237 Spring Street

Portland, ME 04102

MLS ID# 1469502 Closed

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Closed $820,000

4718 sqft

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• Description
• Location Information
• Property Information
• Compensation & Misc Info
• Details

Description

West End landmark for sale for the first time in generations - the Spring Street Variety building, including residential, commercial, and a parking lot. Two units have been used for short term rentals, three as long term. This is an Incredible development opportunity in a great location. West End landmark for sale for the first time in generations - the Spring Street Variety building, including residential, commercial, and a parking lot. Two units have been used for short term rentals, three as long term. This is an Incredible devel... show more

Location Information

• Street # 237
• Street Name Spring
• Street Type Street
• County Cumberland
• Town Portland
• State/Province ME
• Zip Code 04102
• Zip +4 3712
• Leased Land No
• Book 02940
• Page 316
• Map 56
• Block G
• Lot 40
• Zoning R6
• Zoning Overlay No
• Tax ID PTLD-000056-000000-G040001
• Association No
• Full Tax Amount 7972
• Tax Year 2019

Property Information

• Surveyed Unknown
• Seasonal No
• Deed/Conveyance Type Offered Personal Rep
• Deed All
• Deed Restrictions Unknown
• 2 Detached Houses on 1 Lot No
• Number of Units 5
• Total Baths 5
• Total Full Baths 5
• Total Half Baths 0
• Year Built 1915
• SqFt Finished Above Grade 4718
• SqFt Finished Below Grade 0
• SqFt Finished Total 4718
• SqFt Source Public Records
• Garage No
• Lot Size Acres +/- 0.08
• Source of Acreage Public Records

Compensation & Misc Info

• Buyer Agency 2.5%

Details

• Site

  Corner Lot, Level, Open, Sidewalks

• Roads

  Paved, Public

• Transportation

  Near Airport, Public Transport Access

• Water Info

  No Water Frontage, No Water View

• View

  Fields, Scenic

• Income & Expenses

  Gross Income:80556, Operating Expenses:22926

• Units

  # of 1 BD Units:5, # of 2 BD Units:0, # of 3 BD Units:0, # of 4+ BD Units:0

• Unit 1

  No Lease, Level:First, No Security Deposit, Monthly Rent:1039, # Full Baths:1, # of Half Baths:0, Dedicated Electric Meter, No Dedicated Gas Meter, No Dedicated Water Heater, Electric, Heat, Range, Refrigerator, Sewer, Water

• Unit 2

  Lease, Level:Second, Security Deposit, Monthly Rent:1100, # Full Baths:1, # Half Baths:0, Dedicated Electric Meter, No Dedicated Gas Meter, No Dedicated Water Heater, No Electric, No Heat, Range, Refrigerator, Sewer, Water

• Unit 3

  Lease, Level:Second, Security Deposit, Monthly Rent:1100, # Full Baths:1, # Half Baths:0, Dedicated Electric Meter, No Dedicated Gas Meter, No Dedicated Water Heater, No Electric, Heat, Range, Refrigerator, Sewer, Water

• Unit 4

  Lease, Level:Third, Security Deposit, Monthly Rent:900, # Full Baths:1, # Half Baths:0, Dedicated Electric Meter, No Dedicated Gas Meter, No Dedicated Water Heater, No Electric, No Heat, Range, Refrigerator, Sewer, Water

• Unit 5

  Lease, Level:Third, Security Deposit, Monthly Rent:1674, # Full Baths:1, # Half Baths:0, Dedicated Electric Meter, No Dedicated Gas Meter, No Dedicated Water Heater, No Electric, No Heat, Range, Refrigerator, Sewer, Water

• Style

  Multi-Level

• Construction

  Wood Frame

• Basement

  Full, Unfinished

• Basement Entry

  Interior

• Exterior

  Vertical Siding, Vinyl Siding, Wood Siding

• Roof

  Flat, Membrane

• Heat System

  Baseboard, Forced Air, Multi-Zones

• Heat Fuel

  Electric, Oil

• Water Heater

  Gas

• Cooling

  None

• Floors

  Wood

• Amenities

  Attic, Bathtub, Shower, Storage

• Driveway

  Paved

• Parking

  5 - 10 Spaces

• Vehicle Storage

  No Vehicle Storage

• Electric

  Circuit Breakers

• Utilities

  Utilities On

• Gas

  Natural - At Street

• Sewer

  Public Sewer

• Water

  Public

• Sold Info

  Buyer's Zip Code:04101, Appraiser:018826, Appraiser Name:Jason Boyd, Appraiser Phone Number:207-774-6226, Appraiser Email Address:[email protected]

• Sold Terms

  Conventional

• Sold Terms Other

  Not Applicable