187 East Avenue, Lewiston, ME, 04240 | $399,900

Presenting an exceptional investment opportunity: a meticulously maintained two-unit building, each featuring three spacious bedrooms. This property boasts a robust tenant history and attractive amenities, making it an appealing choice for savvy investors as well as those in search of a roomy multi-family residence. The expansive floor plans offer generous living space, with each unit designed to meet the needs of its occupants. The building is equipped with efficient natural gas heating, ensuring reliable warmth and comfort for all residents, which is a significant advantage for both tenants and property owners alike. What makes this offer even more enticing is the inclusion of an additional lot located at 40 Tampa Street, which adds considerable value to the overall property. With a strong track record of reliable tenants, this building promises a consistent rental income stream, making it a smart investment option. The dependable cash flow and established history provide confidence for investors looking for a profitable opportunity. Located in a sought-after area, this property offers easy access to a variety of amenities, including shopping, dining, and entertainment options. Its convenient proximity to transportation hubs and major thoroughfares makes commuting and travel a breeze. Whether you are an investor aiming for a lucrative income-generating property or a homeowner wanting to create additional revenue, this two-unit building is the perfect fit.

Features

  • Amenities: 1st Floor Bedroom, Storage
  • Baths: 2 full
  • Units: 2
  • Laundry: Washer Hookup
  • Style: Multi-Level, New Englander, Other Style
  • Year Built: 1927
  • Heating: Multi-Zones, Baseboard
  • Cooling: None
  • Basement: Full, Interior Entry, Unfinished
  • Approx Sq. Feet: 2,452
  • Acreage: 0.34
  • Est. Taxes: $2,766
  • Lot Desc: Level, Open Lot, Sidewalks, Intown, Near Shopping, Near Town, Neighborhood, Retail Strip, Near Public Transit
  • MLS#: 1615036
  • Website: https://www.raveis.com
    /prop/1615036/187eastavenue_lewiston_me?source=qrflyer
Listing data is derived in whole or in part from the Maine IDX & is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.
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Listing courtesy of Portside Real Estate Group

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