OPEN HOUSES - Friday the 5th, from 4:30 - 6pm and Saturday the 6th, from 11am - 12pm
Your next investment is already running smoothly.
It is time to let your money work for you - not the other way around! 78 Howard Street is the kind of deal every investor is looking for. Already under professional management, with many major expenses already taken care of. But not so upgraded that it has lost any potential for value add. A new investor can make a few light changes, fill vacancy, and step into potential increased equity.
Once filled at market rent you're looking at right around a 10% cap rate. The existing management team knows the property and wants to stay on. No hassle of interviewing management, trying to keep your records straight, or adding personnel to your current team to handle more units. At $585,000, this is an accessible entry point into Lewiston's growing rental market with a clear, low-effort path to full stabilization.
Schedule your showing today!
73 days
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107
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11
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Zillow last checked:
Listing updated:
Listed by:
Keller Williams Realty
Source: Maine Listings,MLS#: 1665292
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 7
Bathrooms: 6
Full bathrooms: 6
Heating
Baseboard
Cooling
None
Features
Flooring: Wood
Basement: Interior Entry,Full,Unfinished
Interior area
Total structure area: 7,200
Total interior livable area: 7,200 sqft
Finished area above ground: 7,200
Finished area below ground: 0
Property
Parking
Parking features: Paved, 1 - 4 Spaces, Off Street, On Street