Multi-Family for Sale: 40 Leland Street, Portland, ME 04103

4 full, 1 half baths
$1,050,000
$1,050,000
40 Leland Street, Portland, ME 04103
4 full, 1 half baths
$1,050,000
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Price:
$1,050,000

Type Multi-Family
Style Victorian
Total Baths 4 full, 1 half baths
Square Feet 4,670 sqft
Lot Size 0.28 acres
Year Built 1900
Taxes Paid $12,215

City Portland
County Cumberland

MLS 1610574
Status Active Under Contract
DOM 15 days
Located on a large corner lot in the sought-after Deering Center area of Portland, this well-maintained 4-family property offers a unique opportunity for investors or homeowners seeking rental income potential. Within walking distance of Longfellow Elementary, Lincoln Middle School, and Deering High School, this property is perfectly positioned for convenience and community access. Property Highlights: • Large Corner Lot with ample outdoor space, offering privacy or additional landscaping. • Separate Utilities: Each unit has its own electric meter, oil supply, heating system, and hot water heater, providing tenants with individual control over their utilities. • Washer & Dryer Hookups for all units in the basement, making laundry a breeze for all residents. Unit Details: • Carriage House Unit: This charming, private unit features its own separate entrance and includes 3 bedrooms, 1.5 baths, and a cozy wood-burning fireplace, perfect for comfortable living. • First Floor Unit: Versatile and adaptable, this unit can function as either a 2-bedroom or 3-bedroom, providing options to suit your needs. • Second & Third Floor Units: Each unit offers 2 bedrooms, 1 bath, with spacious layouts and abundant natural light. This property offers the best of both worlds with the potential for multi-family living or rental income, all within a vibrant Portland neighborhood. With its proximity to schools, parks, and local amenities, it's a fantastic investment in a prime location. Don't miss this opportunity to own a piece of Deering Center's growing community! Note: One unit is owner occupied with 2 additional units occupied by owner's family hence the rent numbers.

Room Features

Basement Description Doghouse, Unfinished, Interior Entry, Full

Lot & Building Features

Cooling None
Tax Year 2025
Taxes Paid $12,215

Unit Features

Unit 1 Full Baths 1
Unit 1 of Bedrooms 2
Unit 1 of Rooms 6
Unit 2 Full Baths 1
Unit 2 of Bedrooms 2
Unit 2 of Rooms 6
Unit 3 Full Baths 1
Unit 3 of Bedrooms 2
Unit 3 of Rooms 6
Unit 4 Full Baths 1
Unit 4 Half Baths 1
Unit 4 of Bedrooms 3
Unit 4 of Rooms 7

Price History of 40 Leland Street

Date Name Price Difference
12/03/2024 Listing Price $1,050,000 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
$1,000,000
$223 / sqft
Average
$1,000,000
$223 / sqft
High
$1,000,000
$223 / sqft

Address City Zip Beds Baths Price Sq. Ft. $/SQFT Sold Date
This Listing Portland 04103 0 5.0 $1,050,000 4,670 $225 N/A
200 Massachusetts Avenue Portland 04102 0 6.0 $1,000,000 4,494 $223 11/05/2024

Map of 40 Leland Street, Portland, ME

Location Map Street View
Photo of Tamara Milliard
Tamara Milliard
Associate Broker
Direct: 207-752-2277
Office
14 York Street
York, ME 03909
207-363-4000
Listed by Coldwell Banker Realty, Michael Milliken 207-773-1990
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20%
1.1633466666667%
6.75%
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$
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Principal & Interest
Monthly Taxes
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Monthly Home Ins.
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40 Leland Street (MLS #1610574) is a victorian multi-family listing located in Portland, ME. This multi-family listing is 4,670 sqft and on a lot of 12,197 sqft (or 0.28 acres) and is 124 years old. This property was listed on 12/03/2024 and has been priced for sale at $1,050,000.

The multi-family listing at 200 Massachusetts Avenue in Portland is nearby and sold for $1,000,000 on 11/05/2024.

Nearby zip codes are 04092, 04101, 04102, 04105 and 04106. This property neighbors other cities such as Falmouth, Gorham, 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: Coldwell Banker Realty

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.