496 Sabattus St - Apartments FOR SALE


Lewiston, ME 04240
$1,345,000 USD
207-784-3800
496 Sabattus St, Lewiston, ME for Sale
$1,345,000 USD
Apartments - FOR SALE
1/33
null | 2.41% Cap Rate

496 Sabattus St
Lewiston, ME 04240


OVERVIEW

First time on the market in over 40 years! This well-maintained 10 unit apartment building is a rare investment opportunity in a prime location. Featuring a newer gas boiler and a recently replaced roof, the property has been thoughtfully cared for and is in excellent shape. With a solid rental history and a roster of long-term, respectful tenants, this building offers both stability and immediate cash flow. Its strong mechanicals, clean condition, below market rents and unbeatable location makes it ideal for investors looking for a turnkey asset with upside potential. Don't miss your chance to own this legacy property!

FOR SALE DETAILS

PRICE

$1,345,000 USD

PRICE/SF

$193 USD /SF

# OF UNITS

55

PRICE/UNIT

$24,455

CAP RATE

2.41%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

496 Sabattus Street

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1930

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.24 AC

LAND SF

10,454 SF

ZONING

CB

APN/PARCEL ID

LEWI-000146-000000-000328

ASK ABOUT THIS PROPERTY

Crystal Fontaine-BergeronFontaine Family - The Real Estate LeaderMore Info
207-784-3800

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Crystal Fontaine-BergeronFontaine Family - The Real Estate LeaderMore Info
207-784-3800

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.