NOT LISTED FOR SALE

28 High St Portland, ME 04101

West End Neighborhood
-- Bed
7 Baths
6,864 Sq Ft
5,227 Sq Ft Lot

Last Sold June 16, 2022

Last sale price $1,675,001 $244 Per Sq Ft

19 Days on Market

Highlights

  • Property Fronts a Bay or Harbor
  • Wood Flooring
  • Cooling Available
  • Deck
  • No HOA
  • 4-minute walk to Pleasant Street Park

About This Home

As of June 2022

7-unit multi-family building totaling 6,864± SF, Efficient layout with 6 large two-bedroom units spanning from
front to back and 1 oversized one-bedroom. Exceptional opportunity for long-term investment, condo
conversion or owner-occupancy
Equipped with 4 to 5 off-street parking spaces, tenant storage,
and a mix of in-unit and common laundry
9 covered decks with views of Casco Bay and the City skyline. 100% occupied with market rental units. Walkable to Portland's Arts, Waterfront, and Old Port districts.

Last Agent to Sell the Property

Tim Millett

Porta & Company Listed on: 02/04/2022

Last Buyer's Agent

Cheri Bonawitz

Malone Commercial Brokers, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $15,731

Year Built

  • Built in 1910

Lot Details

  • 5,227 Sq Ft Lot
  • Property Fronts a Bay or Harbor
  • Landscaped

Home Design

  • Brick Exterior Construction
  • Membrane Roofing
  • Wood Siding

Interior Spaces

  • 7 Full Bathrooms
  • 6,864 Sq Ft Home
  • 3-Story Property
  • Wood Flooring
  • Water Views

Laundry

  • Laundry on main level
  • Washer and Dryer Hookup

Basement

  • Walk-Out Basement
  • Interior Basement Entry

Parking

  • Driveway
  • Paved Parking
  • Off-Street Parking

Utilities

  • Cooling Available
  • Heating System Uses Natural Gas
  • Hot Water Heating System
  • Gas Water Heater

Additional Features

  • Deck
  • City Lot

Listing and Financial Details

  • Legal Lot and Block 9 / A
  • Assessor Parcel Number 28HighStreetPortlandMaine04101

Community Details

Overview

  • No Home Owners Association
  • 7 Units

Amenities

  • Coin Laundry
  • Community Storage Space

Building Details

  • Operating Expense $50,697
  • Gross Income $144,895

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,731

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.12
  • Road Surface Type: Paved
  • Water Body Name: Casco Bay
  • MLS Status: Closed
  • Above Grade Finished Sq Ft: 6864.0
  • Architectural Style: Multi-Level
  • Garage Yn: No
  • Building Stories: 3
  • Year Built: 1910
  • Location Information:Leased Land: No
  • Property Information:Lot Size Acres -: 0.12
  • Property Information:Total Baths: 7.0
  • Property Information:SqFt Finished Above Grade: 6864.0
  • Property Information:Garage: No
  • Site:Well Landscaped: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: Yes
  • Heat System:Hot Water: 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
  • Water Heater:Gas: Yes
  • Amenities:Storage: Yes
  • Gas:Natural - On Site: Yes
  • Amenities:Laundry - Hookup: Yes
  • Heat Fuel:Gas Natural: Yes
  • Amenities:Laundry - 2nd Floor: Yes
  • Property Information:Number of Units: 7
  • Building Info:_pound_ Stories2: 3
  • Income Expenses Gross Income: 144895.0
  • Income Expenses Operating Expenses: 50697.03
  • Style:Multi-Level: Yes
  • Exterior:Wood Siding: Yes
  • Amenities:Laundry - 1st Floor: Yes
  • Exterior:Brick: Yes
  • Roof:Membrane: Yes
  • Building Info:_pound_ Floors3: 4
  • Amenities:Laundry - Coin: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Has Basement: Other, Interior Entry, Walk-Out Access
  • Full Bathrooms: 7
  • Flooring: Wood
  • Interior Amenities: Storage
  • Stories: 4

Exterior Features

  • Lot Features: Sidewalks, Landscaped, Intown
  • Waterfront Features: Bay
  • Waterfront: No
  • Construction Type: Wood Siding, Brick, Other
  • Patio And Porch Features: Deck
  • Roof: Membrane
  • Patio And Porch Features:Deck: Yes

Garage/Parking

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

Utilities

  • Laundry Features: Laundry - 1st Floor, Upper Level, Main Level, Washer Hookup, Laundry - Coin
  • Cooling: Other
  • Cooling Y N: Yes
  • Heating: 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: 5227.2
  • Parcel #: 28HighStreetPortlandMaine04101
  • Zoning: R6

Multi Family

  • Number Of Units Total: 7
  • Annual Gross Income: 144895.0
  • Annual Operating Expense: 50697.03

Tax Info

  • Tax Annual Amount: 15730.89
  • Tax Block: A
  • Tax Book Number: 31608
  • Tax Lot: 9
  • Tax Map Number: 44
  • 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
06/16/2022 06/16/22 Sold $1,675,001 +3.1% $244 / Sq Ft
02/24/2022 02/24/22 Pending -- -- --
02/04/2022 02/04/22 For Sale $1,625,000 -- $237 / Sq Ft
Source: Maine Listings

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Tim Millett

    Seller's Agent in 2022

    Tim Millett

    Porta & Company

    (207) 608-0674

    1 in this area

    26 Total Sales

    Tim Millett
    Section Image
  • Cheri Bonawitz

    Buyer's Agent in 2022

    Cheri Bonawitz

    Malone Commercial Brokers, Inc.

    (207) 210-6638

    1 in this area

    34 Total Sales

    Cheri Bonawitz
    Section Image
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Map

Source: Maine Listings

MLS Number: 1519160

Maine Listings

Maine Cumberland County Portland 04101 West End

28 High St, Portland, ME

This home is located at 28 High St, Portland, ME 04101 since 04 February 2022. This property was built in 1910. 28 High St is a home located in Cumberland County with nearby schools including Reiche Community School, King Middle School, and Baxter Academy for Tech & Sciences.

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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