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125 Broad Street / 8 Bells / 12-16 Bells Court Cumberland

$1,699,900
0 11,823 sq ft

The Property

11 UNITS (all 3 and 2 bedrooms) NEW ROOF! NEW SIDING! NEW MECHANICALS! SMOKE SYSTEMS UPDATED! OFF-STREET PARKING!

This meticulously maintained property consists of four separate buildings, each echoing over a century of family pride and dedication. Being in the same family for over 100 years, every brick, every corner, and every unit radiates the meticulous care and attention to detail that has been infused over the generations. This is not just an asset—it’s a legacy.

At a glance, the property showcases:

An enviable pro-forma 7.8-9% cap rate.


Potential to optimize rents, ensuring both current income and a promising future of growth.

Units that stand as a paragon of meticulous maintenance and care.

The location’s inherent convenience and charm have invariably led to sustained demand, ensuring optimal occupancy rates year-round. This property not only offers immediate cash flow but serves as an emblem of a rich heritage and a brighter future. For investors, this is more than just a real estate offering—it’s a chance to partake in a century-old legacy while reaping consistent financial rewards. Seize the opportunity. Step forward, immerse yourself in a rich tapestry of history, and embark on a rewarding journey of a lifetime with this real estate gem. Your key to a prosperous future awaits.

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Listing Details

MLS Number

1341872

Lot Size:

0.35 acres

Features

  • Basement: Full
  • Garage
  • Heating: Baseboard, Central Heat
  • Laundry
  • Type: Multi Family,Residential
  • Year Built: 1900

Market Trends for Commercial Properties
in Cumberland

  • Overview
    Homes for Sale Today9-87.7% decrease in inventory
    New on Market *1100% increase in new listings
    Avg. Asking Price/Sq.Ft. *$0.02$0 increase in List Price/Sq.Ft.
    Avg. Sale Price *$0$0 increase in Avg. Sale Price
    Avg. Sale Price as % of Asking Price *%100% increase in Sales to List Price
    Avg. Sale Price/Sq.Ft. *$0.00$0 increase in Sale Price/Sq.Ft.
    Avg. Days on Market of Sold *0 increase in days on market

    * All data is calculated based on the last 30 days

  • Avg. Sale Price
  • Avg. Days on the Market
  • New Market Inventory
  • Lila's Estimate

    Realtors Property Resource

    This is an estimate home valuation provide by RPR. It is based on RPR’s estimate market value and not an appraisal. You can use it as a starting point on the home’s value.

    ...

    Zillow

    This is an estimate home valuation provide by Zillow. It is based on Zillow’s estimate market value and not an appraisal. You can use it as a starting point on the home’s value.

    Real value?

    Contact Us

    Online estimates take you only so far. One of our associates can give you a market analysis of what your homes value.

Listed by Smith and Oak Real Estate Co.

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