Listing

90 Broadturn Rd #1

Multi-FamilyInvestment

90 Broadturn Rd #1, Scarborough, ME 04074

6 photos

Multi-Family 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: Aug 3, 2026
Days on Market: 98
Owner Financing Available: No
1031 Exchange: No
Land Lease: No
Sale Investment: YES
Sale Total Expenses: $21,542
Owner Occupied: No
Tax Amount: $21,542
Tax Year: 2025
Last Verified: Sep 28, 2026
Agent Ownership Interest: No

Showing Instructions

See Notes

New Price: Rare 16-unit Multifamily

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.