NOT LISTED FOR SALE
-- Bed
6 Baths
7,304 Sq Ft
9,583 Sq Ft Lot

Last Sold July 14, 2022

Last sale price $1,265,000 $173 Per Sq Ft

7 Days on Market

Highlights

  • Property is near public transit
  • No HOA
  • Level Lot
  • Wood Flooring
  • Coin Laundry
  • Heating System Uses Natural Gas

About This Home

As of July 2022

Fully updated turn key 6 unit apartment building w/ 6 (2) bedroom units, parking, huge yard, separate electric + heat, coin op washer/dryer in basement. This property is minutes to Baxter Boulevard, interstates 295, Munjoy Hill and Portland's Old Port. Please don't miss out on this fantastic investment property!
Group showings on Wednesday 4/20 from 12:30 - 2 PM & Thursday 4/21 from 12:30 - 2 PM.

Last Listed By

Thomas Gadbois

F.O. Bailey Real Estate Listed on: 04/15/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $15,423

Year Built

  • Built in 1900

Lot Details

  • 9,583 Sq Ft Lot
  • Level Lot

Home Design

  • Concrete Foundation
  • Wood Frame Construction
  • Membrane Roofing
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 6 Full Bathrooms
  • 7,304 Sq Ft Home
  • 3-Story Property
  • Wood Flooring

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry
  • Sump Pump

Parking

  • Common or Shared Parking
  • Shared Driveway

Location

  • Property is near public transit

Utilities

  • No Cooling
  • Heating System Uses Natural Gas
  • Heating System Mounted To A Wall or Window
  • Gas Water Heater

Listing and Financial Details

  • Tax Lot F9
  • Assessor Parcel Number PTLD-000167-F000009-000001

Community Details

Overview

  • No Home Owners Association
  • 6 Units

Amenities

  • Coin Laundry

Building Details

  • Operating Expense $35,848
  • Gross Income $113,412

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,423

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.22
  • MLS Status: Closed
  • Directions: Washington Ave to Left on Presumpscot
  • Above Grade Finished Sq Ft: 7304.0
  • Architectural Style: Multi-Level
  • Garage Yn: No
  • Building Stories: 3
  • Year Built: 1900
  • Location Information:Leased Land: No
  • Property Information:Lot Size Acres -: 0.22
  • Property Information:Total Baths: 6.0
  • Property Information:SqFt Finished Above Grade: 7304.0
  • Property Information:Garage: No
  • Site:Level: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Cooling:None3: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Basement Entry:Interior: Yes
  • Water Heater:Gas: Yes
  • Exterior:Vinyl Siding: Yes
  • Driveway:Common2: Yes
  • Basement:Unfinished: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Heat Fuel:Gas Natural: Yes
  • Property Information:Number of Units: 6
  • Building Info:_pound_ Stories2: 3
  • Income Expenses Gross Income: 113412.0
  • Income Expenses Operating Expenses: 35848.0
  • Style:Multi-Level: Yes
  • Gas:Natural - At Street: Yes
  • Heat System:Direct Vent Heater: Yes
  • Basement:Sump Pump: Yes
  • Roof:Membrane: Yes
  • Transportation:Public Transport Access: Yes
  • Driveway:Reclaimed: Yes
  • Building Info:_pound_ Floors3: 3
  • Amenities:Laundry - Coin: Yes
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Has Basement: Full, Sump Pump, Interior Entry, Unfinished
  • Full Bathrooms: 6
  • Fireplace: No
  • Flooring: Wood
  • Stories: 3
  • Full Basement: Yes

Exterior Features

  • Lot Features: Level, Sidewalks, Near Turnpike/Interstate, Near Town, Neighborhood, Near Public Transit
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Roof: Membrane

Garage/Parking

  • Attached Garage: No
  • Parking Features: 5 - 10 Spaces, Reclaimed, Common

Utilities

  • Laundry Features: Laundry - Coin
  • Cooling: None
  • Cooling Y N: No
  • Heating: Other Heat System, Direct Vent Heater
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Utilities: Utilities On
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 9583.2
  • Parcel #: PTLD-000167-F000009-000001
  • Zoning: R5

Multi Family

  • Number Of Units Total: 6
  • Annual Gross Income: 113412.0
  • Annual Operating Expense: 35848.0

Tax Info

  • Tax Annual Amount: 15423.0
  • Tax Book Number: 33047
  • Tax Lot: F9
  • Tax Map Number: 167
  • Tax Year: 2021

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
07/14/2022 07/14/22 Sold $1,265,000 0.0% $173 / Sq Ft
04/23/2022 04/23/22 Pending -- -- --
04/15/2022 04/15/22 For Sale $1,265,000 +237.3% $173 / Sq Ft
04/15/2016 04/15/16 Sold $375,000 -6.0% $51 / Sq Ft
01/13/2016 01/13/16 Pending -- -- --
01/07/2016 01/07/16 For Sale $399,000 -- $55 / 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: 1524876

Maine Listings

APN: PTLD M:167 B:F009001