Eastern Promenade 2-Unit
Multi-Family
for Sale
Catylist Listing ID: |
30873075 |
Property Subtypes: |
Mid-Rise
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Number of Units: |
2 Units |
Building Size (RSF): |
1,640 SF |
Gross Building Area: |
See Agent |
Sale Price: |
$899,000 |
Unit Price: |
$449,500 Per Unit |
Property Use Type: |
Investment |
Sale Terms: |
Cash to Seller |
Cap Rate: |
Undisclosed |
Last Updated: |
7/15/2024 |
Overview / Comments
Eastern Prom location with a Morning St address! This unassuming modern 2-unit was built in 1987 as an addition to the historic 65-69 Morning St. Today, it is being split off and sold as a separate parcel (condo). For some buyers, it is a shell in which one can create their dream urban home - add a kitchen, a master bath, large windows facing the bay, and gym in the basement. For others, it can remain a simple 2-unit with cosmetic upgrades to make a downtown pied-a-terre. Whatever the use, an owner will appreciate the simplicity of private parking, water views, and the few steps to the Eastern Prom.
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Additional Details
Nearest MSA: |
Portland-South Portland |
County: |
Cumberland |
Tax ID/APN: |
PTLD-000003-B000002-000001 |
Zoning: |
R6 |
Number of Stories: |
2 |
Year Built: |
1987 |
Construction/Siding: |
Vinyl Siding |
Parking Type: |
Other |
Total Parking Spaces: |
4 |
Heat Type: |
Natural Gas, Hot Water |
Heat Source: |
Baseboard |
Fuel: |
Gas |
Water Service: |
Municipal |
Sewer Type: |
Municipal |
Demographic Statistics
Proximity: |
1 mile |
3 miles |
5 miles |
Total Population: |
9,883 |
71,048 |
114,596 |
Median Age: |
33.48 |
38.03 |
39.33 |
Households: |
4,880 |
33,600 |
51,266 |
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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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