Multi-Family / For Sale

Multi-Family for Sale
Catylist Listing ID: 30798433
Property Subtypes: Mixed Use, Other
Number of Units: 8 Units
Building Size (RSF): 14,485 SF
Gross Building Area: See Agent
Gross Land Area: 0.51 Acres
Sale Price: $3,750,000
Unit Price: $468,750 Per Unit
Property Use Type: Investment
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 5/2/2022

Overview / Comments

HISTORIC MULTI-FAMILY

8-unit multi family, Italianate style, in the historic West End district on a 0.513+/- AC corner lot

Includes a value-add opportunity with an under utilized carriage house

Off-street parking

Much of the original charm has been beautifully maintained, such as the wood floors, stained glass, original wood work, coffered ceilings, multiple chandeliers and ornate fireplaces

*Open House Saturday 4/23 11am-12:30pm AND Tuesday 4/26 12pm-1:30pm.

Additional Details

Nearest MSA: Portland-South Portland
County: Cumberland
Tax ID/APN: 05170_062 D001
Zoning: R4
Highway Access: I-295 and I-95
Total Number of Buildings: 2
Year Built: 1867
Construction/Siding: Wood Frame
Heat Type: Natural Gas
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 21,006 74,624 120,009
Median Age: 34.91 37.38 39.35
Households: 11,137 34,694 53,897

Contact

Photograph of Listing Agent

Peter A. Harrington

Malone Commercial Brokers NECPE Member
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