11-13 Grant Street, Portland, ME 04101

$1,750,000
Property Type: Multi-Family Baths: 11 Square Footage: 9,408 Lot Size (sq. ft.): 5,227 Status: Closed
Current Price: $1,750,000 List Date: 11/03/2021 Last Modified: 1/10/2025

Description

Handsome brick 11-unit on tree-lined Grant Street in the Parkside neighborhood. Many of the units have been updated, though there is still some value-add opportunity for the next investor to make improvements and/or highlight the historic character of the building. If you're looking to add a big, straight building with personality and unlimited potential to your portfolio, you've found it.

Supplements: ********

More Information MLS# 1513843

Location Information

Book: 35916 Leased Land: No Page: 333 Map: 36 Lot: 16 Zoning Overlay: No Association: No Street #: 11-13 Street Name: Grant Street Type: Street County: Cumberland Town: Portland State/Province: ME Zip Code: 04101 Zoning: R7 Full Tax Amount $: 23369 Tax Year: 2022 Geo Lat: 43.656999 Geo Lon: -70.267055

Property Information

Surveyed: No Seasonal: No Owner Occupied: No Number of Units: 11 Deed Restrictions: Unknown 2 Detached Houses on 1 Lot: No Lot Size Acres +/-: 0.12 Total Baths: 11 Total Half Baths: 0 Color: Brick Road Frontage: No SqFt Finished Above Grade: 8508 SqFt Finished Below Grade: 900 SqFt Source: Public Records Garage: No Garage Spaces: 0 Total Full Baths: 11 Year Built: 1900 SqFt Finished Total: 9408 Source of Acreage: Public Records

Site

Level: 1 Sidewalks: 1

Location

Intown: 1

Roads

Paved: 1 Public: 1

Transportation

Public Transport Access: 1

Water Info

Water Frontage: No Water View: No

Style

Other: 1

Construction

Masonry: 1

Levels

Multi-Level: 1

Basement

Full: 1 Walk-Out Access: 1

Foundation Materials

Block: 1 Poured Concrete: 1

Exterior

Brick: 1

Roof

Flat: 1

Heat System

Steam: 1

Heat Fuel

Oil: 1

Income & Expenses

Gross Income: 164978 Operating Expenses: 61293

Cooling

None: 1

Floors

Wood: 1

Units

# of 1 BD Units: 4 # of 2 BD Units: 4 # of 3 BD Units: 3

Parking

No Parking: 1

Unit 1

Lease: Yes Level: First Security Deposit: No Monthly Rent: 1000 # Full Baths: 1 # of Rooms: 3 # of Bedrooms: 1 Dedicated Electric Meter: Yes Dedicated Gas Meter: Yes Dedicated Water Heater: No Electric: No Heat: Yes Range: Yes Refrigerator: Yes Sewer: Yes Water: Yes

Electric

Circuit Breakers: 1

Unit 2

Lease: Yes Level: First Security Deposit: No Monthly Rent: 950 # Full Baths: 1 # of Rooms: 3 # of Bedrooms: 1 Dedicated Electric Meter: Yes Dedicated Gas Meter: Yes Dedicated Water Heater: No Electric: No Heat: Yes Range: Yes Refrigerator: Yes Sewer: Yes Water: Yes

Utilities

Utilities On: Yes

Unit 3

Lease: Yes Level: Second Security Deposit: Yes Monthly Rent: 1042.25 # Full Baths: 1 # of Rooms: 4 # of Bedrooms: 2 Dedicated Electric Meter: Yes Dedicated Gas Meter: Yes Dedicated Water Heater: No Electric: No Heat: Yes Range: Yes Refrigerator: Yes Sewer: Yes Water: Yes

Gas

Natural - On Site: 1

Unit 4

Lease: No Level: Second Security Deposit: Yes Monthly Rent: 1592 # Full Baths: 1 # of Rooms: 4 # of Bedrooms: 2 Dedicated Electric Meter: Yes Dedicated Gas Meter: Yes Dedicated Water Heater: No Electric: No Heat: Yes Range: Yes Refrigerator: Yes Sewer: Yes Water: Yes

