Building Details:
• Year Built: 1860
74 Birch St is located in Lewiston, ME.
This 3-unit apartment building sits on a double corner lot. The property is in good condition and is in close proximity to Downtown Lewiston and walking distance from Lewiston High School. The property is currently 100% leased (as of Nov. 2014). Tenants pay their own electricity and each unit has it’s own private deck area. The top floor makes a great owner/user unit. There’s extra storage space in the dry basement. The buildings units are large and each have three bedrooms. Overall a solid property in a residential intensive neighborhood.
The unit mix of the building includes three 3-bedroom units. As of November 2014 the building is 100% occupied. Current annual gross income is $24,600 with potential for increased rents. Easy to rent apartment building! See Cash Flow Model in property brochure.
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