NOT LISTED FOR SALE

29 Pleasant Ave Portland, ME 04103

Deering Center Neighborhood
3 Beds
8 Baths
7,280 Sq Ft
0.35 Acres

Last Sold June 30, 2023

Last sale price $1,300,000 $179 Per Sq Ft

7 Days on Market

Highlights

  • 0.35 Acre Lot
  • Wood Flooring
  • Hot Water Heating System
  • Longfellow School-Portland Rated 10
  • No HOA
  • Open Lot

About This Home

As of June 2023

Rare 8-unit investment opportunity in Deering neighborhood. Tenants love the spacious apartments, many of which have had various cosmetic updates in recent years. There's ample parking with driveways on either side of the building, plus a large attached barn which could provide additional income as storage or shop space! Professionally managed and operated, this'll be a great addition to your investment portfolio.

Last Agent to Sell the Property

Brit Vitalius

Vitalius Real Estate Group, LLC Listed on: 04/10/2023

Co-Listed By

Chris Sullivan

Vitalius Real Estate Group, LLC

Last Buyer's Agent

David Courtney

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,606

Year Built

  • Built in 1900

Lot Details

  • 0.35 Acre Lot
  • Open Lot

Home Design

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

Interior Spaces

  • 8 Full Bathrooms
  • 7,280 Sq Ft Home
  • Multi-Level Property
  • Unfinished Basement
  • Interior Basement Entry

Flooring

  • Wood
  • Laminate
  • Tile

Parking

  • Driveway
  • Paved Parking

Utilities

  • No Cooling
  • Heating System Uses Natural Gas
  • Heat Pump System
  • Hot Water Heating System
  • Gas Water Heater

Listing and Financial Details

  • Legal Lot and Block 5-8 / I
  • Assessor Parcel Number 29PleasantAvenuePortland04103

Community Details

Overview

  • No Home Owners Association
  • 8 Units

Building Details

  • Operating Expense $48,970
  • Gross Income $115,812

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,606

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.35
  • 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: 7280.0
  • Architectural Style: Multi-Level
  • Garage Yn: No
  • Year Built: 1900
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.35
  • Property Information:Total Baths: 8.0
  • Property Information:SqFt Finished Above Grade: 7280.0
  • Property Information:Garage: No
  • Site:Open: Yes
  • 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:Tile2: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Water Heater:Gas: Yes
  • Exterior:Vinyl Siding: Yes
  • Water Heater:Electric2: Yes
  • Basement:Unfinished: Yes
  • Heat Fuel:Gas Natural: Yes
  • Floors:Laminate: Yes
  • Property Information:Number of Units: 8
  • Income Expenses Gross Income: 115812.0
  • Income Expenses Operating Expenses: 48970.0
  • Style:Multi-Level: Yes
  • Exterior:Wood Siding: Yes
  • Gas:Natural - At Street: Yes
  • Water Heater:Heat Pump2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Interior Entry, Unfinished
  • Full Bathrooms: 8
  • Flooring: Wood, Tile, Laminate

Exterior Features

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

Garage/Parking

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

Utilities

  • Cooling: None
  • Cooling Y N: No
  • 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: 15246.0
  • Parcel #: 29PleasantAvenuePortland04103
  • Zoning: R5

Multi Family

  • Number Of Units Total: 8
  • Annual Gross Income: 115812.0
  • Annual Operating Expense: 48970.0

Tax Info

  • Tax Annual Amount: 14606.0
  • Tax Block: I
  • Tax Book Number: 31033
  • Tax Lot: 5-8
  • Tax Map Number: 130
  • 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
06/30/2023 06/30/23 Sold $1,300,000 +18.2% $179 / Sq Ft
04/17/2023 04/17/23 Pending -- -- --
04/10/2023 04/10/23 For Sale $1,100,000 -- $151 / 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

    Brit Vitalius
    Section Image
  • Chris Sullivan

    Seller Co-Listing Agent in 2023

    Chris Sullivan

    Vitalius Real Estate Group, LLC

    (207) 730-0884

    6 in this area

    128 Total Sales

    Chris Sullivan
    Section Image

  • D

    Buyer's Agent in 2023

    David Courtney

    Coldwell Banker Realty

    (207) 773-1990

    1 in this area

    10 Total Sales

    David Courtney
    Section Image
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Map

Source: Maine Listings

MLS Number: 1555809

Maine Listings

APN: PTLD 087-L009001

Maine Cumberland County Portland 04103 Deering Center

29 Pleasant Ave, Portland, ME

This home is located at 29 Pleasant Ave, Portland, ME 04103 since 10 April 2023. This property was built in 1900. 29 Pleasant Ave is a home located in Cumberland County with nearby schools including Longfellow School-Portland, Lincoln Middle School, and Levey Day 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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