Eastern Promenade 2-Unit

Multi-Family for Sale
Catylist Listing ID: 30873075
Property Subtypes: Mid-Rise
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: 5/29/2024

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.

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

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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

Contact

Photograph of Listing Agent

Chris Sullivan

Vitalius Real Estate Group
NECPE Member
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