$799,000

House for sale Lewiston
Property photo number 1 of 6 Photos for Property. File  104689832_29_3ddd16db5349e2832df542c1c6f3c497.jpeg

Overview

SUMMARY: Discover an opportunity with this Lewiston house for sale and available for $799,000. This could be your next ideal home or a smart investment. More details await.
Well-maintained and updated 8-unit multifamily in a strong Lewiston rental market, offering a mix of stability and upside. The property features a diverse unit mix of (2) one-bedroom, (4) two-bedroom, and (2) three-bedroom units - positioning it well to attract a broad tenant
base and reduce vacancy risk. The property has seen a mix of major exterior capital improvements and ongoing interior upgrades. Key components including the roof, siding, and heating system have been updated, helping reduce near-term capital expenditure risk. Several units have been renovated with updated kitchens, flooring, and interior finishes, supporting strong tenant demand and rental performance, while leaving additional units available for future improvements and continued rent growth. The property offers off-street parking for all units and benefits from Lewiston's continued rental demand and limited supply of larger multifamily assets. With a solid operational foundation already in place, this is a turnkey opportunity for investors seeking dependable cash flow with the ability to further optimize rents and increase long-term value. Whether you're scaling an existing portfolio or acquiring a stabilized asset in a growing market, this building checks the boxes for both performance and potential.

Details

  • Baths: 9
  • Price: $799,000
  • Area: 7,920 sqft

Location

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