Multi-Family for Sale: 23 Hanover Street, Portland, ME 04101

4 full baths
$1,100,000
$1,100,000
23 Hanover Street, Portland, ME 04101
4 full baths
$1,100,000
Remove from
Favorites
Add to
Favorites
Add to
Trip Map
Hide Share or
Email
Price:
$1,100,000
$100,000 - 06/06/2024

Type Multi-Family
Style Multi-Level
Total Baths 4 full baths
Square Feet 3,325 sqft
Lot Size 0.07 acres
Year Built 1915
Taxes Paid $8,470

City Portland
County Cumberland

MLS 1590959
Status Active
DOM 42 days
Prime investment opportunity! New tenants not subject to City of Portland Rental Control Ordinance, set your own rents! - Multi family building comprised of 4 units. Newly updated throughout with efficient layout, three with 2 bedrooms, one with 1 bedroom. Great features including separate utilities - three out of four units have new gas heating systems, some off street parking, basement storage and the opportunity to expand one unit. Exceptional opportunity to invest in a quickly growing neighborhood on Portland's peninsula! Convenient location, walkable to the Old Port, Downtown, and Bayside area shops, restaurants, and entertainment.

Room Features

Basement Description Brick/Mortar, Interior Entry, Full, Exterior Entry, Bulkhead

Lot & Building Features

Cooling None
Tax Year 2023
Taxes Paid $8,470

Unit Features

Unit 1 Full Baths 1
Unit 1 of Bedrooms 1
Unit 1 of Rooms 2
Unit 2 Full Baths 1
Unit 2 of Bedrooms 2
Unit 2 of Rooms 4
Unit 3 Full Baths 1
Unit 3 of Bedrooms 2
Unit 3 of Rooms 4
Unit 4 Full Baths 1
Unit 4 of Bedrooms 2
Unit 4 of Rooms 4

Price History of 23 Hanover Street, Portland, ME

Date Name Price Difference
06/06/2024 Price Adjustment $1,100,000 8.33%
05/24/2024 Listing Price $1,200,000 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.

Comparable Properties Sold Near By

Low
$820,000
$240 / sqft
Average
$982,000
$300 / sqft
High
$1,250,000
$393 / sqft

Address City Zip Beds Baths Price Sq. Ft. $/SQFT Sold Date
This Listing Portland 04101 0 4.0 $1,100,000 3,325 $331 N/A
68 Deering Street Portland 04101 0 3.0 $1,100,000 3,240 $340 09/27/2023
22 Dow Street Portland 04102 0 3.0 $871,000 3,140 $277 09/06/2023
89 Pine Street Portland 04102 0 4.0 $1,250,000 3,180 $393 08/04/2023
542 Washington Avenue Portland 04103 0 4.0 $820,000 3,422 $240 11/16/2023
137 Allen Avenue Portland 04103 0 3.0 $830,000 3,383 $245 01/03/2024
85 Deerfield Road Portland 04101 0 3.0 $1,021,000 3,278 $311 04/15/2024

Map of 23 Hanover Street, Portland, ME

Location Map Street View
Photo of Brady Roche
Brady Roche
Realtor
Direct: 207-703-8249
Office
14 York Street
York, ME 03909
207-363-4000
Listed by Benchmark Real Estate, Erika Puschock & James Benoit 207-775-0248
$
20%
0.77%
6.75%
$
$
$
Monthly Payment
Principal & Interest
Monthly Taxes
Monthly HOA
Monthly Home Ins.
Monthly PMI

23 Hanover Street (MLS #1590959) is a multi-level multi-family listing located in Portland, ME. This multi-family listing is 3,325 sqft and on a lot of 3,049 sqft (or 0.07 acres) and is 109 years old. This property was listed on 05/24/2024 and has been priced for sale at $1,100,000.

The multi-family listing at 68 Deering Street in Portland is nearby and sold for $1,100,000 on 09/27/2023. Another nearby multi-family listing, 22 Dow Street in Portland sold for $871,000 on 09/06/2023.

Nearby zip codes are 04011, 04102, 04103, 04106 and 04107. This property neighbors other cities such as Cape Elizabeth, Falmouth, Scarborough, South Portland and Westbrook.

MREIS

Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation.

All information provided is deemed reliable but is not guaranteed and should be independently verified.

Listing information courtesy of: Benchmark Real Estate

Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, non-commercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. ©2024 Maine Real Estate Information System, Inc. All Rights Reserved. This web site does not display complete Maine Listings. Certain Maine Listings of other real estate brokerage firms have been excluded.