Multi-Family / For Sale

Multi-Family for Sale
Catylist Listing ID: 30740848
Property Subtypes: Duplex/Fourplex, Other
Number of Units: 8 Units
Building Size (RSF): 12,162 SF
Gross Building Area: See Agent
Gross Land Area: 0.19 Acres
Sale Price: $1,595,000
Unit Price: $199,375 Per Unit
Property Use Type: Investment, Vacant/Owner-User
Usable Size (USF): 12,162 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 7/8/2021

Overview / Comments


Two separate buildings, a traditional six-unit and a duplex with a shared driveway and parking lot

Residents enjoy off-street parking

100% occupancy

Desirable neighborhood location and within walking distance to Back Cove

$1,595,000 | NOI $104,207

Property Tours 6/23 & 6/24 from 9-12PM
Offers accepted thru 6/30/21
Seller will respond 7/2/21

Additional Details

Nearest MSA: Portland-South Portland
County: Cumberland
Tax ID/APN: 05170_123 F025
Zoning: R3
Percent Occupied: 100%
Highway Access: 295
Airports: Portland International Jetport
Total Number of Buildings: 2
Property Condition: Good
Number of Stories: 3
Year Built: 1930
Roof Type: Flat
Construction/Siding: Wood Frame
Parking Type: Surface
Parking Description: Off-street parking area
Heat Type: Natural Gas, Hot Water
Heat Source: Other
Zoning Description: R3
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 15,933 81,876 126,163
Median Age: 36.98 37.55 39.22
Households: 7,490 37,857 56,120


Photograph of Listing Agent

Peter A. Harrington

Malone Commercial Brokers NECPE Member
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