80 Wilson St - Apartments FOR SALE


Portland, ME 04101- East End
$1,575,000 USD
207-491-1660
80 Wilson St, Portland, ME for Sale
$1,575,000 USD
Apartments - FOR SALE
1/20
null | 9.07% Cap Rate

80 Wilson St
Portland, ME 04101
East End


HIGHLIGHTS

  • Easy to rent- high rate of return
  • Excellant location
  • upside potential

OVERVIEW

7 unit building on Munjoy Hill, Portland on the corner of Wilson and Atlantic Streets. 6-1 bedroom units and 1- 2 bedroom unit. Two driveways, yard space, coin op washer and dryers. Views over Portland headlight from 3rd floor two bedroom unit. Rents are at market so rent control has less direct impact on this investment. Owner reports this is his easiest building to keep 100% occupied and has not experienced any vacancy during his five plus years, speaks volumes to the desirability of the location.

FOR SALE DETAILS

PRICE

$1,575,000 USD

PRICE/SF

$209 USD /SF

# OF UNITS

7

PRICE/UNIT

$225,000

CAP RATE

9.07%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1920

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.09 AC

LAND SF

3,951 SF

ZONING

RN-4

APN/PARCEL ID

PTLD-000016-000000-C003001

ASK ABOUT THIS PROPERTY

John GrahamJohn Graham Real EstateMore Info
207-491-1660

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John GrahamJohn Graham Real EstateMore Info
207-491-1660

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.