$225,000
MLS#: 1652668
- Type: Multi-family
- Lot Size: 0.12 Acres
- Year Built: 1923
- Square Feet: 3,564
Property Details
Fully occupied 4-unit multifamily offering spacious layouts and exceptional in-place returns. The property features three large three-bedroom units and one one-bedroom unit, providing a highly desirable unit mix with broad tenant appeal. Currently producing a 13% cap rate, the asset delivers immediate, stable cash flow with additional upside potential through future rent growth and operational efficiencies. A rare opportunity to acquire a high-yield, fully occupied property with strong long-term investment fundamentals.
Property Listed by: Elevate Maine Realty
Home Features
Below Grade Finished Area ±:
0
Above Grade Finished Area ±:
3564
Land Features
Electric:
Circuit Breakers
Map (approximate)