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

Overview

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 ... (Read more)

Listing Details MLS# 1580731

Location Information

Street #: 44
Street Name: Deering
Street Type: Street
County: Cumberland
Town: Portland
State/Province: ME
Zip Code: 04101
Zip +4: 2267
Leased Land: No
Book: 40099
Page: 270
Map: 47
Block: C
Lot: 13
Zoning: R6
Zoning Overlay: No
Neighborhood Association: Parkside
Association: No
Full Tax Amount $: 11793.14
Tax Year: 2024

Contract Information

Original List Price: 1299000

Property Information

Surveyed: Unknown
Seasonal: No
Owner Occupied: No
Deed: All
Number of Units: 5
Total Baths: 5
Total Full Baths: 5
Color: Brick
Year Built: 1900
SqFt Finished Above Grade: 3114
SqFt Finished Total: 3114
SqFt Source: Public Records
Garage: No
Lot Size Acres +/-: 0.06
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: 2024-02-28
Closed Date: 2024-03-28
Closed Price: 1245000

Water Info

Water Frontage: No
Water View: No

Building Info

# Fireplaces: 2
# Stories: 3
# Floors: 3
# Heating Units: Yes

More Information

Units

# of 1 BD Units: 5

Unit 1

Lease: No
Level: First
Security Deposit: No
# Full Baths: Yes
# of Rooms: 2
# 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: No
Level: First
Security Deposit: Yes
Monthly Rent: 1375
# 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

Unit 3

Lease: No
Level: Second
Security Deposit: Yes
Monthly Rent: 1600
# 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

Unit 4

Lease: No
Level: Second
Security Deposit: Yes
Monthly Rent: 1475
# 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
Water: Yes
Sewer: Yes

Unit 5

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

Utilities

Utilities On: Yes

Site

Level: Yes
Open: Yes
Sidewalks: Yes
Well Landscaped: Yes

Location

Historic District: Yes
Intown: Yes
Near Country Club: Yes
Near Golf Course: Yes
Near Public Beach: Yes
Near Shopping: 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

Recreational Water

Nearby: Yes
Public: Yes

Style

Row-End: Yes

Construction

Masonry: Yes

Basement

Full: Yes
Unfinished: Yes
Walk-Out Access: Yes

Foundation Materials

Brick/Mortar: Yes
Stone: Yes

Exterior

Brick: Yes

Roof

Membrane: Yes
Slate: Yes

Heat System

Baseboard: Yes
Hot Water: Yes
Radiator: Yes
Zoned: Yes

Heat Fuel

Gas Natural: Yes

Income & Expenses

Gross Income: 95088
Operating Expenses: 23268

Cooling

None: Yes

Floors

Laminate: Yes
Tile: Yes
Wood: Yes

Parking

No Parking: Yes

Electric

Circuit Breakers: Yes

Gas

Natural - On Site: Yes

Sewer

Public Sewer: Yes

Water

Public: Yes

Driveway

No Driveway: Yes

Basement Entry

Interior: Yes

Water Heater

Off Heating System: Yes
Tank: Yes

Amenities

1st Floor Bedroom: Yes
Attic: Yes
Bathtub: Yes
Laundry - Coin: Yes
One-Floor Living: Yes
Other Amenities: Yes
Shower: Yes
Storage: Yes

Vehicle Storage

No Vehicle Storage: Yes

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

Lead Paint Addendum Public Access ›

Property Disclosure Public Access ›

Deed Public Access ›

I&E ›

Listing Office: Keller Williams Realty

IDX

Last Updated: January - 17 - 2025

Broker Attribution: (207) 232-8877

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