126 Eastern Promenade, Portland, ME 04101

$1,900,000
Property Type: Multi-Family Baths: 5 Square Footage: 4,126 Lot Size (sq. ft.): 9,583 Status: Closed
Current Price: $1,900,000 List Date: 7/18/2019 Last Modified: 12/31/2024

Overview

Description

One of the best views on the Eastern Seaboard awaits from this stately and stunning Eastern Promenade property. This is one of just a few remaining properties on the promenade that hasn't been converted to condos. . Originally built as a single-family, the grand proportions and lovely period architectural details remain. The quality of construction and level of maintenance are second to none and provide a stable and suitable foundation from which to build your dream. Whether buying and running as a multi-family, converting to condos, eliminating units to create a single-family or remarkable owner-occupied multi, the possibilities are endless. Located on the very crown of the Promenade, the 180-degree views are protected, unobstructed and spectacular. The 9,444 sf lot offers many opportunities for expansion, a separate structure and up to 13 individual units. Currently a well maintain and updated 5 unit (rents well below market and tenants are at-will). 24+ hours notice for showings.

Listing Details MLS# 1425304

Location Information

Street #
126
Street Name
Eastern Promenade
County
Cumberland
Town
Portland
State/Province
ME
Zip Code
04101
Zip +4
4439
Leased Land
No
Book
32723
Page
346
Map
3
Block
C
Lot
3-4
Zoning
R6
Zoning Overlay
Unknown
Neighborhood Association
East End
Association
No
Full Tax Amount $
6686
Tax Year
2018

Contract Information

Original List Price
2450000

Property Information

Surveyed
Unknown
Seasonal
No
Owner Occupied
No
Deed/Conveyance Type Offered
Trustee
Deed
All
Bank Owned REO
No
2 Detached Houses on 1 Lot
No
Number of Units
5
Total Baths
5
Total Full Baths
5
Color
Brick
Year Built
1900
SqFt Finished Above Grade
4126
SqFt Finished Total
4126
SqFt Source
Public Records
Garage
Yes
Garage Spaces
2
Lot Size Acres +/-
0.22
Source of Acreage
Public Records

Status Change Info

Pending Date
2020-12-23
Closed Date
2020-12-28
Closed Price
1900000

Water Info

Waterfront
No
Water View
Yes
Water Body Name
Casco

Building Info

# Fireplaces
Yes
# Stories
3
# Floors
3
# Heating Units
Yes

More Information

Units

# of 1 BD Units
5

Unit 1

Lease
No
# Full Baths
Yes
Dedicated Electric Meter
Yes
Dedicated Gas Meter
No
Dedicated Water Heater
No
Electric
No
Heat
Yes
Range
Yes
Refrigerator
Yes
Sewer
Yes
Water
Yes

Unit 2

Lease
No
# Full Baths
Yes
Dedicated Electric Meter
Yes
Dedicated Gas Meter
No
Dedicated Water Heater
No
Electric
No
Heat
Yes
Range
Yes
Refrigerator
Yes
Sewer
Yes
Water
Yes

Unit 3

Lease
No
# Full Baths
Yes
Dedicated Electric Meter
Yes
Dedicated Gas Meter
No
Dedicated Water Heater
No
Electric
No
Heat
Yes
Range
Yes
Refrigerator
Yes
Sewer
Yes
Water
Yes

Unit 4

Lease
No
# Full Baths
Yes
Dedicated Electric Meter
Yes
Dedicated Gas Meter
No
Dedicated Water Heater
No
Electric
No
Heat
Yes
Range
Yes
Refrigerator
Yes
Water
Yes

Unit 5

Lease
No
# Full Baths
Yes
Dedicated Electric Meter
Yes
Dedicated Gas Meter
No
Dedicated Water Heater
No
Electric
No
Heat
Yes
Range
Yes
Refrigerator
Yes
Sewer
Yes
Water
Yes

Utilities

Utilities On
Yes

Property Features

Site: Level; Open; Sidewalks; Well Landscaped Location: Intown; Near Country Club; Near Golf Course; Near Public Beach; Near Railroad; Near Shopping; Near Town; Near Turnpike/Interstate; Neighborhood Roads: Paved; Public Transportation: Major Road Access; Near Airport; Public Transport Access; Rail Available Water Body Type: Bay Recreational Water: Nearby View: Scenic Style: Colonial Construction: Masonry Basement: Brick/Mortar; Full; Unfinished; Walk-Out Access Basement Entry: Doghouse Exterior: Brick Roof: Slate Heat System: Hot Water Heat Fuel: Gas Natural Water Heater: Tank Cooling: None Floors: Tile; Vinyl; Wood Amenities: 1st Floor Bedroom; Bathtub; Laundry - Coin; Other; Storage Patio and Porch Features: Deck; Glassed-in Porch; Porch; Porch-Screened Driveway: Paved Parking: 5 - 10 Spaces; Off Street; On Site; Paved Vehicle Storage: 2 Car; Detached Electric: Circuit Breakers Gas: Natural - On Site Sewer: Public Sewer Water: Public
IDX
Listing Office: Benchmark Real Estate
Selling Office: Benchmark Real Estate
Last Updated: December - 31 - 2024
Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. Copyright ©2026 Maine Real Estate Information System, Inc. All Rights Reserved. Equal Housing Opportunity.