201 Congress Street, Portland, ME 04101

$1,120,000
Property Type: Multi-Family Baths: 3 Square Footage: 5,310 Lot Size (sq. ft.): 2,614 Status: Closed
Current Price: $1,120,000 List Date: 6/04/2021 Last Modified: 1/07/2025

Description

Massive Munjoy Hill 3-unit renovated to modern standards in the shell of a classic, pitched-roof New England triple decker. New kitchens, baths, sheetrock and sprinkler system, this building is truly turnkey. The large, open layouts (two 4BR and one 5BR!!) lend themselves perfectly to condo conversion, or premium rentals. Investors looking for cashflow will have the opportunity to set their own market rents since the current owner is a housing agency, so the building will be delivered vacant.

Supplements: ********

More Information MLS# 1494926

Location Information

Book: 30760 Leased Land: No Page: 023 Map: 13 Block: M Lot: 023 Zoning Overlay: No Association: No Street #: 201 Street Name: Congress Street Type: Street County: Cumberland Town: Portland State/Province: ME Zip Code: 04101 Zip +4: 3671 Zoning: B1 Full Tax Amount $: 8259 Tax Year: 2020 Geo Lat: 43.66394 Geo Lon: -70.250606

Property Information

Surveyed: No Seasonal: No Number of Units: 3 Lot Size Acres +/-: 0.06 Total Baths: 3 Total Half Baths: 0 SqFt Finished Above Grade: 5310 SqFt Finished Below Grade: 0 SqFt Source: Public Records Garage: No Garage Spaces: 0 Total Full Baths: 3 Year Built: 1896 SqFt Finished Total: 5310 Source of Acreage: Public Records

Site

Level: 1 Sidewalks: 1

Location

Intown: 1 Near Turnpike/Interstate: 1

Roads

Paved: 1 Public: 1

Water Info

Water Frontage: No Water View: No

Style

Other: 1

Construction

Wood Frame: 1

Levels

Multi-Level: 1

Basement

Full: 1 Unfinished: 1

Exterior

Composition: 1

Roof

Shingle: 1

Heat System

Forced Air: 1 Hot Water: 1

Heat Fuel

Oil: 1

Income & Expenses

Gross Income: 0 Operating Expenses: 15700

Cooling

None: 1

Floors

Wood: 1

Units

# of 4+ BD Units: 3

Parking

No Parking: 1

Unit 1

Lease: No Level: First Security Deposit: No Monthly Rent: 0 # Full Baths: 1 # of Rooms: 6 # of Bedrooms: 4 Dedicated Electric Meter: Yes Dedicated Gas Meter: Yes Dedicated Water Heater: Yes Electric: No Heat: No Range: Yes Refrigerator: Yes Sewer: Yes Water: Yes

Electric

Circuit Breakers: 1

Unit 2

Lease: No Level: Second Security Deposit: No Monthly Rent: 0 # Full Baths: 1 # of Rooms: 6 # of Bedrooms: 4 Dedicated Electric Meter: Yes Dedicated Gas Meter: Yes Dedicated Water Heater: Yes Electric: No Heat: No Range: Yes Refrigerator: Yes Sewer: Yes Water: Yes

Utilities

Utilities On: Yes

Unit 3

Lease: No Level: Third Security Deposit: No Monthly Rent: 0 # Full Baths: 1 # of Rooms: 7 # of Bedrooms: 5 Dedicated Electric Meter: Yes Dedicated Gas Meter: Yes Dedicated Water Heater: Yes Electric: No Heat: No Range: Yes Refrigerator: Yes Sewer: No Water: No

Gas

No Gas: 1

Sewer

Public Sewer: 1

Water

Public: 1

Driveway

No Driveway: 1

Sold Info

Appraiser Email Address: jessica@mainelandconsultants.com

Basement Entry

Interior: 1

Water Heater

Off Heating System: 1

Vehicle Storage

No Vehicle Storage: 1

Contract Information

Status: Closed Original List Price: 1275000 Sold Price: $1,120,000 Current Price: $1,120,000

Status Change Info

Pending Date: 2021-08-02 Closed Date: 2021-09-24 Closed Price: 1120000

Property Features

Site: Level; Sidewalks Location: Intown; Near Turnpike/Interstate Roads: Paved; Public Style: Other Levels: Multi-Level Construction: Wood Frame Basement: Full; Unfinished Basement Entry: Interior Exterior: Composition Roof: Shingle Heat System: Forced Air; Hot Water Heat Fuel: Oil Water Heater: Off Heating System Cooling: None Floors: Wood Driveway: No Driveway Parking: No Parking Vehicle Storage: No Vehicle Storage Electric: Circuit Breakers Gas: No Gas Sewer: Public Sewer Water: Public
Listing Office: Vitalius Real Estate Group, LLC
IDX
Last Updated: January - 07 - 2025
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