Listing

90 Broadturn Rd #1

16 Unit Multifamily

90 Broadturn Rd #1, Scarborough, ME 04074

13 photos
16 Unit Multifamily For Sale
Asking
$2,999,999
Available
11,478 SF
Listing Details
Type
Sale
Status
Active
Asking Price
$2,999,999
Price/SF
$261.37/SF
List Date
Jul 24, 2026
Days on Market
42
Financing Available
No
Sale NOI
$257,266
Sale Total Expenses
$98,198
Sale Gross Income
$355,464
Owner Occupied
No
Tax Amount
$21,543
Tax Year
2026
Agent Ownership Interest
No

A rare opportunity to acquire a 16-unit multifamily property in Scarborough, ideally positioned in the Dunstan Corner neighborhood near the Saco border with convenient access to area amenities, the Maine Turnpike, and downtown Portland. The location offers strong rental appeal within the highly desirable Greater Portland market. The property consists of four buildings, each containing four units, for a total of 16 apartments. The unit mix includes fifteen 2-bedroom, 1-bath units and one 1-bedroom, 1-bath unit—an attractive configuration that supports consistent tenant demand. All units are currently occupied, providing immediate income with minimal vacancy exposure. The asset has undergone substantial renovations in recent years, resulting in modernized interiors, updated major systems, and improved long-term durability. New heat pumps have been installed in all units, enhancing energy efficiency and tenant comfort. Additional income is generated through on-site coin-operated laundry, and each unit benefits from two dedicated parking spaces plus overflow parking for guests. With strong in-place occupancy, recent capital improvements, and a strategic location in one of Southern Maine's most sought-after communities, this offering presents a compelling opportunity for investors seeking stable cash flow and long-term appreciation.

Space Details

Available SF
11,478 SF
Primary Use
16-unit multifamily
Property Highlights
Type
Multi-Family
Size
11,478 SF
Number of Units
16
Acreage
9 Acres
Occupancy Type
Multi Tenant
Year Built
1945
Year Renovated
2025
Floors
2
Zoning
RF
County
Cumberland
Submarket
Off,PD,81
Contact
AP
Alex PirleciPrimary
Magnusson Balfour/KW Commercial a div. of Keller Williams Realty
Location