166 Bartlett ST Lewiston, ME 04240
3 Baths
5,600 SqFt
Open House
Sat Jun 13, 11:00am - 1:30pm
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 5,600 sqft
Price per Sqft $84
MLS Listing ID 1665094
Full Baths 3
HOA Y/N No
Year Built 1900
Tax Year 2025
Lot Size 4,791 Sqft
Acres 0.11
Source Maine Listings
Land Area 5600
Property Description
At a 9.7% cap rate. You don't get this good of cash flow in just any rental property!
This is a exceptional 3-unit investment opportunity offering a rare 4 bedrooms in each unit. Two units are currently occupied, providing immediate income, while the third has been freshly updated with granite countertops, beautiful new cabinetry, gorgeous refinished hardwood floors, and fresh paint throughout. This property is turnkey and blends modern updates with timeless charm, featuring stained glass windows and built ins.
This building is professionally managed by simplified management and they are happy to stay in place after the sale. Income and expense sheet already reflects their annual fee.
A very well-maintained multifamily with strong rental appeal and cash flow! An excellent addition to any investment portfolio. Each unit enjoys a private deck, their own laundry hookups, storage room and the large rear parking lot provides ample off-street parking.
All the units have the same 4 bedroom layout.
Get your first looks now as this opportunity will not last long!
Location
State ME
County Androscoggin
Zoning DR
Rooms
Basement Interior Entry, Unfinished
Interior
Heating Gas Natural, Baseboard
Cooling None
Flooring Other, Engineered Hardwood, Hardwood
Laundry Washer Hookup
Exterior
Parking Features Common, Gravel, 5 - 10 Spaces, Off Street
Roof Type Flat
Porch Deck
Garage No
Building
Lot Description Intown, Near Shopping, Near Turnpike/Interstate, Sidewalks, Near Public Transit
Entry Level Multi-Level
Foundation Other
Water Public
Architectural Style Other
Others
Tax ID LEWI-000196-000000-000138
