52 Atlantic Street, Portland, ME 04101

$1,550,000
Property Type: Multi-Family Baths: 3 Square Footage: 4,150 Lot Size (sq. ft.): 2,614 Status: Closed
Current Price: $1,550,000 List Date: 10/28/2021 Last Modified: 1/10/2025

Description

Soaring roof top deck views in this one of a kind multi family sitting at the top of the Eastern Prom! Panoramic views of Casco Bay, islands and two light houses.....and only 4 blocks to the beach, marina, tennis courts, food trucks and the best of the highly coveted Munjoy Hill neighborhood! Only 2 owners have loved this beauty and now it is your turn to capture a piece of history. Extensively remodeled in 2005 and again in 2021, the current owners added a fully permitted rear tower in 2006. It offers 3 new bedrooms, widow's walk and the coveted DECK! Now with current zoning laws, this deck and addition would NO longer be allowed. A wonderful blend of historic charm and character such as curved bannisters, gleaming hardwood floors and trim combine with new amenities/fixtures. Last month, new drywall ceilings, updated electrical and recessed LED lighting was added for modern touches. Granite kitchens, tiled bathrooms, curved plaster walls and a large entertaining room w/ the deck! Imagine the entertainment possibilities here!! The 4th of July fireworks and Portland Symphony will entertain you for years to come from this home! Or walk to your boat or kayak just a few blocks away! New driveway, interior custom paints and professionally painted exterior last month as well. All three floors have laundry facilities and a rear yard invites your gardening skills! Home was fully insulated in the walls and attic in 2007, which provides economical heating. Three hybrid heat pump electric hot water heaters were installed in 2018. The list of amenities are attached to the disclosure for your review. This home offers many options....live on the 2nd/3rd floor as a single family and rent out the 1st floor unit long term or Airbnb. Or rent out the 1st floor and the large 2/3 floor unit. Or condo conversion! The current zoning change in Dec. 2020 now allow for conversion of the 3rd floor to a legal 3rd unit if you choose ( verified by Attorney Thomas

Supplements: ********

More Information MLS# 1513317

Location Information

Book: 34873 Leased Land: No Page: 279 Map: 16 Lot: 8 Zoning Overlay: Yes Association: No Street #: 52 Street Name: Atlantic Street Type: Street County: Cumberland Town: Portland State/Province: ME Zip Code: 04101 Zip +4: 5281 Zoning: R6 Full Tax Amount $: 9221 Tax Year: 2021 Geo Lat: 43.665146 Geo Lon: -70.245195

Property Information

Surveyed: Yes Seasonal: No Number of Units: 2 Deed/Conveyance Type Offered: Quit Claim w/Covenant Lot Size Acres +/-: 0.06 Total Baths: 3 Total Half Baths: 0 Color: trout gray SqFt Finished Above Grade: 4150 SqFt Finished Below Grade: 0 SqFt Source: Appraiser Garage: No Garage Spaces: 0 Total Full Baths: 3 Year Built: 1910 SqFt Finished Total: 4150 Source of Acreage: Appraiser

Site

Open: 1 Sidewalks: 1

Location

Intown: 1 Near Public Beach: 1 Near Railroad: 1 Near Shopping: 1 Near Town: 1 Neighborhood: 1

