South Portland 4 unit
Multi-Family
for Sale
Sale Pending/Contingent
Catylist Listing ID: |
30872953 |
Property Subtypes: |
Duplex/Fourplex
|
Status: |
Pending/Contingent |
Number of Units: |
4 Units |
Building Size (RSF): |
2,420 SF |
Gross Building Area: |
3,474 SF |
Gross Land Area: |
0.15 Acres
|
Sale Price: |
$1,035,000 |
Unit Price: |
$258,750 Per Unit |
Property Use Type: |
Investment |
Sale Terms: |
Cash to Seller |
Cap Rate: |
Undisclosed |
Average Occupancy Rate: |
100 |
Vacation Rental Income: |
Yes |
Last Updated: |
8/25/2024 |
Overview / Comments
Fantastic 4 unit with 1- two bedroom unit and 3 one bedroom units all with private entrances. Solid airbnb history as well as rental history. Separate utilities, laundry room and ample parking plus yard. All major systems upgraded in 2013 including roof, full electrical, rinnai heaters, etc. Current owner has renovated the kitchens and a few baths-taken immaculate care of property. This is a very nice building with a second floor two bedroom owners unit furnished and offering expansive bay and Portland skyline views from both the unit and the private deck.
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Financials
Finance Data Year |
2024 |
Real Estate Taxes - Annual($) |
$7,884 (Annual) |
Additional Details
Nearest MSA: |
Portland-South Portland |
County: |
Cumberland |
Tax ID/APN: |
SPOR-000014-000000-000041 |
Zoning: |
RESIDENTIAL DISTRICT G |
Percent Occupied: |
100% |
Property Condition: |
Excellent |
Number of Stories: |
2 |
Year Built: |
1930 |
Year Renovated: |
2013 |
Parking Type: |
Surface |
Total Parking Spaces: |
6 |
Laundry: |
Shared |
Heat Type: |
Natural Gas |
Lot Frontage: |
180 |
Water Service: |
Municipal |
Sewer Type: |
Municipal |
Demographic Statistics
Proximity: |
1 mile |
3 miles |
5 miles |
Total Population: |
13,952 |
68,001 |
110,448 |
Median Age: |
40.66 |
38.48 |
39.32 |
Households: |
6,843 |
31,997 |
49,619 |
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The information presented herein is provided as is, without warranty of any kind.
Neither New England Commercial Property Exchange nor
Moody's assume any liability for errors or omissions.
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