$950,000
Investors take notice! Assumable 3.75% FHA loan available. This 4 unit multi-family property is income producing ($100k+ in annual rental income) and ready to be your next asset. With a strong rental history and a desirable location, this property is an ideal investment. Located near everything that Portlands Old Port… Read More has to offer with close proximity to Maine Medical Center and I-295 / I-95 for an easy commute. The spacious 3700 sqft of living space consists of two 3 bedroom units, a 2 bedroom unit, and a studio. New hot water tank and most electrical and plumbing updated in 2022. Don't miss your opportunity to purchase a cash flowing asset in Maine's historical waterfront city of Portland! The property is currently fully occupied. The interior photos have been edited for brightness and to remove tenants belongings. Please inquire to receive unedited interior photos. Thank you for your interest! Read Less
Courtesy of Down To Earth Real Estate 484-432-0067
Listing Snapshot
Days Online
115
Last Updated
Full Baths
4
Square Ft.
3,705
Lot Size
0.06 Acres
Year Built
1900
MLS Number
1609832
30 Days Snapshot Of 04102
$627k
-8%
(avg) sold price
10
+11%
homes sold
54
+35%
(avg) days on market
Snapshot
Area Map
Additional Details
Property Access
Road Surface Type: "Paved"
Basement
Basement: "Walk-Out Access", "Full", "Exterior Only"
Building
Architectural Style: "Multi-Level", Building Area Total: 3,705, Construction Materials: "Vinyl Siding", "Wood Frame", Number Of Units Total: 4, Year Built: 1900
Cooling
Cooling: "None"
Expenses
Operating Expense: $18,704
Floors
Flooring: "Vinyl"
Foundation
Foundation Details: "Concrete Perimeter", "Brick/Mortar"
Heating
Heating: "Steam", "Radiator", "Radiant", Heating Included
Income
Gross Income: $101,064
Lot
Features: "Sidewalks", "Intown", "Near Shopping", "Near Turnpike/Interstate", "Neighborhood", "Near Public Transit", "Near Railroad", 0.06 acres, Area: 0.06, 2,614 square feet
Parking
Features: "No Driveway", "Off Street"
Property
Parcel Number: PTLD-000064-E000003-000001, Zoning: R6
Roof
Roof: "Shingle"
Sewer
Sewer: "Public Sewer"
Taxes
Annual Amount: $9,017, Tax Lot: 3
Utilities
Electric: "Circuit Breakers", Water Source: "Public"
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Listing Information © Maine Real Estate Information System, Inc. All Rights Reserved.
Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.
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