For Sale
$150,000

62 Knox StLewiston, ME 04240

Three-unit apartment building, high income potential.

Overview

Added:
Dec 11, 2024
Days on market:
113
This exceptional investment opportunity presents a three-unit apartment building located at 62 Knox Street in Lewiston, Maine. The property, built in 1881, boasts a total of 3,234 square feet and is situated on a lot identified by APN LEWI-000196-000000-000263. Each of the three units offers three bedrooms and one bathroom, featuring open layouts and ample natural light. Currently vacant, this property presents a blank canvas for an investor to realize significant income potential. The asking price is $150,000, translating to $50,000 per unit and a price per square foot of $46.38. The property is zoned DR, making it suitable for various uses. Its prime downtown Lewiston location offers convenient access to local amenities and services. This multifamily building represents a compelling investment opportunity for those seeking a property with strong potential for rental income in a desirable Maine location. The property's age presents a chance for renovation and modernization, further enhancing its value and appeal to potential tenants. This is a rare chance to acquire a well-positioned multifamily property in a growing market.

Highlights

  • Three-unit apartment building at 62 Knox Street, Lewiston, ME.
  • 3,234 square feet on a lot with APN LEWI-000196-000000-000263.
  • Each unit features three bedrooms and one bathroom.
  • Currently vacant, offering significant income potential.
  • Asking price: $150,000 ($50,000/unit, $46.38/sq ft).
  • DR zoning allows for various uses.

Property Details for 62 Knox St

Property type
Apartment buildings
Square Feet
3,234 SF
Year Built
1881
Buildings
1
Units
3

Location Insight

City
Lewiston
County
Androscoggin
State
Maine
Latitude
44.0919137
Longitude
-70.2119476
62 Knox St, Lewiston, Maine

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62 Knox St
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