Sewer

Public Sewer: 1

Unit 5

Lease: No Level: Third Security Deposit: No Monthly Rent: 1500 # Full Baths: 1 # of Rooms: 5 # of Bedrooms: 3 Dedicated Electric Meter: Yes Dedicated Gas Meter: Yes Dedicated Water Heater: No Electric: No Heat: Yes Range: Yes Refrigerator: Yes Sewer: Yes Water: Yes

Water

Public: 1

Unit 6

Lease: No Level: Third Security Deposit: Yes Monthly Rent: 1310 # Full Baths: 1 # of Rooms: 5 # of Bedrooms: 3 Dedicated Electric Meter: Yes Dedicated Gas Meter: Yes Dedicated Water Heater: No Electric: No Heat: Yes Range: Yes Refrigerator: Yes Sewer: Yes Water: Yes

Unit 7

Lease: Yes Level: Four + Security Deposit: Yes Monthly Rent: 1500 # Full Baths: 1 # of Rooms: 4 # of Bedrooms: 2 Dedicated Electric Meter: Yes Dedicated Gas Meter: Yes Dedicated Water Heater: No Electric: No Heat: Yes Range: Yes Refrigerator: Yes Sewer: Yes Water: Yes

Unit 8

Lease: Yes Level: Four + Security Deposit: Yes Monthly Rent: 1500 # Full Baths: 1 # of Rooms: 5 # of Bedrooms: 3 Dedicated Electric Meter: Yes Dedicated Gas Meter: Yes Dedicated Water Heater: No Electric: No Heat: Yes Range: Yes Refrigerator: Yes Sewer: Yes Water: Yes

Unit 9

Lease: Yes Level: First Security Deposit: No Monthly Rent: 1229 # Full Baths: 1 # of Rooms: 3 # of Bedrooms: 1 Dedicated Electric Meter: Yes Dedicated Gas Meter: Yes Dedicated Water Heater: No Electric: No Heat: Yes Range: Yes Refrigerator: Yes Sewer: Yes Water: Yes

Unit 10

Lease: Yes Level: Basement Security Deposit: Yes Monthly Rent: 1500 # Full Baths: 1 # of Rooms: 4 # of Bedrooms: 2 Dedicated Electric Meter: Yes Dedicated Gas Meter: Yes Dedicated Water Heater: No Electric: No Heat: Yes Range: Yes Refrigerator: Yes Sewer: Yes Water: Yes

Unit 11

Lease: Yes Level: First Security Deposit: Yes Monthly Rent: 625 # Full Baths: 1 # of Rooms: 2 Dedicated Electric Meter: Yes Dedicated Gas Meter: Yes Dedicated Water Heater: No Electric: No Heat: Yes Range: Yes Refrigerator: Yes Sewer: Yes Water: Yes

Driveway

No Driveway: 1

Sold Info

Appraiser Email Address: jessica@mainelandconsultants.com

Restrictions

No Restrictions: 1

Water Heater

Off Heating System: 1

Amenities

Laundry - Coin: 1 Security System: 1

Equipment

Internet Access Available: 1

Vehicle Storage

No Vehicle Storage: 1

Contract Information

Status: Closed Original List Price: 1900000 Sold Price: $1,750,000 Current Price: $1,750,000

Status Change Info

Pending Date: 2021-12-09 Closed Date: 2022-02-28 Closed Price: 1750000

Property Features

Site: Level; Sidewalks Location: Intown Roads: Paved; Public Transportation: Public Transport Access Style: Other Levels: Multi-Level Construction: Masonry Basement: Full; Walk-Out Access Foundation Materials: Block; Poured Concrete Exterior: Brick Roof: Flat Heat System: Steam Heat Fuel: Oil Water Heater: Off Heating System Cooling: None Floors: Wood Amenities: Laundry - Coin; Security System Equipment: Internet Access Available Driveway: No Driveway Parking: No Parking Vehicle Storage: No Vehicle Storage Restrictions: No Restrictions Electric: Circuit Breakers Gas: Natural - On Site Sewer: Public Sewer Water: Public
Listing Office: Vitalius Real Estate Group, LLC
IDX
Last Updated: January - 10 - 2025
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