Portland: Lovingly Maintained 3 Family!

Multi-Family for Sale
Sale Pending/Contingent
Catylist Listing ID: 30282012
Status: Pending/Contingent
Number of Units: 3 Units
Building Size (RSF): 3,373 SF
Gross Building Area: See Agent
Gross Land Area: 0.08 Acres
Sale Price: $625,000
Unit Price: $208,333.33 Per Unit
Property Use Type: Investment
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 5/31/2018

Overview / Comments

This unique 3 family has been lovingly maintained and it shows! A spacious entry porch welcomes visitors. Unit #1 is a 2 bedroom townhouse with 2 fireplace openings and an additional mantel, hardwood floors, St. Charles kitchen, full bath with laundry area, classic stairway, and 2 spacious bedrooms on 2nd floor. Unit #2 is also townhouse style with private exterior entrance, mudroom, large modern kitchen with stainless & granite, spacious living room with two china cabinets, and a 2nd floor with 3 bedrooms and a brand new full bath. Unit #3 is an updated 3rd floor suite with 3 bedrooms and open living/dining/kitchen area. The property also has off street parking, and a private rear patio area. Recent improvements include renovation of Unit #2 including new windows, new fire doors in 2018, and exterior 3rd floor staircase replaced in 2010. Ideal owner occupied building. Fantastic location on the edge of the West End, near Maine Medical Center, the Arts District, & Downtown Portland.

Financials

Finance Data Year 2018
Real Estate Taxes - Annual($) $7,957 (Annual)

Additional Details

Nearest MSA: Portland-South Portland
County: Cumberland
Tax ID/APN: 527CumberlandAvenuePortlandMaine
Zoning: R7
Property Located Between: Mellen Street and Deering Avenue
Highway Access: Interstate 295
Site Description: Neighborhood, on the edge of the West End
Area Description: Near Maine Medical Center, the Arts District, & Downtown Portland.
Total Number of Buildings: 1
Property Condition: Good
Number of Stories: 3
Year Built: 1881
Roof Type: Other
Construction/Siding: Vinyl Siding
Parking Ratio: 4 (per 1000 SF)
Parking Type: Surface
Parking Description: Off street parking for 1-4 vehicles.
Total Parking Spaces: 4
Sprinklers: None
Heat Type: Oil
Heat Source: Baseboard
Fuel: Oil
Internet Access: Cable
Water Service: Municipal
Sewer Type: Municipal

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 25,791 80,612 118,577
Median Age: 34.38 37.6 39.09
Households: 13,248 37,257 53,244

Contact

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