46 Knox Street, Lewiston, ME, 04240 | $750,000

INVESTORS don't miss the opportunity to tour and consider this great opportunity. A stately eight-unit apartment complex that has been extensively remodeled and systems have been updated and replaced. Property has been renovated to code with a monitored fire alarm system. Each unit has 3 bedrooms and one bathroom and has been completely refurbished and are clean, light, and beautiful apartments. Some of the work that has been done includes new plumbing, new heating system, new electrical panels and wiring, new concrete flooring in both basements and repairs to membrane roofing. Flooring throughout units has been changed to vinyl planks that will endure with typical tenancy turnover. Entirely new kitchens in all units with new appliances and 4 bathrooms rehabs and 4 bathrooms entirely renovated. Entire common space and units have been freshly painted. Units are ready to be rented day one. Be sure to look at the Income/Expense sheet and consider the $144, 000 projected income. Come to the group showing you will be sure to be impressed with the quality rehab work done at this eight-unit apartment building.

Features

  • Baths: 8 full
  • Units: 8
  • Style: Multi-Level
  • Year Built: 1901
  • Heating: Multi-Zones, Hot Water, Baseboard
  • Cooling: None
  • Basement: Brick/Mortar, Dirt Floor, Full, Exterior Only, Unfinished
  • Approx Sq. Feet: 10,715
  • Acreage: 0.11
  • Est. Taxes: $5,085
  • Lot Desc: Level, Sidewalks, Intown
  • MLS#: 1603346
  • Website: https://www.raveis.com
    /prop/1603346/46knoxstreet_lewiston_me?source=qrflyer
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