$950,000
SOLD OCT 1, 2024

372 Broadway South Portland, ME 04106

Meetinghouse Hill Neighborhood
-- Bed
4 Baths
2,420 Sq Ft
6,534 Sq Ft Lot

Recently Sold

$393 Per Sq Ft

16% Below List Price

92 Days on Market

Highlights

  • Ocean Front
  • Public Beach
  • Property is near public transit
  • Nearby Water Access
  • Deck
  • Wood Flooring

About This Home

As of October 2024

Fantastic 4 unit with 1- two bedroom unit and 3 one bedroom units all with private entrances. Solid airbnb history as well as rental history. Separate utilities, laundry room and ample parking plus yard. All major systems upgraded in 2013 including roof, full electrical, rinnai heaters, etc. Current owner has renovated the kitchens and a few baths-taken immaculate care of property. This is a very nice building with a second floor two bedroom owners unit offering expansive bay and Portland skyline views from both the unit and the private deck.

Last Agent to Sell the Property

John Graham

John Graham Real Estate Listed on: 05/23/2024

Last Buyer's Agent

Russell Sweet

Pine Tree Realty of Maine

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,884

Year Built

  • Built in 1930

Lot Details

  • 6,534 Sq Ft Lot
  • Ocean Front
  • Property Fronts a Bay or Harbor
  • Public Beach
  • Fenced
  • Corner Lot
  • Level Lot

Property Views

  • Water
  • Scenic Vista

Home Design

  • Concrete Foundation
  • Block Foundation
  • Wood Frame Construction
  • Pitched Roof
  • Shingle Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,420 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Laundry on main level

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • 4 Full Bathrooms

Basement

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

Parking

  • Common or Shared Parking
  • Shared Driveway
  • Paved Parking
  • Off-Street Parking

Outdoor Features

  • Nearby Water Access
  • Deck
  • Shed
  • Porch

Location

  • Property is near public transit
  • City Lot

Utilities

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

Listing and Financial Details

  • Tax Lot 041
  • Assessor Parcel Number SPOR-000014-000000-000041

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • Operating Expense $13,225
  • Gross Income $85,740

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,884

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.15
  • Water Body Name: Casco Bay
  • MLS Status: Closed
  • Directions: Broadway- straight past Cottage Road- to 372. Corner of Broadway and Clemons Street
  • Above Grade Finished Sq Ft: 2420.0
  • Architectural Style: Other Style
  • Garage Yn: No
  • Building Stories: 2
  • Year Built: 1930
  • Location Information:Leased Land: No
  • Property Information:Lot Size Acres -: 0.15
  • Property Information:Total Baths: 4.0
  • Property Information:SqFt Finished Above Grade: 2420.0
  • Property Information:Garage: No
  • Site:Corner Lot: Yes
  • Site:Level: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: Yes
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Hot Water: Yes
  • Cooling:None3: Yes
  • Floors:Vinyl: Yes
  • Floors:Wood3: Yes
  • Parking:Off Street: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Water Heater:Gas: Yes
  • Water Heater:On Demand: Yes
  • Amenities:Fence: Yes
  • Exterior:Vinyl Siding: Yes
  • Gas:Natural - On Site: Yes
  • Driveway:Common2: Yes
  • Amenities:One-Floor Living: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Heat Fuel:Gas Natural: Yes
  • Property Information:Number of Units: 4
  • Building Info:_pound_ Stories2: 2
  • Income Expenses Gross Income: 85740.0
  • Income Expenses Operating Expenses: 13225.0
  • Location:Near Public Beach: Yes
  • Foundation Materials:Block3: Yes
  • Amenities:Laundry - 1st Floor: Yes
  • Roof:Pitched: Yes
  • Property Information:Short Sale Continue to Show: No
  • Recreational Water:Nearby: Yes
  • Property Information:Deed Restrictions: Unknown
  • Property Information:Bank Owned REO: No
  • View:Scenic: Yes
  • Water Heater:Tank: Yes
  • Amenities:Furniture Included: Yes
  • Basement:Sump Pump: Yes
  • Heat System:Direct Vent Furnace: Yes
  • Transportation:Public Transport Access: Yes
  • Building Info:_pound_ Floors3: 2
  • Other Structures:Shed: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Has Basement: Bulkhead, Full, Sump Pump, Exterior Entry
  • Full Bathrooms: 4
  • Fireplace: No
  • Flooring: Wood, Vinyl
  • Interior Amenities: Furniture Included, 1st Floor Bedroom, One-Floor Living
  • Stories: 2
  • Full Basement: Yes

