3 Multi-Family Buildings in Heart of Boothbay Harbor
Multi-Family
for Sale
Sale Pending/Contingent
Catylist Listing ID: |
30855254 |
Property Subtypes: |
Duplex/Fourplex
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Status: |
Pending/Contingent |
Number of Units: |
12 Units |
Building Size (RSF): |
6,895 SF |
Gross Building Area: |
See Agent |
Sale Price: |
$1,599,000 |
Unit Price: |
$133,250 Per Unit |
Property Use Type: |
Investment, Business |
Sale Terms: |
Undisclosed |
Cap Rate: |
Undisclosed |
Last Updated: |
7/26/2024 |
Overview / Comments
Don't miss this rare opportunity to own three multi-family buildings (38 Townsend Ave, 40 Townsend Ave & 5 McClintock St) in the heart of Boothbay Harbor! Whether you're a seasoned investor or looking to start your real estate journey, this is your chance to secure a valuable piece of the Boothbay Harbor market. Nestled in the heart of picturesque Boothbay Harbor, these three separate buildings totaling 11/12 rental units. Currently being rented as self-managed Airbnb units. The property has an established rental history with excellent occupancy rates with the possibility for rent increases and value appreciation. Rent all units or live in one while earning income from the others and enjoy stunning coastal views and outdoor recreation right at your doorstep!
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Financials
Finance Data Year |
2023 |
Real Estate Taxes - Annual($) |
$9,979 (Annual) |
Additional Details
Nearest MSA: |
Lewiston-Auburn |
County: |
Lincoln |
Tax ID/APN: |
OOH-000019-000000-000147/BOOH-000019-000000-000149 |
Zoning: |
DOWNTOWN BUSINESS |
Site Description: |
Downtown Boothbay Harbor |
Total Number of Buildings: |
3 |
Property Condition: |
Average |
Number of Stories: |
3 |
Year Built: |
1700 |
Year Renovated: |
2022 |
Construction/Siding: |
Vinyl Siding |
Parking Type: |
Surface |
Parking Description: |
Each unit has a parking space. |
Total Parking Spaces: |
12 |
Heat Type: |
Electricity, Propane, Oil |
Heat Source: |
Baseboard, Wall Units, Heat Pump |
Fuel: |
Oil, Electric, Propane |
Air Conditioning: |
Other |
Water Service: |
Municipal |
Sewer Type: |
Municipal |
Demographic Statistics
Proximity: |
1 mile |
3 miles |
5 miles |
Total Population: |
1,235 |
4,623 |
7,501 |
Median Age: |
55.8 |
54.52 |
53.84 |
Households: |
620 |
2,226 |
3,533 |
© Copyright 2024 Moody's. All Rights Reserved.
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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