Bought with Portside Real Estate Group
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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
Broker Associate | License ID: BA923327
Broker Associate License ID: BA923327