Bought with Gardner Real Estate Group
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Key Details
Sold Price $1,600,000
Property Type Multi-Family
Listing Status Sold
Square Footage 6,160 sqft
Subdivision East End/Munjoy Hill
MLS Listing ID 1443885
Sold Date 12/28/20
Style Multi-Level
Full Baths 7
HOA Y/N No
Abv Grd Liv Area 6,160
Originating Board Maine Listings
Year Built 1915
Annual Tax Amount $8,357
Tax Year 2019
Lot Size 4,791 Sqft
Acres 0.11
Property Description
Let your and your buyers imaginations run with this quality amazing opportunity. Quality built at the turn of the century and very well maintained, this 7 unit is an income producer poised to throw off much more income (current rents are well below market) or be re-imagined. There are few streets and spots more desirable in Portland then this elevated site on connected yet quiet St Lawrence Street that's just outside of the Old Port and just a short walk to Fore Points Marina and the forthcoming Portland Foreside neighborhood. A solid investment as is or re-imagine and transform the top floors into a deluxe owners unit with rents below (see concept drawings and imagine the epic views from the upper levels). Opportunity is knocking - are you ready...??
Location
State ME
County Cumberland
Zoning R6
Direction Eastern Promenade / Fore St to St Lawrence
Body of Water Casco Bay
Rooms
Basement Walk-Out Access, Finished, Full, Partial
Interior
Interior Features 1st Floor Bedroom, One-Floor Living, Other, Shower, Storage
Heating Multi-Zones, Hot Water, Forced Air, Baseboard
Cooling None
Flooring Wood, Vinyl, Tile, Carpet
Fireplace No
Laundry Washer Hookup
Exterior
Garage 5 - 10 Spaces, Paved, On Site, Off Street
Waterfront No
Waterfront Description Bay,Harbor,Ocean
View Y/N Yes
View Scenic
Roof Type Flat,Membrane
Street Surface Paved
Porch Deck, Porch
Parking Type 5 - 10 Spaces, Paved, On Site, Off Street
Garage No
Building
Lot Description Level, Open Lot, Rolling Slope, Sidewalks, Landscaped, Intown, Near Golf Course, Near Public Beach, Near Shopping, Near Turnpike/Interstate, Near Town, Neighborhood, Near Public Transit, Near Railroad
Foundation Stone, Brick/Mortar
Sewer Public Sewer
Water Public
Architectural Style Multi-Level
Structure Type Asbestos,Wood Frame
Others
Energy Description Gas Natural
Financing Conventional
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Paul Rondeau
Broker Associate | License ID: BA923327
Broker Associate License ID: BA923327