South Portland 3-Unit
Multi-Family
for Sale
Sale Pending/Contingent
| Catylist Listing ID: |
30872345 |
| Property Subtypes: |
Mid-Rise
|
| Status: |
Pending/Contingent |
| Number of Units: |
3 Units |
| Building Size (RSF): |
2,918 SF |
| Gross Building Area: |
See Agent |
| Sale Price: |
$699,000 |
| Unit Price: |
$233,000 Per Unit |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
5/16/2024 |
Overview / Comments
|
Across from the famous Red's Dairy Freeze sits a charming red 3-unit multi-family. Each unit has 2 bedrooms and 1 bath, there is parking for each unit, plus a new heating system and new roof. The sunny third floor unit is currently vacant so that a buyer can move right in or lease it out as they please. The first and second floor offer spacious, double parlor layouts, and decks off the front. Just across the bridge from Portland, this location is just a few minutes from a variety of beaches, breweries, and bakeries! ***If you're having a hard time finding a house in your budget, start with a multi-family! Did you know there is a new 5% down loan available to first time multi-family buyers? Ask your local lender for more info.***
|
Additional Details
| Nearest MSA: |
Portland-South Portland |
| County: |
Cumberland |
| Tax ID/APN: |
05220_14-100 |
| Zoning: |
RESIDENTIAL DISTRICT |
| Total Number of Buildings: |
1 |
| Number of Stories: |
3 |
| Construction/Siding: |
Wood Shingle |
| Exterior Description: |
Red Siding |
| Parking Type: |
Surface |
| Total Parking Spaces: |
3 |
| Sprinklers: |
None |
| Heat Type: |
Natural Gas |
| Heat Source: |
Other |
| Fuel: |
Gas |
| Water Service: |
Municipal |
| Sewer Type: |
Municipal |
| Easements Description: |
Parking Easement |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
11,788 |
68,305 |
109,330 |
| Median Age: |
40.94 |
38.41 |
39.41 |
| Households: |
5,438 |
31,920 |
49,285 |
|
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The information presented herein is provided as is, without warranty of any kind.
Neither New England Commercial Property Exchange nor
Moody's assume any liability for errors or omissions.
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