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53 Tyng Street
Portland, ME 04102
Asking Price
Contact for price
Asset Type
Multifamily
Class
Class B
What's Special
4 Units <ul><li>Outstanding West End opportunity. Set on a quiet side street, this four-unit apartment building offers a mix of two 2-bedroom units and two 1-bedroom units</li><li>New roof and exterior paint in 2025. Current owner has also replaced decks and separated heating systems</li><li>Units have classic Portland charm with hardwood floors and clawfoot tubs</li><li>Single lane driveway to accommodate 2-3 vehicles and nice rear yard area</li><li>Good walkability to Harbor View Park, Commercial
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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547
