5-Unit - Ferry Village + Potential Building Lot
Multi-Family
for Sale
| Catylist Listing ID: |
30877130 |
| Property Subtypes: |
Low-Rise/Garden
|
| Number of Units: |
5 Units |
| Building Size (RSF): |
5,246 SF |
| Gross Building Area: |
See Agent |
| Gross Land Area: |
0.37 Acres
|
| Sale Price: |
$1,195,000 |
| Unit Price: |
$239,000 Per Unit |
| Property Use Type: |
Investment |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
9/10/2024 |
Overview / Comments
Amazing historic 5 unit apartment building in desirable Ferry Village. Sale includes an additional potential building lot. Units are spacious and updated, yet full of upside potential; increase rents for even better cash flow, sell off or develop additional lot of record, possible condo conversion. Well landscaped parcel with ample paved parking. Separate forced hot water natural gas heating systems and separately metered electric services. Fantastic location with views of Portland harbor and steps to beach and dramatic views of the Portland skyline. Seller welcomes concessions to Buyer as part of an offer.
Seller requests that any and all offers be submitted by 11:00AM Friday September 13, with a response time of no sooner than 24 hours.
|
Additional Details
| Nearest MSA: |
Portland-South Portland |
| County: |
Cumberland |
| Tax ID/APN: |
SPOR-000008-000000-000047 |
| Zoning: |
G |
| Year Built: |
1900 |
| Construction/Siding: |
Vinyl Siding |
| Laundry: |
Shared |
| Heat Type: |
Natural Gas, Hot Water |
| Heat Source: |
Baseboard |
| Fuel: |
Gas |
| Water Service: |
Municipal |
| Sewer Type: |
Municipal |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
12,238 |
67,703 |
108,862 |
| Median Age: |
39.42 |
38.27 |
39.08 |
| Households: |
6,550 |
32,070 |
49,084 |
|
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