Freeport Village Multi Unit
Multi-Family
for Sale
| Catylist Listing ID: |
30870308 |
| Property Subtypes: |
Mid-Rise
|
| Number of Units: |
4 Units |
| Building Size (RSF): |
2,975 SF |
| Gross Building Area: |
See Agent |
| Sale Price: |
$899,000 |
| Unit Price: |
$224,750 Per Unit |
| Property Use Type: |
Investment, Vacant/Owner-User, Business |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
4/8/2024 |
Overview / Comments
|
Rare 4-family in the Freeport Village. Once a Bed and Breakfast, the cozy units are now used as traditional year-round rentals. In addition to the outstanding location and walkability, the units have a funky charm which makes for comfortable homes for the residents. The building features ample parking, a shared laundry room, front and rear porches, and two new heating systems. The largest of the units has 3 bedrooms and 2.5 bathrooms with a private front porch. Also on the first floor you'll find a spacious 1 bedroom unit with floor-to-ceiling picture windows overlooking the backyard. The second floor has a 2 bedroom 2 bathroom unit along with a studio which could be combined with another unit, or utilized as a separate office, artist's space or any other number of uses. 1 Summer Street is ideally located for short or long term tenants with convenient access to the retail outlet shops, breweries and restaurants, and coffee and chocolate shops - all the freeport village has to offer.
|
Financials
| Finance Data Year |
2024 |
| Real Estate Taxes - Annual($) |
$7,815 (Annual) |
Additional Details
| Nearest MSA: |
Portland-South Portland |
| County: |
Cumberland |
| Tax ID/APN: |
05080_009006D 000 |
| Zoning: |
VILLAGE COMMERCIAL |
| Parking Type: |
Surface |
| Laundry: |
Shared |
| Heat Type: |
Propane, Oil |
| Heat Source: |
Baseboard |
| Fuel: |
Oil, Propane |
| Water Service: |
Municipal |
| Sewer Type: |
Municipal |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
1,485 |
8,530 |
17,404 |
| Median Age: |
42.12 |
43.77 |
45.4 |
| Households: |
710 |
3,536 |
7,219 |
|
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The information presented herein is provided as is, without warranty of any kind.
Neither New England Commercial Property Exchange nor
Moody's assume any liability for errors or omissions.
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