NOT LISTED FOR SALE
5 Beds
5 Baths
3,600 Sq Ft
0.25 Acres

Last Sold June 16, 2023

Last sale price $895,000 $249 Per Sq Ft

Highlights

  • Wood Flooring
  • Victorian Architecture
  • Hot Water Heating System
  • Longfellow School-Portland Rated 10
  • No HOA

About This Home

As of June 2023

Welcome to this beautifully-maintained multi-unit property is now available and offers a unique investment opportunity. Featuring three separate units, this property is perfect for investors or owner-occupants looking to live in one unit and rent out the others.

Unit 1 is a spacious and bright three-bedroom apartment with hardwood floors, high ceilings, and plenty of natural light. The unit boasts a large living room, an updated kitchen with stainless steel appliances, and a full bathroom. .

Unit 2 is a unique 3 bedroom, 3 bathroom layout with a spacious kitchen. This unit also features hardwood floors and ample natural light throughout. A private deck off the back of the unit is perfect for enjoying morning coffee or relaxing after a long day

Unit 3 is a charming studio apartment with hardwood floors and a full bathroom. The unit features a cozy kitchenette and a spacious living area with plenty of natural light. This unit is perfect for a single person or couple looking for an affordable and comfortable living space.

All three units have separate entrances and utilities, ensuring privacy and independence for tenants. The property also features a shared backyard, perfect for outdoor gatherings or relaxing in the sunshine.

Located in the desirable Deering Center neighborhood, this property is within walking distance to local shops, restaurants, and parks. The University of Southern Maine and downtown Portland are just a short drive away, making this property a convenient and desirable location for renters.

Don't miss this opportunity to own a charming and well-maintained multi-unit property in the heart of Deering Center. Schedule your showing today!

Last Agent to Sell the Property

Allessandra Malone

Waypoint Brokers Collective Brokerage Email: ali@waypointbrokers.com Listed on: 06/16/2023

Last Buyer's Agent

Taylor McFarlane

Portside Real Estate Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,452

Year Built

  • Built in 1900

Lot Details

  • 0.25

Home Design

  • Victorian Architecture
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 5 Full Bathrooms
  • 3,600 Sq Ft Home
  • Wood Flooring

Basement

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

Parking

  • Common or Shared Parking
  • Shared Driveway
  • Paved Parking

Utilities

  • No Cooling
  • Radiator
  • Heating System Uses Natural Gas
  • Hot Water Heating System
  • Gas Water Heater

Additional Features

  • 0.25 Acre Lot
  • City Lot

Listing and Financial Details

  • Legal Lot and Block 21 / E
  • Assessor Parcel Number PTLD-000135-E000021-000001

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • Operating Expense $16,610
  • Gross Income $78,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,452

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.25
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: From Pleasant Ave, to Stevens Ave, turn left of Brentwood.
  • Above Grade Finished Sq Ft: 3600.0
  • Architectural Style: Victorian
  • Garage Yn: No
  • Year Built: 1900
  • Attribution Contact: ali@waypointbrokers.com
  • Location Information:Leased Land: No
  • Contract Information:List PriceSqFt: 248.61
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.25
  • Property Information:Total Baths: 5.0
  • Property Information:SqFt Finished Above Grade: 3600.0
  • Property Information:Garage: No
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Hot Water: Yes
  • Cooling:None3: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Water Heater:Gas: Yes
  • Exterior:Vinyl Siding: Yes
  • Driveway:Common2: Yes
  • Heat Fuel:Gas Natural: Yes
  • Property Information:Number of Units: 3
  • Income Expenses Gross Income: 78800.0
  • Income Expenses Operating Expenses: 16610.0
  • Gas:Natural - At Street: Yes
  • Heat System:Radiator: Yes
  • Advertising Remarks:Advertising Remarks: Welcome to this beautifully-maintained multi-unit property is now available and offers a unique investment opportunity. Featuring three separate units, this property is perfect for investors or owner-occupants looking to live in one unit and rent out the others. Unit 1 is a spacious and bright three-bedroom apartment with hardwood floors, high ceilings, and plenty of natural light. The unit boasts a large living room, an updated kitchen with stainless steel appliances, and a full bathroom. . Unit 2 is a unique 3 bedroom, 3 bathroom layout with a spacious kitchen. This unit also features hardwood floors and ample natural light throughout. A private deck off the back of the unit is perfect for enjoying morning coffee or relaxing after a long day Unit 3 is a charming studio apartment with hardwood floors and a full bathroom. The unit features a cozy kitchenette and a spacious living area with plenty of natural light. This unit is perfect for a single person or couple looking for an affordable and comfortable living space. All three units have separate entrances and utilities, ensuring privacy and independence for tenants. The property also features a shared backyard, perfect for outdoor gatherings or relaxing in the sunshine. Located in the desirable Deering Center neighborhood, this property is within walking distance to local shops, restaurants, and parks. The University of Southern Maine and downtown Portland are just a short drive away, making this property a convenient and desirable location for renters. Don't miss this opportunity to own a charming and well-maintained multi-unit property in the heart of Deering Center. Schedule your showing today!
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Full, Exterior Entry, Bulkhead
  • Full Bathrooms: 5
  • Flooring: Wood
  • Full Basement: Yes

Exterior Features

  • Lot Features: Sidewalks, Intown, Near Town, Neighborhood
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Roof: Shingle

Garage/Parking

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

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Radiator, Hot Water
  • 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: 10890.0
  • Parcel #: PTLD-000135-E000021-000001
  • Zoning: R5

Multi Family

  • Number Of Units Total: 3
  • Annual Gross Income: 78800.0
  • Annual Operating Expense: 16610.0

Tax Info

  • Tax Annual Amount: 8452.0
  • Tax Block: E
  • Tax Lot: 21
  • 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 Prior Sale
06/16/2023 06/16/23 Sold $895,000 0.0% $249 / Sq Ft
06/16/2023 06/16/23 For Sale $895,000 +72.1% $249 / Sq Ft
05/15/2023 05/15/23 Pending -- -- --
05/30/2018 05/30/18 Sold $520,000 -1.0% $144 / Sq Ft View Prior Sale
04/17/2018 04/17/18 For Sale $525,000 -- $146 / Sq Ft
04/15/2018 04/15/18 Pending -- -- --
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: 1562411

Maine Listings

APN: PTLD 135-E021001