56 Cutts Street, Biddeford
Multi-Family
for Sale
| Catylist Listing ID: |
30872104 |
| Number of Units: |
5 Units |
| Building Size (RSF): |
4,551 SF |
| Gross Building Area: |
See Agent |
| Gross Land Area: |
0.18 Acres
|
| Sale Price: |
$775,000 |
| Unit Price: |
$155,000 Per Unit |
| Property Use Type: |
Investment |
| Sale Terms: |
Undisclosed |
| Cap Rate: |
Undisclosed |
| Last Updated: |
7/10/2024 |
Overview / Comments
|
We are pleased to offer this professionally managed 5-unit apartment building for sale. Located at 56 Cutts Street in Biddeford, the building offers many recent upgrades including a newer roof, replacement siding and windows, updated electric, and paved off-street parking. The property offers significant upside by increasing under market rents.
|
Additional Details
| Nearest MSA: |
Portland-South Portland |
| County: |
York |
| Tax ID/APN: |
31050_37-60 |
| Zoning: |
MSRD2 |
| Heat Type: |
Natural Gas |
| Heat Source: |
Other |
| Water Service: |
Municipal |
| Sewer Type: |
Municipal |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
17,090 |
33,070 |
48,519 |
| Median Age: |
37.85 |
40.87 |
41.05 |
| Households: |
7,564 |
14,235 |
20,650 |
|
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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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