• Year Built: 1891
139 Oak Street is amulti-family property for lease in Lewiston, ME.
This 5-unit apartment building has good-sized living units uniquely designed. Some of the units are in need of some cosmetic and miscellaneous repairs but with its close proximity to Downtown Lewiston and Bates College the property has tremendous upside potential. Tenants pay their own electricity with the landlord paying heat & hot water powered by a new high efficient gas heating system. The entire basement has been spray insulated as well which will yield great savings over the prior years.
The unit mix of the building includes three 1-bedroom apartments, a 2-bedroom and a 3-bedroom apartment. Market rate Gross Annual Income could be as high as $26,100. See cash flow model in our brochure.
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- Chris Norwood, agent and Rofo Pro