Listed By:
Hearth & Key Realty; 2077133144
Address
16 Hartley Street, Portland, ME
Price
$ 935,000
Property Attributes
  • MLS#1672909
  • TypeMulti-Family
  • Listing Status Active
  • CountyCumberland
  • CityPortland
  • NeighborhoodDeering Center
  • Zip04103
  • StyleNew Englander
  • Year Built1900
  • Taxes$ 10108
  • Price$ 935,000
  • Bedrooms0
  • Full Bathrooms3
  • Half Bathrooms0
  • Sqr Footage4053
  • Lot Size0.28 Acres
Data Source:
Maine Listings (MREIS)
Property Description

Outstanding investment opportunity in Portland! This 1900-built high performing 3-unit property sits on a unique double city lot. Offering unmatched yard space and parking options just off Forest Ave. The property features a stellar, high-demand rental mix: a 4-bedroom, 3-bedroom, and 1-bedroom unit. Step inside the recently updated downstairs unit 1 to find granite countertops, new cabinets and a new range. Unit 2 upstairs has ample space as a split level 4-bedroom unit. Unbeatable location--walking distance to Deering Oaks Park, the Back Bay trails, USM, and local dining. Perfect for an owner-occupant or a savvy investor looking for a strong-performing asset in a highly walkable neighborhood.

General Features

Sewer Public Sewer
Zoning R-5
Electric Circuit Breakers
Tax Year 2024
County Cumberland
Property Type Multi-Family
HOA false
Status Active
City Portland
Lot Size Units Acres
Lot Size Square Feet 12196.8
Tax Annual Amount 10108
Standard Status Active
Tax Lot 2-3
Heating Gas Natural,Baseboard,Direct Vent Furnace,Direct Vent Heater,Hot Water
Cooling None
Garage Y/N false
Land Lease Y/N false
Subdivision Name Deering Center
Roof Composition,Pitched,Shingle
Architectural Style New Englander
Construction Materials Wood Frame,Vinyl Siding
Year Built 1900
Attached Garage false
Full Baths 3
Stories Count 2
Gross Income 98280
Operating Expense 16193.2
Number Of Units Total 3
Occupancy Type No

Interior Features

Total Baths 3
Air Conditioning Y/N false
Heating Y/N true
Basement Interior Entry,Dirt Floor,Full,Unfinished
Flooring Laminate,Tile,Vinyl,Wood
Fireplace Y/N false
Above Grade Finished Area 4053
Total Stories 2

Exterior Features

Parking Features Common,Paved,5 - 10 Spaces,On Site,Off Street
Lot Features Near Shopping,Near Town,Neighborhood,Level,Open Lot,Near Public Transit
Water Source Public
Lot Size Area 0.28
Lot Size Acres 0.28
Road Surface Type Paved
Lot Size Source Public Records
Waterfront Y/N false
Building Area Total 4053

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 04103

Statistics provided by Inside Real Estate

Price
AVG $1.26M
$940K
Taxes
AVG $8,996
$10,108
Year Built
AVG 1910
1900