Rooming House and 3 Unit

Multi-Family for Sale
Catylist Listing ID: 30646860
Property Subtypes: Low-Rise/Garden
Number of Units: 18 Units
Building Size (RSF): 8,049 SF
Gross Land Area: 0.32 Acres
Sale Price: $595,000
Unit Price: $33,055.56 Per Unit
In Opportunity Zone? Yes
Property Use Type: Investment
Sale Terms: Cash to Seller
Cap Rate: 10.5%
Last Updated: 9/14/2020

Overview / Comments

Large brick rooming house situated on a large corner lot offers 15 rooms on 3 floors also with attached 3 unit with 2 bedrooms in each unit. This is a rare offering to purchase an incredible building with character and charm that is very profitable with substantial upside in rental revenue. 15 rooms rented at $115 week 3-2 bedrooms rented at $750.00 month

Attachments & Media

Financials

Finance Data Year 2020
Real Estate Taxes - Annual($) $6,222 (Annual)

Additional Details

Nearest MSA: Lewiston-Auburn
County: Androscoggin
Tax ID/APN: 194-334
Zoning: NCB
Percent Occupied: 100%
Total Number of Buildings: 1
Property Condition: Good
Number of Stories: 3
Year Built: 1881
Construction/Siding: Brick
Parking Type: Surface
Heat Type: 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: 17,049 48,051 59,530
Median Age: 31.48 36.79 38.35
Households: 7,316 20,392 25,186

Contact

Photograph of Listing Agent

Kevin Fletcher, CCIM

KW Commercial NECPE Member
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