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About the Listing 1898 - 020472
OPEN HOUSES - Friday the 5th, from 4:30 - 6pm and Saturday the 6th, from 11am - 12pm Your next investment is already running smoothly. It is time to let your money work for you - not the other way around! 78 Howard Street is the kind of deal every investor is looking for. Already under professional management, with many major expenses already taken care of. But not so upgraded that it has lost any potential for value add. A new investor can make a few light changes, fill vacancy, and step into potential increased equity. Once filled at market rent you're looking at right around a 10% cap rate. The existing management team knows the property and wants to stay on. No hassle of interviewing management, trying to keep your records straight, or adding personnel to your current team to handle more units. At $585,000, this is an accessible entry point into Lewiston's growing rental market with a clear, low-effort path to full stabilization. Schedule your showing today!
Listing Highlights
Status
Active
Days on Site
2
Property Type
Multi-Family
MLS ®
1665292
Year Built
1925
Total Square Footage
7,200
Lot/Acreage
0.11
County
Androscoggin
Interior Details
- Bedrooms: 0
- Bathrooms: 6 Full
- Appliances:
- Air Cond:
- Heating: Gas Natural,Baseboard
- Fireplaces:
- Floor: Wood
- Above Ground Sq Ft: 7200
- Below Ground Sq Ft: 0
- Basement: Interior Entry,Full,Unfinished
- Other:
- Water: Public
Exterior Details
- Lot Description: Intown,Level
- Garage Capacity: N/A
- Zoning: DR
- Roof: Flat
- Others:
- Sewer: Public Sewer
- Parking Features: Paved,1 - 4 Spaces,Off Street,On Street
Financial Details
- Tax Amount: $5,015
- Taxes w/Assessments: N/A
- Tax/Property ID: LEWI-000195-000000-000232
- Tax Year: 2026
Payment Calculator
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Questions About..
78 Howard St Lewiston, ME 04240
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