237 High Street, Portland, ME 04101 (MLS# 1583239)

237 High Street, Portland, ME 04101

$1,600,000

Virtual Tour

https://www.propertypanorama.com/instaview/mreis/1583239

Property Type: Multi-Family Baths: 11 Square Footage: 8,956 Lot Size (sq. ft.): 4,792 Status: Closed

Current Price: $1,600,000 List Date: 3/01/2024 Last Modified: 1/17/2025

Overview

Description

Large 11-unit apartment building in downtown Portland. Building offers historical character and woodwork including original moldings, floors, fireplaces, stairwells, etc. Nice mix of 1-bedroom, 2-bedroom and 3-bedroom units. Newer heating system, 2016 rubber membrane roof, separate electrical services, spray foam insulation, coin-op laundry and much more. Potential to increase rents. Convenient Parkside location, close to Deering Oaks Park, Portland YMCA, and short walk to Congress Street and the Art's District. Also see Commercial Listing #1583239

Listing Details MLS# 1583239

Location Information

Street #: 237
Street Name: High
Street Type: Street
County: Cumberland
Town: Portland
State/Province: ME
Zip Code: 04101
Leased Land: No
Book: 40566
Page: 177
Map: 36
Block: G
Lot: 10
Zoning: R-6
Zoning Overlay: Unknown
Association: No
Full Tax Amount $: 24112
Tax Year: 2023

Contract Information

Original List Price: 1695000

Property Information

Surveyed: Unknown
Seasonal: No
Deed/Conveyance Type Offered: Quit Claim w/Covenant
Deed: Partial
2 Detached Houses on 1 Lot: No
Number of Units: 11
Total Baths: 11
Total Full Baths: 11
Color: Gray
Year Built: 1910
SqFt Finished Above Grade: 8124
SqFt Finished Below Grade: 832
SqFt Finished Total: 8956
SqFt Source: Public Records
Garage: No
Lot Size Acres +/-: 0.11
Source of Acreage: Public Records
Total Half Baths: 0
Garage Spaces: 0

Status Change Info

Pending Date: 2024-03-08
Closed Date: 2024-04-25
Closed Price: 1600000

Water Info

Water Frontage: No
Water View: No

Building Info

# Floors: 3
# Heating Units: Yes
# Water Heaters: Yes

More Information

Units

# of 1 BD Units: 6
# of 2 BD Units: 3
# of 3 BD Units: 2

Unit 1

Lease: Yes
Level: First
Security Deposit: Yes
Monthly Rent: 1200
# Full Baths: Yes
# of Rooms: 3
# of Bedrooms: Yes
Dedicated Electric Meter: Yes
Dedicated Gas Meter: Yes
Dedicated Water Heater: No
Electric: Yes
Heat: Yes
Range: Yes
Refrigerator: Yes
Sewer: Yes
Water: Yes

Unit 2

Lease: Yes
Level: First
Security Deposit: Yes
Monthly Rent: 1604
# Full Baths: Yes
# of Rooms: 3
# of Bedrooms: Yes
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 3

Lease: Yes
Level: First
Security Deposit: Yes
Monthly Rent: 2163
# Full Baths: Yes
# 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 4

Lease: Yes
Level: Second
Security Deposit: Yes
Monthly Rent: 1522
# Full Baths: Yes
# 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
Water: Yes
Sewer: Yes

Unit 5

Lease: No
Level: Second
Security Deposit: Yes
Monthly Rent: 1012
# Full Baths: Yes
# of Rooms: 3
# of Bedrooms: Yes
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 6

Lease: Yes
Level: Second
Security Deposit: Yes
Monthly Rent: 1573
# Full Baths: Yes
# of Rooms: 5
# of Bedrooms: 3
Dedicated Electric Meter: Yes
Dedicated Gas Meter: Yes
Dedicated Water Heater: No
Electric: No
Heat: Yes
Range: No
Refrigerator: Yes
Sewer: Yes
Water: Yes

Unit 7

Lease: Yes
Level: Third
Security Deposit: Yes
Monthly Rent: 1485
# Full Baths: Yes
# 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: No
Level: Third
Security Deposit: Yes
Monthly Rent: 1604
# Full Baths: Yes
# of Rooms: 3
# of Bedrooms: Yes
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: Third
Security Deposit: Yes
Monthly Rent: 1414
# Full Baths: Yes
# 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 10

Lease: Yes
Level: First
Security Deposit: Yes
Monthly Rent: 1165
# Full Baths: Yes
# of Rooms: 3
# of Bedrooms: Yes
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: Basement
Security Deposit: Yes
Monthly Rent: 1141
# Full Baths: Yes
# of Rooms: 3
# of Bedrooms: Yes
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

Site

Level: Yes
Open: Yes
Sidewalks: Yes

Location

Intown: Yes
Near Railroad: Yes
Near Shopping: Yes
Near Town: Yes
Near Turnpike/Interstate: Yes

Roads

Paved: Yes
Public: Yes

Style

Victorian: Yes

Construction

Wood Frame: Yes

Basement

Finished: Yes
Full: Yes
Unfinished: Yes

Foundation Materials

Brick/Mortar: Yes
Stone: Yes

Exterior

Vinyl Siding: Yes

Roof

Membrane: Yes

Heat System

Forced Air: Yes
Hot Water: Yes

Heat Fuel

Gas Natural: Yes

Income & Expenses

Gross Income: 190596
Operating Expenses: 76912

Cooling

None: Yes

Floors

Carpet: Yes
Vinyl: Yes
Wood: Yes

Parking

1 - 4 Spaces: Yes
Off Street: Yes
Paved: Yes

Electric

Circuit Breakers: Yes

Gas

Natural - At Street: Yes

Sewer

Public Sewer: Yes

Water

Public: Yes

Driveway

Paved: Yes

Basement Entry

Interior: Yes

Water Heater

Off Heating System: Yes

Amenities

Laundry - Coin: Yes

Vehicle Storage

No Vehicle Storage: Yes

Property Features

Site: Level; Open; Sidewalks Location: Intown; Near Railroad; Near Shopping; Near Town; Near Turnpike/Interstate Roads: Paved; Public Style: Victorian Construction: Wood Frame Basement: Finished; Full; Unfinished Basement Entry: Interior Foundation Materials: Brick/Mortar; Stone Exterior: Vinyl Siding Roof: Membrane Heat System: Forced Air; Hot Water Heat Fuel: Gas Natural Water Heater: Off Heating System Cooling: None Floors: Carpet; Vinyl; Wood Amenities: Laundry - Coin Driveway: Paved Parking: 1 - 4 Spaces; Off Street; Paved Vehicle Storage: No Vehicle Storage Electric: Circuit Breakers Gas: Natural - At Street Sewer: Public Sewer Water: Public

Documents

I&E, Disclosures, Deed, LPA, Arsenic ›

IDX

Listing Office: Town & Shore Real Estate

Selling Office: Non MREIS Agency

Last Updated: January - 17 - 2025

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