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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 (CAD) Annual Per SF (CAD)
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 (CAD)
Annual $99,999
Annual Per SF $9.99
Other Income (CAD)
Annual $99,999
Annual Per SF $9.99
Vacancy Loss (CAD)
Annual $99,999
Annual Per SF $9.99
Effective Gross Income (CAD)
Annual $99,999
Annual Per SF $9.99
Taxes (CAD)
Annual $99,999
Annual Per SF $9.99
Operating Expenses (CAD)
Annual $99,999
Annual Per SF $9.99
Total Expenses (CAD)
Annual $99,999
Annual Per SF $9.99
Net Operating Income (CAD)
Annual $99,999
Annual Per SF $9.99

Property Facts

Price $2,184,415 CAD
Price Per Unit $312,059 CAD
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 - -
Moderately walkable
70/100
Moderately drivable
70/100
Limited public transit
30/100
Very bikeable
80/100

Property Taxes

Property Taxes

Parcel Number
PTLD-000016-000000-C003001
Land Assessment
$439,518 CAD (2025)
Improvements Assessment
$1,545,456 CAD (2025)
Total Assessment
$1,984,974 CAD (2025)
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2026
  • Listing ID: 41772617

  • Date on Market: 2026-08-17

  • Last Updated:

  • Address: 80 Wilson St, Portland, ME 04101

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