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Offered at $10,650,000Active
beds
—
baths
0
sq ft
48,516
Built
1983

277 Little Falls Road

Hollis, ME 04042

About this home

The 6-property, 12-building, 63-unit multifamily portfolio comprises (2) one-bedroom (60) twobedroom, and (1) three-bedroom townhouse-style units, featuring a well balanced mix of layouts designed to meet a broad range of renter needs in Southern Maine. Highly uniform townhouse design reduces operational complexity (standardized finishes, mechanicals, and unit layouts). *Current management willing to stay on Attractive basis in a supply-constrained York County rental market with solid household incomes and limited competing rental stock 85% to 90% of the units have been rehabbed with new kitchens, flooring, paint, carpeting, etc., while all the properties feature newer metal roofs (2022) and pavement among other CapEx items.

Listing last checked: Listing updated:

Listed by Listing Agent · The Boulos Company · MLS #1659533

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Details at a glance

Interior2 property facts
Heating
Oil, Propane
Flooring
Carpet, Laminate, Vinyl
Building3 property facts
Style
Multi Family
Year built
1983
Roof
Metal
Land & utilities4 property facts
Lot size
164.95 acres
Water
Private
Sewer
Private Sewer
Zoning
RR3

Location

Estimated monthly cost

Explore costs at the $10,650,000 asking price. Adjust the assumptions to your situation.

Known monthly costs$53,852 / monthAdjust
Principal & interest
$53,852
Property tax
Not entered
Insurance
Not entered
HOA
Not entered

Annual property taxes were not supplied. HOA amount was not supplied.

Partial estimate: add property tax, insurance, monthly HOA to include those costs. Blank amounts are unknown.

The initial 6.5% rate is illustrative, not a current rate or lender quote. Excludes utilities, maintenance, closing costs and mortgage insurance, which may apply with a down payment below 20%. Taxes and insurance can change.

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About 277 Little Falls Road

Can I request a private showing?

Request a tour of 277 Little Falls Road and a Bean Group agent will help coordinate an available time with the listing side.

Can you help me evaluate this property?

Yes. We can discuss condition, comparable sales, offer strategy and the questions worth asking before you decide whether to proceed.

Are property documents available?

Availability varies by property and source. Request the documents you need and we will help obtain what is available.