Multifamily Property with
For Sale
$514,999
99 College Street, Lewiston, ME 04240
The fully occupied building includes completed updates and established rental income.
Property Size5,957 SF
Price / SF$86.45
Days on Market142
Property Features for 99 College Street
General Information
Standard status
Active
Size
5,957 SF
Property subtype
MULTI_FAMILY
Occupancy
100%
Financials
Cap Rate
6.9%
Gross Income
$68,112
Additional Details
Tenant in Place
Yes
Taxes and HOA fees
Annual Taxes
$4,415
Building Details
Building Size
5,957 SF
Year Built
1900
Listing Agency:
Better Homes & Gardens Real Estate/The Masiello Group
Listed By:
Linda Davis
(207) 212-5373
Source:
Hoangrealty
Added: Jun 9
Changed: Oct 27
Last Checked: Oct 26 at 3:52PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Better Homes & Gardens Real Estate/The Masiello Group
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Investment Insights
Based on property information with market context.
This 5,957-square-foot multifamily property was built in 1900 and is fully rented, with updates completed to the building. Its reported cap rate is 6.9%.
Key Highlights
- 5,957‑square‑foot multifamily property
- Built in 1900; updates have been completed
- Fully rented with a reported 6.9% cap rate
Property Analytics
Who owns this building?
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Lease Details
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
2,245
Businesses Nearby
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Business Placement
Demographics for 04240, ME
37,121
Population
16,852
Households
2.2
Avg Household Size
38
Median Age
22%
College-Educated
90%
High-School Grad
34.1 sq mi
ZIP Area
1,089
Density / Sq Mi
$56,558
Median Household Income
$36,734
Median Earnings
$954
Median Rent
$214,200
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Multifamily property - The fully occupied building includes completed updates and established rental income.
Where is this multifamily property located?
The property is located at 99 College Street Lewiston, ME.
What is the asking price?
The asking price for this property is $514,999.
What are key features of this property?
This property features: 5,957‑square‑foot multifamily property; Built in 1900; updates have been completed; Fully rented with a reported 6.9% cap rate
