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Property profile & analytics
OFF-MARKET
Commercial real estate

62 Knox St Lewiston, ME 04240

3,234 SF Built 1881
Property ID
US42-0813739
Property summary
AI-generated overview

This exceptional investment opportunity presents a three-unit apartment building located at 62 Knox Street in Lewiston, Maine. The property, built in 1881, boasts a total of 3,234 square feet and is situated on a lot identified by APN LEWI-000196-000000-000263. Each of the three units offers three bedrooms and one bathroom, featuring open layouts and ample natural light. Currently vacant, this property presents a blank canvas for an investor to realize significant income potential. The asking price is $150,000, translating to $50,000 per unit and a price per square foot of $46.38. The property is zoned DR, making it suitable for various uses. Its prime downtown Lewiston location offers convenient access to local amenities and services. This multifamily building represents a compelling investment opportunity for those seeking a property with strong potential for rental income in a desirable Maine location. The property's age presents a chance for renovation and modernization, further enhancing its value and appeal to potential tenants. This is a rare chance to acquire a well-positioned multifamily property in a growing market.

Property profile
Verified
Property type Commercial real estate
Year built 1881
Total area 3,234 SF
APN LEWI-000196-000000-000263
UPID US42-0813739
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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