196, 198, Park Avenue, Portland, ME 04102

$1,350,000
Property Type: Multi-Family Baths: 11 Square Footage: 10,942 Lot Size (sq. ft.): 7,405 Status: Closed
Current Price: $1,350,000 List Date: 9/14/2018 Last Modified: 12/28/2024

Overview

Description

Portfolio Worthy - Pride of Ownership 11 Unit In Desirable On-peninsula Location. Comprehensive updates and impeccable maintenance show through in each unit. 2 - 1 bedroom and 9 - 2 bedroom apartments. From roof's and siding to heating and hot water systems are not only updated but high-end, low maintenance and efficient. This turn-key operation is in a popular and accessible location that is poised for further gentrification/appreciation. Enjoy walk-ability to Deering Oaks Park, shops, restaurants and even many in-town employers like Maine Medical Center, Mercy Hospital.. Excellent numbers, sun-filled, solid and spacious apartments, great long-term tenants, coin-op laundry and some off-street parking. An Exceptional Opportunity!

Listing Details MLS# 1369800

Location Information

Street #
196, 198,
Street Name
Park
Street Type
Avenue
County
Cumberland
Town
Portland
State/Province
ME
Zip Code
04102
Leased Land
No
Book
19963, 22760
Page
148, 191
Map
53
Block
B
Lot
8,9,28,29
Zoning
R6
Zoning Overlay
No
Association
No
Full Tax Amount $
17925
Tax Year
17

Contract Information

Original List Price
1495000

Property Information

Surveyed
Unknown
Seasonal
No
Number of Units
11
Total Baths
11
Total Full Baths
11
Color
Sage Green
Year Built
1874
SqFt Finished Above Grade
10942
SqFt Finished Total
10942
Garage
No
Lot Size Acres +/-
0.17
Source of Acreage
Public Records
Road Frontage
No

Status Change Info

Pending Date
2018-12-09
Closed Date
2019-02-26
Closed Price
1350000

Water Info

Waterfront
No
Water View
No

Building Info

# Heating Units
4

More Information

Units

# of 1 BD Units
2
# of 2 BD Units
9

Utilities

Utilities On
No

Property Features

Site: Level; Open; Sidewalks Location: Intown; Near Country Club; Near Golf Course; Near Public Beach; Near Railroad; Near Shopping; Near Turnpike/Interstate; Neighborhood Roads: Paved; Public Transportation: Major Road Access; Near Airport; Public Transport Access; Rail Available Recreational Water: Nearby Style: New Englander; Other Levels: Multi-Level Construction: Wood Frame Basement: Full Basement Entry: Interior Exterior: Aluminum Siding; Clapboard; Vinyl Siding Roof: Shingle Heat System: Forced Air; Hot Air; Hot Water Heat Fuel: Gas Natural Water Heater: Electric; Off Heating System; Tank Cooling: None Floors: Carpet; Vinyl; Wood Amenities: Bathtub; Laundry - Coin; Other; Pantry; Shower; Storage Driveway: Common; Paved Parking: 1 - 4 Spaces; Off Street; On Site; Paved Electric: Circuit Breakers Gas: Natural - At Street; Natural - On Site Sewer: Public Sewer Water: Public

Documents

IDX
Listing Office: Benchmark Real Estate
Selling Office: Sprague & Curtis Real Estate
Last Updated: December - 28 - 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.
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