7 Huntress Street, Portland, ME 04102

$1,715,000
Property Type: Multi-Family Baths: 10 Square Footage: 9,980 Lot Size (sq. ft.): 10,454 Status: Closed
Current Price: $1,715,000 List Date: 6/14/2022 Last Modified: 1/12/2025

Description

Solid, clean, well maintained & well managed 10 unit apartment building in the heart of Portland conveniently located near Thompson's Point, Maine Medical Center, Mercy Hospital, Hadlock Field, downtown, the West End and just off 295. 5 One BR units and 5 Two BR units as well as a full walk out basement, detached four car garage and plenty of on and off street parking has made this an enjoyable property for this owner to own for over 20 years. Lovely features in the apartments such as hardwood floors, nice varnished original moldings and trim, built-ins, lots of large newer windows - all help to make the units desirable and nice to live in - very easy to rent. This owner has only had vacancies when refreshing or updating the units during their natural transitions. A couple tenants have enjoyed the building for over 20 years. 2 updated Viessman Boilers with natural gas burners for heat and hot water, rubber membrane roofs were inspected and updated in 2012, new reclaim asphalt driveway surface in May 2022, coin op laundry in clean, well lit basement also help to make this a great place to live. City living yet mature trees and the quiet dead end street allows for quality of life while making this a very unique turn key investment opportunity. Fully rented and ready for the next owner.

Supplements: ********

More Information MLS# 1532212

Location Information

Book: 16645 Leased Land: No Page: 166 Map: 67 Block: H Lot: 12-13 Zoning Overlay: No Association: No School District: Portland Public Schools Street #: 7 Street Name: Huntress Street Type: Street County: Cumberland Town: Portland State/Province: ME Zip Code: 04102 Zip +4: 2746 Zoning: R6 Full Tax Amount $: 21661 Tax Year: 2022 Geo Lat: 43.653946 Geo Lon: -70.284381

Property Information

Surveyed: No Seasonal: No Owner Occupied: No Number of Units: 10 Deed/Conveyance Type Offered: Warranty Deed: All Deed Restrictions: Unknown Bank Owned REO: No Lot Size Acres +/-: 0.24 Total Baths: 10 Total Half Baths: 0 Color: White Road Frontage: Yes Road Frontage +/-: 168.93 Source of Road Frontage: Deed SqFt Finished Above Grade: 9980 SqFt Finished Below Grade: 0 SqFt Source: Public Records Garage: Yes Garage Spaces: 4 Total Full Baths: 10 Year Built: 1910 SqFt Finished Total: 9980 Source of Acreage: Public Records

Site

Corner Lot: 1 Level: 1 Sidewalks: 1 Well Landscaped: 1

Location

Business District: 1 Intown: 1 Near Railroad: 1 Near Shopping: 1 Near Turnpike/Interstate: 1 Neighborhood: 1

