Bought with RE/MAX Shoreline
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Key Details
Sold Price $1,715,000
Property Type Multi-Family
Listing Status Sold
Square Footage 9,980 sqft
MLS Listing ID 1532212
Style Multi-Level
Full Baths 10
Year Built 1910
Annual Tax Amount $21,661
Tax Year 2022
Lot Size 10,454 Sqft
Property Description
Solid, clean, well maintained & well managed 10 unit apartment building in the heart of Portland conveniently located near Thompson's Point, Maine Medical Center, Mercy Hospital, Hadlock Field, downtown, the West End and just off 295. 5 One BR units and 5 Two BR units as well as a full walk out basement, detached four car garage and plenty of on and off street parking has made this an enjoyable property for this owner to own for over 20 years. Lovely features in the apartments such as hardwood floors, nice varnished original moldings and trim, built-ins, lots of large newer windows - all help to make the units desirable and nice to live in - very easy to rent. This owner has only had vacancies when refreshing or updating the units during their natural transitions. A couple tenants have enjoyed the building for over 20 years. 2 updated Viessman Boilers with natural gas burners for heat and hot water, rubber membrane roofs were inspected and updated in 2012, new reclaim asphalt driveway surface in May 2022, coin op laundry in clean, well lit basement also help to make this a great place to live. City living yet mature trees and the quiet dead end street allows for quality of life while making this a very unique turn key investment opportunity. Fully rented and ready for the next owner.
Location
State ME
County Cumberland
Zoning R6
Interior
Heating Radiator, Multi-Zones, Hot Water, Baseboard
Cooling None
Flooring Wood, Vinyl, Laminate, Carpet
Laundry Laundry - Coin
Exterior
Parking Features 5 - 10 Spaces, Reclaimed, Common, On Site, Detached, Off Street
Garage Spaces 4.0
Utilities Available 1
View Y/N No
Roof Type Flat,Membrane
Building
Lot Description Corner Lot, Level, Sidewalks, Landscaped, Intown, Near Shopping, Near Turnpike/Interstate, Neighborhood, Near Public Transit, Near Railroad
Story 3
Foundation Granite, Brick/Mortar
Sewer Public Sewer
Water Public
Structure Type Vinyl Siding,Wood Frame
Schools
School District Portland Public Schools
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