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2-43 Summer St
Springvale, ME 04083

75 Apartment Conversion Project · Multifamily Property For Sale · 75 Units

PROPERTY FACTS

No. Units 75
Property Type Multifamily
Property Subtype
Apartment
  • Multifamily Apartments
Apartment Style Low Rise
Building Class C
Lot Size 19.88 AC
Building Size 63,400 SF
No. Stories 3
Year Built/Renovated 1966/2017
Parking Ratio 1.26/1,000 SF

About 2-43 Summer St , Springvale, ME 04083

This is a 75 apartment conversion project, 90 miles from Boston, consisting of 63000 sq ft 1960s modern dormitories with recent roofs. For details see www.SpringvaleSchool.com. It is a beautiful campus with woods and stream. There are approximately 238 bedrooms, 6-10 laundry rooms, 20 bathrooms, 6 large lounges, 3 boiler rooms, 80+ parking spaces, and 2 tennis courts, on 20 acres of largely wooded land. Very low holding costs until conversion. Full engineering drawings and transition assistance are available as needed. Note that the Zillow value is wrong because it is based upon the assumption that this is a home with no bedrooms!

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
SANF-000091-R000005
Land Assessment
$229,500
Improvements Assessment
$3,130,600
Total Assessment
$3,360,100

zoning

Zoning Code SFR
SFR
  • Listing ID: 3808802

  • Date on Market: 9/24/2016

  • Last Updated:

  • Address: 2-43 Summer St, Springvale, ME 04083

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