53 Tyng St
Multi-Family53 Tyng St, Portland, ME 04102
- Type
- Sale
- Status
- Active
- Asking Price
- $795,000
- Cap Rate
- 8.07%
- List Date
- Apr 21, 2026
- Days on Market
- 70
- Sale NOI
- $64,189
- Sale Total Expenses
- $15,179
- Sale Gross Income
- $79,368
- Tax Amount
- $9,046
- Last Verified
- Jun 8, 2026
West End Multi-Unit
Outstanding West End opportunity. Set on a quiet side street, this four-unit apartment building offers a mix of two 2-bedroom units and two 1-bedroom units. New roof and exterior paint in 2025. Current owner has also replaced decks and separated heating systems. Units have classic Portland charm with hardwood floors and clawfoot tubs. Single lane driveway to accommodate 2-3 vehicles and nice rear yard area. Good walkability to Harbor View Park, Commercial Street, the Old Port and the Arts District. With four units, buyers may be able to get a fixed 30-year residential mortgage. And owner-occupied purchasers can potentially increase rents over time to fair market value. Invest in your future!
Space Details
- Primary Use
- Multi-family
- Type
- Multi-Family
- Size
- 2,464 SF
- Acreage
- 0.09 Acres
- Occupancy Type
- Multi Tenant
- Year Built
- 1805
- Floors
- 2
- Zoning
- RN-4
- County
- Cumberland
- Submarket
- Off,PD,82
- Type
- Sale
- Status
- Active
- Asking Price
- $795,000
- Cap Rate
- 8.07%
- List Date
- Apr 21, 2026
- Days on Market
- 70
- Sale NOI
- $64,189
- Sale Total Expenses
- $15,179
- Sale Gross Income
- $79,368
- Tax Amount
- $9,046
- Last Verified
- Jun 8, 2026
West End Multi-Unit
Outstanding West End opportunity. Set on a quiet side street, this four-unit apartment building offers a mix of two 2-bedroom units and two 1-bedroom units. New roof and exterior paint in 2025. Current owner has also replaced decks and separated heating systems. Units have classic Portland charm with hardwood floors and clawfoot tubs. Single lane driveway to accommodate 2-3 vehicles and nice rear yard area. Good walkability to Harbor View Park, Commercial Street, the Old Port and the Arts District. With four units, buyers may be able to get a fixed 30-year residential mortgage. And owner-occupied purchasers can potentially increase rents over time to fair market value. Invest in your future!
Space Details
- Primary Use
- Multi-family
- Type
- Multi-Family
- Size
- 2,464 SF
- Acreage
- 0.09 Acres
- Occupancy Type
- Multi Tenant
- Year Built
- 1805
- Floors
- 2
- Zoning
- RN-4
- County
- Cumberland
- Submarket
- Off,PD,82