115-117 Pierce - Apartments FOR SALE


Lewiston, ME 04240
$850,000 USD
207-409-8339
115-117 Pierce, Lewiston, ME for Sale
$850,000 USD
Apartments - FOR SALE
1/25
null | 12.88% Cap Rate

115-117 Pierce
Lewiston, ME 04240


OVERVIEW

Nice 9 unit package that has had many capital improvements made such as lead abatement, kitchens, flooring, painting + rental increases w/ more upside as well. This two building portfolio offers (1) 1 bedroom, (4) 2 bedrooms + (4) 4 bedroom units. Please don't miss the opportunity to own an investment that has good cash flow + appreciation in one of the hottest markets in the state of Maine!

FOR SALE DETAILS

PRICE

$850,000 USD

PRICE/SF

$106 USD /SF

# OF UNITS

9

PRICE/UNIT

$94,444

CAP RATE

12.88%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1921

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.11 AC

LAND SF

4,792 SF

ZONING

DR

APN/PARCEL ID

LEWI-000196-000000-000097

ASK ABOUT THIS PROPERTY

Thomas GadboisF. O. Bailey Real EstateMore Info
207-409-8339

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Thomas GadboisF. O. Bailey Real EstateMore Info
207-409-8339

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.