NOT LISTED FOR SALE

37 Smith St Portland, ME 04101

East Bayside Neighborhood
11 Beds
4 Baths
4,077 Sq Ft
5,663 Sq Ft Lot

Last Sold April 22, 2022

Last sale price $940,000 $231 Per Sq Ft

9 Days on Market

Highlights

  • Water Views
  • Property Near A Cove
  • Wood Flooring
  • 0.13 Acre Lot
  • Property is near public transit
  • 1-minute walk to Peppermint Park

About This Home

As of April 2022

Solid investment or owner occupied 4-unit in East Bayside. Each unit has been updated over the past several years including a newly installed high efficiency boiler. The building includes an oversized end unit spread out over three floors that would make an ideal home for someone who wishes to occupy the building. Parking for up to 5 vehicles, a spacious and private yard all within close proximity to downtown. This building also includes a fifth studio unit with half bath that is not rented or recognized by the City, but makes for great spillover space or artist's studio. There are multiple income streams available to the savvy buyer for this unique property.

Last Agent to Sell the Property

Jed Rathband

Keller Williams Realty Listed on: 01/20/2022

Keller Williams Realty

Co-Listed By

Isa Rathband

Keller Williams Realty

Last Buyer's Agent

Heather Mayer

Portside Real Estate Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,443

Year Built

  • Built in 1850

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Has A Rolling Slope

Home Design

  • Brick Foundation
  • Block Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 4 Full Bathrooms
  • 4,077 Sq Ft Home
  • 3-Story Property
  • Water Views

Flooring

  • Wood
  • Laminate
  • Vinyl

Unfinished Basement

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

Parking

  • Gravel Driveway
  • On-Site Parking

Outdoor Features

  • Property Near A Cove

Location

  • Property is near public transit
  • City Lot

Utilities

  • No Cooling
  • Heating System Uses Natural Gas
  • Baseboard Heating
  • Hot Water Heating System
  • Internet Available

Listing and Financial Details

  • Legal Lot and Block 4 / L
  • Assessor Parcel Number PTLD-000022-L000014-000001

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • East Bayside Subdivision

Building Details

  • Operating Expense $18,691
  • Gross Income $74,256

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,443

Year Built

Built in 1850

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.13
  • Road Surface Type: Paved
  • Water Body Name: Back Cove
  • Co List Office Mls Id: 1898
  • Co List Office Phone: 207-879-9800
  • MLS Status: Closed
  • Subdivision Name: East Bayside
  • Directions: Between Cumberland Ave and E. Oxford St.
  • Above Grade Finished Sq Ft: 4077.0
  • Architectural Style: Multi-Level
  • Garage Yn: No
  • Year Built: 1850
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.13
  • Property Information:Total Baths: 4.0
  • Property Information:SqFt Finished Above Grade: 4077.0
  • Property Information:Garage: No
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: Yes
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Hot Water: Yes
  • Cooling:None3: Yes
  • Floors:Vinyl: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Basement Entry:Interior: Yes
  • Exterior:Vinyl Siding: Yes
  • Gas:Natural - On Site: Yes
  • Basement:Unfinished: Yes
  • Heat Fuel:Gas Natural: Yes
  • Floors:Laminate: Yes
  • Property Information:Number of Units: 4
  • Foundation Materials:BrickMortar2: Yes
  • Income Expenses Gross Income: 74256.0
  • Income Expenses Operating Expenses: 18691.0
  • Parking:On Site2: Yes
  • Style:Multi-Level: Yes
  • Foundation Materials:Block3: Yes
  • Basement:Dirt Floor: Yes
  • Driveway:Gravel: Yes
  • Equipment:Internet Access Available: Yes
  • Site:RollingSloping: Yes
  • Transportation:Public Transport Access: Yes
  • Building Info:_pound_ Floors3: 3
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Dirt Floor, Full, Interior Entry, Unfinished
  • Full Bathrooms: 4
  • Flooring: Wood, Vinyl, Laminate
  • Stories: 3
  • Full Basement: Yes

Exterior Features

  • Lot Features: Rolling Slope, Sidewalks, Intown, Near Shopping, Neighborhood, Near Public Transit
  • Waterfront Features: Cove
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Block, Brick/Mortar
  • Roof: Shingle

Garage/Parking

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

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water, Baseboard
  • 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: 5662.8
  • Parcel #: PTLD-000022-L000014-000001
  • Zoning: R6

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 74256.0
  • Annual Operating Expense: 18691.0

Tax Info

  • Tax Annual Amount: 6443.0
  • Tax Block: L
  • Tax Book Number: 32508
  • Tax Lot: 4
  • Tax Map Number: 22
  • 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
04/22/2022 04/22/22 Sold $940,000 +1.6% $231 / Sq Ft
01/30/2022 01/30/22 Pending -- -- --
01/20/2022 01/20/22 For Sale $925,000 +164.3% $227 / Sq Ft
04/30/2015 04/30/15 Sold $350,000 -17.6% $87 / Sq Ft
04/03/2015 04/03/15 Pending -- -- --
08/14/2014 08/14/14 For Sale $425,000 -- $106 / Sq Ft
Source: Maine Listings

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Jed Rathband

    Seller's Agent in 2022

    Jed Rathband

    Keller Williams Realty

    (207) 553-1319

    5 in this area

    129 Total Sales

    Jed Rathband
    Section Image

  • I

    Seller Co-Listing Agent in 2022

    Isa Rathband

    Keller Williams Realty

    (207) 409-3246

    3 in this area

    53 Total Sales

    Isa Rathband
    Section Image
  • Heather Mayer

    Buyer's Agent in 2022

    Heather Mayer

    Portside Real Estate Group

    (207) 766-1270

    4 in this area

    163 Total Sales

    Heather Mayer
    Section Image

  • L

    Seller's Agent in 2015

    Lori Garon

    RE/MAX

See All Agents

Map

Source: Maine Listings

MLS Number: 1518296

Maine Listings

APN: PTLD 022-L014001

Maine Cumberland County Portland 04101 East Bayside

37 Smith St, Portland, ME

This home is located at 37 Smith St, Portland, ME 04101 since 20 January 2022. This property was built in 1850. 37 Smith St is a home located in Cumberland County with nearby schools including East End Community School, King Middle School, and Baxter Academy for Tech & Sciences.

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