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Bean Group
Offered at $514,999Active
beds
—
baths
5
sq ft
5,957
Built
1900

99 College Street

Lewiston, ME 04240

About this home

**Cap Rate 6.9% Gross income $68,112, expenses $32,432**Seller will consider some owner financing.** Time to invest! Attention investors! This income-producing property is ready for its next owner. With several updates already completed and the building fully rented, this is an excellent opportunity to add a performing asset to your portfolio from day one. Whether you're a seasoned investor looking to expand your holdings or just beginning to build your investment portfolio, this property offers immediate cash flow and long-term potential. Don't miss the chance to own a well-maintained investment property with established tenants already in place. No time like the present to invest--schedule your showing today and see the opportunity for yourself!

Listing last checked: Listing updated:

Listed by Listing Agent · Better Homes & Gardens Real Estate/The Masiello Group · MLS #1666169

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Details at a glance

Interior4 property facts
Heating
Oil, Baseboard, Hot Water
Cooling
None
Flooring
Laminate, Tile, Vinyl, Wood, Linoleum
Fireplaces
0
Building5 property facts
Style
Other
Year built
1900
Garage
0
Foundation
Block, Brick/Mortar
Roof
Shingle
Land & utilities4 property facts
Lot size
0.11 acres
Water
Public
Sewer
Public Sewer
Zoning
NCA
Financial2 property facts
Annual taxes
$4,415
Assessment year
2025

Location

Estimated monthly cost

Explore costs at the $514,999 asking price. Adjust the assumptions to your situation.

Known monthly costs$2,972 / monthAdjust
Principal & interest
$2,604
Property tax
$368
Insurance
Not entered
HOA
Not entered

Listing annual taxes: $4,415. Initial monthly tax is one twelfth of that amount. HOA amount was not supplied.

Partial estimate: add insurance, monthly HOA to include those costs. Blank amounts are unknown.

The initial 6.5% rate is illustrative, not a current rate or lender quote. Excludes utilities, maintenance, closing costs and mortgage insurance, which may apply with a down payment below 20%. Taxes and insurance can change.

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About 99 College Street

Can I request a private showing?

Request a tour of 99 College Street and a Bean Group agent will help coordinate an available time with the listing side.

Can you help me evaluate this property?

Yes. We can discuss condition, comparable sales, offer strategy and the questions worth asking before you decide whether to proceed.

Are property documents available?

Availability varies by property and source. Request the documents you need and we will help obtain what is available.