Address: 48 Winchester Drive, Portland, Maine, US
Created date: February 9, 2024
Date last updated: March 26, 2024
- Winchester Woods finished construction in 2023 and is professionally managed.
- This is a turn-key investment property poised for value appreciation and rent growth.
- The buildings have quality construction such as high efficiency electric water heaters, efficient heat pumps which provide heating and cooling, hot-water radiators to supplement heating, and stainless-steel appliances including a dishwasher, electric stove, microwave, and refrigerator.
- The Roux Institute at Northeastern recently acquired a 10-acre site which is ¼ mile from Winchester Woods.
Property Description
Winchester Woods 48-unit multifamily investment property comprised of four, three-story buildings, each with twelve units. Each building has six one-bedroom units and six two-bedroom units. Units feature spacious and open floor plans with modern fixtures, stainless steel appliances, patios and decks, ample parking with EV charging stations, and in-unit washer/dryers. Winchester Woods includes greenspace for tenant’s outdoor enjoyment and it abuts Presumpscot Elementary School with a walking path connecting the property directly to the schools recreational fields.