45 Cumberland Avenue, Portland, ME 04101
$2,500,000
Property Type:
Multi-Family
Baths:
9
Square Footage:
7,347
Lot Size (sq. ft.):
6,098
Status:
Closed
Current Price:
$2,500,000
List Date:
5/20/2022
Last Modified:
1/11/2025
Description
Incredible Munjoy Hill 5 unit has a lot to offer! 1 NEW house + 2 NEW condo-quality 3rd/4th floor townhouses + 2 large, classic apartments (1st/2nd floor). The stand-alone house was newly constructed in 2015 with a smart, efficient layout, garage, laundry and a deck off the second floor living area. The 4-unit building has two lower units that are classic single-level 3 BR apartments with a ton of charm and potential. Townhouse 1 & Townhouse 2 are newly created 2 bed/2.5bath two-story townhouses designed for maximum south facing light and spectacular views of the city, Casco Bay and the Back Cove. This unique opportunity should be considered by owners looking to live in a condo but with interest in also owning the units around them, or by investors who can see that the sum of the ''parts'' here are worth more than the asking price.
Supplements: ********
More Information MLS# 1529215
Location Information
Book: 37216
Leased Land: No
Page: 142
Map: 13
Block: k
Lot: 61-62
Zoning Overlay: No
Association: No
Street #: 45
Street Name: Cumberland
Street Type: Avenue
County: Cumberland
Town: Portland
State/Province: ME
Zip Code: 04101
Zip +4: 2601
Zoning: R6
Full Tax Amount $: 13773
Tax Year: 2021
Geo Lat: 43.665878
Geo Lon: -70.24946
Property Information
Surveyed: Yes
Seasonal: No
Number of Units: 5
Lot Size Acres +/-: 0.14
Total Baths: 9
Total Half Baths: 2
SqFt Finished Above Grade: 7347
SqFt Finished Below Grade: 0
SqFt Source: Other
Other Source of Square Footage: Estimated based on Public Records
Garage: Yes
Garage Spaces: 1
Total Full Baths: 7
Year Built: 1900
SqFt Finished Total: 7347
Source of Acreage: Public Records
Site
Level: 1
Open: 1
Sidewalks: 1
Location
Intown: 1
Near Public Beach: 1
Near Town: 1
Near Turnpike/Interstate: 1
Roads
Paved: 1
Water Info
Water Frontage: No
Water View: Yes
Water Body Name: Back Cove & Casco Bay
Water Body Type
Bay: 1
Style
Other: 1
Construction
Wood Frame: 1
Levels
Multi-Level: 1
Basement
Full: 1
Slab: 1
Unfinished: 1
Exterior
Vinyl Siding: 1
Roof
Flat: 1
Shingle: 1
Heat System
Forced Air: 1
Hot Water: 1
Zoned: 1
Heat Fuel
Gas Natural: 1
Income & Expenses
Gross Income: 133200
Operating Expenses: 29100
Cooling
None: 1
Floors
Wood: 1
Units
# of 2 BD Units: 3
# of 3 BD Units: 2
Parking
1 - 4 Spaces: 1
Unit 1
Lease: No
Level: First
Security Deposit: No
Monthly Rent: 0
# Full Baths: 1
# of Rooms: 7
# of Bedrooms: 3
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: Yes
Level: Second
Security Deposit: Yes
Monthly Rent: 1800
# Full Baths: 1
# of Rooms: 7
# of Bedrooms: 3
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: Yes
Level: Third
Security Deposit: Yes
Monthly Rent: 3000
# Full Baths: 2
# Half Baths: 1
# of Rooms: 4
# of Bedrooms: 2
Dedicated Electric Meter: Yes
Dedicated Gas Meter: No
Dedicated Water Heater: Yes
Electric: No
Heat: Yes
Range: Yes
Refrigerator: Yes
Sewer: Yes
Water: Yes
Gas
Natural - At Street: 1
Unit 4
Lease: Yes
Level: Third
Security Deposit: Yes
Monthly Rent: 2800
# Full Baths: 2
# Half Baths: 1
# of Rooms: 4
# of Bedrooms: 2
Dedicated Electric Meter: Yes
Dedicated Gas Meter: No
Dedicated Water Heater: Yes
Electric: No
Heat: Yes
Range: Yes
Refrigerator: Yes
Sewer: Yes
Water: Yes
Sewer
Public Sewer: 1
Unit 5
Lease: Yes
Level: First
Security Deposit: Yes
Monthly Rent: 3500
# Full Baths: 1
# of Rooms: 4
# 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
Water
Public: 1
Driveway
Common: 1
Gravel: 1
Sold Info
Appraiser Email Address: jessica@mainelandconsultants.com
Basement Entry
Interior: 1
Water Heater
Electric: 1
Gas: 1
Vehicle Storage
1 Car: 1
Direct Entry to Living: 1
Contract Information
Status: Closed
Original List Price: 3000000
Sold Price: $2,500,000
Current Price: $2,500,000
Status Change Info
Pending Date: 2022-07-19
Closed Date: 2022-09-28
Closed Price: 2500000
Property Features
Site: Level; Open; Sidewalks
Location: Intown; Near Public Beach; Near Town; Near Turnpike/Interstate
Roads: Paved
Water Body Type: Bay
Style: Other
Levels: Multi-Level
Construction: Wood Frame
Basement: Full; Slab; Unfinished
Basement Entry: Interior
Exterior: Vinyl Siding
Roof: Flat; Shingle
Heat System: Forced Air; Hot Water; Zoned
Heat Fuel: Gas Natural
Water Heater: Electric; Gas
Cooling: None
Floors: Wood
Driveway: Common; Gravel
Parking: 1 - 4 Spaces
Vehicle Storage: 1 Car; Direct Entry to Living
Electric: Circuit Breakers
Gas: Natural - At Street
Sewer: Public Sewer
Water: Public
Documents
Lead Paint Addendum Public Access ›
Listing Office:
Vitalius Real Estate Group, LLC
IDX
Last Updated: January - 11 - 2025
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