111-117 Ash ST, Lewiston, ME 04240
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111-117 Ash ST, Lewiston, ME 04240
111-117 Ash ST, Lewiston, ME 04240
111-117 Ash ST, Lewiston, ME 04240
111-117 Ash ST, Lewiston, ME 04240
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Listed by Garret Getch EXP Realty
$ 1,500,000
Est. payment /mo
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Active

111-117 Ash ST Lewiston, ME 04240

17 Baths

13,794 SqFt


UPDATED:

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 13,794 sqft

Price per Sqft $108

MLS Listing ID 1680498

Full Baths 16

HOA Y/N No

Year Built 1891

Tax Year 2025

Lot Size 9,583 Sqft

Acres 0.22

Source Maine Listings

Land Area 13794

Property Description

15 unit investment portfolio consisting of 3 neighboring properties at 111, 115 and 117 Ash Street in Lewiston. The portfolio offers strong in place rents with meaningful additional upside through lease up and stabilization. Located directly across from the Basilica of Saints Peter and Paul and minutes from downtown Lewiston, the properties offer operational efficiencies through their immediate proximity to one another. 4 units are currently vacant as part of the owner's disposition strategy, creating an opportunity for a new owner to immediately increase occupancy and NOI. Portfolio includes a mix of studio, 1 bedroom and 3 bedroom units.

Location

State ME

County Androscoggin

Zoning DR

Direction Properties sit directly across from the Basilica of Saints Peter and Paul on Ash Street

Rooms

Basement Exterior Entry, Interior Entry, Walk-Out Access, Full, Unfinished, Brick/Mortar

Interior

Heating Gas Natural, Oil, Baseboard, Radiator

Cooling None

Flooring Carpet, Vinyl

Laundry Washer Hookup

Exterior

Parking Features No Driveway, On Site, Off Street

Roof Type Shingle

Porch Porch

Garage No

Building

Lot Description Intown, Near Shopping, Near Turnpike/Interstate, Near Town, Neighborhood, Rolling Slope, Sidewalks, Near Public Transit

Entry Level Multi-Level

Foundation Poured Concrete, Brick/Mortar

Water Public

Architectural Style New Englander, Other

Others

Tax ID LEWI-000195-000000-000464


Maine MLS (MREIS) IDX

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511 Congress St. STE 101, Portland, ME 04101
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