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.

Attachments & Media


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

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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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