South Portland Income Property/Redevelopment Opportunity

Multi-Family for Sale
Catylist Listing ID: 30179451
Property Subtypes: High-Rise, Mid-Rise
Number of Units: 18 Units
Building Size (RSF): 8,110 SF
Gross Land Area: 1.33 Acres
Sale Price: $1,400,000
Unit Price: $77,777.78 Per Unit
Property Use Type: Investment
Building Name: 853 Main St
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 11/9/2017

Overview / Comments

MIxed use (mutli-family and retail) property on Rt 1 in South Portland. Purchase as an income property or as a redevelopment opportunity.

Additional Details

Nearest MSA: Portland-South Portland-Biddeford
County: Cumberland
Tax ID/APN: 05220__079*0000*004A
Zoning: LB
Site Description: property type: Apartment Retail Parking: Ample on-site parking
Parking Type: Surface

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 3,309 41,607 106,166
Median Age: 41.14 39.04 39.57
Households: 1,408 19,429 47,599

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