78 South Street

Multi-Family for Sale
Catylist Listing ID: 30650588
Property Subtypes: Mid-Rise
Number of Units: 5 Units
Building Size (RSF): 3,992 SF
Gross Building Area: See Agent
Gross Land Area: 0.08 Acres
Sale Price: $425,000
Unit Price: $85,000 Per Unit
Property Use Type: Investment
Sale Terms: Other
Cap Rate: Undisclosed
Last Updated: 2/16/2021

Overview / Comments

Intown 5 unit apartment building in good condition. Walking distance to all amenities in the revitalized down town district & Amtrak. Minutes to major shopping centers,Maine turnpike entrance & area beaches. 4-two bedroom units(two of these units have an extra office/den) & 1-one bedroom unit. Most of the rents are below market rate and have room for an increase.Showings are Tuesdays & Fridays between 3:00-4:00 with a 24 HOUR NOTICE. Annual Expenses-Oil $5,600, Property Taxes $5,684, Water $708,Sewer $1,460, Insurance $2,600.


Finance Data Year 2020
Real Estate Taxes - Annual($) $5,684 (Annual)

Additional Details

Nearest MSA: Portland-South Portland
County: York
Tax ID/APN: 78SouthBiddeford04005
Zoning: MRSD2
Area Description: From the 4 way intersection of Elm & South Streets, turn on to South Street going towards down town. House will be on the left. The address is on the front porch.
Total Number of Buildings: 1
Roof Type: Flat
Construction/Siding: Vinyl Siding
Parking Type: Surface
Parking Description: 1-4 paved spaces
Total Parking Spaces: 4
Heat Type: Oil
Heat Source: Baseboard, Other
Fuel: Oil
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 14,334 33,070 51,243
Median Age: 37.19 40.87 41.35
Households: 6,454 14,235 21,778


Photograph of Listing Agent

David Trottier

Realty Sales Inc.
NECPE Member
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