471 Cumberland, Portland, ME 04101 - $1,850,000

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14 unit apartment building in Portland's Parkside neighborhood. (10) 1 Bedrooms and (4) 2 Bedrooms. 7 out of the 14 units have been totally remodeled with granite, cabinets, bathrooms, etc. Leaving the new owner very little work to do. This recently has had updated electrical as well. All rents are under-market offering lots of upside in a location that is close to 295/95, Old Port and Maine Medical center. 6.64% Cap Rate
Price: $1,850,000
Year Built: 1900
Square Footage: 12038.00
Lot Size: 0.13
MLS: 1371925
Water Frontage: No
Taxes: $19,142.00
Sewer:
Water:
Agency: F.O. Bailey Real Estate

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