Four-unit building offering a minimum 10% cap rate. One 1 br, Three 2br units. This well-maintained property boasts four units. Priced right to ensure steady cash flow for investors and owner-occupied. Nestled in a desirable location, tenants enjoy easy access to amenities, schools, and transportation, enhancing rental demand. The property's prime location also positions it for potential value appreciation, adding to its investment appeal. Whether you're a seasoned investor or new to real estate, this easy-to-maintain building has new heat pumps, two remodeled apartments, and a fresh exterior paint job. 107 State St presents an excellent opportunity to secure a high-performing asset without much needed work upon closing. Don't miss out on this chance to elevate your investment portfolio. Schedule a viewing today!
Date | Event | Price | $/Sqft | Source |
---|---|---|---|---|
Listing Removed For Sale | $415,000 | $141 | Keller Williams - Greater Portland | |
Price Changed | $415,000 -2.35% | $141 | Keller Williams - Greater Portland | |
Listed For Sale | $425,000 | $145 | Keller Williams - Greater Portland |
Elementary School State Street School | 0.1 miles away | 04 - 05 | |
Middle School Brewer Middle School | 0.1 miles away | 06 - 08 | |
Elementary School Washington Street School Bldg | 0.3 miles away | 01 - 03 |