29 St Lawrence Street, Portland, ME 04101

$1,600,000
Property Type: Multi-Family Baths: 7 Square Footage: 6,160 Lot Size (sq. ft.): 4,792 Status: Closed
Current Price: $1,600,000 List Date: 11/10/2020 Last Modified: 1/02/2025

Description

Let your and your buyers imaginations run with this quality amazing opportunity. Quality built at the turn of the century and very well maintained, this 7 unit is an income producer poised to throw off much more income (current rents are well below market) or be re-imagined. There are few streets and spots more desirable in Portland then this elevated site on connected yet quiet St Lawrence Street that's just outside of the Old Port and just a short walk to Fore Points Marina and the forthcoming Portland Foreside neighborhood. A solid investment as is or re-imagine and transform the top floors into a deluxe owners unit with rents below (see concept drawings and imagine the epic views from the upper levels). Opportunity is knocking - are you ready...??

Supplements: ********

More Information MLS# 1443885

Location Information

Book: 5003 Leased Land: No Page: 215 Map: 16 Block: F Lot: 15 Zoning Overlay: No Association: No Street #: 29 Street Name: St Lawrence Street Type: Street County: Cumberland Town: Portland State/Province: ME Zip Code: 04101 Zip +4: 4340 Zoning: R6 Neighborhood Association: East End/Munjoy Hill Full Tax Amount $: 8357 Tax Year: 2019 Geo Lat: 43.664455 Geo Lon: -70.244732

Property Information

Surveyed: Unknown Seasonal: No Number of Units: 7 Deed: All 2 Detached Houses on 1 Lot: No Lot Size Acres +/-: 0.11 Total Baths: 7 Total Half Baths: 0 Color: Light Gray Road Frontage: No SqFt Finished Above Grade: 6160 SqFt Finished Below Grade: 0 SqFt Source: Public Records Garage: No Garage Spaces: 0 Total Full Baths: 7 Year Built: 1915 SqFt Finished Total: 6160 Source of Acreage: Public Records

Site

Level: 1 Open: 1 Rolling/Sloping: 1 Sidewalks: 1 Well Landscaped: 1

Location

Intown: 1 Near Country Club: 1 Near Golf Course: 1 Near Public Beach: 1 Near Railroad: 1 Near Shopping: 1 Near Town: 1 Near Turnpike/Interstate: 1 Neighborhood: 1

Roads

Paved: 1 Public: 1

Transportation

Major Road Access: 1 Near Airport: 1 Public Transport Access: 1 Rail Available: 1

Water Info

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

Water Body Type

Bay: 1 Harbor: 1 Ocean: 1

Recreational Water

Nearby: 1 Public: 1

Style

Other: 1

Construction

Wood Frame: 1

Levels

Multi-Level: 1

Basement

Finished: 1 Full: 1 Partial: 1 Walk-Out Access: 1

View

Scenic: 1

Foundation Materials

Brick/Mortar: 1 Stone: 1

Exterior

Asbestos: 1

Roof

Flat: 1 Membrane: 1

Heat System

Baseboard: 1 Forced Air: 1 Hot Water: 1 Zoned: 1

Building Info

# Stories: 4 # Heating Units: 1 # Water Heaters: 7

Heat Fuel

Gas Natural: 1

Income & Expenses

Gross Income: 0 Operating Expenses: 0

Cooling

None: 1

Floors

Carpet: 1 Tile: 1 Vinyl: 1 Wood: 1

Units

# of 1 BD Units: 3 # of 2 BD Units: 4

Parking

5 - 10 Spaces: 1 Assigned: 1 Off Street: 1 On Site: 1 Paved: 1

Unit 1

Lease: Yes Level: Basement Security Deposit: Yes Monthly Rent: 0 # Full Baths: 1 # of Rooms: 3 # of Bedrooms: 1 Dedicated Electric Meter: Yes Dedicated Gas Meter: No Dedicated Water Heater: No Electric: No Heat: Yes Range: Yes Refrigerator: Yes Sewer: Yes Water: Yes

Electric

Circuit Breakers: 1

Unit 2

Lease: Yes Level: First Security Deposit: Yes Monthly Rent: 0 # Full Baths: 1 # of Rooms: 3 # of Bedrooms: 1 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: No

Unit 3

Lease: Yes Level: First Security Deposit: No Monthly Rent: 0 # Full Baths: 1 # of Rooms: 3 # of Bedrooms: 1 Dedicated Electric Meter: Yes Dedicated Gas Meter: No Dedicated Water Heater: No Electric: No Heat: Yes Range: Yes Refrigerator: Yes Sewer: Yes Water: Yes

Gas

Natural - On Site: 1

Unit 4

Lease: Yes Level: Second Security Deposit: Yes Monthly Rent: 0 # Full Baths: 1 # 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

Sewer

Public Sewer: 1

Unit 5

Lease: Yes Level: Second Security Deposit: Yes Monthly Rent: 0 # Full Baths: 1 # 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

Water

Public: 1

Unit 6

Lease: Yes Level: Third Security Deposit: Yes Monthly Rent: 0 # Full Baths: 1 # 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 7

Lease: Yes Level: Third Security Deposit: Yes Monthly Rent: 0 # Full Baths: 1 # 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

Driveway

Paved: 1

Sold Info

Appraiser Email Address: pcloutier@nea.cc

Restrictions

No Restrictions: 1

Water Heater

Gas: 1

Amenities

1st Floor Bedroom: 1 Laundry - Hookup: 1 One-Floor Living: 1 Other Amenities: 1 Shower: 1 Storage: 1

Patio and Porch Features

Deck: 1 Porch: 1

Vehicle Storage

No Vehicle Storage: 1

Contract Information

Status: Closed Original List Price: 1795000 Sold Price: $1,600,000 Current Price: $1,600,000

Status Change Info

Pending Date: 2020-11-25 Closed Date: 2020-12-28 Closed Price: 1600000

Property Features

Site: Level; Open; Rolling/Sloping; Sidewalks; Well Landscaped Location: Intown; Near Country Club; Near Golf Course; Near Public Beach; Near Railroad; Near Shopping; Near Town; Near Turnpike/Interstate; Neighborhood Roads: Paved; Public Transportation: Major Road Access; Near Airport; Public Transport Access; Rail Available Water Body Type: Bay; Harbor; Ocean Recreational Water: Nearby; Public View: Scenic Style: Other Levels: Multi-Level Construction: Wood Frame Basement: Finished; Full; Partial; Walk-Out Access Foundation Materials: Brick/Mortar; Stone Exterior: Asbestos Roof: Flat; Membrane Heat System: Baseboard; Forced Air; Hot Water; Zoned Heat Fuel: Gas Natural Water Heater: Gas Cooling: None Floors: Carpet; Tile; Vinyl; Wood Amenities: 1st Floor Bedroom; Laundry - Hookup; One-Floor Living; Other Amenities; Shower; Storage Patio and Porch Features: Deck; Porch Driveway: Paved Parking: 5 - 10 Spaces; Assigned; Off Street; On Site; Paved Vehicle Storage: No Vehicle Storage Restrictions: No Restrictions Electric: Circuit Breakers Gas: Natural - On Site Sewer: Public Sewer Water: Public
Listing Office: Benchmark Real Estate
IDX
Last Updated: January - 02 - 2025
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