Multi-Family for Sale: 91-93 Columbia Road, Portland, ME 04103 SOLD

4 full baths
$1,200,000
$1,200,000
91-93 Columbia Road, Portland, ME 04103 SOLD
4 full baths
$1,200,000
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Selling Price: $1,200,000
Original List Price: $1,250,000
Sold at 96.0% of list price
Sold Date: 05/31/2024

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Type Multi-Family
Style Multi-Level
Total Baths 4 full baths
Square Feet 3,600 sqft
Lot Size 0.21 acres
Year Built 1922
Taxes Paid $10,176
City Portland
County Cumberland
MLS 1585631
Status Closed
DOM 58 days
Introducing 91-93 Columbia St, Portland, ME - a lucrative opportunity awaits in the heart of a vibrant community. This income-generating 4-unit residence promises a seamless blend of convenience, comfort, and profitability. Boasting spacious 3-bedroom units, this property offers ample space for tenants to spread out and feel at home. Each unit is equipped with its own heating system, oil tank, hot water tank, and electrical meter, ensuring efficient utility management and maximizing returns. Recent touch-ups throughout the property enhance its appeal, presenting a turnkey investment or ideal owner-occupied opportunity. Whether you're looking to expand your portfolio or seeking a place to call home while earning rental income, this multi-unit property caters to diverse needs and aspirations. Nestled in a desirable neighborhood, residents will appreciate the proximity to local schools, shops, restaurants, and other amenities, fostering a convenient and fulfilling lifestyle. With plenty of parking available, tenants can enjoy hassle-free access and convenience. This property's strong rental history and strategic location ensure minimal vacancies and consistent cash flow. Don't miss the chance to capitalize on this prime investment opportunity in one of Portland's most coveted neighborhoods. Seize the moment and make 91-93 Columbia St your next venture today!

Room Features

Basement Description Full, Unfinished, Interior Entry

Lot & Building Features

Cooling Heat Pump
Tax Year 2024
Taxes Paid $10,176

Unit Features

Unit 1 Full Baths 1
Unit 1 of Bedrooms 3
Unit 1 of Rooms 5
Unit 2 Full Baths 1
Unit 2 of Bedrooms 3
Unit 2 of Rooms 5
Unit 3 Full Baths 1
Unit 3 of Bedrooms 3
Unit 3 of Rooms 5
Unit 4 Full Baths 1
Unit 4 of Bedrooms 3
Unit 4 of Rooms 5

Price History of 91-93 Columbia Road, Portland, ME

Date Name Price Difference
04/03/2024 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.

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Inquire about this property

Photo of Jacqui Coons
Direct: 603-490-2511
Office
240 Ocean Blvd
Seabrook Beach, NH 03874
603-474-3401
Listed by Keller Williams Realty, Jeffrey Mateja & Alexander Wiss 207-553-2605
Sold by Keller Williams Realty, Daniel Weber Nicholas Laverriere 207-879-9800
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20%
0.84802833333333%
6.75%
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Listing information courtesy of: Keller Williams 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.