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 $2,600.
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Financials
Finance Data Year |
2020 |
Real Estate Taxes - Annual($) |
$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 |
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 |
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