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Updated 4 months ago,

User Stats

3
Posts
4
Votes
Ben Hitchcock
  • Investor
4
Votes |
3
Posts

Cash Flowing 3 Unit in College Town

Ben Hitchcock
  • Investor
Posted

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

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