NOT LISTED FOR SALE

62 Waterville St Portland, ME 04101

East End Neighborhood
-- Bed
6 Baths
3,366 Sq Ft
6,098 Sq Ft Lot

Last Sold June 27, 2022

Last sale price $1,200,000 $357 Per Sq Ft

33 Days on Market

Highlights

  • Public Beach
  • Wood Flooring
  • Baseboard Heating
  • 0.14 Acre Lot
  • No HOA
  • Coin Laundry

About This Home

As of June 2022

Brick 6-unit with parking lot and development potential in one of Munjoy Hill's most desirable locations. Waterville Street is known among East End locals for it's quiet nature and neighborhood setting since it is not a pass-through street, and does not connect directly to Congress ST. The 6,400 SF lot is framed by trees, creating a sense of separation and privacy around the paved parking, currently offered to tenants at no charge. The building is a mix of one-bedroom and studio apartments, two of which have benefited from more recent updates, and really show the potential for all of the units. Or, re envision the property as a development opportunity - reconfigure, convert to condos, build new on the parking lot... so many possibilities for this Munjoy Hill gem!

Last Agent to Sell the Property

Brit Vitalius

Vitalius Real Estate Group, LLC Listed on: 03/11/2022

Co-Listed By

Chris Sullivan

Vitalius Real Estate Group, LLC

Last Buyer's Agent

Chris Sullivan

Vitalius Real Estate Group, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,365

Year Built

  • Built in 1855

Lot Details

  • 6,098 Sq Ft Lot
  • Public Beach
  • Level Lot

Home Design

  • Brick Exterior Construction
  • Wood Frame Construction
  • Shingle Roof

Interior Spaces

  • 6 Full Bathrooms
  • 3,366 Sq Ft Home
  • Multi-Level Property

Flooring

  • Wood
  • Laminate
  • Tile

Unfinished Basement

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

Parking

  • Driveway
  • Paved Parking

Location

  • City Lot

Utilities

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

Listing and Financial Details

  • Legal Lot and Block 6 / E
  • Assessor Parcel Number PTLD-000017-E000006-000001

Community Details

Overview

  • No Home Owners Association
  • 6 Units

Amenities

  • Coin Laundry

Building Details

  • Operating Expense $21,162
  • Gross Income $62,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,365

Year Built

Built in 1855

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.14
  • Co List Office Mls Id: 2698
  • Co List Office Phone: 207-541-3755
  • MLS Status: Closed
  • Above Grade Finished Sq Ft: 3366.0
  • Architectural Style: Multi-Level
  • Garage Yn: No
  • Year Built: 1855
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.14
  • Property Information:Total Baths: 6.0
  • Property Information:SqFt Finished Above Grade: 3366.0
  • 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:Hot Water: Yes
  • Cooling:None3: Yes
  • Floors:Tile2: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Basement:Unfinished: Yes
  • Heat Fuel:Gas Natural: Yes
  • Floors:Laminate: Yes
  • Property Information:Number of Units: 6
  • Income Expenses Gross Income: 62400.0
  • Income Expenses Operating Expenses: 21162.0
  • Style:Multi-Level: Yes
  • Location:Near Public Beach: Yes
  • Gas:Natural - At Street: Yes
  • Exterior:Brick: Yes
  • Amenities:Laundry - Coin: Yes
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Full, Interior Entry, Unfinished
  • Full Bathrooms: 6
  • Flooring: Wood, Tile, Laminate
  • Full Basement: Yes

Exterior Features

  • Lot Features: Level, Sidewalks, Intown, Near Public Beach, Near Shopping, Near Turnpike/Interstate, Near Town
  • Waterfront: No
  • Construction Type: Brick, Wood Frame
  • Roof: Shingle

Garage/Parking

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

Utilities

  • Laundry Features: Laundry - Coin
  • 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: 6098.4
  • Parcel #: PTLD-000017-E000006-000001
  • Zoning: R6

Multi Family

  • Number Of Units Total: 6
  • Annual Gross Income: 62400.0
  • Annual Operating Expense: 21162.0

Tax Info

  • Tax Annual Amount: 10364.72
  • Tax Block: E
  • Tax Book Number: 25311
  • Tax Lot: 6
  • Tax Map Number: 17
  • Tax Year: 2022

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
06/27/2022 06/27/22 Sold $1,200,000 -14.3% $357 / Sq Ft
03/23/2022 03/23/22 Pending -- -- --
02/17/2022 02/17/22 For Sale $1,400,000 -- $416 / 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

    21 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

    17 in this area

    129 Total Sales

    Chris Sullivan
    Section Image
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Map

Source: Maine Listings

MLS Number: 1519965

Maine Listings
Maine Cumberland County Portland 04101 East End

62 Waterville St, Portland, ME

This home is located at 62 Waterville St, Portland, ME 04101 since 11 March 2022. This property was built in 1855. 62 Waterville 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.

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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