Bought with Portside Real Estate Group
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Key Details
Sold Price $1,201,207
Property Type Multi-Family
Listing Status Sold
Square Footage 9,512 sqft
MLS Listing ID 1576141
Sold Date 12/12/23
Style Colonial,Cape,Multi-Level
Full Baths 11
HOA Y/N No
Abv Grd Liv Area 9,512
Originating Board Maine Listings
Year Built 1880
Annual Tax Amount $8,319
Tax Year 2022
Lot Size 3.500 Acres
Acres 3.5
Property Description
Welcome to Brookhill Apartments. This rare 11 unit complex is composed of two buildings on 3.5 acres in rural Gorham. The complex consists of two 3 BR units, four 2 BR units and five 1 BR units. Recent updates include metal roofing (2022), front porch on building 2 and exterior stairway for fire safety on, and updated heating systems in both buildings. One owner since 2002. Various updates to the units have been done over the years as vacancies have allowed, but vacancies have been rare. All units are currently rented except for one which the tenant just vacated. Ample parking, good cash flow and some longer term tenants equal great investment potential for you.
Location
State ME
County Cumberland
Zoning R
Direction From Route 237, take Dunlap Rd or Plummer Rd towards the end of Plummer Rd. Brookhill Apartments are on the right before Wescott Rd intersection.
Rooms
Basement Dirt Floor, Full, Sump Pump, Doghouse, Interior Entry, Unfinished
Interior
Heating Multi-Zones, Hot Water, Baseboard
Cooling None
Flooring Wood, Vinyl, Tile, Laminate, Carpet
Laundry Laundry - Coin
Exterior
Garage 11 - 20 Spaces, Gravel, On Site
Waterfront No
View Y/N No
Roof Type Metal
Street Surface Paved
Porch Deck
Parking Type 11 - 20 Spaces, Gravel, On Site
Garage No
Building
Lot Description Corner Lot, Level, Open Lot, Rural
Sewer Septic Existing on Site
Water Private
Architectural Style Colonial, Cape, Multi-Level
Structure Type Concrete,Asbestos,Wood Frame
Others
Energy Description Oil, Gas Bottled
Financing Cash
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Paul Rondeau
Broker Associate | License ID: BA923327
Broker Associate License ID: BA923327