27 Morning Street, Portland, ME 04101

$1,425,000

Property Type: Multi-Family Baths: 6 Square Footage: 6,254 Lot Size (sq. ft.): 2,178 Status: Closed

Current Price: $1,425,000 List Date: 7/10/2019 Last Modified: 12/31/2024

Overview

Description

Nice 6 unit located on Munjoy Hill's nicest street! Offering (3) 1 Bedrooms and (3) 2 Bedroom units w/ parking, private decks and amazing water views of the Islands and the Eastern Promenade! Yearly gross income: $135,600 w/ separate electric, newer natural gas boilers and rubber roof . This building is an excellent candidate for a 1031 exchange, Air BnB or take the whole top floor and rent (4) units out.. Why buy a condo when you can have this income producing property!

Listing Details MLS# 1423970

Location Information

Street #: 27
Street Name: Morning
Street Type: Street
County: Cumberland
Town: Portland
State/Province: ME
Zip Code: 04101
Zip +4: 4440
Leased Land: No
Book: 37892
Page: 043
Map: 3
Block: C
Lot: 16
Zoning: R-6
Zoning Overlay: No
Association: No
Full Tax Amount $: 9066
Tax Year: 2018

Contract Information

Original List Price: 1595000

Property Information

Surveyed: Unknown
Seasonal: No
Number of Units: 6
Total Baths: 6
Total Full Baths: 6
Color: Blue
Year Built: 1915
SqFt Finished Above Grade: 6254
SqFt Finished Total: 6254
SqFt Source: Public Records
Garage: No
Lot Size Acres +/-: 0.05
Source of Acreage: Public Records
Road Frontage: No
Total Half Baths: 0
SqFt Finished Below Grade: 0
Garage Spaces: 0

Status Change Info

Pending Date: 2019-07-10
Closed Date: 2019-07-11
Closed Price: 1425000

Water Info

Water Frontage: No
Water View: Yes
Water Body Name: Casco Bay

Building Info

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

More Information

Units

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

Utilities

Utilities On: Yes

Sold Info

Appraiser Email Address: BSOLARI@MAINE.RR.COM

Site

Level: Yes
Sidewalks: Yes

Location

Near Country Club: Yes
Near Shopping: Yes
Neighborhood: Yes

Roads

Paved: Yes
Public: Yes

Water Body Type

Bay: Yes

Recreational Water

Nearby: Yes

Style

Other: Yes

Construction

Wood Frame: Yes

Basement

Full: Yes
Unfinished: Yes

Exterior

Vinyl Siding: Yes

Roof

Membrane: Yes

Heat System

Steam: Yes

Heat Fuel

Gas Natural: Yes

Cooling

None: Yes

Floors

Vinyl: Yes
Wood: Yes

Parking

Off Street: Yes

Electric

Circuit Breakers: Yes

Gas

Natural - On Site: Yes

Sewer

Public Sewer: Yes

Water

Public: Yes

Driveway

Paved: Yes

Basement Entry

Bulkhead: Yes

Water Heater

Gas: Yes

Amenities

1st Floor Bedroom: Yes
Bathtub: Yes
Laundry - Coin: Yes

Equipment

Cable: Yes

Property Features

Site: Level; Sidewalks Location: Near Country Club; Near Shopping; Neighborhood Roads: Paved; Public Water Body Type: Bay Recreational Water: Nearby Style: Other Construction: Wood Frame Basement: Full; Unfinished Basement Entry: Bulkhead Exterior: Vinyl Siding Roof: Membrane Heat System: Steam Heat Fuel: Gas Natural Water Heater: Gas Cooling: None Floors: Vinyl; Wood Amenities: 1st Floor Bedroom; Bathtub; Laundry - Coin Equipment: Cable Driveway: Paved Parking: Off Street Electric: Circuit Breakers Gas: Natural - On Site Sewer: Public Sewer Water: Public

IDX

Listing Office: F.O. Bailey Real Estate

Selling Office: F.O. Bailey 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.