Exterior Features

  • Fencing: Fenced
  • Lot Features: Corner Lot, Level, Sidewalks, Intown, Near Public Beach, Near Shopping, Near Turnpike/Interstate, Neighborhood, Near Public Transit
  • View: Scenic
  • Waterfront Features: Harbor, Ocean
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Block, Concrete Perimeter
  • Other Structures: Shed(s)
  • Patio And Porch Features: Deck, Porch
  • Roof: Pitched, Shingle
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Deck: Yes

Garage/Parking

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

Utilities

  • Laundry Features: Laundry - 1st Floor, Main Level
  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water, Direct Vent Furnace
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Utilities: Utilities On
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Pets Allowed: No Restrictions

Schools

  • Junior High Dist: South Portland Public Schools

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 6534.0
  • Parcel #: SPOR-000014-000000-000041
  • Zoning: Res. District G

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 85740.0
  • Annual Operating Expense: 13225.0

Tax Info

  • Tax Annual Amount: 7884.0
  • Tax Book Number: 39327
  • Tax Lot: 041
  • Tax Map Number: 14
  • Tax Year: 2023

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
10/01/2024 10/01/24 Sold $950,000 -4.8% $393 / Sq Ft
08/24/2024 08/24/24 Pending -- -- --
08/15/2024 08/15/24 Price Changed $998,000 -3.6% $412 / Sq Ft
06/30/2024 06/30/24 Price Changed $1,035,000 -4.2% $428 / Sq Ft
06/13/2024 06/13/24 Price Changed $1,080,000 -4.8% $446 / Sq Ft
05/23/2024 05/23/24 For Sale $1,135,000 +206.8% $469 / Sq Ft
10/16/2013 10/16/13 Sold $370,000 0.0% $154 / Sq Ft
08/19/2013 08/19/13 Pending -- -- --
08/16/2013 08/16/13 For Sale $369,900 +261.2% $154 / Sq Ft
06/19/2013 06/19/13 Sold $102,402 +15.1% $43 / Sq Ft
01/30/2013 01/30/13 Pending -- -- --
01/28/2013 01/28/13 For Sale $89,000 -- $37 / Sq Ft
Source: Maine Listings

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2024

    John Graham

    John Graham Real Estate

    (207) 491-1660

    1 in this area

    31 Total Sales

    John Graham
    Section Image

  • R

    Buyer's Agent in 2024

    Russell Sweet

    Pine Tree Realty of Maine

    (207) 939-2938

    1 in this area

    20 Total Sales

    Russell Sweet
    Section Image

  • J

    Seller's Agent in 2013

    Jeffrey Reali

    Reali Realty, LLC

  • M

    Seller's Agent in 2013

    Maia Additon

    Reali Realty, LLC

See All Agents

Map

Source: Maine Listings

MLS Number: 1590705

Maine Listings

Maine Cumberland County South Portland 04106 Meetinghouse Hill

372 Broadway, South Portland, ME

This home is located at 372 Broadway, South Portland, ME 04106 and is currently priced at $950,000, approximately $392 per square foot. This property was built in 1930. 372 Broadway is a home located in Cumberland County with nearby schools including Frank I Brown Elementary School, Daniel F. Mahoney Middle School, and South Portland High 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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