Brunswick 6-Unit

Multi-Family for Sale
Sale Pending
Catylist Listing ID: 30876562
Property Subtypes: Mid-Rise
Status: Pending
Number of Units: 6 Units
Building Size (RSF): 5,016 SF
Gross Building Area: See Agent
Sale Price: $950,000
Unit Price: $158,333.33 Per Unit
Property Use Type: Investment
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/9/2024

Overview / Comments

This meticulously maintained Mid Coast 6-unit building checks all the boxes of a great investment opportunity: accessible location, generous parking, updated systems, and smart unit sizes and layouts. The property features 4 x 2-bedroom units, 1 x 1 bedroom and 1 x studios. Recent upgrades include a newer roof, updated wiring, a state-of-the-art heating system, and fully rebuilt porches. The large parking lot offers ample space for tenant vehicles. With Brunswick being one of Maine's hottest post-COVID growth and investment communities, this is an ideal addition to any portfolio.

Financials

Finance Data Year 2024
Real Estate Taxes - Annual($) $6,769 (Annual)

Additional Details

Nearest MSA: Portland-South Portland
County: Cumberland
Tax ID/APN: 05030_U15-72
Zoning: GR6
Total Number of Buildings: 1
Number of Stories: 3
Construction/Siding: Vinyl Siding
Parking Type: Surface
Parking Description: Parking lot located behind the building
Heat Type: Natural Gas
Heat Source: Baseboard
Fuel: Gas

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 8,515 17,810 30,164
Median Age: 39.6 40.99 42.96
Households: 3,599 7,404 12,623
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