Portland, ME 04101,56 Cumberland AVE
Portland, ME 04101,56 Cumberland AVE
Portland, ME 04101,56 Cumberland AVE
Listed by Vitalius Real Estate Group, LLC
Bought with Keller Williams Realty 
$465,000
$489,900
5.1%
Est.Price: ?

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5,662 Sqft Lot
SOLD DATE : 02/26/2021

Key Details

Sold Price $465,000

Property Type Land

Listing Status Sold

MLS Listing ID 1432790

Annual Tax Amount $3,702

Tax Year 2018

Lot Size 5,662 Sqft

Property Description

Munjoy Hill 8-unit buildable lot!
This is the hottest development area in Portland, between the observatory and Washington Ave's restaurant row. This is a right-sized project which avoids Portlands inclusionary zoning restrictions. Creative use of the hill's grade may get parking efficiently below the residential units. (8-unit estimate based only on square footage calculation)

Location

State ME

County Cumberland

Zoning R6

Exterior

Parking Features 5 - 10 Spaces, Gravel, On Site

Utilities Available 1

View Y/N No

Building

Lot Description Level, Open Lot, Sidewalks, Near Shopping, Near Turnpike/Interstate, Near Town

Sewer None

Water None

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Maine MLS (MREIS) IDX
Monet Yarnell

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