NOT LISTED FOR SALE
-- Bed
6 Baths
5,451 Sq Ft
5,227 Sq Ft Lot

Last Sold August 26, 2021

Last sale price $1,300,000 $238 Per Sq Ft

7 Days on Market

Highlights

  • Scenic Views
  • No HOA
  • Level Lot
  • Wood Flooring
  • Coin Laundry
  • 1-minute walk to South Portland Farmers' Market

About This Home

As of August 2021

Rare opportunity to own this 6-unit building in this thriving Knightville location! Cared for by the same owner for 25 years with tenant friendly rents which allow for growth to current market rates. Some of the property features include six 2 bed/1 bath units, off street parking, partial water views and updated electrical. Close to local restaurants, coffee shops, marinas, brewpubs, walking trails and just a stones throw away from Downtown Portland. Please see MLS #1495096 for additional 6 units available to purchase at 68 B Street, South Portland.

Last Agent to Sell the Property

Chelsea Locke

Townsend Real Estate Listed on: 06/07/2021

Last Buyer's Agent

Debra Bell

Keller Williams Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,976

Year Built

  • Built in 1900

Lot Details

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

Home Design

  • Concrete Foundation
  • Block Foundation
  • Stone Foundation
  • Wood Frame Construction
  • Rolled or Hot Mop Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 5,451 Sq Ft Home
  • 3-Story Property
  • Scenic Vista Views

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 6 Full Bathrooms
  • Shower Only

Unfinished Basement

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

Parking

  • Driveway
  • Paved Parking
  • On-Site Parking
  • Reserved Parking

Utilities

  • No Cooling
  • Heating System Uses Natural Gas
  • Heating System Mounted To A Wall or Window
  • Gas Water Heater

Listing and Financial Details

  • Tax Lot 79
  • Assessor Parcel Number SPOR-000015-000000-000079

Community Details

Overview

  • No Home Owners Association
  • 6 Units
  • Knightville Subdivision

Amenities

  • Coin Laundry

Building Details

  • Operating Expense $13,698
  • Gross Income $104,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,976

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.12
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Subdivision Name: Knightville
  • Directions: From Casco Bay Bridge, left onto Erskine Dr., left onto Waterman Dr., right onto A St., 36 will be on right.
  • Above Grade Finished Sq Ft: 5451.0
  • Architectural Style: Other Style
  • Garage Yn: No
  • Building Stories: 3
  • Year Built: 1900
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.12
  • Property Information:Total Baths: 6.0
  • Property Information:SqFt Finished Above Grade: 5451.0
  • Property Information:Garage: No
  • Site:Level: Yes
  • Site:Open: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Cooling:None3: 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
  • Heat Fuel:Electric: Yes
  • Amenities:Shower: Yes
  • Basement:Unfinished: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Heat Fuel:Gas Natural: Yes
  • Floors:Laminate: Yes
  • Property Information:Number of Units: 6
  • Foundation Materials:Stone: Yes
  • Building Info:_pound_ Stories2: 3
  • Income Expenses Gross Income: 104400.0
  • Income Expenses Operating Expenses: 13697.78
  • Parking:On Site2: Yes
  • Foundation Materials:Block3: Yes
  • Parking:Paved3: Yes
  • Gas:Natural - At Street: Yes
  • Roof:RolledHot Mop: Yes
  • View:Scenic: Yes
  • Heat System:Direct Vent Heater: Yes
  • Amenities:Laundry - Coin: Yes
  • Parking Reserved2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Has Basement: Full, Interior Entry, Unfinished
  • Full Bathrooms: 6
  • Fireplace: No
  • Flooring: Wood, Laminate
  • Interior Amenities: Shower
  • Full Basement: Yes

Exterior Features

  • Lot Features: Level, Open Lot, Sidewalks, Near Shopping, Near Turnpike/Interstate, Near Town
  • View: Scenic
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Block, Stone, Concrete Perimeter
  • Roof: Rolled/Hot Mop

Garage/Parking

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

Utilities

  • Laundry Features: Laundry - Coin
  • Cooling: None
  • Cooling Y N: No
  • Heating: Direct Vent Heater
  • 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 #: SPOR-000015-000000-000079
  • Zoning: DZ

Multi Family

  • Number Of Units Total: 6
  • Annual Gross Income: 104400.0
  • Annual Operating Expense: 13697.78

Tax Info

  • Tax Annual Amount: 6976.0
  • Tax Book Number: 17739
  • Tax Lot: 79
  • Tax Map Number: 15
  • Tax Year: 2020

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
08/26/2021 08/26/21 Sold $1,300,000 +13.0% $238 / Sq Ft
06/15/2021 06/15/21 Pending -- -- --
06/07/2021 06/07/21 For Sale $1,150,000 -- $211 / 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: 1495094

Maine Listings