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

Overview

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...??

Listing Details MLS# 1443885

Location Information

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

Contract Information

Original List Price
1795000

Property Information

Surveyed
Unknown
Seasonal
No
Deed
All
2 Detached Houses on 1 Lot
No
Number of Units
7
Total Baths
7
Total Full Baths
7
Color
Light Gray
Year Built
1915
SqFt Finished Above Grade
6160
SqFt Finished Total
6160
SqFt Source
Public Records
Garage
No
Lot Size Acres +/-
0.11
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
2020-11-25
Closed Date
2020-12-28
Closed Price
1600000

Water Info

Water Frontage
No
Water View
Yes
Water Body Name
Casco Bay

Building Info

# Stories
4
# Heating Units
Yes
# Water Heaters
7

More Information

Units

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

Unit 1

Lease
Yes
Level
Basement
Security Deposit
Yes
# Full Baths
Yes
# of Rooms
3
# 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
Monthly Rent
0

Unit 2

Lease
Yes
Level
First
Security Deposit
Yes
# Full Baths
Yes
# of Rooms
3
# 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
Monthly Rent
0

Unit 3

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

Unit 4

Lease
Yes
Level
Second
Security Deposit
Yes
# 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
Water
Yes
Monthly Rent
0
Sewer
Yes

Unit 5

Lease
Yes
Level
Second
Security Deposit
Yes
# 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
Monthly Rent
0

Unit 6

Lease
Yes
Level
Third
Security Deposit
Yes
# 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
Monthly Rent
0

Unit 7

Lease
Yes
Level
Third
Security Deposit
Yes
# 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
Monthly Rent
0

Utilities

Utilities On
No

Sold Info

Appraiser Email Address
pcloutier@nea.cc

Site

Level
Yes
Open
Yes
Rolling/Sloping
Yes
Sidewalks
Yes
Well Landscaped
Yes

Location

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

Roads

Paved
Yes
Public
Yes

Transportation

Major Road Access
Yes
Near Airport
Yes
Public Transport Access
Yes
Rail Available
Yes

Water Body Type

Bay
Yes
Harbor
Yes
Ocean
Yes

Recreational Water

Nearby
Yes
Public
Yes

Style

Other
Yes

Construction

Wood Frame
Yes

Levels

Multi-Level
Yes

Basement

Finished
Yes
Full
Yes
Partial
Yes
Walk-Out Access
Yes

View

Scenic
Yes

Foundation Materials

Brick/Mortar
Yes
Stone
Yes

Exterior

Asbestos
Yes

Roof

Flat
Yes
Membrane
Yes

Heat System

Baseboard
Yes
Forced Air
Yes
Hot Water
Yes
Zoned
Yes

Heat Fuel

Gas Natural
Yes

Income & Expenses

Gross Income
0
Operating Expenses
0

Cooling

None
Yes

Floors

Carpet
Yes
Tile
Yes
Vinyl
Yes
Wood
Yes

Parking

5 - 10 Spaces
Yes
Assigned
Yes
Off Street
Yes
On Site
Yes
Paved
Yes

Electric

Circuit Breakers
Yes

Gas

Natural - On Site
Yes

Sewer

Public Sewer
Yes

Water

Public
Yes

Driveway

Paved
Yes

Restrictions

No Restrictions
Yes

Water Heater

Gas
Yes

Amenities

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

Patio and Porch Features

Deck
Yes
Porch
Yes

Vehicle Storage

No Vehicle Storage
Yes

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
IDX
Listing Office: Benchmark Real Estate
Selling Office: Gardner Real Estate Group
Last Updated: January - 02 - 2025
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