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779 Congress St 10 Unit Apartment Building $2,342,802 CAD ($234,280 CAD/Unit) 7.51% Cap Rate Portland, ME 04102
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 | $2,342,802 CAD | Building Class | C |
| Price Per Unit | $234,280 CAD | Lot Size | 0.15 AC |
| Sale Type | Investment | Building Size | 6,647 SF |
| Cap Rate | 7.51% | Average Occupancy | 100% |
| No. Units | 10 | No. Stories | 3 |
| Property Type | Multifamily | Year Built | 1910 |
| Property Subtype | Apartment | Parking Ratio | 0.3/1,000 SF |
| Apartment Style | Low-Rise | ||
| Zoning | B2B | ||
| Price | $2,342,802 CAD |
| Price Per Unit | $234,280 CAD |
| 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 | - | - |
1 1
Walk Score®
Walker's Paradise (91)
Bike Score®
Very Bikeable (86)
PROPERTY TAXES
| Parcel Number | PTLD-000047-000000-A015001 | Improvements Assessment | $1,350,441 CAD |
| Land Assessment | $312,482 CAD | Total Assessment | $1,662,923 CAD |
PROPERTY TAXES
Parcel Number
PTLD-000047-000000-A015001
Land Assessment
$312,482 CAD
Improvements Assessment
$1,350,441 CAD
Total Assessment
$1,662,923 CAD
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779 Congress St
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