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

3-BUILDING MULTIFAMILY PORTFOLIO

•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

View FullscreenMap

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

Contact

© Copyright 2001-2022 Catylist. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither New England Commercial Property Exchange nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.