26 Webster Street
$549,000
17
5
6,314
6,314
$87
Active Under Contract
Description
Introducing an exceptional investment opportunity in the heart of a thriving rental market: a 5-unit apartment building with impressive cash flow potential. This well-maintained property offers a robust rental income stream, making it an ideal addition to any real estate portfolio. Situated in a dynamic neighborhood with strong demand for rental properties, this building benefits from a vibrant local market where vacancies are low and rental rates are on the rise. The area's steady economic growth...Introducing an exceptional investment opportunity in the heart of a thriving rental market: a 5-unit apartment building with impressive cash flow potential. This well-maintained property offers a robust rental income stream, making it an ideal addition to any real estate portfolio. Situated in a dynamic neighborhood with strong demand for rental properties, this building benefits from a vibrant local market where vacancies are low and rental rates are on the rise. The area's steady economic growth and increasing population contribute to a favorable environment for landlords seeking reliable returns. Each unit provides ample living space and functional layouts, ensuring broad appeal to a diverse range of tenants. With a touch of TLC, this property could see significant appreciation. Updating the interiors and enhancing common areas could not only increase the rental income but also elevate the property's overall value. Whether you're a seasoned investor or just starting out, this property offers a solid foundation and promising upside. Take advantage of the current market trends and unlock the full potential of this high-cash-flow investment.
- Listed by Michael Emmert • Hearth & Key Realty • 207-223-6325
- Listed by Jeffrey Emmert • Hearth & Key Realty
Property Details for 26 Webster Street
Waterfront
No
ArchitecturalStyleMulti-Level, New Englander
Garage Spaces1.00
GarageYes
ZoningDR
LISTING UPDATED: 11/25/2024 09:13 AM
Property Details for 26 Webster Street
Status | Active Under Contract |
---|---|
MLS # | 1604003 |
Days on Market | 69 |
Taxes | $4,575 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Multi-Family |
Year Built | 1939 |
Lot Size | 0.19 AC / 8,276 SF |
County | Androscoggin County |
Building Information for 26 Webster Street
Stories3Residences5Year Built1939Building Size-Lot Size0.19 AC / 8,276 SF
Property Information for 26 Webster Street
Property History for 26 Webster Street
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 26 Webster Street
Taxable ValueLand$17,280Additions$144,620Total$161,900
Tax Record2023$4,857 ($405 / month)
Home Facts
Total Finished SqFt2,393 SqFtAbove Grade Finished SqFt2,393 SqFtLot Size8,276 SqFtStyleMulti-Family Res (5+ Units)Year Built1866CountyANDROSCOGGINAPNLEWI M:195 L:107
Schools near 26 Webster Street
This home is within Lewiston Public Schools.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 6 | |||
Public - | 7 to 8 | |||
Public - | 9 to 12 | |||
Public - | PK to 6 |
Rating | School | Distance |
---|---|---|
Farwell Elementary School PublicPK to 6 | ||
Lewiston Middle School Public7 to 8 | ||
Lewiston High School Public9 to 12 | ||
Robert V. Connors Elementary School PublicPK to 6 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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