Lewiston
$850,000
151 Horton Street
mls: 1660474
Bathrooms: 9
Year Built: 1896
Sq Footage: 7,920
Lot Size: 0.22
Taxes: $5,381
Status: Active

Well-maintained and updated 8-unit multifamily in a strong Lewiston rental market, offering a mix of stability and upside. The property features a diverse unit mix of (2) one-bedroom, (4) two-bedroom, and (2) three-bedroom units - positioning it well to attract a broad tenant base and reduce vacancy risk.

Listed by: Keller Williams Realty

Well-maintained and updated 8-unit multifamily in a strong Lewiston rental market, offering a mix of stability and upside. The property features a diverse unit mix of (2) one-bedroom, (4) two-bedroom, and (2) three-bedroom units - positioning it well to attract a broad tenant base and reduce vacancy risk. The property has seen a mix of major exterior capital improvements and ongoing interior upgrades. Key components including the roof, siding, and heating system have been updated, helping reduce near-term capital expenditure risk. Several units have been renovated with updated kitchens, flooring, and interior finishes, supporting strong tenant demand and rental performance, while leaving additional units available for future improvements and continued rent growth. The property offers off-street parking for all units and benefits from Lewiston's continued rental demand and limited supply of larger multifamily assets. With a solid operational foundation already in place, this is a turnkey opportunity for investors seeking dependable cash flow with the ability to further optimize rents and increase long-term value. Whether you're scaling an existing portfolio or acquiring a stabilized asset in a growing market, this building checks the boxes for both performance and potential.

Listed by: Keller Williams Realty

Above Grade Finished Area
7920.00
Accessibility Features
Appliances
Architectural Style
Other
Basement
Interior Entry, Unfinished
Bathrooms Full
9
Bathrooms Half
0
Bathrooms Total Integer
9
Below Grade Finished Area
0.00
Body Type
Building Area Total
7920.00
Construction Materials
Wood Frame, Vinyl Siding
Cooling
None
Electric
Circuit Breakers
Exterior Features
Fireplaces Total
0
Flooring
Vinyl, Wood
Foundation Details
Garage Spaces
0.00
Green Energy Efficient
Heating
Gas Natural, Baseboard, Hot Water
Heating Yes/No
1
Interior Features
Laundry Features
Lot Features
Neighborhood, Level, Sidewalks
Lot Size Acres
0.2200
Other Equipment
Other Structures
Parking Features
Paved, 5 - 10 Spaces, On Site
Patio And Porch Features
Porch
Pets Allowed
Property Condition
Roof
Flat, Membrane
Sewer
Public Sewer
Tax Annual Amount
5381.00
Utilities
Water Source
Public
Waterfront Features
Year Built
1896
Zoning
DR