142 College St Lewiston, ME 04240-6810

This exceptional 18-unit apartment building presents a compelling investment opportunity in the heart of Lewiston, Maine. Situated on a 0.32-acre lot at the corner of College Street and Moulton Street, this property boasts 8,049 square feet of living space spread across a three-story building constructed in 1881. Currently fully occupied, the building offers a strong, immediate return on investment. The property is zoned NCB - Neighborhood Conservation B District. Individual unit pricing is $44,388.89, with an overall asking price of $799,000 ($99.27 per square foot). The property includes recent upgrades and benefits from its prime location near downtown Lewiston. The building's address is 142 College St, Lewiston, ME 04240 (APN: Map 194, Lot 334). This multifamily investment is owned by Multivision Investments LLC and presents a rare chance to acquire a well-maintained, income-producing asset in a thriving Maine community. The building consists of a 15-unit main structure and an attached 3-unit building. This is a turnkey opportunity for an investor seeking a stable and profitable addition to their portfolio. The property's strong occupancy rate and convenient location make it an attractive proposition for both seasoned and new investors.