions
Electric: Circuit Breakers
Exterior: Wood Frame, Vinyl Siding
Flooring: Wood
Foundation: Stone, Brick/Mortar
Lot: Intown, Level
Parking: Paved,1 - 4 Spaces, Off Street, On Street
Road Surface: Paved
Sewer: Public Sewer
SQ FT Above Grade: 7200
SQ FT Below Grade: 0
Water: Public
Listed By / Shown By
Listed By
Agency Name: Keller Williams Realty
Agent Name: Malachi Winslow
Agency Phone: 207-879-9800
Shown By
Agency Title: Better Homes and Gardens Real Estate The Masiello Group
Agency Phone: 800-741-1540
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Estimated Payment
$ 1,890.50 per month $1,301.96 Principal & Interest $417.92 Property Tax $170.63 Homeowner's Insurance
78 Howard Street | MLS# 1665292
This multi-family property located at 78 Howard Street , Lewiston, ME 04240 is currently listed for sale with an asking price of $585,000. Search Lewiston real estate on www.masiellogrouprealestate.com today.