Bought with Vitalius Real Estate Group, LLC
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Key Details
Sold Price $1,150,000
Property Type Multi-Family
Listing Status Sold
Square Footage 3,162 sqft
MLS Listing ID 1550802
Sold Date 05/01/23
Style Multi-Level,Split Entry
Full Baths 4
HOA Y/N No
Abv Grd Liv Area 1,632
Originating Board Maine Listings
Year Built 1989
Annual Tax Amount $9,503
Tax Year 2022
Lot Size 5,662 Sqft
Acres 0.13
Property Description
Deceptively simple outside, this East End multi-family is fully furnished, turn-key, has a strong furnished-rental income history, and has a parking lot to boot! Inside is much bigger than it appears, with three 2-bedrooms units plus a full guest studio. Each unit has been renovated with a charming, coastal touch and the location is highly desirable to short, medium, and long term tenants and buyers looking to live downtown. This location might just be one of the most walkable on Portland's East Side, sitting at the intersection of Washington's ''restaurant row,'' India Street's gateway to the waterfront, Munjoy Hill's stunning park, and East End Beach. The 5,998 SF lot currently offers a large parking lot and quaint courtyard with the future potential to add additional units. The 1980's construction is a refreshingly attractive alternative to the typical 100+ year old Portland building.
Location
State ME
County Cumberland
Zoning B1
Rooms
Basement Finished, Not Applicable
Interior
Heating Hot Water, Heat Pump, Baseboard
Cooling Heat Pump
Flooring Wood, Tile, Laminate
Laundry Laundry - Coin
Exterior
Garage 1 - 4 Spaces, Paved, Off Street
Waterfront No
View Y/N No
Roof Type Shingle
Street Surface Paved
Parking Type 1 - 4 Spaces, Paved, Off Street
Garage No
Building
Lot Description Level, Open Lot, Sidewalks, Intown, Near Public Beach, Near Shopping, Near Turnpike/Interstate, Near Town
Sewer Public Sewer
Water Public
Architectural Style Multi-Level, Split Entry
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