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779 Congress St
Portland, ME 04102
Multifamily Property For Sale
·
10 Units


EXECUTIVE SUMMARY
Nice 10 unit apartment building located on beautiful Congress Street that is walking distance to Maine Health and all amenities that the city has to offer! This investment property is fully leased offering (8) 1 bedrooms units, (2) 2 bedroom units w/ (6) parking spaces out back. Please call for more info!
PROPERTY FACTS
| Price Per Unit | $169,900 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.15 AC |
| Cap Rate | 7.51% | Building Size | 6,647 SF |
| No. Units | 10 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 3 |
| Property Subtype | Apartment | Year Built | 1910 |
| Apartment Style | Low-Rise | Parking Ratio | 0.3/1,000 SF |
| Zoning | B2B | ||
| Price Per Unit | $169,900 |
| Sale Type | Investment |
| Cap Rate | 7.51% |
| No. Units | 10 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.15 AC |
| Building Size | 6,647 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built | 1910 |
| Parking Ratio | 0.3/1,000 SF |
| Zoning | B2B |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 10 | - | - |
PROPERTY TAXES
| Parcel Number | PTLD-000047-000000-A015001 | Improvements Assessment | $975,400 |
| Land Assessment | $225,700 | Total Assessment | $1,201,100 |
PROPERTY TAXES
Parcel Number
PTLD-000047-000000-A015001
Land Assessment
$225,700
Improvements Assessment
$975,400
Total Assessment
$1,201,100
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