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