NOT LISTED FOR SALE

505 Washington Ave Portland, ME 04103

East Deering Neighborhood
-- Bed
12 Baths
11,472 Sq Ft
6,534 Sq Ft Lot

Last Sold July 25, 2018

Last sale price $1,370,000 $119 Per Sq Ft

22 Days on Market

Highlights

  • Wood Flooring
  • Forced Air Heating System
  • Level Lot
  • No HOA

About This Home

As of July 2018

NAI the Dunham Group is please to offer this 12 unit apartment building for sale. Located 1 block from Baxter Boulevard in East Deering this apartment building offers great historic cash-flow. Additional building amenities include 10+- parking spaces, updated heat, electric, roof and windows as well as a great mix of 1, 2 and 3 bedroom units. Group showing Thursday, March 29th from 12pm - 1pm.

Last Agent to Sell the Property

Sylas Hatch

The Dunham Group Listed on: 03/19/2018

The Dunham Group

Last Buyer's Agent

Sylas Hatch

The Dunham Group Listed on: 03/19/2018

The Dunham Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,230

Year Built

  • Built in 1910

Lot Details

  • 6,534 Sq Ft Lot
  • Level Lot

Home Design

  • Flat Roof Shape
  • Block Foundation
  • Masonry

Interior Spaces

  • 12 Full Bathrooms
  • 3-Story Property

Flooring

  • Wood
  • Carpet

Basement

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

Parking

  • Common or Shared Parking
  • Shared Driveway
  • Paved Parking
  • On-Site Parking
  • Off-Street Parking
  • Reserved Parking

Location

  • Suburban Location

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Private Water Source
  • Gas Water Heater

Listing and Financial Details

  • Legal Lot and Block 31 / H
  • Assessor Parcel Number PTLD-000429-000000-H031001

Community Details

Overview

  • No Home Owners Association
  • 12 Units

Building Details

  • Operating Expense $66,819
  • Gross Income $158,886

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,230

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.15
  • MLS Status: Closed
  • Above Grade Finished Sq Ft: 8712.0
  • Architectural Style: Multi-Level
  • Building Stories: 3
  • Year Built: 1910
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.15
  • Property Information:Total Baths: 12.0
  • Property Information:SqFt Finished Above Grade: 8712.0
  • Property Information:SqFt Finished Below Grade: 2760.0
  • Site:Level: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Heat System:Forced Air: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Wood3: Yes
  • Parking:Off Street: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Water Heater:Gas: Yes
  • Gas:Natural - On Site: Yes
  • Driveway:Common2: Yes
  • Heat Fuel:Gas Natural: Yes
  • Location:Suburban: Yes
  • Property Information:Number of Units: 12
  • Building Info:_pound_ Stories2: 3
  • Income Expenses Gross Income: 158886.0
  • Income Expenses Operating Expenses: 66819.0
  • Parking:On Site2: Yes
  • Style:Multi-Level: Yes
  • Foundation Materials:Block3: Yes
  • Parking:Paved3: Yes
  • Water:Private2: Yes
  • Roof:Flat: Yes
  • Building Info:_pound_ Floors3: 3
  • Construction:Masonry: Yes
  • Parking Reserved2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Has Basement: Full, Interior Entry
  • Full Bathrooms: 12
  • Below Grade Sq Ft: 2760.0
  • Fireplace: No
  • Flooring: Wood, Carpet
  • Stories: 3
  • Full Basement: Yes

Exterior Features

  • Lot Features: Level, Suburban
  • Waterfront: No
  • Construction Type: Concrete, Masonry
  • Foundation Details: Block
  • Roof: Flat

Garage/Parking

  • Attached Garage: No
  • Parking Features: 11 - 20 Spaces, Paved, Common, On Site, Off Street

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Private

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 6534.0
  • Parcel #: PTLD-000429-000000-H031001
  • Zoning: B2

Multi Family

  • Number Of Units Total: 12
  • Annual Gross Income: 158886.0
  • Annual Operating Expense: 66819.0

Tax Info

  • Tax Annual Amount: 12230.0
  • Tax Block: H
  • Tax Book Number: 31228
  • Tax Lot: 31
  • Tax Map Number: 429
  • Tax Year: 2017

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
07/25/2018 07/25/18 Sold $1,370,000 +5.4% $119 / Sq Ft
04/11/2018 04/11/18 Pending -- -- --
03/19/2018 03/19/18 For Sale $1,300,000 -- $113 / Sq Ft
Source: Maine Listings

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Sylas Hatch

    Seller's Agent in 2018

    Sylas Hatch

    The Dunham Group

    (207) 485-5511

    13 Total Sales

    Sylas Hatch
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Map

Source: Maine Listings

MLS Number: 1341957

Maine Listings
Maine Cumberland County Portland 04103 East Deering

505 Washington Ave, Portland, ME

This home is located at 505 Washington Ave, Portland, ME 04103 since 19 March 2018. This property was built in 1910. 505 Washington Ave is a home located in Cumberland County with nearby schools including Lyman Moore Middle School, Baxter Academy for Tech & Sciences, and St. Brigid 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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