East Danforth Portfolio

Multi-Family for Sale
Catylist Listing ID: 30808974
Property Subtypes: Mid-Rise
Number of Units: 40 Units
Building Size (RSF): 34,278 SF
Gross Building Area: See Agent
Sale Price: $8,500,000
Unit Price: $212,500 Per Unit
In Opportunity Zone? Yes
Property Use Type: Investment
Sale Terms: Cash to Seller
Last Updated: 11/23/2022

Overview / Comments

- 40 Unit multi-family portfolio on Portland's Peninsula
- 63 Danforth Street - 8 Unit
- 67 Danforth Street - 7 Units
- 71 Danforth Street - 7 Units
- 75-77 Danforth Street - 18 Units (Includes Carriage House)

- All 40 units on one block offer easy management

- 30+ On-site parking spaces

- Historically professionally managed and maintained

Attachments & Media

Financials

Finance Data Year 2022
Real Estate Taxes - Annual($) $66,045 (Annual)

Additional Details

Nearest MSA: Portland-South Portland
County: Cumberland
Tax ID/APN: 40-A-17
Zoning: R6
Property Located Between: High Street and Maple Street
Total Number of Buildings: 6
Construction/Siding: Brick/Vinyl Siding, Wood Frame, Wood Siding
Parking Type: Surface
Parking Description: Paved parking on-site
Laundry: Shared
Heat Type: Natural Gas, Hot Water, Steam
Heat Source: Baseboard, Other
Fuel: Gas
Lot Frontage: 236 ft
Lot Depth: 125 ft
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 24,525 76,791 111,093
Median Age: 34.58 37.8 39.15
Households: 13,072 35,617 50,070

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