15 Unit Multifamily Package | Seller Financing | Brokers Protected

Multi-Family for Sale
Catylist Listing ID: 30113505
Property Subtypes: Low-Rise/Garden
Number of Units: 15 Units
Building Size (RSF): 15,852 SF
Gross Building Area: See Agent
Sale Price: $349,000
Unit Price: $23,266.67 Per Unit
Property Use Type: Investment
Sale Terms: Owner Financing
Cap Rate: Undisclosed
Last Updated: 11/21/2017

Overview / Comments

For Sale: 2 Multifamily Buildings With Seller Financing.
Sold Together or Separately. Brokers are Protected.

Subject package consists of 2 multifamily buildings in Lewiston, ME - 1 (9) unit building and 1 (6) unit.

The 9 unit building is recently renovated with new heat, plumbing & electric as well as recently turned units. Ample off-street parking.

The 6 unit building has a new heat system as well as new porches. It is also located in one of Lewiston's best neighborhoods.

Both buildings have established property management in place.

Additional Details

Nearest MSA: Lewiston-Auburn
County: Androscoggin
Tax ID/APN: 01050_196/000/141
Percent Occupied: 100%
Property Located Between: Lewiston, ME
Area Description: Both buildings are located in Lewiston, ME, an area with an enormous housing demand. Lewiston's predominant industries are healthcare, manufacturing, food & beverage. Prominent employers include Central Maine Medical Center, TD Bank, Formed Fiber Technologies, Tambrands, Panolam & L.L. Bean.
Total Number of Buildings: 2
Property Condition: Excellent

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 20,508 46,754 59,530
Median Age: 32.29 36.57 38.35
Households: 8,843 19,842 25,186
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