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26 Webster Street, Lewiston, ME, 04240 | $549,000
Introducing an exceptional investment opportunity in the heart of a thriving rental market: a 5-unit apartment building with impressive cash flow potential. This well-maintained property offers a robust rental income stream, making it an ideal addition to any real estate portfolio.
Situated in a dynamic neighborhood with strong demand for rental properties, this building benefits from a vibrant local market where vacancies are low and rental rates are on the rise. The area's steady economic growth and increasing population contribute to a favorable environment for landlords seeking reliable returns.
Each unit provides ample living space and functional layouts, ensuring broad appeal to a diverse range of tenants. With a touch of TLC, this property could see significant appreciation. Updating the interiors and enhancing common areas could not only increase the rental income but also elevate the property's overall value.
Whether you're a seasoned investor or just starting out, this property offers a solid foundation and promising upside. Take advantage of the current market trends and unlock the full potential of this high-cash-flow investment.
Features
- Baths: 5 full
- Units: 5
- Laundry: Washer Hookup
- Style: Multi-Level, New Englander
- Year Built: 1939
- Garage: 1-car
- Heating: Baseboard
- Cooling: None
- Basement: Full, Interior Entry, Unfinished
- Approx Sq. Feet: 6,314
- Acreage: 0.19
- Est. Taxes: $4,575
- Lot Desc: Level, Open Lot, Sidewalks, Intown, Near Shopping, Near Turnpike/Interstate, Neighborhood
- MLS#: 1604003
- Website: https://www.raveis.com
/prop/1604003/26websterstreet_lewiston_me?source=qrflyer
 | Listing data is derived in whole or in part from the Maine IDX & is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. |  |
Listing courtesy of Hearth & Key Realty
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