8-Unit Multi-Family Building

Multi-Family for Sale
Catylist Listing ID: 30799216
Property Subtypes: Low-Rise/Garden
Number of Units: 8 Units
Building Size (RSF): 4,966 SF
Gross Building Area: See Agent
Gross Land Area: 0.02 Acres
Sale Price: See Agent
Property Use Type: Investment
Building Name: 8-Unit Multi-Family Building
Sale Terms: Undisclosed
Cap Rate: Undisclosed
Last Updated: 5/17/2022

Overview / Comments

78 Ocean Avenue consists of an 8-unit multi-family property in Old Orchard Beach, which is six blocks from the beach.

PLEASE NOTE: This property is part of a portfolio.

The portfolio consists of four properties — two properties located in Westbrook and two properties located in Old Orchard Beach. This portfolio is being offered as one package or can be purchased separately (Westbrook package or Old Orchard Beach package). Please contact the broker for more details.

Additional Details

Nearest MSA: Portland-South Portland
County: York
Tax ID/APN: 31200-315-19-1
Zoning: R-2 - RESIDENTIAL 2 DISTRICT
Percent Occupied: 100%
Property Located Between: Ocean Ave & Central Ave
Highway Access: I-195
Airports: Portland International Jetport
Total Number of Buildings: 1
Property Condition: Good
Number of Stories: 2
Year Built: 1900
Year Renovated: 2022
Parking Type: Surface
Parking Description: One (1) dedicated parking space per unit
Total Parking Spaces: 8
Zoning Description: R-2 - Residential 2 District
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 4,987 20,423 51,692
Median Age: 47.72 45.13 42.22
Households: 2,614 9,462 22,090

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