- Rare opportunity to purchase an attractive brick 12-unit building on Munjoy Hill- Exempt from City of Portland Rental Control Ordinance- Multi-Family building comprised of 12 units totaling 8,073+/- SF- Efficient layout, all units with one-bedroom and two means of entrance/egress on 3-stories- Exceptional opportunity to reposition subsidized units to ''market'' at a cost-basis far below replacement cost.- Professionally managed building protected by code-compliant, centrally monitored alarm system- Munjoy Hill location walkable to Eastern Promenade, Old Port, Downtown Business District District and Portland Foreside.- Sale Price: $2,700,000
Listing courtesy of Porta & Company.
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