NOT LISTED FOR SALE
8 Beds
4 Baths
2,923 Sq Ft
4,356 Sq Ft Lot

Last Sold December 16, 2020

Last sale price $506,000 $173 Per Sq Ft

43 Days on Market

Highlights

  • New Englander Architecture
  • Porch
  • Carpet
  • No HOA
  • Level Lot
  • Heating System Uses Natural Gas

About This Home

As of December 2020

Fully rented, recently renovated, cash-flowing 4-Unit Apartment in the heart of Portland. Conveniently located right off of Congress and I-295. This building provides a bit of history along with newer heating systems, updated kitchen, bathrooms and floors. Four 1-bedroom apartments with additional space for potential addition or growth. Book your showing today and make sure you walk through the 3D Tour.

Last Agent to Sell the Property

Michael Hamilton

Keller Williams Realty Listed on: 10/16/2020

Keller Williams Realty

Last Buyer's Agent

Ezra Provost

Benchmark Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,459

Year Built

  • Built in 1900

Lot Details

  • 4,356 Sq Ft Lot
  • Level Lot

Home Design

  • 2,923 Sq Ft Home
  • New Englander Architecture
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Flooring

  • Carpet
  • Vinyl

Basement

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

Parking

  • Driveway
  • Paved Parking
  • On-Site Parking
  • Off-Street Parking

Utilities

  • No Cooling
  • Heating System Uses Natural Gas
  • Electric Water Heater

Additional Features

  • 4 Full Bathrooms
  • Porch
  • City Lot

Listing and Financial Details

  • Tax Lot A-10
  • Assessor Parcel Number PTLD-000065-000000-A010001

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • Operating Expense $26,126
  • Gross Income $43,521

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,459

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.1
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Above Grade Finished Sq Ft: 2923.0
  • Architectural Style: New Englander
  • Garage Yn: No
  • Year Built: 1900
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.1
  • Property Information:Total Baths: 4.0
  • Property Information:SqFt Finished Above Grade: 2923.0
  • Property Information:Garage: No
  • Site:Level: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Parking:Off Street: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Exterior:Vinyl Siding: Yes
  • Gas:Natural - On Site: Yes
  • Water Heater:Electric2: Yes
  • Heat Fuel:Gas Natural: Yes
  • Property Information:Number of Units: 4
  • Income Expenses Gross Income: 43521.0
  • Income Expenses Operating Expenses: 26125.52
  • Parking:On Site2: Yes
  • Property Information:Short Sale Continue to Show: No
  • Property Information:Deed Restrictions: Unknown
  • Property Information:Bank Owned REO: No
  • Style:New Englander: Yes
  • Property Information 2 Detached Houses on 1 Lot: No
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Full, Interior Entry
  • Full Bathrooms: 4
  • Flooring: Vinyl, Carpet
  • Full Basement: Yes

Exterior Features

  • Lot Features: Level, Intown, Neighborhood
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Patio And Porch Features: Porch
  • Roof: Shingle
  • Patio and Porch Features:Porch: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: 1 - 4 Spaces, Paved, On Site, Off Street

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Air
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 4356.0
  • Parcel #: PTLD-000065-000000-A010001
  • Zoning: R6

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 43521.0
  • Annual Operating Expense: 26125.52

Tax Info

  • Tax Annual Amount: 6459.0
  • Tax Book Number: 29797
  • Tax Lot: A-10
  • Tax Map Number: 65
  • Tax Year: 2019

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
12/16/2020 12/16/20 Sold $506,000 -8.0% $173 / Sq Ft
10/30/2020 10/30/20 Pending -- -- --
09/16/2020 09/16/20 For Sale $550,000 -- $188 / 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: 1469151

Maine Listings

APN: PTLD 065-A010001