Lewiston, ME 04240,26 Webster ST
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Lewiston, ME 04240,26 Webster ST
Lewiston, ME 04240,26 Webster ST
Lewiston, ME 04240,26 Webster ST
Lewiston, ME 04240,26 Webster ST
Listed by Hearth & Key Realty • 2072036579
Bought with Rockstar Real Estate

$515,000

$549,000

6.2%
Est.Price: ?

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26 Webster ST Lewiston, ME 04240

5 Baths

6,314 SqFt

SOLD DATE : 03/24/2025

Key Details

Sold Price $515,000

Property Type Multi-Family

Listing Status Sold

Square Footage 6,314 sqft

MLS Listing ID 1604003

Sold Date 03/24/25

Style Other,New Englander

Full Baths 5

HOA Y/N No

Abv Grd Liv Area 6,314

Year Built 1939

Annual Tax Amount $4,575

Tax Year 2024

Lot Size 8,276 Sqft

Acres 0.19

Source Maine Listings

Land Area 6314

Property Description

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.

Location

State ME

County Androscoggin

Zoning DR

Rooms

Basement Interior, Full, Unfinished

Interior

Heating Baseboard

Cooling None

Flooring Wood, Vinyl, Carpet

Equipment DSL

Laundry Washer Hookup

Exterior

Parking Features 5 - 10 Spaces, Paved, On Site

Garage Spaces 1.0

Utilities Available 1

View Y/N No

Roof Type Flat,Membrane,Pitched,Shingle

Street Surface Paved

Porch Deck, Porch

Garage Yes

Building

Lot Description Open, Level, Sidewalks, Intown, Near Shopping, Near Turnpike/Interstate, Neighborhood

Story 3

Foundation Concrete Perimeter, Brick/Mortar

Sewer Public Sewer

Water Public

Architectural Style Other, New Englander

Structure Type Vinyl Siding,Wood Frame

Others

Energy Description Gas Natural, Oil

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Maine MLS (MREIS) IDX
agent

Pamela Starnes

Broker/ Owner | License ID: BR924675

+1(207) 838-8051

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