NOT LISTED FOR SALE

22 Runnells St Portland, ME 04103

Deering Center Neighborhood
-- Bed
5 Baths
4,786 Sq Ft
5,227 Sq Ft Lot

Last Sold February 10, 2023

Last sale price $890,000 $186 Per Sq Ft

15 Days on Market

Highlights

  • Wood Flooring
  • 1 Car Detached Garage
  • Baseboard Heating
  • No HOA
  • Landscaped
  • Asbestos

About This Home

As of February 2023

This unique Rosemont property has a quality that will be recognized immediately by those who tour it. Buyers looking for a long term investment or to owner-occupy in this sought after location should come see this gem. The location is rare for a multi-family as it fronts on two quiet streets, Runnells and Montrose. The Runnells side has a garage with two additional shed-like flanks on each side for extra storage, and a charming little patio. The Montrose side has a large and newly paved parking area for the residents. Inside, the apartments have the quiet quality of a nice, classic home, with generous layouts and solid construction. This is the kind of property that veteran property owners like to own. The abundant storage and usable basement space (recognized by the city) create opportunities for added income or personal use. Some buyers may find it appealing to convert the property back into a 4 unit for the preferred financing options and owner-occupied rent control exclusion.

Last Agent to Sell the Property

Brit Vitalius

Vitalius Real Estate Group, LLC Listed on: 01/04/2023

Co-Listed By

Chris Sullivan

Vitalius Real Estate Group, LLC

Last Buyer's Agent

Margaret Ellis

Townsend Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,172

Year Built

  • Built in 1900

Lot Details

  • 5,227 Sq Ft Lot
  • Landscaped
  • Level Lot
  • Open Lot

Parking

  • 1 Car Detached Garage
  • Driveway
  • Off-Street Parking

Home Design

  • Wood Frame Construction
  • Shingle Roof
  • Wood Siding
  • Asbestos Siding
  • Asbestos

Interior Spaces

  • 5 Full Bathrooms
  • 4,786 Sq Ft Home
  • Multi-Level Property

Flooring

  • Wood
  • Laminate

Finished Basement

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

Utilities

  • No Cooling
  • Heating System Uses Natural Gas
  • Heating System Uses Oil
  • Heating System Mounted To A Wall or Window
  • Baseboard Heating
  • Hot Water Heating System

Listing and Financial Details

  • Legal Lot and Block 2-3 / G
  • Assessor Parcel Number PTLD-000176-G000002-000001

Community Details

Overview

  • No Home Owners Association
  • 5 Units

Building Details

  • Operating Expense $29,435
  • Gross Income $98,880

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,172

Year Built

Built in 1900

Lot Details

0

Parking

1

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: 4786.0
  • Architectural Style: Multi-Level
  • Garage Yn: Yes
  • Year Built: 1900
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.12
  • Property Information:Total Baths: 5.0
  • Property Information:SqFt Finished Above Grade: 4786.0
  • Property Information:Garage: Yes
  • Site:Level: Yes
  • Site:Open: Yes
  • Site:Well Landscaped: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Percent Basement Finished: Yes
  • Basement:Walkout Access: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Hot Water: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Wood3: Yes
  • Parking:Off Street: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Basement Entry:Walk-Out: Yes
  • Property Information:Garage Spaces: 1.0
  • Heat Fuel:Electric: Yes
  • Vehicle Storage:Detached: Yes
  • Basement:Unfinished: Yes
  • Heat Fuel:Gas Natural: Yes
  • Floors:Laminate: Yes
  • Property Information:Number of Units: 5
  • Income Expenses Gross Income: 98880.0
  • Income Expenses Operating Expenses: 29435.0
  • Parking:On Site2: Yes
  • Style:Multi-Level: Yes
  • Exterior:Wood Siding: Yes
  • Gas:Natural - At Street: Yes
  • Exterior:Asbestos: Yes
  • Heat System:Direct Vent Furnace: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Walk-Out Access, Finished, Full, Interior Entry, Unfinished
  • Full Bathrooms: 5
  • Flooring: Wood, Laminate
  • Full Basement: Yes

Exterior Features

  • Lot Features: Level, Open Lot, Sidewalks, Landscaped, Near Shopping, Near Turnpike/Interstate, Near Town
  • Waterfront: No
  • Construction Type: Wood Siding, Asbestos, Wood Frame
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: 5 - 10 Spaces, Paved, On Site, Detached, Off Street

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water, Direct Vent Furnace, Baseboard
  • 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: 5227.2
  • Parcel #: PTLD-000176-G000002-000001
  • Zoning: R5

Multi Family

  • Number Of Units Total: 5
  • Annual Gross Income: 98880.0
  • Annual Operating Expense: 29435.0

Tax Info

  • Tax Annual Amount: 12172.0
  • Tax Block: G
  • Tax Book Number: 34328
  • Tax Lot: 2-3
  • Tax Map Number: 176
  • 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
02/10/2023 02/10/23 Sold $890,000 -0.6% $186 / Sq Ft
01/19/2023 01/19/23 Pending -- -- --
01/04/2023 01/04/23 For Sale $895,000 -- $187 / Sq Ft
Source: Maine Listings

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Brit Vitalius

    Seller's Agent in 2023

    Brit Vitalius

    Vitalius Real Estate Group, LLC

    (207) 318-2555

    9 in this area

    175 Total Sales

    Section Image
  • Chris Sullivan

    Seller Co-Listing Agent in 2023

    Chris Sullivan

    Vitalius Real Estate Group, LLC

    (207) 730-0884

    6 in this area

    130 Total Sales

    Section Image

  • M

    Buyer's Agent in 2023

    Margaret Ellis

    Townsend Real Estate

See All Agents

Map

Source: Maine Listings

MLS Number: 1550439

Maine Listings

Maine Cumberland County Portland 04103 Deering Center

22 Runnells St, Portland, ME

This home is located at 22 Runnells St, Portland, ME 04103 since 04 January 2023. This property was built in 1900. 22 Runnells St is a home located in Cumberland County with nearby schools including Longfellow School-Portland, Lincoln Middle School, and Breakwater School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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