NOT LISTED FOR SALE

53 Myrtle St Portland, ME 04101

West Bayside Neighborhood
3 Beds
5 Baths
5,546 Sq Ft
2,178 Sq Ft Lot

Last Sold February 23, 2022

Last sale price $900,000 $162 Per Sq Ft

69 Days on Market

Highlights

  • No HOA
  • Baseboard Heating
  • Carpet
  • Forced Air Heating System
  • Level Lot
  • 1-minute walk to Stone Street Splash Pad

About This Home

As of February 2022

Located just a block away from Merrill Auditorium, and walkable to all of Downtown, the Old Port, waterfront, Bayside, this downtown 5-unit income property
with great monthly rents features updated systems, newer roof and replacement windows, plus recent cosmetic work. Listed rents reflect most recent rents to date. Leased parking located nearby is available, ask the broker for details.

Last Agent to Sell the Property

Brit Vitalius

Vitalius Real Estate Group, LLC Listed on: 10/13/2021

Co-Listed By

Chris Sullivan

Vitalius Real Estate Group, LLC

Last Buyer's Agent

Heather Mayer

Portside Real Estate Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,499

Year Built

  • Built in 1915

Lot Details

  • 2,178 Sq Ft Lot
  • Level Lot

Parking

  • No Driveway

Home Design

  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 5 Full Bathrooms
  • 5,546 Sq Ft Home
  • 3-Story Property

Flooring

  • Carpet
  • Vinyl

Basement

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

Location

  • City Lot

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Baseboard Heating
  • Hot Water Heating System
  • Gas Water Heater

Listing and Financial Details

  • Tax Lot 3
  • Assessor Parcel Number PTLD-000026-K000003-000001

Community Details

Overview

  • No Home Owners Association
  • 5 Units

Building Details

  • Operating Expense $15,396
  • Gross Income $124,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,499

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.05
  • 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: 5546.0
  • Architectural Style: Multi-Level
  • Garage Yn: No
  • Building Stories: 3
  • Year Built: 1915
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.05
  • Property Information:Total Baths: 5.0
  • Property Information:SqFt Finished Above Grade: 5546.0
  • Property Information:Garage: No
  • Site:Level: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Forced Air: Yes
  • Heat System:Hot Water: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Basement Entry:Interior: Yes
  • Water Heater:Gas: Yes
  • Exterior:Vinyl Siding: Yes
  • Gas:Natural - On Site: Yes
  • Heat Fuel:Gas Natural: Yes
  • Property Information:Number of Units: 5
  • Building Info:_pound_ Stories2: 3
  • Income Expenses Gross Income: 124800.0
  • Income Expenses Operating Expenses: 15396.0
  • Style:Multi-Level: Yes
  • Driveway:No Driveway: Yes
  • Parking:No Parking: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Has Basement: Full, Interior Entry
  • Full Bathrooms: 5
  • Flooring: Vinyl, Carpet
  • Full Basement: Yes

Exterior Features

  • Lot Features: Level, Intown, Neighborhood
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Parking Features: No Driveway, None

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water, Forced Air, 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: 2178.0
  • Parcel #: PTLD-000026-K000003-000001
  • Zoning: R6

Multi Family

  • Number Of Units Total: 5
  • Annual Gross Income: 124800.0
  • Annual Operating Expense: 15396.0

Tax Info

  • Tax Annual Amount: 7499.0
  • Tax Book Number: 36692
  • Tax Lot: 3
  • Tax Map Number: 26
  • 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 List to Sale Price per Sq Ft Prior Sale
02/23/2022 02/23/22 Sold $900,000 -18.2% $162 / Sq Ft
12/22/2021 12/22/21 Pending -- -- --
10/13/2021 10/13/21 For Sale $1,100,000 +69.2% $198 / Sq Ft
05/13/2020 05/13/20 Sold $650,000 -4.4% $117 / Sq Ft View Prior Sale
03/02/2020 03/02/20 Pending -- -- --
02/22/2020 02/22/20 For Sale $680,000 +91.5% $123 / Sq Ft
05/11/2012 05/11/12 Sold $355,000 -20.9% $64 / Sq Ft View Prior Sale
03/17/2012 03/17/12 Pending -- -- --
11/27/2010 11/27/10 For Sale $449,000 -- $81 / Sq Ft
Source: Maine Listings

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Brit Vitalius

    Seller's Agent in 2022

    Brit Vitalius

    Vitalius Real Estate Group, LLC

    (207) 318-2555

    3 in this area

    175 Total Sales

    Brit Vitalius
    Section Image
  • Chris Sullivan

    Seller Co-Listing Agent in 2022

    Chris Sullivan

    Vitalius Real Estate Group, LLC

    (207) 730-0884

    3 in this area

    127 Total Sales

    Chris Sullivan
    Section Image
  • Heather Mayer

    Buyer's Agent in 2022

    Heather Mayer

    Portside Real Estate Group

    (207) 766-1270

    2 in this area

    162 Total Sales

    Heather Mayer
    Section Image
  • Richard Murphy

    Seller's Agent in 2020

    Richard Murphy

    Harborview Properties, Inc.

    (207) 712-4796

    48 Total Sales

    Richard Murphy
    Section Image

  • K

    Buyer's Agent in 2020

    Kathy Apon

    Greater Portland Realty

    (207) 671-5496

    95 Total Sales

    Kathy Apon
    Section Image

  • P

    Seller's Agent in 2012

    Peter Hawkes

    RE/MAX

    Section Image
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Map

Source: Maine Listings

MLS Number: 1511960

Maine Listings
Maine Cumberland County Portland 04101 West Bayside

53 Myrtle St, Portland, ME

This home is located at 53 Myrtle St, Portland, ME 04101 since 13 October 2021. This property was built in 1915. 53 Myrtle St is a home located in Cumberland County with nearby schools including Ocean Avenue Elementary School, King Middle School, and Baxter Academy for Tech & Sciences.

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