24 Birch Street

Description

Introducing 24 Birch Street, an exceptional 3-unit multi-family with incredible potential for savvy investors seeking a rewarding opportunity. Situated in a prime location in Lewiston, Maine, this property offers three spacious 3-bedroom units, making it a sought-after prospect for tenants and a solid source of rental income. The property's heating system has been converted to natural gas, with a new burner installed in 2018. This upgrade ensures cost-effective and environmentally-friendly heating for all units, benefitting both the tenants and the property owner. With a new roof installed in 2022, this property exhibits a strong commitment to maintenance and long-term value. The new roof provides added protection to the building, reducing potential expenses for future owners. Currently, all rents are month-to-month and are below market value, presenting a golden opportunity for investors to increase rental income. This attractive proposition allows for immediate cash flow and the potential for substantial returns in the future. With a winning combination of location, well-maintained infrastructure, and the potential to increase rental income, 24 Birch Street is the epitome of an ideal investment property. Whether you're an experienced investor looking to expand your portfolio or a first-time buyer seeking a promising venture, this multi-family listing promises endless opportunities. Don't miss out on the chance to secure this gem and reap the benefits of a prosperous investment.