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Adam Dow

| The Dow Group | #1 Real Estate Team in New Hampshire

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111117 111-117 Ash St , Lewiston, ME 04240
$1,500,000
Est. Payment: $3,333.33/mo
0 Bed
17 Bath
13794 Sqft
Status: Active | Days on site: 1
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2742 - 019176,023019
By proceeding and clicking the sign up button, you consent to receive calls and texts (SMS/MMS) including marketing and promotional communications, from , its affiliates, and agents or vendors acting on their behalf. These communications may be delivered using an automatic telephone dialing system or by using an artificial or prerecorded voice. Message and data rates may apply. To opt out of text messages, reply STOP. Your consent is not required as a condition of any purchase. By continuing, you also agree to our Terms of Use and Privacy Policy.
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House Description

15 unit investment portfolio consisting of 3 neighboring properties at 111, 115 and 117 Ash Street in Lewiston. The portfolio offers strong in place rents with meaningful additional upside through lease up and stabilization. Located directly across from the Basilica of Saints Peter and Paul and minutes from downtown Lewiston, the properties offer operational efficiencies through their immediate proximity to one another. 7 units are currently vacant as part of the owner's disposition strategy, creating an opportunity for a new owner to immediately increase occupancy and NOI. Portfolio includes a mix of studio, 1 bedroom and 3 bedroom units.
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Highlights

Listed by Garret Getch , 207-841-9433 and Carrie Getch , 207-504-0892 EXP Realty , 888-439-8743.

Property Type

Multi-Family
Lot/Acreage
0.22

Year Built

1891

County

Androscoggin

Listing ID

1680498

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:0
  • ▪ Bathrooms:17
  • ▪ Full Bathrooms:16
Floor:Carpet,Vinyl
Above Ground Sq Ft:13794
Below Ground Sq Ft:0
Basement:Interior Entry,Walk-Out Access,Full,Unfinished,Brick/Mortar
Water:Public

Exterior Features

Lot:Intown,Near Shopping,Near Turnpike/Interstate,Near Town,Neighborhood,Rolling Slope,Sidewalks,Near Public Transit
Zoning:DR
Roof:Shingle
Sewer:Public Sewer
Parking Features:No Driveway,On Site,Off Street

Open House

Upcoming Open Houses
Friday 4:30 pm - 6:30 pm Sep 18
Saturday 10:00 am - 12:00 pm Sep 19
Principal Interest
$3,333
Taxes
$876

Home Price

$1,500,000

Loan Details

30 yrs
%

Down Payment

20%
$300,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$3,333.33

Principal

Taxes

Principal Taxes HOA Total
Monthly $3,333.33 $875.92 $0.00 $4,209.25
Yearly $40,000.00 $10,511.00 $0.00 $50,511.00
Total $1,200,000.00 $315,330.00 $0.00 $1,515,330.00

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Lewiston, ME).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.