18 Unit - Residential Investment Opportunity

Multi-Family for Sale
Sale Pending/Contingent
Catylist Listing ID: 30843181
Property Subtypes: Low-Rise/Garden
Status: Pending/Contingent
Number of Units: 18 Units
Building Size (RSF): 13,233 SF
Gross Building Area: See Agent
Sale Price: $2,250,000
Unit Price: $125,000 Per Unit
Property Use Type: Investment
Sale Terms: Cash to Seller, Purchase Money Mortgage
Cap Rate: Undisclosed
Last Updated: 6/6/2023

Overview / Comments

Investment Ownership Opportunity! Whether you are looking to expand your multi-family portfolio or looking for starting out your investment portfolio, this is a fantastic property to consider! The buildings have been kept in immaculate condition. 18 residential units with excellent rental history. The property is set on a quiet side road in beautiful Springvale nearby local restaurants, library, parks, shops and other amenities. Not far from Mousam Way Hiking and Biking. The parking is off street in a large paved parking lot on the parcel with close access to entrances of both buildings. The apartment floor plans are set up extremely well for comfortable living. This is not a property you will want to miss, call to schedule a showing today! Viewing opportunity Tuesday, May 30, 2023 from 2PM to 5PM. Appointment required. Please have your agent contact us directly to schedule. If you are not working with an agent you can contact us directly to schedule.

Additional Details

Nearest MSA: Portland-South Portland
County: York
Tax ID/APN: 31230_L15-10
Zoning: UB
Property Located Between: Bradeen St & Grove St
Airports: Sanford Regional Airport
Total Number of Buildings: 2
Number of Stories: 2
Year Built: 1967
Roof Type: Gable
Construction/Siding: Vinyl Siding
Exterior Description: Stucco, Brick, Vinyl Siding
Parking Type: Surface
Heat Type: Oil, Hot Water
Heat Source: Baseboard
Fuel: Oil
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 992 15,352 23,384
Median Age: 45.07 40.05 40.72
Households: 477 6,250 9,468


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