Back on the market at no fault to the Seller! Introducing a remarkable Multi-Family investment opportunity! This enticing portfolio consists of three value-add properties, totaling 20 units. With substantial upside potential for equity, these properties present a highly lucrative prospect for savvy investors in search of impressive returns! With a current cap rate of 11.62% and situated in downtown Lewiston, 50, 54and 56 Knox boasts consistent rental demand with tremendous upside potential. In addition to the attractive financial prospects, this portfolio also offers convenience and accessibility. With close proximity to major transportation routes, hospitals, schools, parks, police/fire, and other desirable amenities, continued tenant demand is ensured. You won't want to miss this exceptional opportunity to add 20 units to your…
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The average household income in
Lewiston, ME
grew
from
$38,199
to
$39,890
in the past year. This data is an estimate based upon
16,063
households in
Lewiston, ME. The chart below presents how household income is distributed in
Lewiston, ME
in comparison to the revenue allocation amid households nationally.
Property Taxes
Average range: $2k-$3k
One of the most important aspects for property owners is the amount of property taxes. This graph shows
distribution of property taxes in
Lewiston, ME
compared to median property taxes around the country. The prevalent amount of property taxes in
Lewiston, ME
equals
$2k-$3k
, which is
more
than the national average.