Bought with Townsend Real Estate
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Key Details
Sold Price $890,000
Property Type Multi-Family
Listing Status Sold
Square Footage 4,786 sqft
MLS Listing ID 1550439
Sold Date 02/10/23
Style Multi-Level
Full Baths 5
HOA Y/N No
Abv Grd Liv Area 4,786
Originating Board Maine Listings
Year Built 1900
Annual Tax Amount $12,172
Tax Year 2022
Lot Size 5,227 Sqft
Acres 0.12
Property Description
This unique Rosemont property has a quality that will be recognized immediately by those who tour it. Buyers looking for a long term investment or to owner-occupy in this sought after location should come see this gem. The location is rare for a multi-family as it fronts on two quiet streets, Runnells and Montrose. The Runnells side has a garage with two additional shed-like flanks on each side for extra storage, and a charming little patio. The Montrose side has a large and newly paved parking area for the residents. Inside, the apartments have the quiet quality of a nice, classic home, with generous layouts and solid construction. This is the kind of property that veteran property owners like to own. The abundant storage and usable basement space (recognized by the city) create opportunities for added income or personal use. Some buyers may find it appealing to convert the property back into a 4 unit for the preferred financing options and owner-occupied rent control exclusion.
Location
State ME
County Cumberland
Zoning R5
Rooms
Basement Walk-Out Access, Finished, Full, Interior Entry, Unfinished
Interior
Heating Hot Water, Direct Vent Furnace, Baseboard
Cooling None
Flooring Wood, Laminate
Exterior
Garage 5 - 10 Spaces, Paved, On Site, Detached, Off Street
Garage Spaces 1.0
Waterfront No
View Y/N No
Roof Type Shingle
Street Surface Paved
Parking Type 5 - 10 Spaces, Paved, On Site, Detached, Off Street
Garage Yes
Building
Lot Description Level, Open Lot, Sidewalks, Landscaped, Near Shopping, Near Turnpike/Interstate, Near Town
Sewer Public Sewer
Water Public
Architectural Style Multi-Level
Structure Type Wood Siding,Asbestos,Wood Frame
Others
Energy Description Gas Natural, Oil, Electric
Financing Cash
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Paul Rondeau
Broker Associate | License ID: BA923327
Broker Associate License ID: BA923327