Multifamily Opportunity

Multi-Family for Sale
Sale Pending
Catylist Listing ID: 30863097
Property Subtypes: Duplex/Fourplex
Status: Pending
Number of Units: 2 Units
Building Size (RSF): 3,672 SF
Gross Building Area: See Agent
Sale Price: $825,000
Unit Price: $412,500 Per Unit
In Opportunity Zone? Yes
Property Use Type: Investment
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 5/17/2024

Overview / Comments

3,672± SF duplex for sale, both units have 2 bedrooms and are currently occupied by respectful tenants. An additional 1 bedroom unit is available for an owner-occupant on the first floor. To be an official 3-unit multifamily, building needs a sprinkler system installed. Rents are slightly below market rate. Property is in excellent condition with recent renovations, updated utility systems, and beautiful landscaping. Ideally located less than 1/2 mile to Bath’s historic district and within walking distance to shopping centers. Just a 10 minute drive to Brunswick, 25 minutes to Popham Beach, and 35 minutes to Portland.

Attachments & Media

Additional Details

Nearest MSA: Portland-South Portland
County: Sagadahoc
Tax ID/APN: 23020_28-152-000
Zoning: R1
Percent Occupied: 100%
Total Number of Buildings: 1
Number of Stories: 2
Year Built: 1982
Year Renovated: 2015
Total Parking Spaces: 6
Heat Type: Propane, Oil
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 4,489 11,806 19,121
Median Age: 38.55 42.17 43.38
Households: 2,057 5,402 8,371

Contact

Photograph of Listing Agent

Blake Wright

Colliers NECPE Member
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