Clean Fully Rented 5 unit with Low Rents

Multi-Family for Sale
Catylist Listing ID: 30709660
Property Subtypes: Duplex/Fourplex, Low-Rise/Garden, Mid-Rise, Other
Number of Units: 5 Units
Building Size (RSF): 6,616 SF
Gross Building Area: See Agent
Gross Land Area: 0.60 Acres
Sale Price: $395,000
Unit Price: $79,000 Per Unit
Property Use Type: Investment
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 3/2/2021

Overview / Comments

Welcome to this clean, well maintained 5 unit with low rents & long term tenants.

1st floor has dual entrance for tenant convenience. Units 1-4 each have two large bedrooms, lots of windows for natural light, closet space, and quaint features, to make each tenant feel at home. Unit 5 is on the third floor, and has cute characteristics of its own. Perfect for a couple or a single renter. Parking for each unit is included up to 2 cars, with garage usage!! Easy basement access with ample storage. The back yard is open, and available for use by all tenants with a gazebo.

You don't want to miss this gem of a property that is priced to sell and will go quick!

Additional Details

Nearest MSA: Lewiston-Auburn
County: Androscoggin
Tax ID/APN: 01050_174/000/363
Zoning: NCB
Total Number of Buildings: 1
Property Condition: Good
Year Built: 1940
Roof Type: Other
Construction/Siding: Vinyl Siding
Parking Type: Structure, Surface, Other
Parking Description: detached 5 car garage
Total Parking Spaces: 10
Sprinklers: Other
Heat Type: Natural Gas, Hot Water
Heat Source: Baseboard
Fuel: Oil
Internet Access: Cable
Zoning Description: NCB
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 17,305 48,827 60,410
Median Age: 35.25 36.83 38.43
Households: 7,277 20,724 25,534
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