Listing courtesy of EXP Realty.
Selling Office: Better Homes & Gardens Real Estate/The Masiello Group.Excellent investment opportunity in the heart of downtown Lewiston. This fully occupied 6-unit multifamily is located in a federally designated Opportunity Zone, which may offer significant tax advantages for long-term investment strategies -- verify with your CPA. The property features one 3-bedroom unit, four 2-bedroom units, and one 1-bedroom unit, offering a solid unit mix for consistent rental income. Over the past four years, the current owners have invested more than $100,000 in updates, transforming the building from a distressed asset into a well maintained and stabilized investment. With strong professional management already in place, this is a true turnkey property well suited for 1031 exchange transactions or portfolio expansion. Lewiston's multifamily market is highly competitive with few large multi-unit properties available. A rare opportunity to acquire a solid asset in one of Maine's fastest-moving rental markets. Schedule a private showing today.
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