29 Pleasant Ave
Multi-Family
for Sale
Sale Pending
Catylist Listing ID: |
30839460 |
Property Subtypes: |
Mid-Rise
|
Status: |
Pending |
Number of Units: |
8 Units |
Building Size (RSF): |
7,280 SF |
Gross Building Area: |
10,103 SF |
Gross Land Area: |
0.35 Acres
|
Sale Price: |
$1,100,000 |
Unit Price: |
$137,500 Per Unit |
Property Use Type: |
Investment, Business |
Sale Terms: |
Cash to Seller |
Cap Rate: |
Undisclosed |
Last Updated: |
5/3/2023 |
Overview / Comments
Rare 8-unit investment opportunity in Deering neighborhood. Tenants love the spacious apartments, many of which have had various cosmetic updates in recent years. There's ample parking with driveways on either side of the building, plus a large attached barn which could provide additional income as storage or shop space! Professionally managed and operated, this'll be a great addition to your investment portfolio.
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Financials
Finance Data Year |
2023 |
Real Estate Taxes - Annual($) |
$14,609 (Annual) |
Additional Details
Nearest MSA: |
Portland-South Portland |
County: |
Cumberland |
Tax ID/APN: |
05170_130 I005 |
Zoning: |
R5 |
Total Number of Buildings: |
1 |
Year Built: |
1900 |
Construction/Siding: |
Vinyl Siding |
Parking Type: |
Surface |
Parking Description: |
Driveway on both sides of the building. |
Heat Type: |
Natural Gas |
Heat Source: |
Baseboard |
Fuel: |
Gas |
Zoning Description: |
R5 |
Water Service: |
Municipal |
Sewer Type: |
Municipal |
Demographic Statistics
Proximity: |
1 mile |
3 miles |
5 miles |
Total Population: |
15,734 |
81,945 |
124,185 |
Median Age: |
38.68 |
37.48 |
39.11 |
Households: |
7,390 |
37,941 |
55,284 |
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