• 6 BA
  • 6 units
  • 4,146 sq.ft.
  • 0.33 acres
$1,230,000
  • property type Multi-Family
  • class Multi-Family
  • style New Englander
  • year built 1850
  • listing office Benchmark Real Estate
  • selling office Coldwell Banker Realty

Few locations rival Willard for desirability, walkability, bikeability and rentability and this rare 6 unit sits right in the middle. Located a short distance from everything that makes this location soooo livable, from shops and schools, playgrounds and park and of course Willard Beach, this quality multi is priced for immediate sale. The exterior is low maintenance with lots of updates, lots of parking, lots of decks and lots of light. Inside 5 of the 6 units are updated with separate utilities and 5 of 6 tenants paying all utilities (except water/waste water) Rents are well below market with plenty of room to significantly increase. As an alternative to long term rents this property and location are ideal for short term and income maximization. $70K of NOI and a 7 CAP make this a rare cash flow investment day one. ONLY showings (open to agents and buyers with no appointment needed) 10/26, 27, 30, 31 from 12-2. Offers due and reviewed 10/31 @ 3PM

  • Style New Englander
  • Year Built 1850
  • Lot Size 0.33 acres
  • SQFT Finished Above Grade 4146
  • County Cumberland
  • City South Portland
  • Zone G
  • View Trees/Woods
  • Location Near Country Club, Near Golf Course, Near Public Beach, Near Railroad, Near Shopping, Near Town, Near Turnpike/Interstate, Neighborhood, Suburban
  • Water Frontage No
  • Seasonal No
  • Full Tax Amount $11,670.00
  • Tax Year 2022
  • Association Fee $0.00
  • Total Units 6
  • Baths Total 6
  • Baths Full 6
  • Basement Full, Sump Pump, Unfinished, Walkout Access
  • Amenities 1st Floor Bedroom, Bathtub, Laundry - Hookup, One-Floor Living, Other Amenities, Pantry, Shower, Storage
  • Construction Wood Frame
  • Exterior Vinyl Siding
  • Foundation Materials Brick/Mortar, Poured Concrete, Stone
  • Basement Full, Sump Pump, Unfinished, Walkout Access
  • Roof Shingle
  • Floors Carpet, Laminate, Vinyl, Wood
  • Heat System Direct Vent Heater, Space Heater
  • Heat Fuel Electric,Gas Natural
  • Gas Natural - On Site
  • Water Heater Gas
  • Electric No
  • Water Yes
  • Waste Water Disposal Yes
  • Driveway Gravel
  • Vehicle Storage No Vehicle Storage
  • Parking 5 - 10 Spaces, Off Street, On Site, Reserved
  • Roads Paved, Public
Listed By:
Benchmark Real Estate
Sold By:
Coldwell Banker Realty