98-100 India Street, Portland, ME 04101

$1,700,000
Property Type: Commercial Square Footage: 5,592 Lot Size (sq. ft.): 7,841 Status: Closed
Current Price: $1,700,000 List Date: 1/06/2022 Last Modified: 1/10/2025

Description

Excellent Portland investment opportunity! Clean 8-unit apartment building is just steps to the Old Port, Portland's waterfront and city center. This handsome brick building was completely renovated in 2000 and has had many updates since then. 4 one bedroom and 4 two bedroom units lend a good mix of income along with a 10 car parking lot. The 2 lower-level units enjoy their own entries. All units have roomy living areas and there are laundry facilities for the tenants' convenience. The property is striking and, as a part of one Portland's most historic neighborhoods, will always command attention. This is a building where pride of ownership rings true!

Supplements: ********

More Information MLS# 1512533

Location Information

Book: 29614 Leased Land: No Page: 007 Map: 28 Block: D Lot: 14 Zoning Overlay: Yes Association Y/N: No Street #: 98-100 Street Name: India Street Type: Street County: Cumberland Town: Portland State/Province: ME Zip Code: 04101 Zip +4: 4270 Zoning: R7 Full Tax Amount $: 17328 Tax Year: 2022 Neighborhood Association: East End Geo Lat: 43.661462 Geo Lon: -70.252013

Property Information

Primary Use: Multi Family Surveyed: Unknown Lot Size Acres +/-: 0.18 Leases: Yes Year Built: 1900 SqFt Finished Total: 5592

Location

Business District: 1 Historic District: 1 Near Shopping: 1

Easement Remarks

Easement Remarks: see deed

Property Uses

Freestanding Building: 1 Other: 1

Construction

Masonry: 1

Basement

Finished: 1 Full: 1 Walk-Out Access: 1

Foundation Materials

Brick/Mortar: 1

Exterior

Brick: 1

Roof

Membrane: 1 Shingle: 1

Heat System

Baseboard: 1 Forced Air: 1 Hot Water: 1 Zoned: 1

Heat Fuel

Gas Natural: 1

Cooling

None: 1

Floors

Carpet: 1 Tile: 1 Vinyl: 1 Wood: 1

Parking

5 - 10 Spaces: 1 On Site: 1 Paved: 1

Electric

Circuit Breakers: 1

Utilities

Utilities On: Yes

Gas

Natural - On Site: 1

Sewer

Public Sewer: 1

Water

Public: 1

Sold Info

Appraiser Email Address: sean.finnerty@cushwake.com

Contract Information

Status: Closed Original List Price: 1950000 Sold Price: $1,700,000 Current Price: $1,700,000

Status Change Info

Pending Date: 2022-01-13 Closed Date: 2022-03-11 Closed Price: 1700000

Property Features

Location: Business District; Historic District; Near Shopping Construction: Masonry Property Uses: Freestanding Building; Other Basement: Finished; Full; Walk-Out Access Foundation Materials: Brick/Mortar Exterior: Brick Roof: Membrane; Shingle Heat System: Baseboard; Forced Air; Hot Water; Zoned Heat Fuel: Gas Natural Cooling: None Floors: Carpet; Tile; Vinyl; Wood Parking: 5 - 10 Spaces; On Site; Paved Electric: Circuit Breakers Gas: Natural - On Site Sewer: Public Sewer Water: Public
Listing Office: Gardner Real Estate Group
IDX
Last Updated: January - 10 - 2025
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