Bought with Portside Real Estate Group
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Key Details
Sold Price $740,000
Property Type Multi-Family
Listing Status Sold
Square Footage 2,772 sqft
MLS Listing ID 1538091
Style Multi-Level
Full Baths 3
Year Built 1920
Annual Tax Amount $6,489
Tax Year 21
Lot Size 4,791 Sqft
Property Description
Under-leveraged 3-unit multifamily in a great location with built-in capacity for increased return on investment. Each level features a three-bedroom unit with its own separate heat pump, electric meter, and basement level washer & dryer hook-up (current numbers reflect the owner paying all utilities). Two of the units have been recently updated complete with new flooring & paint, renovated kitchens, and new bathrooms. Energy efficiency improvements include an on-demand natural gas hot water heater new in 2015 and foam insulation in the basement. Property is in the Ferry Village Neighborhood located within a block of the Greenline Trail System, a mile from Willard Beach, 3 miles from Southern Maine Community College, and a short stroll to Hannaford, seasonal farmer's market, restaurants & brewery. This property has strong rental potential in any market.
Location
State ME
County Cumberland
Zoning G
Interior
Heating Hot Water, Heat Pump
Cooling Heat Pump
Flooring Vinyl, Tile, Laminate, Carpet
Laundry Washer Hookup
Exterior
Parking Features 5 - 10 Spaces, Gravel
Utilities Available 1
View Y/N No
Roof Type Flat,Membrane,Rolled/Hot Mop
Building
Lot Description Level, Open Lot, Intown, Near Public Beach, Neighborhood, Near Public Transit
Story 3
Foundation Brick/Mortar
Sewer Public Sewer
Water Public
Structure Type Vinyl Siding,Wood Frame
Schools
School District South Portland Public Schools
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