Munjoy Hill Multi-Unit
Multi-Family
for Sale
| Catylist Listing ID: |
30271110 |
| Property Subtypes: |
Duplex/Fourplex, Mid-Rise, Mixed Use, Other
|
| Number of Units: |
6 Units |
| Building Size (RSF): |
7,168 SF |
| Gross Building Area: |
See Agent |
| Sale Price: |
$1,200,000 |
| Unit Price: |
$200,000 Per Unit |
| Property Use Type: |
Investment, Vacant/Owner-User |
| Sale Terms: |
Cash to Seller, Sale/Leaseback, Other |
| Cap Rate: |
Undisclosed |
| Last Updated: |
1/27/2021 |
Overview / Comments
|
Great opportunity to invest in Portland's popular East End. This 6 unit multi-family has off-street parking and is just steps to neighborhood shopping, restaurants, Tennis/Basketball Courts, parks, trails, and the East End Beach. The nature of this project is completely up to you, renovate the existing units, convert to condo's, demo and build new or do nothing and rent the units as they are. Market rents are $1,500-$1,800 per month.
|
Additional Details
| Nearest MSA: |
Portland-South Portland |
| County: |
Cumberland |
| Tax ID/APN: |
455164700 |
| Zoning: |
R-6 |
| Restaurant(s), Jogging Paths, Play Ground |
| Area Description: |
This is your chance to own in Portland's highly sought after East End. Just up the road from the water/beach, trails, athletic courts, etc. |
| Total Number of Buildings: |
1 |
| Number of Stories: |
3 |
| Year Built: |
1920 |
| Construction/Siding: |
Vinyl Siding |
| Heat Type: |
Oil |
| Heat Source: |
Baseboard, Radiant |
| Fuel: |
Oil |
| Interior Description: |
Two units are currently occupied and the others have beginning stages of demo. |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
12,012 |
72,995 |
114,596 |
| Median Age: |
33.67 |
37.87 |
39.33 |
| Households: |
5,851 |
34,366 |
51,266 |
|
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