62 Waterville Street, Portland, ME 04101
$1,200,000
Property Type:
Multi-Family
Baths:
6
Square Footage:
3,366
Lot Size (sq. ft.):
6,098
Status:
Closed
Current Price:
$1,200,000
List Date:
3/11/2022
Last Modified:
1/10/2025
Description
Brick 6-unit with parking lot and development potential in one of Munjoy Hill's most desirable locations. Waterville Street is known among East End locals for it's quiet nature and neighborhood setting since it is not a pass-through street, and does not connect directly to Congress ST. The 6,400 SF lot is framed by trees, creating a sense of separation and privacy around the paved parking, currently offered to tenants at no charge. The building is a mix of one-bedroom and studio apartments, two of which have benefited from more recent updates, and really show the potential for all of the units. Or, re envision the property as a development opportunity - reconfigure, convert to condos, build new on the parking lot... so many possibilities for this Munjoy Hill gem!
Supplements: ********
More Information MLS# 1519965
Location Information
Book: 25311
Leased Land: No
Page: 030
Map: 17
Block: E
Lot: 6
Zoning Overlay: No
Association: No
Street #: 62
Street Name: Waterville
Street Type: Street
County: Cumberland
Town: Portland
State/Province: ME
Zip Code: 04101
Zip +4: 4342
Zoning: R6
Full Tax Amount $: 10364.72
Tax Year: 2022
Geo Lat: 43.664422
Geo Lon: -70.246679
Property Information
Surveyed: No
Seasonal: No
Owner Occupied: No
Number of Units: 6
Lot Size Acres +/-: 0.14
Total Baths: 6
Total Half Baths: 0
SqFt Finished Above Grade: 3366
SqFt Finished Below Grade: 0
Garage: No
Garage Spaces: 0
Total Full Baths: 6
Year Built: 1855
SqFt Finished Total: 3366
Source of Acreage: Public Records
Site
Level: 1
Sidewalks: 1
Location
Intown: 1
Near Public Beach: 1
Near Shopping: 1
Near Town: 1
Near Turnpike/Interstate: 1
Roads
Public: 1
Water Info
Water Frontage: No
Water View: No
Style
Other: 1
Construction
Wood Frame: 1
Levels
Multi-Level: 1
Basement
Full: 1
Unfinished: 1
Exterior
Brick: 1
Roof
Shingle: 1
Heat System
Baseboard: 1
Hot Water: 1
Heat Fuel
Gas Natural: 1
Income & Expenses
Gross Income: 62400
Operating Expenses: 21162
Cooling
None: 1
Floors
Laminate: 1
Tile: 1
Wood: 1
Units
# of 1 BD Units: 6
Parking
5 - 10 Spaces: 1
Unit 1
Lease: No
Level: First
Security Deposit: Yes
Monthly Rent: 750
# Full Baths: 1
# of Rooms: 2
# of Bedrooms: 1
Dedicated Electric Meter: No
Dedicated Gas Meter: No
Dedicated Water Heater: No
Electric: Yes
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: 1200
# 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: 1200
# 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 - At Street: 1
Unit 4
Lease: No
Level: Second
Security Deposit: Yes
Monthly Rent: 650
# 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
Sewer
Public Sewer: 1
Unit 5
Lease: No
Level: Third
Security Deposit: Yes
Monthly Rent: 750
# 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
Water
Public: 1
Unit 6
Lease: No
Level: Third
Security Deposit: Yes
Monthly Rent: 650
# 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
Driveway
Paved: 1
Sold Info
Appraiser Email Address: jessica@mainelandconsultants.com
Basement Entry
Interior: 1
Water Heater
Off Heating System: 1
Amenities
Laundry - Coin: 1
Vehicle Storage
No Vehicle Storage: 1
Contract Information
Status: Closed
Original List Price: 1400000
Sold Price: $1,200,000
Current Price: $1,200,000
Status Change Info
Pending Date: 2022-03-23
Closed Date: 2022-06-27
Closed Price: 1200000
Property Features
Site: Level; Sidewalks
Location: Intown; Near Public Beach; Near Shopping; Near Town; Near Turnpike/Interstate
Roads: Public
Style: Other
Levels: Multi-Level
Construction: Wood Frame
Basement: Full; Unfinished
Basement Entry: Interior
Exterior: Brick
Roof: Shingle
Heat System: Baseboard; Hot Water
Heat Fuel: Gas Natural
Water Heater: Off Heating System
Cooling: None
Floors: Laminate; Tile; Wood
Amenities: Laundry - Coin
Driveway: Paved
Parking: 5 - 10 Spaces
Vehicle Storage: No Vehicle Storage
Electric: Circuit Breakers
Gas: Natural - At Street
Sewer: Public Sewer
Water: Public
Documents
Deed ›
Listing Office:
Vitalius Real Estate Group, LLC
IDX
Last Updated: January - 10 - 2025
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