NOT LISTED FOR SALE
-- Bed
6 Baths
4,902 Sq Ft
5,663 Sq Ft Lot

Last Sold June 13, 2023

Last sale price $1,021,000 $208 Per Sq Ft

6 Days on Market

Highlights

  • View of Trees or Woods
  • Wood Flooring
  • No HOA
  • Deck
  • Main Floor Bedroom
  • 5-minute walk to Western Promenade

About This Home

As of June 2023

West End 6 unit ideally located next door to Maine Medical Center on a dead end street just steps from the park entrance and the Western Prom. Located across the street from a wooded area and next to the park makes it hard to believe this is on the coveted downtown peninsula and just a short walk to Hadlock Field, the Expo, Union Station Plaza and many area shops and restaurants. 1 mile from University of Southern Maine, 3 miles from the Portland Jetport and next door to the hospital all make this a highly desirable and easily rented apartment building. The property has vinyl siding, new rear decks, new front entry stairs and new side walkways plus a brand new roof in 2019. Brick foundation was repointed in several areas as needed. Natural gas heat and updated separated electrical panels. Tenants pay for their own heat & electricity. All the major work has been done. These units feature hardwood floors, period moldings and high ceilings. Most have updates in the kitchens and baths but some units could benefit from cosmetic upgrades. Situated on 5767 sq. ft lot in an R6 zone. Potential for expansion of existing units especially in the huge basement level area with very high ceilings or possibly adding unit(s). both 6 and 8 units are referenced in the town records. It is recommended that buyers check with the city directly about any possible changes to what exists currently. Some long term tenants in place with rents well below market. Group showings only.

Last Agent to Sell the Property

Teri Ouellette

Keller Williams Realty Listed on: 04/19/2023

Keller Williams Realty

Last Buyer's Agent

Kimberly Veilleux

Porta & Company

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,222

Year Built

  • Built in 1912

Lot Details

  • 5,663 Sq Ft Lot
  • Fenced
  • Lot Has A Rolling Slope

Parking

  • No Driveway

Home Design

  • Flat Roof Shape
  • Brick Foundation
  • Wood Frame Construction
  • Vinyl Siding

Interior Spaces

  • 4,902 Sq Ft Home
  • 2-Story Property
  • Wood Flooring
  • Views of Woods
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • 6 Full Bathrooms
  • Bathtub
  • Shower Only

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Natural lighting in basement

Utilities

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

Additional Features

  • Deck
  • City Lot

Listing and Financial Details

  • Legal Lot and Block 19 / E
  • Assessor Parcel Number PTLD-000064-E000019-000001

Community Details

Overview

  • No Home Owners Association
  • 6 Units

Amenities

  • Community Storage Space

Building Details

  • Operating Expense $27,258
  • Gross Income $99,120

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,222

Year Built

Built in 1912

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.13
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: Congress St to Gilman Near Maine Medical
  • Above Grade Finished Sq Ft: 4902.0
  • Architectural Style: Multi-Level
  • Garage Yn: No
  • Building Stories: 2
  • Year Built: 1912
  • Location Information:Leased Land: No
  • Contract Information:List PriceSqFt: 193.8
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.13
  • Property Information:Total Baths: 6.0
  • Property Information:SqFt Finished Above Grade: 4902.0
  • Property Information:Garage: No
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Basement:Daylight: Yes
  • Cooling:None3: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Basement Entry:Walk-Out: Yes
  • Water Heater:Gas: Yes
  • Amenities:Fence: Yes
  • Amenities:Storage: Yes
  • Exterior:Vinyl Siding: Yes
  • Gas:Natural - On Site: Yes
  • Amenities:Laundry - Hookup: Yes
  • Amenities:Shower: Yes
  • Basement:Unfinished: Yes
  • Heat Fuel:Gas Natural: Yes
  • Property Information:Number of Units: 6
  • Foundation Materials:BrickMortar2: Yes
  • Building Info:_pound_ Stories2: 2
  • Income Expenses Gross Income: 99120.0
  • Income Expenses Operating Expenses: 27258.0
  • Style:Multi-Level: Yes
  • Amenities:Bathtub: Yes
  • Property Information:Short Sale Continue to Show: No
  • View:TreesWoods: Yes
  • Site:RollingSloping: Yes
  • Driveway:No Driveway: Yes
  • Property Information:Bank Owned REO: No
  • Equipment:Cable: Yes
  • Heat System:Direct Vent Heater: Yes
  • Parking:No Parking: Yes
  • Roof:Flat: Yes
  • Building Info:_pound_ Floors3: 2
  • Advertising Remarks:Advertising Remarks: West End 6 unit ideally located next door to Maine Medical Center on a dead end street just steps from the park entrance and the Western Prom. Located across the street from a wooded area and next to the park makes it hard to believe this is on the coveted downtown peninsula and just a short walk to Hadlock Field, the Expo, Union Station Plaza and many area shops and restaurants. 1 mile from University of Southern Maine, 3 miles from the Portland Jetport and next door to the hospital all make this a highly desirable and easily rented apartment building. The property has vinyl siding, new rear decks, new front entry stairs and new side walkways plus a brand new roof in 2019. Brick foundation was repointed in several areas as needed. Natural gas heat and updated separated electrical panels. Tenants pay for their own heat & electricity. All the major work has been done. These units feature hardwood floors, period moldings and high ceilings. Most have updates in the kitchens and baths but some units could benefit from cosmetic upgrades. Situated on 5767 sq. ft lot in an R6 zone. Potential for expansion of existing units especially in the huge basement level area with very high ceilings or possibly adding unit(s). both 6 and 8 units are referenced in the town records. It is recommended that buyers check with the city directly about any possible changes to what exists currently. Some long term tenants in place with rents well below market. Group showings only.
  • Property Information 2 Detached Houses on 1 Lot: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Has Basement: Daylight, Full, Walk-Out Access, Unfinished
  • Full Bathrooms: 6
  • Fireplace: No
  • Flooring: Wood
  • Interior Amenities: 1st Floor Bedroom, Bathtub, Shower, Storage
  • Stories: 2
  • Full Basement: Yes

Exterior Features

  • Fencing: Fenced
  • Lot Features: Rolling Slope, Intown
  • View: Trees/Woods
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Brick/Mortar
  • Patio And Porch Features: Deck
  • Roof: Flat
  • Patio And Porch Features:Deck: Yes

Garage/Parking

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

Utilities

  • Laundry Features: Washer Hookup
  • Cooling: None
  • Cooling Y N: No
  • Heating: Direct Vent Heater
  • 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: 5662.8
  • Parcel #: PTLD-000064-E000019-000001
  • Zoning: R6

Multi Family

  • Number Of Units Total: 6
  • Annual Gross Income: 99120.0
  • Annual Operating Expense: 27258.0

Tax Info

  • Tax Annual Amount: 13222.0
  • Tax Block: E
  • Tax Lot: 19
  • Tax Year: 2022

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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 List to Sale Price per Sq Ft
06/13/2023 06/13/23 Sold $1,021,000 +7.5% $208 / Sq Ft
04/25/2023 04/25/23 Pending -- -- --
04/19/2023 04/19/23 For Sale $950,000 -- $194 / 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: 1556605

Maine Listings