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Adam Dow

| The Dow Group | #1 Real Estate Team in New Hampshire

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90 Broadturn Rd Unit 1 , Scarborough, ME 04074
$2,999,999
Est. Payment: $6,666.66/mo
0 Bed
0 Bath
11478 Sqft
Status: Active | Days on site: 176
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1898 - 021004
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House Description

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.

Highlights

Listed by Alexandru Pirleci , 207-239-6606 Keller Williams Realty , 207-879-9800.

Property Type

Commercial Sale

Lot/Acreage
9

HOA Fee

1100 Annually

Year Built

1945

County

Cumberland

Listing ID

1653175

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:0
  • Full Bathrooms:
Water:Public

Exterior Features

Lot:Near Turnpike/Interstate,Near Shopping
Zoning:RF
Roof:Metal
Sewer:Private Sewer
Parking Features:21+ Spaces
Principal Interest
$6,667
Taxes
$1,795
HOA
$1,100

Home Price

$2,999,999

Loan Details

30 yrs
%

Down Payment

20%
$600,000
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Monthly Price:
$6,666.66

Principal

Taxes

HOA

Principal Taxes HOA Total
Monthly $6,666.66 $1,795.25 $1,100.00 $9,561.91
Yearly $79,999.97 $21,543.00 $13,200.00 $114,742.97
Total $2,399,999.20 $646,290.00 $396,000.00 $3,442,289.20

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Scarborough, ME).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.