Condo Investment Properties for Sale in Greenwood, ME
209- 3 Bed
- 2 Bath
- 1040 sft
130- 3 Bed
- 1 Bath
- 1102 sft
171- 2 Bed
- 1 Bath
- 1057 sft
170- 2 Bed
- 1 Bath
- 662 sft
154- 3 Bed
- 1 Bath
- 1386 sft
- 3 Bed
- 2 Bath
- 1064 sft
- 2 Bed
- 1 Bath
- 1032 sft
156- 4 Bed
- 1 Bath
- 1200 sft
- 2 Bed
- 2 Bath
- 1120 sft
980- 1 Bed
- 1 Bath
- 505 sft
131- 4 Bed
- 2 Bath
- 1482 sft
168- 1 Bed
- 1 Bath
- 680 sft
136- 2 Bed
- - Bath
- 288 sft
407- 3 Bed
- 3 Bath
- 2250 sft
171- 2 Bed
- 2 Bath
- 924 sft
142- 4 Bed
- 2 Bath
- 1666 sft
147- 2 Bed
- 1 Bath
- 702 sft
148- 3 Bed
- 2 Bath
- 1176 sft
132- 3 Bed
- 2 Bath
- - sft
158- 3 Bed
- 1 Bath
- 1050 sft
253- 2 Bed
- 2 Bath
- 924 sft
-- 3 Bed
- 1 Bath
- 1200 sft
162- 2 Bed
- 1 Bath
- 1500 sft
795- 2 Bed
- 2 Bath
- 840 sft
Why Invest in Greenwood, Maine?
Investing in condos in Greenwood, ME offers attractive opportunities for real estate investors focusing on residential property types. The area features a solid average rental yield around 6%, a cap rate near 5%, and an average cash flow estimated at $350 monthly per unit. Appreciation trends are stable at approximately 3.5% yearly, supported by a renter-occupied rate surpassing 55%. These metrics indicate a healthy market for condo investments with moderate income potential.
Frequently Asked Questions
Greenwood offers reasonable cap rates around 5%, stable rental yields, and moderate appreciation, making it a compelling market. Additionally, strong demand driven by students and local employment supports steady cash flow.
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