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154 Pine St
Lewiston, ME 04240

$1,250,000 USD

Apartments For Sale • 4,580 SF

Property Details

Property Type Apartments
Total Building Size 4,580 SF
Lot Size 0.1 AC
Building Class C
Year Built 1910
Cap Rate 11.28 %
Zoning MFU

0 Transit Score

83 Walk Score

                
                    Highlights
                
                                Rare Newly renovated, Pristine & Efficient Rental Property in Downtown Lewiston, ME
                            
                                Fully Occupied
                            
                                Highly Favorable DR Zoning, Allowing for Promoting the Improvement of Older Residential Neighborhoods within Downtown
                            
                                2024 Renovations of building & Construction of 2 units.
                            
                                3 Story Building w/ 8 1-bedroom units, 1 -3-bedroom unit & 1 efficiency unit including a 1- ADA Compliant Unit
                            
                                New Heating System/Cooling Systems, New Electrical, New Plumbing

Property Flyers

154 Pine Income & Expense

Financial Summary (Actual)

Net Operating Income: $140,980 USD (2024)

Cap Rate:	11.28 %
Total Expenses:	$15,620 USD

Amenities

24 Hour Access
Air Conditioning
Tenant Controlled HVAC
Heating
Smoke Free
Eat-in Kitchen
Kitchen
Granite Countertops
Hardwood Floors
Deck
Porch
Walk-Up
Smoke Detector

Parking Details

Parking Available:	Yes
Reserved:	No
Type:	Surface
Included in Rent:	Yes

Andrea Page 207-766-8370 Keller Williams Realty

154 Pine St Lewiston, ME 04240