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Updated 4 months ago,
Cash Flowing 3 Unit in College Town
I have a 3 unit building in Farmington Maine with healthy cash flow and a large lot with room for expansion. This is a college town with huge demand for apartments.
Unit A: 2/1- $1000/mo
Unit B: 2/1- $1200/mo
Unit C: 3(4)/2- $1500/mo
All tenants pay their own electric and there is no house meter. Each unit has its own water heater. I pay heat on units A and B. See attached income sheet.
$300,000
Offering
Lewiston, Maine