Lewiston, ME 04240 26 Webster Street

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Presented By: Hearth & Key Realty; 207-223-6325
  • MLS# 1604003
  • 09/17/2024
  • Request Tour
  • Request Info
  • Baths • 5
  • SQFT • 6,314
  • Garage • 1

Home Details

Introducing an exceptional investment opportunity in the heart of a thriving rental market: a 5-unit apartment building with impressive cash flow potential. This well-maintained property offers a robust rental income stream, making it an ideal addition to any real estate portfolio. Situated in a dynamic neighborhood with strong demand for rental properties, this building benefits from a vibrant local market where vacancies are low and rental rates are on the rise. The area's steady economic growth and increasing population contribute to a favorable environment for landlords seeking reliable returns. Each unit provides ample living space and functional layouts, ensuring broad appeal to a diverse range of tenants. With a touch of TLC, this property could see significant appreciation. Updating the interiors and enhancing common areas could not only increase the rental income but also elevate the property's overall value. Whether you're a seasoned investor or just starting out, this property offers a solid foundation and promising upside. Take advantage of the current market trends and unlock the full potential of this high-cash-flow investment.
Presented By: Hearth & Key Realty; 207-223-6325

Interior Features for 26 Webster Street

Bathrooms

Half Baths0
Total Baths5

Other Interior Features

Above Grade Finished Area6314.0
Air Conditioning Y/NNo
BasementFull, Interior Entry, Unfinished
Basement (Y/N)No
Below Grade Finished Area0.0
FlooringWood, Vinyl, Carpet
Heating Y/NYes
Laundry FeaturesWasher Hookup
Total Stories3

General for 26 Webster Street

Additional Parcels Y/NNo
Architectural StyleMulti-Level, New Englander
Attached Garage Yes
Carport Y/NNo
CityLewiston
Construction MaterialsVinyl Siding, Wood Frame
CoolingNone
CountyAndroscoggin
ElectricCircuit Breakers
Electric On Property Y/NNo
Full Baths5
Garage Spaces1.0
Garage Y/NYes
Gross Income97800.0
HeatingBaseboard
Home Owner AssocNo
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Lot Size Square Feet8276.4
Lot Size UnitsAcres
MobileHomeRemainsYNNo
New ConstructionNo
NumberOfUnitsTotal5
Operating Expense40657.0
Patio/Porch FeaturesDeck, Porch
Property TypeMulti-Family
Property_sp_Information_co_Owner_sp_OccupiedNo
Rent Control Y/NNo
RoofFlat, Membrane, Pitched, Shingle
Senior Community Y/NNo
SewerPublic Sewer
Standard StatusActive
StatusActive
Stories3
Tax Annual Amount4575.0
Tax Lot107
Tax Year2024
UtilitiesUtilities On
View Y/NNo
Waterfront Y/NNo
Year Built1939
ZoningDR

Exterior for 26 Webster Street

Building Area Total6314.0
Crops Included Y/NNo
Foundation DetailsConcrete Perimeter, Brick/Mortar
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesLevel, Open Lot, Sidewalks, Intown, Near Shopping, Near Turnpike/Interstate, Neighborhood
Lot Size Acres0.19
Lot Size Area0.19
Lot Size SourcePublic Records
Open Parking Y/NNo
Parking Features5 - 10 Spaces, Paved, On Site
Road Surface TypePaved
SpaNo
Water SourcePublic

Additional Details

Price History

Morgan Camplin

Loan Officer
Price $595,000
MLS#1604003
List Date 09/17/2024
Property Type Multi-Family
Phone 207.522.5241
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Request Info
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