Roads

Public: 1

Transportation

Major Road Access: 1 Public Transport Access: 1

Water Info

Water Frontage: No Water View: Yes Water Body Name: Casco Bay

Water Body Type

Bay: 1 Ocean: 1

Recreational Water

Nearby: 1 Public: 1

Style

New Englander: 1

Construction

Wood Frame: 1

Basement

Bulkhead: 1 Full: 1 Unfinished: 1

View

Scenic: 1

Foundation Materials

Brick/Mortar: 1 Stone: 1

Exterior

Wood Siding: 1

Roof

Shingle: 1

Heat System

Baseboard: 1 Hot Water: 1 Zoned: 1

Energy Efficiency

Ceiling Fans: 1 ENERGY STAR Qualified Appliances: 1 Water Heater: 1

Building Info

# Stories: 3 # Floors: 3 # Heating Units: 1 # Water Heaters: 3

Heat Fuel

Oil: 1

Income & Expenses

Gross Income: 106000 Operating Expenses: 23110

Cooling

None: 1

Floors

Tile: 1 Vinyl: 1 Wood: 1

Units

# of 3 BD Units: 1 # of 4+ BD Units: 1

Parking

1 - 4 Spaces: 1 On Site: 1

Unit 1

Lease: No Level: First Security Deposit: No Monthly Rent: 3000 # Full Baths: 1 # of Rooms: 6 # of Bedrooms: 3 Dedicated Electric Meter: Yes Dedicated Gas Meter: No Dedicated Water Heater: Yes Electric: No Heat: Yes Range: Yes Refrigerator: Yes Sewer: Yes Water: Yes

Electric

Circuit Breakers: 1

Unit 2

Lease: No Level: Second Security Deposit: No Monthly Rent: 6200 # Full Baths: 2 # of Rooms: 9 # of Bedrooms: 5 Dedicated Electric Meter: Yes Dedicated Gas Meter: No Dedicated Water Heater: Yes Electric: No Heat: Yes Range: Yes Refrigerator: Yes Sewer: Yes Water: Yes

Utilities

Utilities On: Yes

Gas

Natural - On Site: 1

Sewer

Public Sewer: 1

Water

Public: 1

Driveway

Paved: 1

Restrictions

No Restrictions: 1

Basement Entry

Bulkhead: 1 Interior: 1

Water Heater

Electric: 1 Heat Pump: 1

Window Features

Low-Emissivity Windows: 1

Door Features

Storm Door(s): 1

Amenities

1st Floor Bedroom: 1 Attic: 1 Bathtub: 1 Laundry - 1st Floor: 1 Laundry - 2nd Floor: 1 Pantry: 1 Shower: 1 Walk-in Closets: 1

Patio and Porch Features

Deck: 1 Porch: 1

Equipment

Cable: 1 Internet Access Available: 1 Satellite Dish: 1

Vehicle Storage

No Vehicle Storage: 1

Contract Information

Status: Closed Original List Price: 1550000 Sold Price: $1,550,000 Current Price: $1,550,000

Status Change Info

Pending Date: 2021-10-31 Closed Date: 2021-11-19 Closed Price: 1550000

Property Features

Site: Open; Sidewalks Location: Intown; Near Public Beach; Near Railroad; Near Shopping; Near Town; Neighborhood Roads: Public Transportation: Major Road Access; Public Transport Access Water Body Type: Bay; Ocean Recreational Water: Nearby; Public View: Scenic Style: New Englander Construction: Wood Frame Basement: Bulkhead; Full; Unfinished Basement Entry: Bulkhead; Interior Foundation Materials: Brick/Mortar; Stone Exterior: Wood Siding Roof: Shingle Heat System: Baseboard; Hot Water; Zoned Heat Fuel: Oil Water Heater: Electric; Heat Pump Cooling: None Floors: Tile; Vinyl; Wood Window Features: Low-Emissivity Windows Door Features: Storm Door(s) Amenities: 1st Floor Bedroom; Attic; Bathtub; Laundry - 1st Floor; Laundry - 2nd Floor; Pantry; Shower; Walk-in Closets Patio and Porch Features: Deck; Porch Equipment: Cable; Internet Access Available; Satellite Dish Energy Efficiency: Ceiling Fans; ENERGY STAR Qualified Appliances; Water Heater Driveway: Paved Parking: 1 - 4 Spaces; On Site Vehicle Storage: No Vehicle Storage Restrictions: No Restrictions Electric: Circuit Breakers Gas: Natural - On Site Sewer: Public Sewer Water: Public
Listing Office: Judy George Realty
IDX
Last Updated: January - 10 - 2025
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