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111 Ash Street

Lewiston ME 04240

17
13794 sq. ft.
9583.2 sq. ft.
Multi-Family
Currently for sale - view listing

Overview

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.

Features

17 bathrooms
13794 sq. ft. floor area
9583.2 sq. ft. lot size
Multi-Family

Happy sellers in Lewiston

92%
92% of sellers in Lewiston reported that their sale price either exceeded or met their price expectations.

Lewiston stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 7 reviews in Lewiston over the last 12 months.

Local market activity for multi families in Lewiston

In the last 12 months, 73 multi families similar to 111 Ash Street, have been sold.

This represents a 28% increase in multi families sales when compared to the previous 12 months.

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(619) 566-0008
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