2 Town Landing Rd | Falmouth, ME 04105
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- LoopNet Team
2 Town Landing Rd
Falmouth, ME 04105
Multifamily Property For Sale · 1 Unit
Investment Highlights
- 2 Unit property - During the summer months the main house generates $45,000 PER MONTH and corporate rentals of $9,000 Oct-May.
- All told, an astute investor can expect $193,000 MINIMIM NOI or an 8.24% Cap rate for a price of $2.35MM.
- The In-law apartment which generates $12,000 per month in the summer seasons and $3,500 per month Oct-May as corporate rentals!
PROPERTY FACTS
| No. Units | 1 | Building Size | 6,200 SF |
| Property Type | Multifamily | No. Stories | 3 |
| Property Subtype | Apartment | Year Built/Renovated | 1800/2022 |
| Lot Size | 0.53 AC | Parking Ratio | 1.29/1,000 SF |
| No. Units | 1 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Lot Size | 0.53 AC |
| Building Size | 6,200 SF |
| No. Stories | 3 |
| Year Built/Renovated | 1800/2022 |
| Parking Ratio | 1.29/1,000 SF |
Unit Amenities
- Balcony
- Bay Window
- Deck
- Den
- Handrails
- Mother-in-law Unit
- Mud Room
- Porch
- Recreation Room
Site Amenities
- Courtyard
- Fenced Lot
- Picnic Area
- Pool
- Storage Space
- Sundeck
zoning
| Zoning Code | RA WV |
| RA WV |
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