54 Knox ST, Lewiston, ME 04240 - MLS#1601823 - Monet Yarnell

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Monet Yarnell

monet@sell207.com +1(207) 461-4740

Listed by Keller Williams Realty

$400,000

8 Baths

11,915 SqFt

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UPDATED:

08/28/2024 02:54 AM

Key Details

Property Type Multi-Family

Listing Status Active

Square Footage 11,915 sqft

MLS Listing ID 1601823

Style Multi-Level

Full Baths 8

HOA Y/N No

Abv Grd Liv Area 11,915

Originating Board Maine Listings

Year Built 1881

Annual Tax Amount $3,141

Tax Year 2023

Lot Size 4,791 Sqft

Acres 0.11

Property Description

SELLER CONCESSIONS AVAILABLE! Investors, here's your chance to unlock significant value with this 8-unit property in Lewiston. While it does require capital infusion, the potential is undeniable. With strategic updates and improvements, this property offers a clear path to increased rental income and equity growth. Ideal for a long-term hold, this investment promises strong financials once stabilized, making it a great addition to any portfolio focused on long-term gains.

Able to be purchased with additional 8-Unit located at 50 Knox (MLS #1801822)

Location

State ME

County Androscoggin

Zoning DR

Rooms

Basement Dirt Floor, Full, Interior Entry, Unfinished

Interior

Heating Multi-Zones, Hot Water, Baseboard

Cooling None

Flooring Vinyl, Tile

Exterior

Garage 5 - 10 Spaces, Paved, Common, Off Street, On Street

Waterfront No

View Y/N No

Roof Type Flat

Garage No

Building

Lot Description Level, Sidewalks, Intown

Sewer Public Sewer

Water Public

Architectural Style Multi-Level

Structure Type Asbestos,Wood Frame

Others

Restrictions Unknown

Energy Description Gas Natural

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Monet Yarnell

+1(207) 461-4740

Designated Broker | License ID: DB922416

Designated Broker License ID: DB922416