172 Blake StreetLewiston, ME 04240MLS Number 1542040

  • Price: $6,000,000
  • Est. Mortgage of $/month
$
$
%
$/month over payments
Federal 30-year interest rate: 6.58% last updated on Nov 23, 2022
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
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172 Blake Street Lewiston ME 04240172 Blake Street Lewiston ME 04240172 Blake Street Lewiston ME 04240172 Blake Street Lewiston ME 04240172 Blake Street Lewiston ME 04240172 Blake Street Lewiston ME 04240172 Blake Street Lewiston ME 04240172 Blake Street Lewiston ME 04240172 Blake Street Lewiston ME 04240172 Blake Street Lewiston ME 04240172 Blake Street Lewiston ME 04240172 Blake Street Lewiston ME 04240
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  • 2.09Acreage
  • 60,747Square Feet
  • 1881Year Built
This high quality portfolio in the fastest growing Southern Maine investment market contains 58 units in 11 buildings, centrally located in the Downtown area and in close proximity to one another. Very strong rental income with historic vacancy and delinquency rates near zero. All buildings have parking; most units have had significant upgrades and some have been renovated from the studs-in. Some of the recent improvements include heating systems, plumbing, wiring, insulation, decking and cabinetry. This portfolio has been operated by an extremely hands-on owner/manager, which is evident in the care of the buildings and the tenants. Fantastic opportunity to land a large, turnkey and profitable portfolio in this up-and-coming market. Property addresses and unit counts as follows: 172-176 Blake St - 15 units, 228 East Ave - 6 units, 167 Pine St - 6 Units, 215-217 Blake St - 5 units, 809 Sabattus St - 4 units, 53 Maple St - 4 Units, 119-121 Pierce St - 3 Units + SFH, 39 Howard St - 3 units, 166 Blake St - 3 units, 174 Bartlett St - 3 units, 487 Main St - Commercial Space + 1 Residential unit
Listed by Vitalius Real Estate Group,LLC

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Coldwell Banker American Heritage Real Estate
Coldwell Banker American Heritage Real Estate
Office: 207-942-6773
510 Broadway
Bangor, ME 04401

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More Info

Location Information

  • Building Number172
  • StreetBlake Street

Building

  • Square Feet60,747
  • BasementFull
  • Building ConstructionWood Frame
  • RoofFlat, Shingle

Property

  • Acreage2.09
  • Leased LandNo
  • Sq Ft SourcePublic Records
  • Vehicle Storage2 Car
  • Water ViewNo

Water Body

  • Water FrontageNo

Photos

  • Number of Photos12

Other

  • Last Img Trans Date09/02/2022
  • Modification Date11/15/2022
  • Lot78
  • Parking Spaces21+ Spaces, Off Street, On Site
  • Year Built1881
  • View Count10

Basic Information

  • StyleMulti-Level
  • SeasonalNo
  • MLS Number1542040
  • Agent ID009631
  • Broker NameVitalius Real Estate Group, LLC
  • Broker ID2698
  • List Price$6,000,000
  • MLS StatusActive
  • Property SubTypeMulti Family

Exterior

  • ExteriorVinyl Siding, Wood Siding

Amenities

  • AmenitiesLaundry - Coin
  • Other AmenitiesBasement

Location

  • StateME
  • LocationIntown
  • Zip04240
  • Address172 Blake Street
  • CountyAndroscoggin
  • DrivewayGravel, Paved
  • Map196
  • Road Frontage DescriptionPublic
  • SiteLevel, Open
  • TownLewiston

Utilities

  • WaterPublic
  • Heating FuelGas Natural
  • Heat SystemBaseboard, Forced, Hot Water
  • CoolingNone
  • ElectricCircuit Breakers
  • GasNatural - At Street
  • Waste Water DisposalPublic Sewer

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Experience says it all: