Lewiston, ME 04240 54 Knox Street
$400,000
20 more
Presented By: Keller Williams Realty;
Baths • 8
SQFT • 11,915
Home Details
SELLER CONCESSIONS AVAILABLE! Investors, here's your chance to unlock significant value with this 8-unit property in Lewiston. While it does require capital infusion, the potential is undeniable. With strategic updates and improvements, this property offers a clear path to increased rental income and equity growth. Ideal for a long-term hold, this investment promises strong financials once stabilized, making it a great addition to any portfolio focused on long-term gains.
Able to be purchased with additional 8-Unit located at 50 Knox (MLS #1801822)
Presented By: Keller Williams Realty;
Interior Features for 54 Knox Street
Bathrooms
Half Baths0
Total Baths8
Other Interior Features
Above Grade Finished Area11915.0
Air Conditioning Y/NNo
BasementDirt Floor, Full, Interior Entry, Unfinished
Basement (Y/N)No
Below Grade Finished Area0.0
Electric On Property Y/NNo
FlooringVinyl, Tile
Heating Y/NYes
General for 54 Knox Street
Additional Parcels Y/NNo
Architectural StyleMulti-Level
Attached Garage No
Carport Y/NNo
CityLewiston
Construction MaterialsAsbestos, Wood Frame
CoolingNone
CountyAndroscoggin
ElectricCircuit Breakers
Full Baths8
Garage Spaces0.0
Garage Y/NNo
Gross Income72420.0
HeatingMulti-Zones, Hot Water, Baseboard
Home Owner Association Y/NNo
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Lot Size Square Feet4791.6
Lot Size UnitsAcres
MobileHomeRemainsYNNo
New ConstructionNo
NumberOfUnitsTotal8
Operating Expense48186.83
Property TypeMulti-Family
Property_sp_Information_co_Owner_sp_OccupiedNo
Rent Control Y/NNo
RoofFlat
Senior Community Y/NNo
SewerPublic Sewer
Standard StatusActive
StatusActive
Tax Annual Amount3141.0
Tax Lot261
Tax Year2023
UtilitiesUtilities On
View Y/NNo
Waterfront Y/NNo
Year Built1881
ZoningDR
Exterior for 54 Knox Street
Building Area Total11915.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesLevel, Sidewalks, Intown
Lot Size Acres0.11
Lot Size Area0.11
Lot Size SourcePublic Records
Open Parking Y/NNo
Parking Features5 - 10 Spaces, Paved, Common, Off Street, On Street
SpaNo
Water SourcePublic
Additional Details
Price History
Debbie Bodwell
Branch Manager