Roads

Dead End: 1 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 Island: No

Recreational Water

Nearby: 1

Style

Other: 1

Construction

Wood Frame: 1

Levels

Multi-Level: 1

Basement

Brick/Mortar: 1 Daylight: 1 Finished: 1 Full: 1 Unfinished: 1 Walk-Out Access: 1

Foundation Materials

Brick/Mortar: 1 Granite: 1

Exterior

Vinyl Siding: 1

Roof

Flat: 1 Membrane: 1

Heat System

Baseboard: 1 Hot Water: 1 Radiator: 1 Zoned: 1

Building Info

# Stories: 3 # Heating Units: 2

Heat Fuel

Gas Natural: 1

Income & Expenses

Gross Income: 161040 Operating Expenses: 39016

Cooling

None: 1

Floors

Carpet: 1 Laminate: 1 Vinyl: 1 Wood: 1

Units

# of 1 BD Units: 5 # of 2 BD Units: 5

Parking

5 - 10 Spaces: 1 Off Street: 1 On Site: 1

Unit 1

Lease: Yes Level: First Security Deposit: Yes Monthly Rent: 1300 # Full Baths: 1 # of Rooms: 4 # 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: Yes Level: First Security Deposit: Yes Monthly Rent: 1300 # Full Baths: 1 # of Rooms: 5 # of Bedrooms: 2 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: Second Security Deposit: Yes Monthly Rent: 1300 # Full Baths: 1 # of Rooms: 5 # of Bedrooms: 2 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: Yes Level: Second Security Deposit: Yes Monthly Rent: 1300 # Full Baths: 1 # of Rooms: 5 # of Bedrooms: 2 Dedicated Electric Meter: Yes Dedicated Gas Meter: Yes Dedicated Water Heater: No Electric: No Heat: Yes Range: Yes Refrigerator: Yes Sewer: Yes Water: Yes

Sewer

Public Sewer: 1

Unit 5

Lease: Yes Level: Third Security Deposit: Yes Monthly Rent: 1300 # Full Baths: 1 # of Rooms: 4 # of Bedrooms: 1 Dedicated Electric Meter: Yes Dedicated Gas Meter: Yes Dedicated Water Heater: No Electric: No Heat: Yes Range: Yes Refrigerator: Yes Sewer: Yes Water: Yes

Water

Public: 1

Unit 6

Lease: Yes Level: Third Security Deposit: Yes Monthly Rent: 1400 # Full Baths: 1 # of Rooms: 5 # of Bedrooms: 2 Dedicated Electric Meter: Yes Dedicated Gas Meter: Yes Dedicated Water Heater: No Electric: No Heat: Yes Range: Yes Refrigerator: Yes Sewer: Yes Water: Yes

Unit 7

Lease: Yes Level: First Security Deposit: Yes Monthly Rent: 1265 # Full Baths: 1 # of Rooms: 4 # of Bedrooms: 1 Dedicated Electric Meter: Yes Dedicated Gas Meter: Yes Dedicated Water Heater: No Electric: No Heat: Yes Range: Yes Refrigerator: Yes Sewer: Yes Water: Yes

Unit 8

Lease: Yes Level: Basement 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

Unit 9

Lease: Yes Level: Second Security Deposit: Yes Monthly Rent: 1300 # Full Baths: 1 # of Rooms: 4 # of Bedrooms: 2 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 10

Lease: Yes Level: Third Security Deposit: Yes Monthly Rent: 1320 # Full Baths: 1 # of Rooms: 4 # of Bedrooms: 2 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

Common: 1 Reclaimed: 1

Sold Info

Appraiser Email Address: michelle@mainelandconsultants.com

Basement Entry

Interior: 1

Water Heater

Off Heating System: 1

Amenities

Laundry - Coin: 1

Vehicle Storage

4+ Car: 1 Detached: 1

Contract Information

Status: Closed Original List Price: 1895000 Sold Price: $1,715,000 Current Price: $1,715,000

Status Change Info

Pending Date: 2022-06-27 Closed Date: 2022-08-23 Closed Price: 1715000

Property Features

Site: Corner Lot; Level; Sidewalks; Well Landscaped Location: Business District; Intown; Near Railroad; Near Shopping; Near Turnpike/Interstate; Neighborhood Roads: Dead End; Paved; Public Transportation: Major Road Access; Near Airport; Public Transport Access; Rail Available Recreational Water: Nearby Style: Other Levels: Multi-Level Construction: Wood Frame Basement: Brick/Mortar; Daylight; Finished; Full; Unfinished; Walk-Out Access Basement Entry: Interior Foundation Materials: Brick/Mortar; Granite Exterior: Vinyl Siding Roof: Flat; Membrane Heat System: Baseboard; Hot Water; Radiator; Zoned Heat Fuel: Gas Natural Water Heater: Off Heating System Cooling: None Floors: Carpet; Laminate; Vinyl; Wood Amenities: Laundry - Coin Driveway: Common; Reclaimed Parking: 5 - 10 Spaces; Off Street; On Site Vehicle Storage: 4+ Car; Detached Electric: Circuit Breakers Gas: Natural - On Site Sewer: Public Sewer Water: Public

Documents

Listing Office: Keller Williams Realty
IDX
Last Updated: January - 12 - 2025
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