256 Park Street
Property Description
Discover the exceptional investment opportunity presented by this well-maintained 6-unit multi-family property, ideally positioned in the heart of downtown Lewiston, just moments from area hospitals, Bates College, and local amenities. This property is a standout for investors and owner-occupants alike: with a mix of turned-over and well-maintained units, it offers the rare combination of stability, low vacancy risk, and long-term income potential — 5 of the 6 units are already rented to stable, long-term tenants. Or take the owner-occupant angle and live in one unit while your tenants help cover the mortgage, all within walking distance of downtown conveniences. Whether you're searching for a turnkey addition to your portfolio or a smart way to house-hack your way into ownership, this property checks the boxes. Please provide a 24-48hr notice for all showing requests. Group showings (TBD).
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $649,999 |
| No. of Units: | 6 |
| Year Built: | 1891 |
| Lot Size: | 6,200.00 Sq ft |
| Opportunity Zone: | No |
| Price per unit: | $108,333 |
| Property Website | Click Here |
| Number of Bedrooms: | 0 |
| Number of Bathrooms: | 6 |
ID: 3yd-MREISME-1679581
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