45 Cumberland Avenue

Portland, ME 04101

MLS ID# 1529215 Closed

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Closed $2,500,000

1 parking spaces

7347 sqft

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

Description

Incredible Munjoy Hill 5 unit has a lot to offer! 1 NEW house + 2 NEW condo-quality 3rd/4th floor townhouses + 2 large, classic apartments (1st/2nd floor). The stand-alone house was newly constructed in 2015 with a smart, efficient layout, garage, laundry and a deck off the second floor living area. The 4-unit building has two lower units that are classic single-level 3 BR apartments with a ton of charm and potential. Townhouse 1 & Townhouse 2 are newly created 2 bed/2.5bath two-story townhouses designed for maximum south facing light and spectacular views of the city, Casco Bay and the Back Cove. This unique opportunity should be considered by owners looking to live in a condo but with interest in also owning the units around them, or by investors who can see that the sum of the ''parts'' here are worth more than the asking price. Incredible Munjoy Hill 5 unit has a lot to offer! 1 NEW house + 2 NEW condo-quality 3rd/4th floor townhouses + 2 large, classic apartments (1st/2nd floor). The stand-alone house was newly constructed in 2015 with a smart, efficient layout, garage, l... show more

Location Information

• Street # 45
• Street Name Cumberland
• Street Type Avenue
• County Cumberland
• Town Portland
• State/Province ME
• Zip Code 04101
• Zip +4 2601
• Leased Land No
• Book 37216
• Page 142
• Map 13
• Block k
• Lot 61-62
• Zoning R6
• Zoning Overlay No
• Tax ID PTLD-000013-K000061-000001
• Association No
• Full Tax Amount 13773
• Tax Year 2021

Property Information

• Surveyed Yes
• Seasonal No
• Number of Units 5
• Total Baths 9
• Total Full Baths 7
• Total Half Baths 2
• Year Built 1900
• SqFt Finished Above Grade 7347
• SqFt Finished Below Grade 0
• SqFt Finished Total 7347
• SqFt Source Other
• Other Source of Square Footage Estimated based on Public Records
• Garage Yes
• Garage Spaces 1
• Lot Size Acres +/- 0.14
• Source of Acreage Public Records

Compensation & Misc Info

• Buyer Agency 2.5%

Details

• Site

  Level, Open, Sidewalks

• Roads

  Paved

• Water Info

  No Water Frontage, Water View, Water Body Name:Back Cove & Casco Bay

• Water Body Type

  Bay

• Income & Expenses

  Gross Income:133200, Operating Expenses:29100

• Units

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

• Unit 1

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

• Unit 2

  Lease, Level:Second, Security Deposit, Monthly Rent:1800, # 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 3

  Lease, Level:Third, Security Deposit, Monthly Rent:3000, # Full Baths:2, # Half Baths:1, Dedicated Electric Meter, No Dedicated Gas Meter, Dedicated Water Heater, No Electric, Heat, Range, Refrigerator, Sewer, Water

• Unit 4

  Lease, Level:Third, Security Deposit, Monthly Rent:2800, # Full Baths:2, # Half Baths:1, Dedicated Electric Meter, No Dedicated Gas Meter, Dedicated Water Heater, No Electric, Heat, Range, Refrigerator, Sewer, Water

• Unit 5

  Lease, Level:First, Security Deposit, Monthly Rent:3500, # Full Baths:1, # Half Baths:0, Dedicated Electric Meter, Dedicated Gas Meter, Dedicated Water Heater, No Electric, No Heat, Range, Refrigerator, Sewer, Water

• Style

  Multi-Level

• Construction

  Wood Frame

• Basement

  Full, Slab, Unfinished

• Basement Entry

  Interior

• Exterior

  Vinyl Siding

• Roof

  Flat, Shingle

• Heat System

  Forced Air, Hot Water, Multi-Zones

• Heat Fuel

  Gas Natural

• Water Heater

  Electric, Gas

• Cooling

  None

• Floors

  Wood

• Driveway

  Common, Gravel

• Parking

  1 - 4 Spaces

• Vehicle Storage

  1 Car, Direct Entry to Living

• Electric

  Circuit Breakers

• Utilities

  Utilities On

• Gas

  Natural - At Street

• Sewer

  Public Sewer

• Water

  Public

• Sold Info

  Buyer's Zip Code:04101, Appraiser:017192, Appraiser Name:Jessica Locke, Appraiser Phone Number:207-774-6226, Appraiser Email Address:[email protected]

• Sold Terms

  Conventional

• Sold Terms Other

  Not Applicable