Portland, ME 04101,56 Atlantic ST
Portland, ME 04101,56 Atlantic ST
Portland, ME 04101,56 Atlantic ST
Listed by Judy George Realty
Bought with Benchmark Real Estate
$950,000
$1,150,000
17.4%
Est.Price: ?

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3 Baths
2,241 SqFt
SOLD DATE : 09/01/2022

Key Details

Sold Price $950,000

Property Type Multi-Family

Listing Status Sold

Square Footage 2,241 sqft

Subdivision Munjoy Hill / East End

MLS Listing ID 1519148

Sold Date 09/01/22

Style New Englander

Full Baths 3

HOA Y/N No

Abv Grd Liv Area 2,241

Originating Board Maine Listings

Year Built 1910

Annual Tax Amount $9,628

Tax Year 2022

Lot Size 2,178 Sqft

Acres 0.05

Property Description

It's all about LOCATION and this one is simply perfect!!!

Solid duplex on Atlantic Street, with ocean views right down the street! Walk to the Eastern Prom for the park, tennis courts, food trucks, marina, dog beach, and more from this home!!! It's only 3 blocks away!

Theater, coffee shops and art galleries just down the street, plus a host of food trucks and the Casco Bay Ferry system around the corner.

Both units have dedicated porches, washer/dryers, gas meters, CMP panel boxes and separate heat systems. The building was seriously upgraded in 2017 with new granite, some plumbing, gleaming pine floors, some newer carpets, updated bathrooms, new roof, windows, insulation, and fixtures.

Strong rental history. BOTH units are BELOW market. 1st floor should rent for $1850 and 2nd floor $5000 p month, not including heat.

Perfect for owner occupy as well!!

First floor has one bath, one large bedroom and an office or second bedroom. Both units share the basement and there is a bulkhead plus a side door off the first floor porch for ease of storage.

Second unit is a combination of second and third floors with egress on each. This makes superior living for roommates or a larger family......RARE two bathroom, four bedrooms or set it up with 2 living spaces as current residences do.

Enjoy some open walls, exposed brick, period details, plaster and dry wall ceilings, custom kitchen cabinets, and two porches. The top porch has some OCEAN VIEWS seasonally!!!

Both abutters are owner occupied homes!!

Large driveway for 2, private backyard with new fencing, all great for setting up the grill or exercising pets!!!

There is enough land mass to qualify for a CONFORMING 3rd unit probably, per the new zoning guidelines adopted Dec. 2020. See broker for details.

Rents are under market rate, owner lives on the second floor.


This is a rare offering and you will be pleased to add this building to your portfolio or even better.......live here

Location

State ME

County Cumberland

Zoning R6

Direction Fore Street to Atlantic Street. Building is on your left. No sign.

Body of Water Ocean

Rooms

Basement Bulkhead, Full, Sump Pump, Exterior Entry, Unfinished

Interior

Interior Features 1st Floor Bedroom, One-Floor Living, Pantry, Storage

Heating Multi-Zones, Hot Water, Baseboard

Cooling None

Flooring Wood, Tile, Carpet

Fireplace No

Laundry Laundry - 1st Floor, Upper Level, Main Level

Exterior

Garage 1 - 4 Spaces, Paved, Off Street

Fence Fenced

Waterfront No

Waterfront Description Ocean

View Y/N Yes

View Scenic

Roof Type Membrane,Shingle

Street Surface Paved

Porch Deck, Porch

Parking Type 1 - 4 Spaces, Paved, Off Street

Garage No

Building

Lot Description Level, Sidewalks, Intown, Near Shopping, Near Town, Neighborhood, Near Public Transit

Story 3

Foundation Stone, Brick/Mortar

Sewer Public Sewer

Water Public

Architectural Style New Englander

Structure Type Vinyl Siding,Wood Frame

Others

Energy Description Gas Natural

Financing Conventional

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Paul Rondeau

+1(207) 229-7613

Broker Associate | License ID: BA923327

Broker Associate License ID: BA923327

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