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127-129 Howe Street
Lewiston, ME 04240
127-129 Howe Street, Lewiston · Immeuble residentiel Propriété À vendre
·
5 Unités
Certaines informations ont été traduites automatiquement.
Faits saillants de l'investissement
- Ample off-street parking (15+ spaces)
- 11.2% cap rate on pro forma NOI, 9.9% cap with Mgmt & Reserves allowance
- Surplus land: supports 5 additional units
Résumé de l'annonce
Incredible Opportunity to Own a Five-Unit Market Rate Multi-Family Asset Located in the Heart of Downtown Lewiston.
We are pleased to present 127 Howe Street for sale - a five-unit market-rate multi-family asset located in the heart of downtown Lewiston, Maine. Comprising two detached wood-frame buildings on a 0.31± acre parcel, the property combines a strong in-place income stream with meaningful value-add upside through its substantial surplus land area.
The property consists of a front building (three units, 2–3 stories) and a fully gut-renovated rear building (two units), constructed circa 1896 and extensively updated beginning in 2021. All five units are two-bedroom/one-bath configurations of varying sizes. Unit interiors are in good condition, with the rear building reflecting above-average condition following a complete renovation from the studs, including new plumbing, electrical, flooring, and modern bathroom tile surrounds. The front building has received select updates to flooring and mechanicals.
The property presents a compelling combination of near-term income stability and longer-term development optionality - rare in the current Lewiston/Auburn multifamily market.
We are pleased to present 127 Howe Street for sale - a five-unit market-rate multi-family asset located in the heart of downtown Lewiston, Maine. Comprising two detached wood-frame buildings on a 0.31± acre parcel, the property combines a strong in-place income stream with meaningful value-add upside through its substantial surplus land area.
The property consists of a front building (three units, 2–3 stories) and a fully gut-renovated rear building (two units), constructed circa 1896 and extensively updated beginning in 2021. All five units are two-bedroom/one-bath configurations of varying sizes. Unit interiors are in good condition, with the rear building reflecting above-average condition following a complete renovation from the studs, including new plumbing, electrical, flooring, and modern bathroom tile surrounds. The front building has received select updates to flooring and mechanicals.
The property presents a compelling combination of near-term income stability and longer-term development optionality - rare in the current Lewiston/Auburn multifamily market.
Faits sur la propriété Sous contrat
| Prix par unité | 218 085 $ CAD | Classe d’immeuble | C |
| Type de vente | Investissement | Taille du lot | 0,30 AC |
| Nombre d’unités | 5 | Taille du bâtiment | 4 905 pi² |
| Type de propriété | Immeuble residentiel | Nombre d’étages | 3 |
| Sous-type de propriété | Appartement | Année de construction/rénovation | 1869/2021 |
| Style d’appartement | De faible hauteur | ||
| Zonage | DR - Downtown Residential | ||
| Prix par unité | 218 085 $ CAD |
| Type de vente | Investissement |
| Nombre d’unités | 5 |
| Type de propriété | Immeuble residentiel |
| Sous-type de propriété | Appartement |
| Style d’appartement | De faible hauteur |
| Classe d’immeuble | C |
| Taille du lot | 0,30 AC |
| Taille du bâtiment | 4 905 pi² |
| Nombre d’étages | 3 |
| Année de construction/rénovation | 1869/2021 |
| Zonage | DR - Downtown Residential |
Commodités
Commodités des unités
- Climatisation
Unité renseignements sur le mélange
| Description | Nombre d’unités | Loyer moyen/mois | pi² |
|---|---|---|---|
| 2+1 | 5 | - | - |
Impôts fonciers
| Numéro de lot | LEWI-000196-000000-000168 | Évaluation des bâtiments | 133 284 $ CAD |
| Évaluation du terrain | 37 528 $ CAD | Évaluation totale | 170 812 $ CAD |
Impôts fonciers
Numéro de lot
LEWI-000196-000000-000168
Évaluation du terrain
37 528 $ CAD
Évaluation des bâtiments
133 284 $ CAD
Évaluation totale
170 812 $ CAD
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