4 Unit Fully Occupied Investment Property

Multi-Family for Sale
Sale Pending
Catylist Listing ID: 30643563
Property Subtypes: High-Rise
Status: Pending
Building Status: Proposed
Number of Units: 4 Units
Building Size (RSF): 3,536 SF
Gross Building Area: See Agent
Gross Land Area: 3 Acres
Sale Price: $359,900
Unit Price: $89,975 Per Unit
Property Use Type: Investment
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 1/7/2021

Overview / Comments

SELLER SAYS SELL!!! ATTENTION INVESTORS. Four unit rental property on 3 acres on outskirts of Sanford just off Route 202. Plenty of parking and yard area with additional parking in rear of property. Each unit has its own FHW furnace. Three units in main building and one separate single family house in rear of property. Hardwood floors and carpet. Great rental income and easily maintained building. Three leases are TAW allowing for owner occupancy if desired.

Additional Details

Nearest MSA: Portland-South Portland
County: York
Tax ID/APN: R7-1
Zoning: RR1
Percent Occupied: 100%
Highway Access: Close to Route 111 and just off Route 202
Total Number of Buildings: 2
Property Condition: Average
Number of Stories: 2
Year Built: 1888
Year Renovated: 2018
Roof Type: Arched
Construction/Siding: Vinyl Siding, Wood Siding
Parking Type: Surface
Parking Description: Large paved parking lot
Heat Type: Oil, Hot Water
Heat Source: Baseboard
Fuel: Oil
Zoning Description: RR1
Water Service: Well
Sewer Type: Septic

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,803 11,490 24,054
Median Age: 39.33 40.45 40.26
Households: 711 4,747 9,626

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