42 Vesper Street, Portland, ME 04101

$1,360,000
Property Type: Multi-Family Baths: 3 Square Footage: 4,080 Lot Size (sq. ft.): 3,049 Status: Closed
Current Price: $1,360,000 List Date: 7/23/2024 Last Modified: 1/18/2025

Description

Located on Portland's Munjoy Hill, this classic triple-decker is ready for you. Completely rebuilt in 1985, it boasts modern electrical systems, plumbing, insulation, updated mechanicals. Each unit features 2 bedrooms, 1 bathroom, an eat-in kitchen, and a spacious living area. Shared laundry in the basement, parking, and shared yard. With nearby restaurants, coffee shops, the Eastern Promenade, and East End beach, you'll always have something to do. This is a great investment property, or turn the top floor into an owners suite with ocean views!

Supplements: ********

More Information MLS# 1597892

Location Information

Book: 38687 Leased Land: No Page: 203 Map: 3 Lot: I Zoning Overlay: No Association: No Street #: 42 Street Name: Vesper Street Type: Street County: Cumberland Town: Portland State/Province: ME Zip Code: 04101 Zip +4: 4489 Zoning: 3 Neighborhood Association: East End/Munjoy Hill Full Tax Amount $: 12916 Tax Year: 2023 Geo Lat: 43.666154 Geo Lon: -70.243283

Property Information

Surveyed: Unknown Seasonal: No Number of Units: 3 Lot Size Acres +/-: 0.07 Total Baths: 3 Total Half Baths: 0 SqFt Finished Above Grade: 4080 SqFt Finished Below Grade: 0 SqFt Source: Public Records Garage: No Garage Spaces: 0 Total Full Baths: 3 Year Built: 1903 SqFt Finished Total: 4080 Source of Acreage: Public Records

Site

Level: 1 Sidewalks: 1

Location

Intown: 1 Near Shopping: 1

Roads

Paved: 1 Public: 1

Transportation

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

Water Info

Water Frontage: No Water View: No

Recreational Water

Nearby: 1

Style

Other: 1

Construction

Wood Frame: 1

Levels

Multi-Level: 1

Basement

Bulkhead: 1 Finished: 1 Unfinished: 1

Foundation Materials

Brick/Mortar: 1 Stone: 1

Exterior

Vinyl Siding: 1

Roof

Membrane: 1

Heat System

Forced Air: 1

Building Info

# Stories: 3 # Floors: 3 # Heating Units: 3

Heat Fuel

Gas Natural: 1

Income & Expenses

Gross Income: 888000 Operating Expenses: 13000

Cooling

None: 1

Floors

Carpet: 1 Vinyl: 1 Wood: 1

Units

# of 2 BD Units: 3

Parking

1 - 4 Spaces: 1 Off Street: 1

Unit 1

Lease: No Level: First Security Deposit: Yes Monthly Rent: 2300 # Full Baths: 1 # of Rooms: 5 # of Bedrooms: 2 Dedicated Electric Meter: Yes Dedicated Gas Meter: Yes Dedicated Water Heater: Yes Electric: No Heat: No Range: Yes Refrigerator: Yes Sewer: Yes Water: Yes

Electric

Circuit Breakers: 1

Unit 2

Lease: Yes Level: Second Security Deposit: Yes Monthly Rent: 2400 # Full Baths: 1 # of Rooms: 5 # of Bedrooms: 2 Dedicated Electric Meter: Yes Dedicated Gas Meter: Yes Dedicated Water Heater: No Electric: No Heat: No Range: Yes Refrigerator: Yes Sewer: Yes Water: Yes

Utilities

Utilities On: Yes

Unit 3

Lease: Yes Level: Third Security Deposit: Yes Monthly Rent: 2700 # Full Baths: 1 # of Rooms: 5 # of Bedrooms: 2 Dedicated Electric Meter: Yes Dedicated Gas Meter: Yes Dedicated Water Heater: No Electric: No Heat: No Range: Yes Refrigerator: Yes Sewer: Yes Water: Yes

Gas

Natural - On Site: 1

Sewer

Public Sewer: 1

Water

Public: 1

Driveway

Paved: 1

Sold Info

Appraiser Email Address: mike@loisjordan.com

Basement Entry

Bulkhead: 1 Interior: 1

Water Heater

Gas: 1 Off Heating System: 1 On Demand: 1

Patio and Porch Features

Deck: 1

Vehicle Storage

No Vehicle Storage: 1

Contract Information

Status: Closed Original List Price: 1360000 Sold Price: $1,360,000 Current Price: $1,360,000

Status Change Info

Pending Date: 2024-06-22 Closed Date: 2024-07-22 Closed Price: 1360000

Property Features

Site: Level; Sidewalks Location: Intown; Near Shopping Roads: Paved; Public Transportation: Major Road Access; Near Airport; Public Transport Access Recreational Water: Nearby Style: Other Levels: Multi-Level Construction: Wood Frame Basement: Bulkhead; Finished; Unfinished Basement Entry: Bulkhead; Interior Foundation Materials: Brick/Mortar; Stone Exterior: Vinyl Siding Roof: Membrane Heat System: Forced Air Heat Fuel: Gas Natural Water Heater: Gas; Off Heating System; On Demand Cooling: None Floors: Carpet; Vinyl; Wood Patio and Porch Features: Deck Driveway: Paved Parking: 1 - 4 Spaces; Off Street Vehicle Storage: No Vehicle Storage Electric: Circuit Breakers Gas: Natural - On Site Sewer: Public Sewer Water: Public
Listing Office: Waypoint Brokers Collective
IDX
Last Updated: January - 18 - 2025
Broker Attribution: ali@waypointbrokers.com

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