10 Alder Street

Multi-Family for Sale
Catylist Listing ID: 30400374
Property Subtypes: Duplex/Fourplex
Number of Units: 2 Units
Building Size (RSF): 3,871 SF
Gross Building Area: See Agent
Sale Price: $595,000
Unit Price: $297,500 Per Unit
Property Use Type: Investment
Sale Terms: Cash to Seller
Cap Rate: 7.3%
Last Updated: 7/19/2019

Overview / Comments

- Downtown Portland two-unit multi-family building

- Newly renovated in 2018/2019

- Fully leased to one entity for 3 years

- Year-1 cap rate: 7.3%

Financials

Finance Data Year 2019
Real Estate Taxes - Annual($) $5,500 (Annual)

Additional Details

Nearest MSA: Portland-South Portland
County: Cumberland
Zoning: B3

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 27,021 78,550 111,093
Median Age: 33.7 38.07 39.15
Households: 14,009 36,466 50,070
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