29 St Lawrence Street, Portland, Maine 04101

$1,695,000
6,160
SqFt
List Price
$1,695,000
MLS#
1443885
Status
PENDING
Type
Multifamily
City
Portland
County
Cumberland
Living Area
6,160
Year Built
1915

Property Description

Let your and your buyers imaginations run with this quality amazing opportunity. Quality built at the turn of the century and very well maintained, this 7 unit is an income producer poised to throw off much more income (current rents are well below market) or be re-imagined. There are few streets and spots more desirable in Portland then this elevated site on connected yet quiet St Lawrence Street that's just outside of the Old Port and just a short walk to Fore Points Marina and the forthcoming Portland Foreside neighborhood. A solid investment as is or re-imagine and transform the top floors into a deluxe owners unit with rents below (see concept drawings and imagine the epic views from the upper levels). Want a little more? Combine with an adjacent lot for an even more exciting and profitable development and a total of 14 units. Opportunity is knocking - are you ready...??

Additional Information

Exterior
Asbestos
Living Area
6,160
Heat Fuel
Gas Natural
Roads
Paved, Public
Site
Level, Open, Rolling/Sloping, Sidewalks, Well Landscaped
Tax Year
2019
Gas
Natural - On Site
Parking
5 - 10 Spaces, On Site, Paved, Reserved
Recreational Water
Nearby, Public
View
Scenic
Garage
No Vehicle Storage, Off Street Parking
Electric
Circuit Breakers
Location
Intown, Near Country Club, Near Golf Course, Near Public Beach, Near Railroad, Near Shopping, Near Town, Near Turnpike/Interstate, Neighborhood
Water
Public
Basement
Finished, Full, Partial, Walkout Access
Full Tax Amount
8357
Heat System
Baseboard, Forced, Hot Water, Multi-Zones
Cooling
None
Water Body Type
Bay, Harbor, Ocean
Year Built
1915
Floors
Carpet, Tile, Vinyl, Wood
Restrictions
No Restrictions
Acres
0.11
Units
7
Roof
Flat, Membrane
Driveway
Paved
Construction
Wood Frame
Color
Light Gray
Transportation
Major Road Access, Near Airport, Public Transport Access, Rail Available
Water Body Name
Casco Bay
Amenities
1st Floor Bedroom, Deck, Laundry - Hookup, One-Floor Living, Other Amenities, Porch, Shower, Storage
Style
Multi-Level
Foundation Materials
Brick/Mortar, Stone
Courtesy Of Listing Office
Benchmark Real Estate
Courtesy Of Selling Office
Non MREIS Agency

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Benchmark Real Estate.

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