$650,000

6 Horton Place Portland, ME 04102

Parkside Neighborhood

Estimated payment $3,933/month

Total Views 3,732
-- Bed
3 Baths
3,636 Sq Ft
$179 Price per Sq Ft

Highlights

  • Property is near public transit
  • No HOA
  • Level Lot
  • Wood Flooring
  • Baseboard Heating

About This Home

This is a prime investment opportunity for savvy investors and contractors looking to take on a substantial renovation project. This 3-unit property has been gutted down to the studs after water damage from frozen pipes, offering a clean slate for customization and a chance to restore it to its full potential. Whether you're planning to flip for a profit or create long-term rental income, this project presents endless possibilities.

Listing Agent

Sheldon Ashby

Ashby Real Estate Listed on: 10/28/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,293

Year Built

  • Built in 1900

Lot Details

  • 2,178 Sq Ft Lot
  • Street terminates at a dead end
  • Level Lot

Home Design

  • Flat Roof Shape
  • Stone Foundation
  • Wood Frame Construction
  • Membrane Roofing
  • Vinyl Siding

Interior Spaces

  • 3 Full Bathrooms
  • 3,636 Sq Ft Home
  • Multi-Level Property
  • Wood Flooring

Unfinished Basement

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

Parking

  • Driveway
  • Paved Parking
  • Off-Street Parking

Location

  • Property is near public transit
  • City Lot

Utilities

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

Listing and Financial Details

  • Legal Lot and Block 6 / E
  • Assessor Parcel Number PTLD-000055-E000006-000001

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • Operating Expense $17,503

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,293

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.05
  • Road Surface Type: Paved
  • MLS Status: Active
  • Above Grade Finished Sq Ft: 3636.0
  • Architectural Style: Other
  • Garage Yn: No
  • Unit Levels: Multi-Level
  • Year Built: 1900
  • Location Information:Leased Land: No
  • Contract Information:List PriceSqFt: 178.77
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.05
  • Property Information:Total Baths: 3.0
  • Property Information:SqFt Finished Above Grade: 3636.0
  • Property Information:Garage: No
  • Site:Level: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Hot Water: Yes
  • Cooling:None3: Yes
  • Floors:Wood3: Yes
  • Parking:Off Street: 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
  • Basement:Unfinished: Yes
  • Heat Fuel:Gas Natural: Yes
  • Property Information:Number of Units: 3
  • Foundation Materials:Stone: Yes
  • Income Expenses Operating Expenses: 17503.0
  • Parking:Paved3: Yes
  • Gas:Natural - At Street: Yes
  • Roads:Dead End: Yes
  • Roof:Membrane: Yes
  • Transportation:Public Transport Access: Yes
  • Roof:Flat: Yes
  • Advertising Remarks:Advertising Remarks: This is a prime investment opportunity for savvy investors and contractors looking to take on a substantial renovation project. This 3-unit property has been gutted down to the studs after water damage from frozen pipes, offering a clean slate for customization and a chance to restore it to its full potential. Whether you're planning to flip for a profit or create long-term rental income, this project presents endless possibilities.
  • Levels:Multi-Level3: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Interior, Full, Unfinished
  • Full Bathrooms: 3
  • Flooring: Wood
  • Full Basement: Yes

Exterior Features

  • Lot Features: Level, Intown, Near Public Transit
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Stone
  • Roof: Flat, Membrane

Garage/Parking

  • Attached Garage: No
  • Parking Features: 1 - 4 Spaces, Paved, Off Street

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water, Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 2178.0
  • Parcel #: PTLD-000055-E000006-000001
  • Zoning: R6

Multi Family

  • Number Of Units Total: 3
  • Annual Operating Expense: 17503.0

Tax Info

  • Tax Annual Amount: 6293.0
  • Tax Block: E
  • Tax Lot: 6
  • Tax Year: 2026

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $10,255 $683,200 $268,900 $414,300
2023 $9,845 $683,200 $268,900 $414,300
2022 $9,298 $683,200 $268,900 $414,300
2021 $8,875 $683,200 $268,900 $414,300
2020 $6,821 $292,600 $115,300 $177,300
2019 $6,821 $292,600 $115,300 $177,300
2018 $6,578 $292,600 $115,300 $177,300
2017 $6,335 $292,600 $115,300 $177,300
2016 $6,177 $292,600 $115,300 $177,300
2015 $6,036 $292,600 $115,300 $177,300
2014 $5,852 $292,600 $115,300 $177,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/28/2025 10/28/25 For Sale $650,000 -- $179 / Sq Ft
Source: Maine Listings

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- --
Warranty Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $116,400 Purchase Money Mortgage
Source: Public Records

Source: Maine Listings

MLS Number: 1642065

Maine Listings

APN: PTLD-000055-000000-E006001

Maine Cumberland County Portland 04102 Parkside

6 Horton Place, Portland, ME

For Sale

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Sheldon Ashby
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Ashby Real Estate
(207) 506-0181