111-117 Ash St, Lewiston, ME 04240

$1,500,000
17
BA
13,794
SqFt

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Listing courtesy of EXP Realty.

List Price
$1,500,000
MLS#
1680498
Status
ACTIVE
Type
Multifamily
City
Lewiston
County
Androscoggin
Bathrooms
17
Living Area
13,794
Lot Size
9,583
Year Built
1891

Property Description

15 unit investment portfolio consisting of 3 neighboring properties at 111, 115 and 117 Ash Street in Lewiston. The portfolio offers strong in place rents with meaningful additional upside through lease up and stabilization. Located directly across from the Basilica of Saints Peter and Paul and minutes from downtown Lewiston, the properties offer operational efficiencies through their immediate proximity to one another. 7 units are currently vacant as part of the owner's disposition strategy, creating an opportunity for a new owner to immediately increase occupancy and NOI. Portfolio includes a mix of studio, 1 bedroom and 3 bedroom units.

Additional Information

Living Area
13,794
Electric
Circuit Breakers
Water
Public
Basement
Interior Entry, Walkout, Full, Unfinished, Brick/Mortar
Cooling
None
Year Built
1891
Acres
0.22
Roof
Shingle
Style
New Englander, Other
Courtesy Of Listing Office
EXP Realty

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