12% Cap Rate on this 10 unit building. All rents have recently been raised to market rate. Property offers (2) One bedroom units, (4) Two bedroom units, & (4) Three bedroom units. Property has also been through the city lead abatement program. In addition, the adjacent vacant lot #43 is also part of the sale. Currently being used for additional parking, this lot meets the requirements to build a 4 unit apartment building. Or use the lot as is and continue to allow tenants the convenience of off-street parking.
Closed
$665,000
39 & 43 Knox Street, Lewiston, ME 04240
22beds
7,352sqft
Multi Family
Built in 1881
-- sqft lot
$807,000 Zestimate®
$90/sqft
$-- HOA
What's special
Zillow last checked: 7 hours ago
Listing updated: January 13, 2025 at 07:12pm
Listed by:
Coldwell Banker Team Real Estate
Bought with:
A Team Realty
Source: Maine Listings,MLS#: 1555282

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 22
- Bathrooms: 10
- Full bathrooms: 10
Heating
- Multi-Zones, Hot Water, Baseboard
Cooling
- None
Features
- Flooring: Wood, Vinyl
- Basement: Full,Interior Entry,Unfinished
Interior area
- Total structure area: 7,352
- Total interior livable area: 7,352 sqft
- Finished area above ground: 7,352
- Finished area below ground: 0
Property
Parking
- Parking features: 5 - 10 Spaces, Other, On Street
- Has uncovered spaces: Yes
Features
- Levels: Multi/Split
Lot
- Size: 9,583 sqft
- Features: Level, Near Shopping
Details
- Zoning: DR
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Vinyl Siding, Wood Frame
- Roof: Flat,Membrane,Metal,Pitched
Condition
- Year built: 1881
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Lewiston
Services availability

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