$395,000
932 & 934 Lisbon Street
Lewiston
Listing Courtesy of
Holt Realty
932 & 934 Lisbon Street, Lewiston, ME 04240
Positive cash flow and excellent cap rate with two building/two lots for the price of one. #932 is a two unit, 2 bedroom with 1 bath each, residential building with each unit leasing at $1,500/month. #934 is a mixed-use building that has additional opportunity for revenue as current tenant occupies only 1/2 of the building with a lease of $1,350/month. Tenants pay all utilities which provides an annual gross income of $52,200. Operating expenses only includes property taxes + insurance, excludes water/sewer. oil, propane and electricity as tenants currently pay. Ample parking, excellent investment opportunity.
Apartment building is 2,336 square feet, mixed use building is 1,160 square feet. For showings must have proof of cash funds or a loan pre-qualification letter, 48 hour notice required for tenants. No listing sign as a courtesy to tenants. Both buildings being sold in ''as is'' condition and may not qualify for FHA.
Apartment building is 2,336 square feet, mixed use building is 1,160 square feet. For showings must have proof of cash funds or a loan pre-qualification letter, 48 hour notice required for tenants. No listing sign as a courtesy to tenants. Both buildings being sold in ''as is'' condition and may not qualify for FHA.
Listing Courtesy of
Holt Realty
DETAILS
- Listing Id1622737
- StatusActive
- TypeMulti-Family
- SeasonalNo
- Map / Lot177 / 215 and 216
- Book / Page11199 / 222,223, 231, 232
- Sq Ft Finished Above Grade3300
- Sq Ft Finished Total3300
- Total Baths3 / 0
- Waste Water DisposalPublic Sewer
- WaterPublic
- Heat SystemBaseboard, Direct Vent Heater
- CoolingNone
- ElectricCircuit Breakers
- BasementBrick/Mortar, Bulkhead, Exterior Only, Unfinished
- RoofMetal, Pitched, Tar/Gravel
- FloorsLaminate, Vinyl
- GarageNo
- Lot FeaturesLevel, Near Town, Near Turnpike/Interstate, Open, Sidewalks
- Parking Features1 - 4 Spaces, Common, Off Street
- StyleOther
- Water ViewNo
- Checked For UpdatesThursday, May 15, 2025 at 7:31 PM
- IDX Listing UpdatedThursday, May 15, 2025 at 4:56 PM
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