Multi-Family For Sale

Multi-Family for Sale
Catylist Listing ID: 30114585
Property Subtypes: Mid-Rise
Number of Units: 6 Units
Building Size (RSF): 6,264 SF
Gross Building Area: See Agent
Gross Land Area: 0.12 Acres
Sale Price: $305,000
Unit Price: $50,833.33 Per Unit
Property Use Type: Investment
Sale Terms: Other
Cap Rate: Undisclosed
Average Occupancy Rate: 100
Last Updated: 11/16/2017

Overview / Comments

6 unit building in short walking distance to all revitalized downtown amenities & Amtrak. Building is fully occupied. Rents are below market value due to a few long term tenants. Plenty of room for rental increase due to large unit size. Building is in good mechanical condition. Natural gas heat. SHOWINGS ARE WEDNESDAYS & THURSDAYS ONLY with 24 hour notice. Annual Expenses: oil $2,732.07, Landlord Meter $725, Water/Sewer $3,020.36, Insurance $1,533, Taxes $4,802. Must see!

Attachments & Media

Additional Details

Nearest MSA: Portland-South Portland
County: York
Tax ID/APN: 27HighBiddeford04005
Zoning: R2
Property Located Between: From Pool or Bacon Street, turn on to High Street.
Site Description: From Pool or Bacon Street, turn on to High Street. Building is across the street from the large apartment complex parking lot.
Total Number of Buildings: 1
Property Condition: Good
Number of Stories: 3
Year Built: 1900
Roof Type: Flat
Construction/Siding: Vinyl Siding
Parking Description: 1-4 spaces. Paved driveway.
Total Parking Spaces: 4
Laundry: In Each Unit
Heat Type: Natural Gas
Heat Source: Baseboard
Zoning Description: R2

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 14,498 32,750 51,243
Median Age: 36.35 41.62 41.35
Households: 6,577 14,465 21,778


Photograph of Listing Agent

David Trottier

Realty Sales Inc.
NECPE Member
© Copyright New England Commercial Property Exchange. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither New England Commercial Property Exchange nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.