Turn-key Multi-unit with full management already in place! 297 Bates Street is a fully renovated ten-unit apartment building with all passing housing inspections. Don't need to do anything, just buy and hold for passive income! 17% Cap Rate with annual Net Operating Income (NOI) of $73,549.00! That's after all expenses, including property management and vacancy allowance. This property is agent-owned. If you're looking for something easy to invest in, you found it!
Off market
$898,300
297 Bates St, Lewiston, ME 04240
0beds
24,706sqft
SingleFamily
Built in 1901
4,791 sqft lot
$898,300 Zestimate®
$36/sqft
$-- HOA
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 0
- Bathrooms: 10
- Full bathrooms: 10
Interior area
- Total interior livable area: 24,706 sqft
Property
Lot
- Size: 4,791 sqft
Details
- Parcel number: 297Bates StreetLewiston196252
Construction
Type & style
- Home type: SingleFamily
Condition
- Year built: 1901
Community & neighborhood
Location
- Region: Lewiston
Other
Other facts
- roof_types: Unknown
- architectural_style: Other
- taxes_annual: 3794
Services availability
Get pre-qualified for a loan
At Zillow Home Loans, we can pre-qualify you in as little as 5 minutes with no impact to your credit score.An equal housing lender. NMLS #10287.