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50, 54, 56 Knox StreetLewiston, ME 04240Price: $1,000,000

  • Price: $1,000,000
  • Est. Mortgage of $/month
  • 167 Days on Market
$
$
%
$/month over payments
Federal 30-year interest rate: 7.03% last updated on Dec 7, 2023
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $1,000,000List Price
  • 20Bathrooms
  • 0.35Acreage
  • 29,365Square Feet
Pending

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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.
Listed by Keller Williams Realty

Property Details of 50, 54, 56 Knox Street

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Listing data is derived in whole or in part from the Maine IDX & is for consumers' personal, non commercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. ©2023 Maine Real Estate Information System, Inc. All Rights Reserved. equal opportunity housing logo   Privacy Policy

Coldwell Banker Plourde Real Estate participates in ©2023 Maine Listings Internet Data Exchange program, allowing us to display other Maine IDX Participants' listings. This website does not display complete listings. Certain listings of other real estate brokerage firms have been excluded. Mortgage figures are estimates. Check with your bank or proposed mortgage company for actual interest rates. This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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