193 Congress Street, Portland, Maine 04101

$2,700,000
12
BA
10,764
SqFt
List Price
$2,700,000
MLS#
1528353
Status
ACTIVE
Type
Multifamily
City
Portland
County
Cumberland
Bathrooms
12
Living Area
10,764
Year Built
1900

Property Description

- Rare opportunity to purchase an attractive brick 12-unit building on Munjoy Hill- Exempt from City of Portland Rental Control Ordinance- Multi-Family building comprised of 12 units totaling 8,073+/- SF- Efficient layout, all units with one-bedroom and two means of entrance/egress on 3-stories- Exceptional opportunity to reposition subsidized units to ''market'' at a cost-basis far below replacement cost.- Professionally managed building protected by code-compliant, centrally monitored alarm system- Munjoy Hill location walkable to Eastern Promenade, Old Port, Downtown Business District District and Portland Foreside.- Sale Price: $2,700,000

Additional Information

Exterior
Brick
Living Area
10,764
Heat Fuel
Oil
Roads
Public
Site
Level, Sidewalks
Tax Year
2022
Gas
Natural - On Site
Parking
No Parking
Recreational Water
Nearby
Garage
No Vehicle Storage
Electric
Circuit Breakers
Location
Intown
Water
Public
Basement
Brick/Mortar, Finished, Full, Unfinished
Full Tax Amount
16238
Heat System
Radiator
Cooling
None
Year Built
1900
Floors
Wood
Acres
0.09
Units
12
Roof
Membrane
Driveway
No Driveway
Construction
Masonry
Transportation
Public Transport Access
Amenities
Fire System, Laundry - Coin
Style
Multi-Level
Courtesy Of Listing Office
Porta & Company

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of Porta & Company.

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