North Deering 4-Unit

Multi-Family for Sale
Sale Pending/Contingent
Catylist Listing ID: 30873074
Property Subtypes: Mid-Rise
Status: Pending/Contingent
Building Status: Under Construction
Number of Units: See Agent
Building Size (RSF): 3,818 SF
Gross Building Area: See Agent
Sale Price: $850,000
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 6/3/2024

Overview / Comments

This Portland four-unit is... BIG. Each side of the huge building has a 1 bed / 1 bath apartment on the first floor and a townhouse-style 3 bed / 2 bath apartment on the second and third floors. Two units are vacant: a new owner will have an opportunity to immediately begin adding value, and an owner-occupant will get to choose between a 1 bed / 1 bath apartment and a 3 bed / 2 bath apartment. Additional spaces at this property include a two-story carriage house and a finished basement space with 3 more rooms and a bathroom. The building is situated on a double lot, with ample parking and access from both Washington Avenue and Gertrude Avenue. Residents enjoy the conveniences of nearby Northgate Plaza shopping center and Allen's Corner, including groceries, pharmacy, and restaurants. The property is served by Portland Metro Routes 9A and 9B. With this house, you can go big AND go home!

Additional Details

Nearest MSA: Portland-South Portland
County: Cumberland
Tax ID/APN: PTLD-000402-B000001-000001
Zoning: R3
Number of Stories: 2
Year Built: 1920
Construction/Siding: Wood Siding
Parking Type: Structure, Other
Total Parking Spaces: 10
Heat Type: Natural Gas
Heat Source: Other
Fuel: Gas
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 12,125 65,476 117,823
Median Age: 39.6 38.45 39.1
Households: 5,152 28,928 52,794


Photograph of Listing Agent

Chris Sullivan

Vitalius Real Estate Group
NECPE Member
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