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About the Listing 2742 - 024582,020169
OPEN HOUSE Saturday June 13th 11:00am-1:30pm At a 9.7% cap rate. You don't get this good of cash flow in just any rental property! This is a exceptional 3-unit investment opportunity offering a rare 4 bedrooms in each unit. Two units are currently occupied, providing immediate income, while the third has been freshly updated with granite countertops, beautiful new cabinetry, gorgeous refinished hardwood floors, and fresh paint throughout. This property is turnkey and blends modern updates with timeless charm, featuring stained glass windows and built ins. This building is professionally managed by simplified management and they are happy to stay in place after the sale. Income and expense sheet already reflects their annual fee. A very well-maintained multifamily with strong rental appeal and cash flow! An excellent addition to any investment portfolio. Each unit enjoys a private deck, their own laundry hookups, storage room and the large rear parking lot provides ample off-street parking. All the units have the same 4 bedroom layout. Get your first looks now as this opportunity will not last long!
Listing Highlights
Interior Details
- Bedrooms: 0
- Bathrooms: 3 Full
- Appliances:
- Air Cond:
- Heating: Gas Natural,Baseboard
- Fireplaces:
- Floor: Engineered Hardwood,Hardwood
- Above Ground Sq Ft: 5600
- Below Ground Sq Ft: 0
- Basement: Interior Entry,Unfinished
- Other:
- Water: Public
Exterior Details
- Lot Description: Intown,Near Shopping,Near Turnpike/Interstate,Sidewalks,Near Public Transit
- Garage Capacity: N/A
- Zoning: DR
- Roof: Flat
- Others:
- Sewer: Public Sewer
- Parking Features: Common,Gravel,5 - 10 Spaces,Off Street
Financial Details
- Tax Amount: $2,676
- Taxes w/Assessments: N/A
- Tax/Property ID: LEWI-000196-000000-000138
- Tax Year: 2025
Payment Calculator
Monthly Payment
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- in Taxes
Questions About..
166 Bartlett St Lewiston, ME 04240
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