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68 Howe Street, Lewiston, ME 04240

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For Sale

$415,000

5 baths4,811 sqft

Estimated Payment

$      /mo.

APR for 30 years

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  • Other Residential
    Property type

  • $86.26
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

Exceptional Cash Flow Property with Major Upgrades! Fully occupied and cash flowing, this 5-unit multifamily property is an investor's dream! Featuring 2 spacious two-bedroom units and 3 cozy one-bedroom units, this building is generating an impressive gross annual income of $66,000, with a net of more than $50,000 per year. Recent upgrades include a brand new roof and high-efficiency natural gas heat and hot water systems, installed just 3 years ago, ensuring low operating costs for years to come. The big-ticket items have already been taken care of, making this property a hassle-free investment with minimal future capital expenditures. Located in a high-demand rental area, this property is well-positioned for continued success. Don't miss out on this turnkey opportunity with stable tenants and excellent returns! Key Features: 2 x 2-bedroom units, 3 x 1-bedroom units Gross income: $66,000/year Net income: More than $50,000/year New roof and efficient heating systems (3 years old) Natural gas heating and hot water Fully occupied with stable tenants Invest now and start earning immediate cash flow!
MLS# 1605669

Courtesy Of Maine Source Realty
384 Hardscrabble Rd, Poland, ME 04274
(207) 333-6001

Property Features

  • Age
    Over 50 Years Old
  • Amenities
    Dock
  • Architecture Style
    Other
  • Exterior Type
    Vinyl Siding
  • Floor Covering
    Vinyl
  • Heating System
    Baseboard, Hot Water
  • Lot Size
    0.07 Acres

Map and Directions

Directions to 68 Howe Street, Lewiston, ME 04240
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