NOT LISTED FOR SALE
-- Bed
11 Baths
9,408 Sq Ft
5,227 Sq Ft Lot

Last Sold February 28, 2022

Last sale price $1,750,000 $186 Per Sq Ft

35 Days on Market

Highlights

  • Property is near public transit
  • No HOA
  • Heating System Uses Steam
  • Wood Flooring
  • Home Security System
  • 4-minute walk to Deering Oaks Park

About This Home

As of February 2022

Handsome brick 11-unit on tree-lined Grant Street in the Parkside neighborhood. Many of the units have been updated, though there is still some value-add opportunity for the next investor to make improvements and/or highlight the historic character of the building. If you're looking to add a big, straight building with personality and unlimited potential to your portfolio, you've found it.

Last Agent to Sell the Property

Brit Vitalius

Vitalius Real Estate Group, LLC Listed on: 11/03/2021

Co-Listed By

Chris Sullivan

Vitalius Real Estate Group, LLC

Last Buyer's Agent

Chris Sullivan

Vitalius Real Estate Group, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $23,369

Year Built

  • Built in 1900

Lot Details

  • 5,227 Sq Ft Lot
  • Level Lot

Parking

  • No Driveway

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction
  • Concrete Foundation
  • Block Foundation
  • Concrete Perimeter Foundation
  • Masonry

Interior Spaces

  • 11 Full Bathrooms
  • Multi-Level Property
  • Wood Flooring
  • Home Security System

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Location

  • Property is near public transit
  • City Lot

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Heating System Uses Steam
  • Internet Available

Listing and Financial Details

  • Tax Lot 16
  • Assessor Parcel Number 11-13GrantStreetPortland04101

Community Details

Overview

  • No Home Owners Association
  • 11 Units

Amenities

  • Coin Laundry

Building Details

  • Operating Expense $61,293
  • Gross Income $164,978

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$23,369

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.12
  • Road Surface Type: Paved
  • Co List Office Mls Id: 2698
  • Co List Office Phone: 207-541-3755
  • MLS Status: Closed
  • Above Grade Finished Sq Ft: 8508.0
  • Architectural Style: Multi-Level
  • Garage Yn: No
  • Year Built: 1900
  • Location Information:Leased Land: No
  • Property Information:Lot Size Acres -: 0.12
  • Property Information:Total Baths: 11.0
  • Property Information:SqFt Finished Above Grade: 8508.0
  • Property Information:SqFt Finished Below Grade: 900.0
  • Property Information:Garage: No
  • Site:Level: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Basement:Walkout Access: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Basement Entry:Walk-Out: Yes
  • Amenities:Security System: Yes
  • Gas:Natural - On Site: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Property Information:Number of Units: 11
  • Income Expenses Gross Income: 164978.0
  • Income Expenses Operating Expenses: 61293.0
  • Style:Multi-Level: Yes
  • Foundation Materials:Block3: Yes
  • Heat System:Steam: Yes
  • Driveway:No Driveway: Yes
  • Property Information:Deed Restrictions: Unknown
  • Parking:No Parking: Yes
  • Exterior:Brick: Yes
  • Transportation:Public Transport Access: Yes
  • Roof:Flat: Yes
  • Construction:Masonry: Yes
  • Amenities:Laundry - Coin: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Walk-Out Access, Full
  • Full Bathrooms: 11
  • Below Grade Sq Ft: 900.0
  • Fireplace: No
  • Flooring: Wood
  • Full Basement: Yes

Exterior Features

  • Lot Features: Level, Sidewalks, Intown, Near Public Transit
  • Waterfront: No
  • Construction Type: Brick, Masonry
  • Foundation Details: Block, Concrete Perimeter
  • Roof: Flat

Garage/Parking

  • Attached Garage: No
  • Parking Features: No Driveway, None

Utilities

  • Laundry Features: Laundry - Coin
  • Security: Security System
  • Cooling: None
  • Cooling Y N: No
  • Heating: Steam
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Utilities: Utilities On
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Pets Allowed: No Restrictions

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 5227.2
  • Parcel #: 11-13GrantStreetPortland04101
  • Zoning: R7

Multi Family

  • Number Of Units Total: 11
  • Annual Gross Income: 164978.0
  • Annual Operating Expense: 61293.0

Tax Info

  • Tax Annual Amount: 23369.0
  • Tax Book Number: 35916
  • Tax Lot: 16
  • Tax Map Number: 36
  • Tax Year: 2022

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2022 02/28/22 Sold $1,750,000 -7.9% $186 / Sq Ft
12/09/2021 12/09/21 Pending -- -- --
11/03/2021 11/03/21 For Sale $1,900,000 +35.7% $202 / Sq Ft
08/23/2019 08/23/19 Sold $1,400,000 -12.5% $132 / Sq Ft
04/12/2019 04/12/19 Pending -- -- --
09/27/2018 09/27/18 For Sale $1,600,000 +120.7% $150 / Sq Ft
03/07/2014 03/07/14 Sold $725,000 0.0% $77 / Sq Ft
11/08/2013 11/08/13 Pending -- -- --
11/08/2013 11/08/13 For Sale $725,000 -- $77 / Sq Ft
Source: Maine Listings

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1513843

Maine Listings