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30042915
30042916

90 Broadturn Rd, Scarborough, ME 04074

KW Commercial Greater Portland
Listed by KW Commercial Greater Portland
$2,999,999
94 days on market
Updated 39 days ago

New Price: 16-unit Multifamily in Scarborough

Details
APN R045/101
Property Type Multifamily
Sub Type Apartment Building
Square Footage 11,478
Units 16
Occupancy 94%
Price per SqFt $261
Broker Co-Op No
Class B
Year Built 1945
Year Renovated 2025
Buildings 4
Stories 2
Acreage 9.000
Zoning RF
Parking Spaces 21 spaces
Parking Per SqFt 1.83

Four Buildings

Marketing 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.

Note regarding showings: 72 hour notice required. First showing will include one apartment, laundry room, and property grounds only.

Investment highlights

  • Recent Extensive Renovations
  • 1 One-Br and 15 Two-Bedroom Units
  • Excellent Owner/user Opportunity
  • Conveniently Located Near Saco Border with Easy Access to I-95 & Area Amenities

Listing Contacts

KW Commercial Greater Portland
Listed by KW Commercial Greater Portland

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