Bought with Keller Williams Realty
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Key Details
Sold Price $1,420,000
Property Type Multi-Family
Listing Status Sold
Square Footage 8,126 sqft
MLS Listing ID 1530655
Style Multi-Level
Full Baths 12
Year Built 1884
Annual Tax Amount $17,008
Tax Year 2021
Lot Size 0.900 Acres
Property Description
12 unit investment opportunity in desirable downtown Portland location! 571 Cumberland Avenue is a professionally managed 12 unit building with four units per level in 11 studio and 1 one bedroom layouts. Units have high ceilings, large windows, steam radiators, and a mix of hardwood flooring and carpet. Built in 1884, this building maintains historic charm with updated features including a central fire alarm system, basement storage, coin-op laundry, upgraded electrical with separate meters, replacement windows, and 3-4 off-street parking spaces. Conveniently located near Maine Medical Center, the Historic West End neighborhood, Tandem Coffee and Bakery, Bramhall, and Hadlock Field.
Location
State ME
County Cumberland
Zoning R6
Interior
Heating Steam, Radiator
Cooling None
Flooring Wood, Carpet
Laundry Laundry - Coin
Exterior
Parking Features 1 - 4 Spaces, Gravel, On Site
Utilities Available 1
View Y/N No
Roof Type Shingle
Building
Lot Description Corner Lot, Level, Sidewalks, Intown
Foundation Brick/Mortar
Sewer Public Sewer
Water Public
Structure Type Shingle Siding,Asbestos,Wood Frame
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