$ 2,999,999
-
$2,999,999
Price -
0
Bed -
16
Bath -
11,478
SqFt
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About the Listing 1898 - 021004
A rare opportunity to acquire a 16-unit multifamily property in Scarborough, ideally positioned in the Dunstan Corner neighborhood near the Saco border with convenient access to area amenities, the Maine Turnpike, and downtown Portland. The location offers strong rental appeal within the highly desirable Greater Portland market. The property consists of four buildings, each containing four units, for a total of 16 apartments. The unit mix includes fifteen 2-bedroom, 1-bath units and one 1-bedroom, 1-bath unit--an attractive configuration that supports consistent tenant demand. All units are currently occupied, providing immediate income with minimal vacancy exposure. The asset has undergone substantial renovations in recent years, resulting in modernized interiors, updated major systems, and improved long-term durability. New heat pumps have been installed in all units, enhancing energy efficiency and tenant comfort. Additional income is generated through on-site coin-operated laundry, and each unit benefits from two dedicated parking spaces plus overflow parking for guests. With strong in-place occupancy, recent capital improvements, and a strategic location in one of Southern Maine's most sought-after communities, this offering presents a compelling opportunity for investors seeking stable cash flow and long-term appreciation.
Listing Highlights
Status
Active
Days on Site
100
Property Type
Multi-Family
MLS ®
1653187
Year Built
1945
Total Square Footage
11,478
Lot/Acreage
9
County
Cumberland
HOA Dues
1100/Annually
Interior Details
- Bedrooms: 0
- Bathrooms: 16 Full
- Appliances:
- Air Cond:
- Heating: Hot Water,Heat Pump
- Fireplaces:
- Floor: Carpet
- Above Ground Sq Ft: 11478
- Below Ground Sq Ft: 0
- Basement: Not Applicable
- Other: 1st Floor Bedroom,One-Floor Living
- Water: Public
Exterior Details
- Lot Description: Rolling/Sloping,Open,Level,Wooded,Near Shopping,Near Turnpike/Interstate
- Garage Capacity: N/A
- Zoning: RF
- Roof: Metal
- Others:
- Sewer: Private Sewer
- Parking Features: 21+ Spaces,Gravel,Common,Off Street
Financial Details
- Tax Amount: $21,543
- Taxes w/Assessments: N/A
- Tax/Property ID: SCAR-000045R-000000-000101
- Tax Year: 2025
Payment Calculator
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Questions About..
90 Broadturn Rd Unit 1 Scarborough, ME 04074
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