383 Saint John Street, Portland, ME 04102

$1,450,000

Property Type: Multi-Family Baths: 12 Square Footage: 7,608 Lot Size (sq. ft.): 10,019 Status: Closed

Current Price: $1,450,000 List Date: 9/22/2020 Last Modified: 1/05/2025

Overview

Description

10 units with a large parking lot in a downtown-accessible location. The units are in two sister buildings with 5 apartments in each. These properties reflect the best of good, solid, old-fashioned residential Portland construction. The decks are in excellent condition, the heating systems are newer, and the electrical has been updated. Come walk through to see the existing quality and the value-add potential of this investment opportunity.

Listing Details MLS# 1469877

Location Information

Street #: 383
Street Name: Saint John
Street Type: Street
County: Cumberland
Town: Portland
State/Province: ME
Zip Code: 04102
Zip +4: 2822
Leased Land: No
Book: 17593
Page: 259
Map: 66A
Block: G
Lot: 16
Zoning: R6
Zoning Overlay: No
Association: No
Full Tax Amount $: 13303
Tax Year: 2019

Contract Information

Original List Price: 1300000

Property Information

Surveyed: Yes
Seasonal: No
Owner Occupied: No
Deed/Conveyance Type Offered: Warranty
Deed: All
Deed Restrictions: Unknown
Bank Owned REO: No
2 Detached Houses on 1 Lot: Yes
Number of Units: 10
Total Baths: 12
Total Full Baths: 10
Total Half Baths: 2
Color: green
Year Built: 1910
SqFt Finished Above Grade: 7608
SqFt Finished Total: 7608
SqFt Source: Public Records
Garage: No
Lot Size Acres +/-: 0.23
Source of Acreage: Public Records
SqFt Finished Below Grade: 0
Garage Spaces: 0

Status Change Info

Pending Date: 2020-10-01
Closed Date: 2020-12-04
Closed Price: 1450000

Water Info

Water Frontage: No
Water View: No

Units

# of 1 BD Units: 8
# of 2 BD Units: 2

More Information

Unit 1

Lease: Yes
Level: First
Security Deposit: No
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 2

Lease: No
Level: Second
Security Deposit: Yes
Monthly Rent: 1000
# Full Baths: Yes
# of Rooms: 3
# of Bedrooms: Yes
Dedicated Electric Meter: Yes
Dedicated Gas Meter: No
Dedicated Water Heater: No
Electric: Yes
Heat: Yes
Range: Yes
Refrigerator: Yes
Sewer: Yes
Water: Yes

Unit 3

Lease: Yes
Level: Second
Security Deposit: Yes
Monthly Rent: 950
# Full Baths: Yes
# of Rooms: 3
# of Bedrooms: Yes
Dedicated Electric Meter: Yes
Dedicated Gas Meter: No
Dedicated Water Heater: No
Electric: Yes
Heat: Yes
Range: Yes
Refrigerator: Yes
Sewer: Yes
Water: Yes

Unit 4

Lease: No
Level: Third
Security Deposit: Yes
Monthly Rent: 1000
# Full Baths: Yes
# of Rooms: 3
# of Bedrooms: Yes
Dedicated Electric Meter: Yes
Dedicated Gas Meter: No
Dedicated Water Heater: No
Electric: Yes
Heat: Yes
Range: Yes
Refrigerator: Yes
Water: Yes
Sewer: Yes

Unit 5

Lease: Yes
Level: Third
Security Deposit: Yes
Monthly Rent: 950
# Full Baths: Yes
# of Rooms: 3
# of Bedrooms: Yes
Dedicated Electric Meter: Yes
Dedicated Gas Meter: No
Dedicated Water Heater: No
Electric: Yes
Heat: Yes
Range: Yes
Refrigerator: Yes
Sewer: Yes
Water: Yes

Unit 6

Lease: Yes
Level: First
Security Deposit: Yes
Monthly Rent: 1800
# Full Baths: Yes
# Half Baths: 2
# 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 7

Lease: No
Level: Second
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 8

Lease: No
Level: Second
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 9

Lease: No
Level: Third
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 10

Lease: Yes
Level: Third
Security Deposit: Yes
Monthly Rent: 1100
# Full Baths: Yes
# of Rooms: 3
# of Bedrooms: Yes
Dedicated Electric Meter: Yes
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: chris.stickney@colliers.com

Site

Level: Yes
Open: Yes
Sidewalks: Yes

Location

Near Railroad: Yes
Near Shopping: Yes
Near Town: Yes
Near Turnpike/Interstate: Yes

Roads

Paved: Yes
Public: Yes

Style

Other: Yes

Construction

Wood Frame: Yes

Levels

Multi-Level: Yes

Basement

Full: Yes
Unfinished: Yes

Exterior

Asbestos: Yes

Roof

Flat: Yes
Membrane: Yes

Heat System

Forced Air: Yes
Radiator: Yes
Steam: Yes
Zoned: Yes

Heat Fuel

Gas Natural: Yes

Income & Expenses

Gross Income: 136800
Operating Expenses: 35779

Cooling

None: Yes

Floors

Carpet: Yes
Vinyl: Yes
Wood: Yes

Parking

11 - 20 Spaces: Yes
Off Street: Yes
On Site: Yes

Electric

Circuit Breakers: Yes

Gas

Natural - At Street: Yes

Sewer

Public Sewer: Yes

Water

Public: Yes

Driveway

Common: Yes
Gravel: Yes

Basement Entry

Interior: Yes

Water Heater

Gas: Yes

Amenities

Laundry - Coin: Yes
Shower: Yes
Storage: Yes

Patio and Porch Features

Deck: Yes

Property Features

Site: Level; Open; Sidewalks Location: Near Railroad; Near Shopping; Near Town; Near Turnpike/Interstate Roads: Paved; Public Style: Other Levels: Multi-Level Construction: Wood Frame Basement: Full; Unfinished Basement Entry: Interior Exterior: Asbestos Roof: Flat; Membrane Heat System: Forced Air; Radiator; Steam; Zoned Heat Fuel: Gas Natural Water Heater: Gas Cooling: None Floors: Carpet; Vinyl; Wood Amenities: Laundry - Coin; Shower; Storage Patio and Porch Features: Deck Driveway: Common; Gravel Parking: 11 - 20 Spaces; Off Street; On Site Electric: Circuit Breakers Gas: Natural - At Street Sewer: Public Sewer Water: Public

Documents

Deed (2) Member Only ›

Brochure Member Only ›

Listing Office: Vitalius Real Estate Group, LLC

IDX

Last Updated: January - 05 - 2025

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