J
Seller's Agent in 2015
John Murton
Keller Williams Realty
12 Gilman St Portland, ME 04102
Valley Street Neighborhood
--
Bed
8
Baths
6,202
Sq Ft
5,663
Sq Ft Lot
Highlights
- Property is near public transit
- No HOA
- High-Efficiency Water Heater
- Wood Flooring
- Double Pane Windows
- 5-minute walk to Western Promenade
About This Home
As of November 2015Solid 8 unit, on quiet West End street near Maine Medical Center and the Western Promenade. Stable tenants under leases & security deposits. Great income ($78,600) with rents below market. Very economical to operate with new, highly efficient gas fired Rinnai boilers and on demand hot water to the units. ($21,256 operating expenses.) Updated electrical service and wiring throughout. Minor cosmetic improvements to some apartments would create tremendous upside potential. Don't miss this opportunity.
Last Agent to Sell the Property
John Murton
Keller Williams Realty Listed on: 07/27/2015
Last Buyer's Agent
James Ernst
Downeast Realty, Inc.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,588
Year Built
- Built in 1910
Lot Details
- 5,663 Sq Ft Lot
Parking
- No Driveway
Home Design
- Wood Frame Construction
- Shingle Roof
- Composition Roof
- Vinyl Siding
Interior Spaces
- 8 Full Bathrooms
- 6,202 Sq Ft Home
- 3-Story Property
- Double Pane Windows
Flooring
- Wood
- Tile
- Vinyl
Unfinished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
- Partial Basement
Location
- Property is near public transit
- City Lot
Utilities
- No Cooling
- Forced Air Heating System
- Heating System Uses Natural Gas
- High-Efficiency Furnace
- Baseboard Heating
- Hot Water Heating System
- High-Efficiency Water Heater
- Gas Water Heater
- Internet Available
- Cable TV Available
Listing and Financial Details
- Legal Lot and Block 20 / E
- Assessor Parcel Number PTLD-000064-000000-E020001
Community Details
Overview
- No Home Owners Association
- 8 Units
- West End Subdivision
Amenities
- Coin Laundry
Building Details
- Operating Expense $21,256
- Gross Income $78,600
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/05/2015 11/05/15 | Sold | $575,000 | -11.5% | $93 / Sq Ft |
| 10/29/2015 10/29/15 | Pending | -- | -- | -- |
| 05/14/2015 05/14/15 | For Sale | $650,000 | -- | $105 / Sq Ft |
Source: Maine Listings
Tax History Compared to Growth
Agents Affiliated with this Home
-
-
J
Buyer's Agent in 2015
James Ernst
Downeast Realty, Inc.
Map
Source: Maine Listings
MLS Number: 1215440
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