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80 Wilson St 7 Unit Apartment Building $1,575,000 ($225,000/Unit) 9.07% Cap Rate Portland, ME 04101
Investment Highlights
- Easy to rent- high rate of return
- upside potential
- Excellant location
Executive Summary
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.
Financial Summary (Actual - 2026) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
$99,999
|
$9.99
|
| Vacancy Loss |
$99,999
|
$9.99
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2026) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Vacancy Loss | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
| Price | $1,575,000 | Apartment Style | Low-Rise |
| Price Per Unit | $225,000 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.09 AC |
| Cap Rate | 9.07% | Building Size | 7,527 SF |
| Gross Rent Multiplier | 9.1 | Average Occupancy | 100% |
| No. Units | 7 | No. Stories | 3 |
| Property Type | Multifamily | Year Built | 1920 |
| Property Subtype | Apartment | ||
| Zoning | RN-4 | ||
| Price | $1,575,000 |
| Price Per Unit | $225,000 |
| Sale Type | Investment |
| Cap Rate | 9.07% |
| Gross Rent Multiplier | 9.1 |
| No. Units | 7 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.09 AC |
| Building Size | 7,527 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built | 1920 |
| Zoning | RN-4 |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 6 | - | - |
| 2+1 | 1 | - | - |
1 1
Moderately walkable
70/100
Moderately drivable
70/100
Limited public transit
30/100
Very bikeable
80/100
Property Taxes
| Parcel Number | PTLD-000016-000000-C003001 | Total Assessment | $1,431,200 (2025) |
| Land Assessment | $316,900 (2025) | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $1,114,300 (2025) | Tax Year | 2026 |
Property Taxes
Parcel Number
PTLD-000016-000000-C003001
Land Assessment
$316,900 (2025)
Improvements Assessment
$1,114,300 (2025)
Total Assessment
$1,431,200 (2025)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2026
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Contact the Sale Advisor
80 Wilson St