Park St

Multi-Family for Sale
Catylist Listing ID: 30842788
Property Subtypes: Mid-Rise
Number of Units: 8 Units
Building Size (RSF): 4,728 SF
Gross Building Area: See Agent
Sale Price: $399,000
Unit Price: $49,875 Per Unit
Property Use Type: Investment
Sale Terms: Sale/Leaseback
Cap Rate: Undisclosed
Last Updated: 4/16/2024

Overview / Comments

Introducing an incredible opportunity to expand your portfolio with eight value-add units! This remarkable property presents an enticing proposition, featuring four fully renovated 2-bedroom units awaiting your final touches, while the remaining four 3-bedroom units are primed for your equity-returning ideas. With the building currently vacant, the potential for both equity growth and cashflow is substantial. Adding to its allure, the property is complemented by an adjacent vacant lot, unlocking limitless possibilities. Don't let this opportunity slip away - seize it today!

Financials

Finance Data Year 2023
Real Estate Taxes - Annual($) $3,720 (Annual)

Additional Details

Nearest MSA: Lewiston-Auburn
County: Androscoggin
Tax ID/APN: LEWI-000196-000000-000299
Zoning: DR

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 19,182 48,932 61,525
Median Age: 32.43 37.14 38.51
Households: 8,285 20,804 25,977

Contact

Photograph of Listing Agent

Kevin Fletcher, CCIM

KW Commercial NECPE Member
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