28 High Street, Portland, ME 04101 (MLS# 1519160)

28 High Street, Portland, ME 04101

$1,675,001

Property Type: Multi-Family Baths: 7 Square Footage: 6,864 Lot Size (sq. ft.): 5,227 Status: Closed

Current Price: $1,675,001 List Date: 2/04/2022 Last Modified: 1/10/2025

Overview

Description

7-unit multi-family building totaling 6,864± SF, Efficient layout with 6 large two-bedroom units spanning from front to back and 1 oversized one-bedroom. Exceptional opportunity for long-term investment, condo conversion or owner-occupancy Equipped with 4 to 5 off-street parking spaces, tenant storage, and a mix of in-unit and common laundry 9 covered decks with views of Casco Bay and the City skyline. 100% occupied with market rental units. Walkable to Portland's Arts, Waterfront, and Old Port districts.

Listing Details MLS# 1519160

Location Information

Street #: 28
Street Name: High
Street Type: Street
County: Cumberland
Town: Portland
State/Province: ME
Zip Code: 04101
Leased Land: No
Book: 31608
Page: 321
Map: 44
Block: A
Lot: 9
Zoning: R6
Zoning Overlay: No
Association: No
Full Tax Amount $: 15730.89
Tax Year: 2022

Contract Information

Original List Price: 1625000

Property Information

Surveyed: No
Seasonal: No
Owner Occupied: No
Number of Units: 7
Total Baths: 7
Total Full Baths: 7
Year Built: 1910
SqFt Finished Above Grade: 6864
SqFt Finished Total: 6864
SqFt Source: Public Records
Garage: No
Lot Size Acres +/-: 0.12
Source of Acreage: Public Records
Total Half Baths: 0
SqFt Finished Below Grade: 0
Garage Spaces: 0

Status Change Info

Pending Date: 2022-02-24
Closed Date: 2022-06-16
Closed Price: 1675001

Water Info

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

Building Info

# Stories: 3
# Floors: 4
# Heating Units: Yes
# Water Heaters: 2

More Information

Units

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

Unit 1

Lease: Yes
Level: Basement
Security Deposit: Yes
Monthly Rent: 1300
# Full Baths: Yes
# of Rooms: 5
# of Bedrooms: 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: Yes
Level: First
Security Deposit: Yes
Monthly Rent: 1675
# Full Baths: Yes
# of Rooms: 6
# of Bedrooms: 2
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: Yes
Level: First
Security Deposit: Yes
Monthly Rent: 1800
# Full Baths: Yes
# of Rooms: 6
# of Bedrooms: 2
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: Yes
Level: Second
Security Deposit: Yes
Monthly Rent: 1664
# Full Baths: Yes
# of Rooms: 6
# of Bedrooms: 2
Dedicated Electric Meter: Yes
Dedicated Gas Meter: No
Dedicated Water Heater: No
Electric: No
Heat: Yes
Range: Yes
Refrigerator: Yes
Water: Yes
Sewer: Yes

Unit 5

Lease: Yes
Level: Second
Security Deposit: Yes
Monthly Rent: 1800
# Full Baths: Yes
# of Rooms: 6
# of Bedrooms: 2
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 6

Lease: Yes
Level: Third
Security Deposit: Yes
Monthly Rent: 1500
# Full Baths: Yes
# of Rooms: 6
# of Bedrooms: 2
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 7

Lease: Yes
Level: Third
Security Deposit: Yes
Monthly Rent: 1700
# Full Baths: Yes
# of Rooms: 6
# of Bedrooms: 2
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

Sold Info

Appraiser Email Address: michelle@mainelandconsultants.com

Site

Sidewalks: Yes
Well Landscaped: Yes

Location

Intown: Yes

Roads

Paved: Yes
Public: Yes

Water Body Type

Bay: Yes

Style

Other: Yes

Construction

Other: Yes

Levels

Multi-Level: Yes

Basement

Other: Yes
Walk-Out Access: Yes

Exterior

Brick: Yes
Wood Siding: Yes

Roof

Membrane: Yes

Heat System

Hot Water: Yes

Heat Fuel

Gas Natural: Yes

Income & Expenses

Gross Income: 144895
Operating Expenses: 50697.03

Cooling

Other: Yes

Floors

Wood: Yes

Parking

1 - 4 Spaces: Yes
Off Street: Yes

Electric

Circuit Breakers: Yes

Gas

Natural - On Site: Yes

Sewer

Public Sewer: Yes

Water

Public: Yes

Driveway

Paved: Yes

Basement Entry

Interior: Yes

Water Heater

Gas: Yes

Amenities

Laundry - 1st Floor: Yes
Laundry - 2nd Floor: Yes
Laundry - Coin: Yes
Laundry - Hookup: Yes
Storage: Yes

Patio and Porch Features

Deck: Yes

Vehicle Storage

No Vehicle Storage: Yes

Property Features

Site: Sidewalks; Well Landscaped Location: Intown Roads: Paved; Public Water Body Type: Bay Style: Other Levels: Multi-Level Construction: Other Basement: Other; Walk-Out Access Basement Entry: Interior Exterior: Brick; Wood Siding Roof: Membrane Heat System: Hot Water Heat Fuel: Gas Natural Water Heater: Gas Cooling: Other Floors: Wood Amenities: Laundry - 1st Floor; Laundry - 2nd Floor; Laundry - Coin; Laundry - Hookup; Storage Patio and Porch Features: Deck Driveway: Paved Parking: 1 - 4 Spaces; Off Street Vehicle Storage: No Vehicle Storage Electric: Circuit Breakers Gas: Natural - On Site Sewer: Public Sewer Water: Public

Documents

Property Disclosure ›

Confidentiality Agreement ›

Property Flyer ›

IDX

Listing Office: Porta & Company

Selling Office: Malone Commercial Brokers, Inc.

Last Updated: January - 10 - 2025

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