Westbrook 3-Unit with Development Potential
Multi-Family
for Sale
| Catylist Listing ID: |
30875469 |
| Property Subtypes: |
High-Rise, Mid-Rise
|
| Number of Units: |
3 Units |
| Building Size (RSF): |
3,169 SF |
| Sale Price: |
$899,000 |
| Unit Price: |
$299,666.67 Per Unit |
| Property Use Type: |
Investment |
| Building Name: |
11 New Gorham Rd |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
9/7/2024 |
Overview / Comments
|
Highly visible location for this Victorian 3 unit at the corner of Route 25, Main Street, and New Gorham Road! City Center zoning allows for many additional uses, including both commercial and the addition of up to 6 residential units.
|
Additional Details
| Nearest MSA: |
Portland-South Portland-Biddeford |
| County: |
Cumberland |
| Tax ID/APN: |
05240_ROW |
| Zoning: |
CITY CENTER DISTRICT |
| Site Description: |
property type: Apartment Retail
Parking: Off-street
HVAC: Forced Hot Water Heat |
| Total Number of Buildings: |
1 |
| Number of Stories: |
3 |
| Year Built: |
1900 |
| Construction/Siding: |
Vinyl Siding |
| Parking Type: |
Surface |
| Total Parking Spaces: |
10 |
| Laundry: |
In Each Unit |
| Heat Type: |
Oil, Hot Water |
| Lot Frontage: |
298 |
| Water Service: |
Municipal |
| Sewer Type: |
Municipal |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
7,271 |
27,194 |
88,149 |
| Median Age: |
35.72 |
39.28 |
39.1 |
| Households: |
3,161 |
11,377 |
36,343 |
|
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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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