Stately brick row-house

Multi-Family for Sale
Catylist Listing ID: 30638767
Property Subtypes: Mixed Use
Number of Units: 3 Units
Building Size (RSF): 3,319 SF
Gross Building Area: See Agent
Gross Land Area: 0.06 SF
Sale Price: $1,295,000
Unit Price: $431,666.67 Per Unit
Property Use Type: Investment, Vacant/Owner-User, Business
Sale Terms: Undisclosed
Cap Rate: Undisclosed
Last Updated: 9/5/2020

Overview / Comments

All Portland has to offer awaits from this ideal urban location that's walkable to everything yet private and peaceful. Bathed in natural light this elegant and stately brick row-house offers retained period detail from amazing plaster medallions and molding to gleaming floors and remarkable fixtures. Originally built as a single family the property has had many lives in it's 120 years. The city currently considers the property a 3 unit but the current owners have used as a single family with ground level professional offices. The desirable zoning status/position allows for many uses and nearly limitless ability to edit, enhance and profit. In a location where modest condos are trading for $7-800psf, you can have an entire brownstone, where you make all the decisions and have full control, for a fraction. Buy and use as the owners have (mixed use), buy and convert back to 3 units, buy and condo convert... you choose but don't wait. This is a rare offering with limitless potential. Shown by appointment with 24+ hours notice.

Additional Details

Nearest MSA: Portland-South Portland
County: Cumberland
Tax ID/APN: PTLD-000028-000000-J014001
Zoning: IS-FBC
Number of Stories: 3
Year Built: 1900
Roof Type: Mansard
Construction/Siding: Brick
Heat Type: Oil
Heat Source: Baseboard
Fuel: Oil
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 20,219 70,257 112,274
Median Age: 34.28 37.59 39.32
Households: 10,552 33,188 50,508

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