12% Cap Rate on this 10 unit building. All rents have recently been raised to market rate. Property offers (2) One bedroom units, (4) Two bedroom units, & (4) Three bedroom units. Property has also been through the city lead abatement program. In addition, the adjacent vacant lot #43 is also part of the sale. Currently being used for additional parking, this lot meets the requirements to build a 4 unit apartment building. Or use the lot as is and continue to allow tenants the convenience of off-street parking.
| Price: | $650,000 |
| Address: | 39 & 43 Knox Street |
| City: | Lewiston |
| County: | Androscoggin |
| State: | Maine |
| Zip Code: | 04240 |
| MLS: | 1555282 |
| Year Built: | 1881 |
| Square Feet: | 7,352 |
| Acres: | 0.22 |
| Lot Square Feet: | 0.22 acres |
| Bathrooms: | 10 |
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