Multi-Family for Sale: 94 Portland Street, Portland, ME 04101

4 full baths
$645,000
$645,000
94 Portland Street, Portland, ME 04101
4 full baths
$645,000
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Price:
$645,000
$50,000 - 07/31/2024

Type Multi-Family
Style Multi-Level
Total Baths 4 full baths
Square Feet 3,852 sqft
Lot Size 0.03 acres
Year Built 1925
Taxes Paid $6,993

City Portland
County Cumberland

MLS 1592426
Status Active
DOM 171 days
Opportunity awaits! Located at the center of the peninsula and in Portland emerging Bayside neighborhood this commercial/mixed use investment provides income and opportunity. The main level is leased @ $3,300pm modified gross (tenants pay heat, ac, hot water and electric) and this space is lovely. The upper 2.5 levels have been gutted and await your imagination and finish. The current owners have plans for 5 residential apartments but the options are many. With ReCode this site is slated to become a B2B zone and even more desirable. The bones are good - the location fantastic - the opportunity apparent. Shown by appointment Monday through Friday 10Am to 4PM with advanced notice.

Room Features

Basement Description Brick/Mortar, Unfinished, Interior Entry

Lot & Building Features

Cooling Heat Pump
Tax Year 2023
Taxes Paid $6,993

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

Price History of 94 Portland Street

Date Name Price Difference
07/31/2024 Price Adjustment $645,000 7.19%
06/06/2024 Listing Price $695,000 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
$510,000
$139 / sqft
Average
$651,913
$175 / sqft
High
$750,000
$201 / sqft

Address City Zip Beds Baths Price Sq. Ft. $/SQFT Sold Date
This Listing Portland 04101 0 4.0 $645,000 3,852 $167 N/A
240 Park Avenue Portland 04101 0 3.0 $665,000 3,705 $179 03/01/2024
415 Deering Avenue Portland 04103 0 3.0 $682,650 3,803 $180 03/01/2024
1427 Congress Street Portland 04102 0 3.0 $510,000 3,678 $139 05/03/2024
219 Valley Street Portland 04102 0 4.0 $750,000 3,724 $201 04/22/2024

Map of 94 Portland Street, Portland, ME

Location Map Street View
Photo of Fritz Schermer
Fritz Schermer
Associate Broker
Direct: 207-363-3658
Office
14 York Street
York, ME 03909
207-363-4000
Listed by Benchmark Real Estate, Thomas Landry 207-775-0248
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20%
1.0841860465116%
6.75%
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Monthly Taxes
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94 Portland Street (MLS #1592426) is a multi-level multi-family listing located in Portland, ME. This multi-family listing is 3,852 sqft and on a lot of 1,307 sqft (or 0.03 acres) and is 99 years old. This property was listed on 06/06/2024 and has been priced for sale at $645,000.

The multi-family listing at 240 Park Avenue in Portland is nearby and sold for $665,000 on 03/01/2024. Another nearby multi-family listing, 219 Valley Street in Portland sold for $750,000 on 04/22/2024.

Nearby zip codes are 04021, 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.