287 State Street, Portland, ME 04101

$1,110,000
Property Type: Multi-Family Baths: 6 Square Footage: 7,978 Lot Size (sq. ft.): 4,356 Status: Closed
Current Price: $1,110,000 List Date: 9/18/2020 Last Modified: 1/04/2025

Overview

Description

Solid 6 unit building located in Parkside. Large units with 2 to 3 bedrooms, period charm, hardwood floors. 3 Units have been recently renovated. Great rental history, solid income, and upside potential.

Listing Details MLS# 1469458

Location Information

Street #
287
Street Name
State
Street Type
Street
County
Cumberland
Town
Portland
State/Province
ME
Zip Code
04101
Zip +4
2384
Leased Land
No
Book
33675
Page
168
Map
36
Block
D
Lot
2
Zoning
R6
Zoning Overlay
No
Association
No
Full Tax Amount $
9688
Tax Year
2019

Contract Information

Original List Price
1250000

Property Information

Surveyed
Unknown
Seasonal
No
Number of Units
6
Total Baths
6
Total Full Baths
6
Year Built
1910
SqFt Finished Above Grade
7978
SqFt Finished Total
7978
SqFt Source
Appraiser
Garage
No
Lot Size Acres +/-
0.1
Source of Acreage
Public Records
Total Half Baths
0
SqFt Finished Below Grade
0
Garage Spaces
0

Status Change Info

Pending Date
2020-09-18
Closed Date
2020-09-24
Closed Price
1110000

Water Info

Water Frontage
No
Water View
No

Building Info

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

More Information

Units

# of 2 BD Units
5
# of 3 BD Units
Yes

Unit 1

Lease
Yes
Level
First
Security Deposit
Yes
Monthly Rent
1950
# Full Baths
Yes
# of Rooms
5
# of Bedrooms
3
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
No
Level
Second
Security Deposit
Yes
Monthly Rent
1700
# Full Baths
Yes
# of Rooms
5
# 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
No
Level
Third
Security Deposit
Yes
Monthly Rent
1600
# Full Baths
Yes
# of Rooms
4
# 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
No
Level
First
Security Deposit
Yes
Monthly Rent
1300
# Full Baths
Yes
# of Rooms
5
# 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
No
Level
Second
Security Deposit
Yes
Monthly Rent
1600
# Full Baths
Yes
# of Rooms
5
# 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
No
Level
Third
Security Deposit
Yes
Monthly Rent
1335
# Full Baths
Yes
# of Rooms
4
# of Bedrooms
2
Dedicated Electric Meter
No
Dedicated Gas Meter
No
Dedicated Water Heater
No
Electric
Yes
Heat
Yes
Range
Yes
Refrigerator
Yes
Sewer
Yes
Water
Yes

Utilities

Utilities On
Yes

Sold Info

Appraiser Email Address
jason@mainelandconsultants.com

Site

Sidewalks
Yes

Location

Intown
Yes
Near Shopping
Yes
Neighborhood
Yes

Roads

Public
Yes

Transportation

Major Road Access
Yes
Public Transport Access
Yes

Style

Other
Yes

Construction

Wood Frame
Yes

Levels

Multi-Level
Yes

Basement

Full
Yes
Unfinished
Yes

Foundation Materials

Brick/Mortar
Yes
Stone
Yes

Exterior

Vinyl Siding
Yes

Roof

Shingle
Yes

Heat System

Forced Air
Yes
Hot Water
Yes
Zoned
Yes

Heat Fuel

Gas Natural
Yes
Oil
Yes

Income & Expenses

Gross Income
113000
Operating Expenses
31058

Cooling

None
Yes

Floors

Tile
Yes
Vinyl
Yes
Wood
Yes

Parking

No Parking
Yes

Electric

Circuit Breakers
Yes

Gas

Natural - On Site
Yes

Sewer

Public Sewer
Yes

Water

Public
Yes

Driveway

No Driveway
Yes

Basement Entry

Bulkhead
Yes
Interior
Yes

Water Heater

Gas
Yes

Vehicle Storage

No Vehicle Storage
Yes

Property Features

Site: Sidewalks Location: Intown; Near Shopping; Neighborhood Roads: Public Transportation: Major Road Access; Public Transport Access Style: Other Levels: Multi-Level Construction: Wood Frame Basement: Full; Unfinished Basement Entry: Bulkhead; Interior Foundation Materials: Brick/Mortar; Stone Exterior: Vinyl Siding Roof: Shingle Heat System: Forced Air; Hot Water; Zoned Heat Fuel: Gas Natural; Oil Water Heater: Gas Cooling: None Floors: Tile; Vinyl; Wood Driveway: No Driveway Parking: No Parking Vehicle Storage: No Vehicle Storage Electric: Circuit Breakers Gas: Natural - On Site Sewer: Public Sewer Water: Public
Listing Office: Portside Real Estate Group
IDX
Last Updated: January - 04 - 2025
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