Portland, ME 04102,241 Spring ST
Portland, ME 04102,241 Spring ST
Portland, ME 04102,241 Spring ST
Listed by Portside Real Estate Group
Bought with Portside Real Estate Group
$690,000
$699,000
1.3%
Est.Price: ?

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4 Baths
2,824 SqFt
SOLD DATE : 02/15/2023

Key Details

Sold Price $690,000

Property Type Multi-Family

Listing Status Sold

Square Footage 2,824 sqft

MLS Listing ID 1548955

Sold Date 02/15/23

Style Multi-Level

Full Baths 4

HOA Y/N No

Abv Grd Liv Area 2,824

Originating Board Maine Listings

Year Built 1885

Annual Tax Amount $9,374

Tax Year 2021

Lot Size 2,178 Sqft

Acres 0.05

Property Description

Clean, West End 4 unit perfect for an owner-occupant or an Investor looking to add to their portfolio. 241 Spring has excellent long term tenant history and is low maintenance; no plowing and minimal lawn mowing is needed. Each tenant has a separate entrance and natural gas Rinnai heaters so tenants pay their own utilities. The building has been tastefully updated and well-maintained over its 20-year ownership (see attached list of improvements). Some units have new replacement windows and ample storage closets. Two units are exempt from the rent control ordinance and 2 units have been notified of rent increases in 2023. Located a short walk to local restaurants Chaval, Ruby's, and neighborhood favorites Rosemont Bakery & Market and Chocolats Passion!

Location

State ME

County Cumberland

Zoning R6

Rooms

Basement Brick/Mortar, Full, Interior Entry

Interior

Interior Features One-Floor Living, Shower, Walk-In Closet(s)

Heating Direct Vent Heater

Cooling None

Flooring Wood, Vinyl, Laminate, Carpet

Fireplace No

Exterior

Garage No Driveway, None, On Street

Waterfront No

View Y/N No

Roof Type Flat,Membrane

Street Surface Paved

Parking Type No Driveway, None, On Street

Garage No

Building

Lot Description Level, Sidewalks, Intown, Near Shopping, Neighborhood

Story 2

Foundation Stone, Concrete Perimeter, Slab, Brick/Mortar

Sewer Public Sewer

Water Public

Architectural Style Multi-Level

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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