Six Unit in Downtown Lewiston

[Steve Kenney]

Investment Info:

Large multi-family (5+ units) buy & hold investment.

Purchase price: $345,000
Cash invested: $69,000

This is a six unit apartment building in downtown Lewiston. It has three two bedroom units and three three bedroom units. It's an older building that has great bones, but needs some TLC, so it's been keeping me busy. Once I have it fully stabilized it will be a great cashflowing asset.