Multifamily Portfolio / For Sale

Multi-Family for Sale
Sale Pending
Catylist Listing ID: 30819254
Property Subtypes: Low-Rise/Garden, Mixed Use
Status: Pending
Number of Units: 23 Units
Building Size (RSF): 21,634 SF
Gross Building Area: See Agent
Gross Land Area: 0.45 Acres
Sale Price: $2,645,000
Unit Price: $115,000 Per Unit
Property Use Type: Investment
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 11/9/2022

Overview / Comments


•Three multifamily buildings with a total of 23 units
•Located in thriving downtown Biddeford near the redeveloped Pepperell Mill
•80 Birch Street has a street level retail unit with a new 10-year lease renewal
•Little to no vacancies across all three buildings
•See Broker for details on selling buildings individually

SALE PRICE: $2,645,000 | NOI: $163,740 | CAP RATE: 6.19%

*Group showings on Wednesday, October 5th at 1pm. Schedule with Broker.

Additional Details

Nearest MSA: Portland-South Portland
County: York
Tax ID/APN: 31050_37-47
Zoning: B1 & MSRD2
Total Number of Buildings: 3
Year Built: 1900
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 14,017 35,108 48,519
Median Age: 38.26 41.08 41.05
Households: 6,289 15,102 20,650


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