33 Hill Street, South Portland, ME 04106

$1,600,000
Property Type: Multi-Family Lot Size (sq. ft.): 25,700 Status: Closed
Current Price: $1,600,000 List Date: 5/17/2018 Last Modified: 12/25/2024

Description

Inventory...what inventory!? Any investor will want this easily managed, and updated asset in their portfolio. Offering 10, 2 bedroom units in 2 buildings with 19 paved parking spaces. Tenants and future tenants are well located for easy biking, walking, running or driving access to Portland, Cape & Scarborough beaches, and The Greenbelt Walkway is just steps away. "The Greenbelt is enjoyed by thousands of residents and visitors each year. From west to east, the trail spans 5.6 miles." The 4 unit was totally rebuilt in approx. 2013 after a fire. The 6 unit has had many recent updates, 3 have new kitchens and all 6 have new appliances including stackable w/d. Separate gas & electric meters help lower expenses and a laundry room! Group showing 10-11 on Thursday May 31.

Supplements: ********

More Information MLS# 1350632

Location Information

Book: 32103 Leased Land: No Page: 0105 Map: 025 Lot: 286 Zoning Overlay: No Association: No Street #: 33 Street Name: Hill Street Type: Street County: Cumberland Town: South Portland State/Province: ME Zip Code: 04106 Zip +4: 4203 Zoning: LB Full Tax Amount $: 12731 Tax Year: 2017 Geo Lat: 43.630158 Geo Lon: -70.270477

Property Information

Surveyed: Unknown Seasonal: No Owner Occupied: No Number of Units: 10 Deed/Conveyance Type Offered: Trustee Bank Owned REO: No 2 Detached Houses on 1 Lot: No Lot Size Acres +/-: 0.59 Total Baths: 0 Total Half Baths: 0 Color: White Road Frontage: No SqFt Finished Above Grade: 0 SqFt Finished Below Grade: 0 Year Built: 1986 Source of Acreage: Public Records

Site

Level: 1 Open: 1 Sidewalks: 1

Location

Business District: 1 Near Shopping: 1

Roads

Paved: 1 Public: 1

Water Info

Water Frontage: No Water View: No Island: No

Style

Garrison: 1

Construction

Wood Frame: 1

Basement

None: 1 Slab: 1

Exterior

Vinyl Siding: 1

Roof

Shingle: 1

Heat System

Direct Vent Heater: 1 Radiator: 1

Building Info

# Stories: 2 # Floors: 2 # Heating Units: 10 # Water Heaters: 11

Heat Fuel

Electric: 1 Gas Natural: 1

Income & Expenses

Gross Income: 154848 Operating Expenses: 35632

Cooling

None: 1

Floors

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

Units

# of 2 BD Units: 10

Parking

11 - 20 Spaces: 1 On Site: 1 Paved: 1

Unit 1

Dedicated Electric Meter: Yes Dedicated Gas Meter: Yes Dedicated Water Heater: Yes Electric: Yes Heat: Yes Range: No Refrigerator: No Sewer: No Water: Yes

Electric

Circuit Breakers: 1

Utilities

Utilities On: No

Gas

Natural - On Site: 1

Sewer

Public Sewer: 1

Water

Public: 1

Driveway

Common: 1 Paved: 1

Basement Entry

Not Applicable: 1

Water Heater

Electric: 1

Amenities

Laundry - Coin: 1 One-Floor Living: 1 Sprinkler: 1

Equipment

Cable: 1

Vehicle Storage

No Vehicle Storage: 1

Contract Information

Status: Closed Original List Price: 1750000 Sold Price: $1,600,000 Current Price: $1,600,000

Status Change Info

Pending Date: 2018-05-30 Closed Date: 2018-07-30 Closed Price: 1600000

Property Features

Site: Level; Open; Sidewalks Location: Business District; Near Shopping Roads: Paved; Public Style: Garrison Construction: Wood Frame Basement: None; Slab Basement Entry: Not Applicable Exterior: Vinyl Siding Roof: Shingle Heat System: Direct Vent Heater; Radiator Heat Fuel: Gas Natural Water Heater: Electric Cooling: None Floors: Carpet; Tile; Vinyl; Wood Amenities: Laundry - Coin; One-Floor Living; Sprinkler Equipment: Cable Driveway: Common; Paved Parking: 11 - 20 Spaces; On Site; Paved Vehicle Storage: No Vehicle Storage Electric: Circuit Breakers Gas: Natural - On Site Sewer: Public Sewer Water: Public
Listing Office: Morrison Real Estate
IDX
Last Updated: December - 25 - 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 ©2022 Maine Real Estate Information System, Inc. All Rights Reserved. Equal Housing Opportunity.