Apartment Building - 10 Unit
Multi-Family
for Sale
| Catylist Listing ID: |
30848389 |
| Property Subtypes: |
Low-Rise/Garden
|
| Number of Units: |
10 Units |
| Building Size (RSF): |
5,478 SF |
| Gross Building Area: |
See Agent |
| Sale Price: |
$725,000 |
| Unit Price: |
$72,500 Per Unit |
| Property Use Type: |
Investment |
| Sale Terms: |
Cash to Seller |
| Last Updated: |
9/13/2023 |
Overview / Comments
|
Well maintained 10-unit apartment building consisting of 6 1-bedrooms and 4 2-bedroom units. Conveniently located in close proximity to the state capital campus. Large off-street parking lot. Basement laundry area. Below market rents with significant upside potential. Great investment opportunity with projected 10%+ cap rate.
|
Financials
| Finance Data Year |
2023 |
| Real Estate Taxes - Annual($) |
$5,892 (Annual) |
Additional Details
| Nearest MSA: |
Augusta-Waterville |
| County: |
Kennebec |
| Tax ID/APN: |
11020_00037 00034 00000 |
| Zoning: |
RB1 |
| Total Number of Buildings: |
1 |
| Property Condition: |
Good |
| Year Built: |
1938 |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
9,229 |
18,071 |
30,806 |
| Median Age: |
40.43 |
43.73 |
43.94 |
| Households: |
4,173 |
8,416 |
13,812 |
|
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