114 Park Street, Portland, ME 04101

$1,541,000
Property Type: Multi-Family Baths: 6 Square Footage: 5,548 Lot Size (sq. ft.): 1,742 Status: Closed
Current Price: $1,541,000 List Date: 8/31/2023 Last Modified: 1/16/2025

Description

Introducing a historical treasure, this grand brick townhouse proudly graces the summit of Park Street Row, its legacy dating back to 1835. Elegantly positioned as a corner unit, it commands presence along both Park and Spring Street. Property will be able to be transferred vacant. Currently used as four residential units, having the potential for a fifth unit, this property offers versatility as a potential condo conversion with plans already created by Nadeau Surveyors or a splendid single-family home. Standing five stories tall, this building showcases an beautiful 3 bedroom 2.5 bath unit spanning the first two floors, complete with a charming garden courtyard, and three additional units on the upper levels. A rare opportunity has emerged as this distinctive property enters the market after two decades. Remarkably, treasures like this brownstone seldom transition to new proprietors, and it is even more infrequent for them to be available for public acquisition. The future owner of 114 Park Street will undoubtedly appreciate the paramount importance of its exceptional location. Effortless entry to the city's most exquisite amenities and cultural pleasures is at hand, allowing for the enjoyment of both the dynamic energy and peaceful ambiance that Portland offers, all just a few steps away.

Supplements: ********

More Information MLS# 1570240

Location Information

Book: 28748 Leased Land: No Page: 321 Map: 045 Lot: B01001 Zoning Overlay: No Association: Yes Association Fee: 540 Fee Frequency Paid: Annually Street #: 114 Street Name: Park Street Type: Street County: Cumberland Town: Portland State/Province: ME Zip Code: 04101 Zip +4: 5833 Zoning: R6 Full Tax Amount $: 14220 Tax Year: 2022 Geo Lat: 43.652237 Geo Lon: -70.263024

Property Information

Surveyed: Unknown Seasonal: No Number of Units: 4 Deed/Conveyance Type Offered: Quit Claim w/Covenant Deed: All Deed Restrictions: Yes Lot Size Acres +/-: 0.04 Total Baths: 6 Total Half Baths: 1 Color: Brick SqFt Finished Above Grade: 5548 SqFt Finished Below Grade: 0 SqFt Source: Public Records Garage: No Garage Spaces: 0 Total Full Baths: 5 Year Built: 1835 SqFt Finished Total: 5548 Source of Acreage: Public Records

Site

Corner Lot: 1 Sidewalks: 1

Location

Intown: 1 Near Railroad: 1 Near Shopping: 1 Near Turnpike/Interstate: 1 Neighborhood: 1

Roads

Paved: 1 Public: 1

Water Info

Water Frontage: No Water View: No

Style

New Englander: 1 Other: 1

Construction

Wood Frame: 1

Structure Type

Townhouse: 1

Levels

Multi-Level: 1

Basement

Full: 1 Unfinished: 1

Exterior

Brick: 1

Roof

Membrane: 1 Shingle: 1

Heat System

Baseboard: 1 Direct Vent Heater: 1 Heat Pump: 1

Heat Fuel

Gas Natural: 1 Oil: 1

Income & Expenses

Gross Income: 0 Operating Expenses: 0

Cooling

Heat Pump: 1

Floors

Carpet: 1 Vinyl: 1 Wood: 1

Units

# of 1 BD Units: 3 # of 3 BD Units: 1

Parking

1 - 4 Spaces: 1 Assigned: 1 Leased: 1 On Site: 1

Unit 1

Lease: No Level: First Security Deposit: No Monthly Rent: 0 # Full Baths: 2 # of Half Baths: 1 # of Rooms: 6 # of Bedrooms: 3 Dedicated Electric Meter: Yes Dedicated Gas Meter: No Dedicated Water Heater: No Electric: Yes Heat: Yes Range: Yes Refrigerator: Yes Sewer: Yes Water: Yes

Electric

Circuit Breakers: 1

Unit 2

Lease: No Level: Third Security Deposit: No Monthly Rent: 0 # Full Baths: 1 # of Rooms: 4 # of Bedrooms: 1 Dedicated Electric Meter: Yes Dedicated Gas Meter: No Dedicated Water Heater: No Electric: Yes Heat: Yes Range: Yes Refrigerator: Yes Sewer: Yes Water: Yes

Utilities

Utilities On: Yes

Unit 3

Lease: No Level: Four + Security Deposit: No Monthly Rent: 0 # Full Baths: 1 # of Rooms: 4 # of Bedrooms: 1 Dedicated Electric Meter: Yes Dedicated Gas Meter: No Dedicated Water Heater: No Electric: Yes Heat: Yes Range: Yes Refrigerator: Yes Sewer: Yes Water: Yes

Gas

Natural - On Site: 1

Unit 4

Lease: No Level: Four + Security Deposit: No Monthly Rent: 0 # Full Baths: 1 # of Rooms: 4 # of Bedrooms: 1 Dedicated Electric Meter: Yes Dedicated Gas Meter: No Dedicated Water Heater: No Electric: Yes Heat: Yes Range: Yes Refrigerator: Yes Sewer: Yes Water: Yes

Sewer

Public Sewer: 1

Water

Public: 1

Driveway

Other: 1

Restrictions

Other Restrictions: 1

Basement Entry

Interior: 1

Water Heater

Gas: 1 Off Heating System: 1 Oil: 1 On Demand: 1

Patio and Porch Features

Deck: 1 Patio: 1

Vehicle Storage

No Vehicle Storage: 1

Contract Information

Status: Closed Original List Price: 1980000 Sold Price: $1,541,000 Current Price: $1,541,000

Status Change Info

Pending Date: 2023-11-01 Closed Date: 2023-11-30 Closed Price: 1541000

Property Features

Site: Corner Lot; Sidewalks Location: Intown; Near Railroad; Near Shopping; Near Turnpike/Interstate; Neighborhood Roads: Paved; Public Style: New Englander; Other Structure Type: Townhouse Levels: Multi-Level Construction: Wood Frame Basement: Full; Unfinished Basement Entry: Interior Exterior: Brick Roof: Membrane; Shingle Heat System: Baseboard; Direct Vent Heater; Heat Pump Heat Fuel: Gas Natural; Oil Water Heater: Gas; Off Heating System; Oil; On Demand Cooling: Heat Pump Floors: Carpet; Vinyl; Wood Patio and Porch Features: Deck; Patio Driveway: Other Parking: 1 - 4 Spaces; Assigned; Leased; On Site Vehicle Storage: No Vehicle Storage Restrictions: Other Restrictions Electric: Circuit Breakers Gas: Natural - On Site Sewer: Public Sewer Water: Public
Listing Office: The Real Estate Store
IDX
Last Updated: January - 16 - 2025
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