19-21 Cobb Rd
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19-21 Cobb Rd
5 Unit Block of Flats £700,293 (£140,059/Unit) 9.34% Net Initial Yield Bath, ME 04530
Executive Summary
Large five (5) unit apartment building on 0.4± acre lot with plenty of parking
Renovated units with in-unit laundry (three sets Seller owned)
Close proximity to downtown Bath, Bath Iron Works and 40-minute commute to Portland
Separately metered water and electric utilities. Newer Buderus hot water boiler
•
Renovated units with in-unit laundry (three sets Seller owned)
Close proximity to downtown Bath, Bath Iron Works and 40-minute commute to Portland
Separately metered water and electric utilities. Newer Buderus hot water boiler
•
Property Facts
| Price | £700,293 | Apartment Style | Low Rise |
| Price Per Unit | £140,059 | Building Class | B |
| Sale Type | Investment | Lot Size | 0.40 AC |
| Net Initial Yield | 9.34% | Building Size | 5,654 SF |
| No. Units | 5 | Number of Floors | 2 |
| Property Type | Residential | Year Built | 1989 |
| Property Subtype | Apartment | Parking Ratio | 1.77/1,000 SF |
| Price | £700,293 |
| Price Per Unit | £140,059 |
| Sale Type | Investment |
| Net Initial Yield | 9.34% |
| No. Units | 5 |
| Property Type | Residential |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | B |
| Lot Size | 0.40 AC |
| Building Size | 5,654 SF |
| Number of Floors | 2 |
| Year Built | 1989 |
| Parking Ratio | 1.77/1,000 SF |
Unit Mix Information
| Description | No. Units | Avg. Rent.Mo | SF |
|---|---|---|---|
| 2+1.5 | 5 | £1,688 | - |
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PROPERTY TAXES
| Parcel Number | BTTH-000025-000000-000013 | Improvements Assessment | £263,373 |
| Land Assessment | £75,819 | Total Assessment | £339,192 |
PROPERTY TAXES
Parcel Number
BTTH-000025-000000-000013
Land Assessment
£75,819
Improvements Assessment
£263,373
Total Assessment
£339,192
zoning
| Zoning Code | R1 (High Density Residential) |
| R1 (High Density Residential) |
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19-21 Cobb Rd
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