Introducing an incredible investment opportunity! This 6-unit multi-family property is a fantastic value proposition for savvy investors. With a proven rental history and impressive income potential, it promises a solid return on investment. Each unit offers spacious layouts and abundant natural light, ensuring comfortable living spaces for tenants.
Located in a downtown setting, this property provides convenient access to nearby amenities, including shopping centers, dining options, and public transportation. Its strategic location also allows for easy commuting and attracts a diverse pool of tenants. With its strong rental demand and desirable location, this multi-family property is a smart choice for those looking to maximize their investment potential.
This property presents a promising opportunity for both seasoned investors and those new to real estate. Whether you're expanding your portfolio or entering the market, this 6-unit multi-family property offers an excellent chance to secure consistent cash flow and long-term growth. Don't miss out on this lucrative venture that combines affordability, tenant appeal, and a prime location. Act now and seize this remarkable investment opportunity!
Closed
$359,000
54 Pierce Street, Lewiston, ME 04240
18beds
4,648sqft
Multi Family
Built in 1863
-- sqft lot
$490,200 Zestimate®
$77/sqft
$1,746 Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: January 14, 2025 at 07:03pm
Listed by:
Keller Williams Realty
Bought with:
HomeSmart
Source: Maine Listings,MLS#: 1559901
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 18
- Bathrooms: 6
- Full bathrooms: 6
Heating
- Baseboard
Cooling
- None
Features
- Flooring: Other, Vinyl, Wood
- Basement: Interior Entry,Full,Unfinished
Interior area
- Total structure area: 4,648
- Total interior livable area: 4,648 sqft
- Finished area above ground: 4,648
- Finished area below ground: 0
Property
Parking
- Parking features: Common, Paved, 11 - 20 Spaces, On Site, Off Street
Features
- Levels: Multi/Split
Lot
- Size: 4,356 sqft
- Features: City Lot, Near Turnpike/Interstate, Level, Sidewalks
Details
- Zoning: DR
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Other
- Property subtype: Multi Family
Materials
- Wood Frame, Vinyl Siding
- Roof: Flat
Condition
- Year built: 1863
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Utilities On
Community & neighborhood
Location
- Region: Lewiston
Other
Other facts
- Road surface type: Paved
Sell with ease on Zillow
Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
$490,200
2% more+$9,804
With Zillow Showcase(estimated)$500,004