9-Unit Multifamily Property | 14 Cedar St
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9-Unit Multifamily Property 14 Cedar St
9 Unit Apartment Building $650,000 ($72,222/Unit) Skowhegan, ME 04976
Executive Summary
We are pleased to present the sale of 14 Cedar Street, a 9-unit multi-family investment property located in Skowhegan, Maine. Its proximity to services and shopping is attractive to tenants working in one of central Maine’s larger hubs. The building consists of six one-bedroom units and three two-bedroom units. Three (3) story building with a metal roof and vinyl siding. Area employers include New Balance (slated to add 200 jobs at its Skowhegan facility), SAPPI and other national retailers. Skowhegan is designated as a primary service center by the State of Maine (increased eligibility for state funding).
Property Facts
| Price | $650,000 | Apartment Style | Low Rise |
| Price Per Unit | $72,222 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.25 AC |
| No. Units | 9 | Building Size | 9,438 SF |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 1900 |
| Price | $650,000 |
| Price Per Unit | $72,222 |
| Sale Type | Investment |
| No. Units | 9 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | C |
| Lot Size | 0.25 AC |
| Building Size | 9,438 SF |
| No. Stories | 2 |
| Year Built | 1900 |
Unit Amenities
- Heating
- Kitchen
- Refrigerator
- Oven
- Tub/Shower
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 6 | - | - |
| 2+1 | 3 | - | - |
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PROPERTY TAXES
| Parcel Number | SKOW-000026-000000-000027 | Improvements Assessment | $153,300 |
| Land Assessment | $54,600 | Total Assessment | $207,900 |
PROPERTY TAXES
Parcel Number
SKOW-000026-000000-000027
Land Assessment
$54,600
Improvements Assessment
$153,300
Total Assessment
$207,900
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Nick Lucas -
Roy Donnelly -
The Boulos Company
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9-Unit Multifamily Property | 14 Cedar St
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