50, 54, 56 Knox Street, Lewiston, ME, 04240

50, 54, 56 Knox Street, Lewiston, ME, 04240

20 Full baths

1881

Multi-Level

29,365 sqft

Introducing a remarkable Multi-Family investment opportunity! This enticing portfolio consists of three value-add properties, totaling 20 units. With substantial upside potential for equity, these properties present a highly lucrative prospect for savvy investors in search of impressive returns! Situated in downtown Lewiston, 50, 54 & 56 Knox boast consistent rental demand with tremendous upside potential. With careful management and implementation of value-add strategies, such as renovating units and optimizing rental rates, there is ample opportunity to increase rental income significantly! In addition to the attractive financial prospects, this portfolio also offers convenience and accessibility. With close proximity to major transportation routes, hospitals, schools, parks, police/fire, and other desirable amenities, continued tenant demand is ensured. You won't want to miss this exceptional opportunity to add 20 units to your investment portfolio. Whether you're an experienced investor or entering the market for the first time, this property provides many opportunities for an excellent ROI with the potential for long-term wealth accumulation. Act now to secure your position in this thriving multi-family real estate market! Additional 3-unit (MLS #1563470) adjacent to property is available to purchase for additional amount.


Status:

Pending

Type:

Multi-family

Units:

20

Zoning:

DR

Heating:

Multi-Zones, Hot Water, Baseboard

Cooling:

None

Basement:

Full, Interior Entry, Unfinished

Parking:

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

Acreage:

0.35

Est. Taxes:

$2,984

Construction

Vinyl Siding, Other Exterior, Wood Frame

Utilities

Utilities On

Lot Description:

Level, Sidewalks, Intown, Near Turnpike/Interstate

MLS #:

1563471


Community Info

School Info

Walk Score

Mass Transit

Yelp


Listing courtesy of Keller Williams Realty