Kayla Brown
REALTOR®
BATHS16 full
SQUARE FEET13,794
MLS#1680498
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
Property Description
15 unit investment portfolio consisting of 3 neighboring properties at 111, 115 and 117 Ash Street in Lewiston. The portfolio offers strong in place rents with meaningful additional upside through lease up and stabilization. Located directly across from the Basilica of Saints Peter and Paul and minutes from downtown Lewiston, the properties offer operational efficiencies through their immediate proximity to one another. 7 units are currently vacant as part of the owner's disposition strategy, creating an opportunity for a new owner to immediately increase occupancy and NOI. Portfolio includes a mix of studio, 1 bedroom and 3 bedroom units.
Property Features
Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Interior Entry, Walk-Out Access, Full, Unfinished, Brick/Mortar
Heating: Gas Natural, Baseboard, Radiator
Home Style: New Englander, Other
Lot Size: 0.22 Acres
Roof Type: Shingle
Taxes: $10,511
Year Built: 1891
Feature Descriptions
Electric: Circuit Breakers
Exterior: Wood Frame, Vinyl Siding, Wood Siding
Flooring: Carpet, Vinyl
Lot: Intown, Near Shopping, Near Turnpike/Interstate, Near Town, Neighborhood, Rolling Slope, Sidewalks, Near Public Transit
Parking: No Driveway, On Site, Off Street
Sewer: Public Sewer
SQ FT Above Grade: 13794
SQ FT Below Grade: 0
Water: Public
Listed By / Shown By
Listed By
Agency Name: EXP Realty
Agent Name: Garret Getch
Agency Phone: 888-439-8743
Shown By
Agent Name: Kayla Brown
Agent Phone: (207) 692-6175
Agency Title: Better Homes and Gardens Real Estate The Masiello Group
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Estimated Payment
$ 4,651.77 per month $3,338.35 Principal & Interest $875.92 Property Tax $437.50 Homeowner's Insurance
111-117 Ash Street | MLS# 1680498
This multi-family property located at 111-117 Ash Street , Lewiston, ME 04240 is currently listed for sale with an asking price of $1,500,000. Search Lewiston real estate on kaylabrown.masiellogrouprealestate.com today.