1050 Forest Avenue, Portland

Multi-Family for Sale
Catylist Listing ID: 30507295
Property Subtypes: Mixed Use
Building Status: Under Construction
Number of Units: 5 Units
Building Size (RSF): 7,172 SF
Gross Building Area: See Agent
Sale Price: $875,000
Unit Price: $175,000 Per Unit
Property Use Type: Investment
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 10/28/2019

Overview / Comments

Mixed use two building package with large paved parking area. 1050 Forest Avenue is comprised of two floors of commercial office space (1733 + square feet/ each floor) and a two bedroom apartment on the 3rd floor. 13-15 Waverly Street is a modern duplex building built in 1987. Each apartment offers 2-3 bedrooms, 1.5 baths, sunny dinning areas, private rear decks, full basements, separate utilities, etc. Excellent Forest Avenue visibility with signage

Attachments & Media

Additional Details

Nearest MSA: Portland-South Portland
County: Cumberland
Tax ID/APN: PTLD-000146-000000-B010001
Zoning: R5 &B2

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 13,628 78,351 121,402
Median Age: 38.89 37.41 39.04
Households: 6,052 36,083 53,995


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