$399,900

Pending

Est. Mortgage $0/mo *

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125 Pierce Street, Lewiston, ME, 04240

125 Pierce Street, Lewiston, ME, 04240
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6 Full baths

1891

Cape, Multi-Level

5,734 sqft

125 Pierce St - Lucrative 6-Unit Investment with Owner-Occupancy Option Step into a rewarding investment opportunity with 125 Pierce St, a 6-unit property offering excellent cash flow potential. This versatile building is ideal for both seasoned investors and prospective owner-occupants seeking a stable and profitable asset. Key Features: Strong Cash Flow: Benefit from the reliable income generated by this property, with a solid track record of consistent rental revenue. Owner-Occupancy Opportunity: One unit is currently vacant, presenting the unique chance for you to live in the building while enjoying income from the other five units. Long-Term Tenants: Four of the units are occupied by tenants who have been renting for nearly a decade, reflecting the property's stability. Modern Safety Features: Each unit is equipped with its own dedicated electrical panel and new fire extinguishers, ensuring safety and convenience for all residents. This property offers a fantastic investment potential. Don't miss out on this exceptional opportunity at 125 Pierce St - secure your future and enhance your portfolio today!

Status:

Pending

Type:

Multi-family

Units:

6

Zoning:

Downtown Res

Heating:

Multi-Zones, Hot Water, Baseboard

Cooling:

None

Basement:

Bulkhead, Full, Exterior Entry, Interior Entry, Unfinished

Levels:

3

Parking:

1 - 4 Spaces, Gravel, Paved, Off Street

Acreage:

0.1

Est. Taxes:

$3,551

Construction

Wood Siding, Asbestos, Wood Frame

Utilities

Utilities On

Lot Description:

Level, Sidewalks, Intown, Near Turnpike/Interstate

Amenities:

Storage

Pet Policy:

No Restrictions

MLS #:

1600170

Community Info

School Info

Walk Score

Mass Transit

Yelp

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Listing courtesy of Maine Source Realty