44 Deering Street, Portland, ME 04101
$1,245,000
Property Type:
Multi-Family
Baths:
5
Square Footage:
3,114
Lot Size (sq. ft.):
2,614
Status:
Closed
Current Price:
$1,245,000
List Date:
1/19/2024
Last Modified:
1/17/2025
Description
This impressive brick five-unit residence, stands proudly on the sought-after Deering St. Meticulously maintained, the property boasts remarkable quality, significant updates, and abundant opportunities. Nestled on historic Deering St, surrounded by grand single-family homes and row houses, it offers the epitome of in-town living on a tranquil tree-lined street. Close to all that Portland has to offer, this property provides an unparalleled combination of walkability, bikeability, and rentability. Each of the five units comprises one bedroom and one bath, featuring great natural light and a wealth of period charm. Whether seeking a low-stress addition to an investment portfolio, exploring condo conversion potential, or considering owner occupancy, this property fits the bill. The seller has demonstrated a commitment to stewardship, evident in the super-efficient heating system and well-maintained exterior. While the owner covers heat and hot water expenses, electric costs are borne by renters. Ample street parking is available, with potential rental spaces in adjacent lots and a parking garage within three blocks. Two units have been intentionally left vacant, presenting an enticing opportunity for the next owner. Photos are of Unit #5
Supplements: ********
More Information MLS# 1580731
Location Information
Book: 40099
Leased Land: No
Page: 270
Map: 47
Block: C
Lot: 13
Zoning Overlay: No
Association: No
Street #: 44
Street Name: Deering
Street Type: Street
County: Cumberland
Town: Portland
State/Province: ME
Zip Code: 04101
Zip +4: 2267
Zoning: R6
Neighborhood Association: Parkside
Full Tax Amount $: 11793.14
Tax Year: 2024
Geo Lat: 43.653983
Geo Lon: -70.268254
Property Information
Surveyed: Unknown
Seasonal: No
Owner Occupied: No
Number of Units: 5
Deed: All
Lot Size Acres +/-: 0.06
Total Baths: 5
Total Half Baths: 0
Color: Brick
Road Frontage: No
SqFt Finished Above Grade: 3114
SqFt Finished Below Grade: 0
SqFt Source: Public Records
Garage: No
Garage Spaces: 0
Total Full Baths: 5
Year Built: 1900
SqFt Finished Total: 3114
Source of Acreage: Public Records
Site
Level: 1
Open: 1
Sidewalks: 1
Well Landscaped: 1
Location
Historic District: 1
Intown: 1
Near Country Club: 1
Near Golf Course: 1
Near Public Beach: 1
Near Shopping: 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: No
Recreational Water
Nearby: 1
Public: 1
Style
Row-End: 1
Construction
Masonry: 1
Basement
Full: 1
Unfinished: 1
Walk-Out Access: 1
Foundation Materials
Brick/Mortar: 1
Stone: 1
Exterior
Brick: 1
Roof
Membrane: 1
Slate: 1
Heat System
Baseboard: 1
Hot Water: 1
Radiator: 1
Zoned: 1
Building Info
# Fireplaces: 2
# Stories: 3
# Floors: 3
# Heating Units: 1
Heat Fuel
Gas Natural: 1
Income & Expenses
Gross Income: 95088
Operating Expenses: 23268
Cooling
None: 1
Floors
Laminate: 1
Tile: 1
Wood: 1
Units
# of 1 BD Units: 5
Parking
No Parking: 1
Unit 1
Lease: No
Level: First
Security Deposit: No
Monthly Rent: 0
# Full Baths: 1
# of Rooms: 2
# 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: No
Level: First
Security Deposit: Yes
Monthly Rent: 1375
# 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: Yes
Unit 3
Lease: No
Level: Second
Security Deposit: Yes
Monthly Rent: 1600
# 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: No
Level: Second
Security Deposit: Yes
Monthly Rent: 1475
# 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
Sewer
Public Sewer: 1
Unit 5
Lease: No
Level: Third
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
Water
Public: 1
Driveway
No Driveway: 1
Basement Entry
Interior: 1
Water Heater
Off Heating System: 1
Tank: 1
Amenities
1st Floor Bedroom: 1
Attic: 1
Bathtub: 1
Laundry - Coin: 1
One-Floor Living: 1
Other Amenities: 1
Shower: 1
Storage: 1
Vehicle Storage
No Vehicle Storage: 1
Contract Information
Status: Closed
Original List Price: 1299000
Sold Price: $1,245,000
Current Price: $1,245,000
Status Change Info
Pending Date: 2024-02-28
Closed Date: 2024-03-28
Closed Price: 1245000
Property Features
Site: Level; Open; Sidewalks; Well Landscaped
Location: Historic District; Intown; Near Country Club; Near Golf Course; Near Public Beach; Near Shopping; Near Turnpike/Interstate; Neighborhood
Roads: Paved; Public
Transportation: Major Road Access; Near Airport; Public Transport Access; Rail Available
Recreational Water: Nearby; Public
Style: Row-End
Construction: Masonry
Basement: Full; Unfinished; Walk-Out Access
Basement Entry: Interior
Foundation Materials: Brick/Mortar; Stone
Exterior: Brick
Roof: Membrane; Slate
Heat System: Baseboard; Hot Water; Radiator; Zoned
Heat Fuel: Gas Natural
Water Heater: Off Heating System; Tank
Cooling: None
Floors: Laminate; Tile; Wood
Amenities: 1st Floor Bedroom; Attic; Bathtub; Laundry - Coin; One-Floor Living; Other Amenities; Shower; Storage
Driveway: No Driveway
Parking: No Parking
Vehicle Storage: No Vehicle Storage
Electric: Circuit Breakers
Gas: Natural - On Site
Sewer: Public Sewer
Water: Public
Documents
Listing Office:
Keller Williams Realty
IDX
Last Updated: January - 17 - 2025
Broker Attribution:
(207) 232-8877
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.

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