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Multi-Family for Sale: 368 Park Avenue, Portland, ME 04102 SOLD

3 full baths
$453,000
$453,000
368 Park Avenue, Portland, ME 04102 SOLD
3 full baths
$453,000
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Selling Price: $453,000
Original List Price: $499,000
Sold at 90.8% of list price
Sold Date: 09/17/2024
Type Multi-Family
Style Cape, Other Style
Total Baths 3 full baths
Square Feet 1,149 sqft
Lot Size 0.13 acres
Year Built 1910
Taxes Paid $4,934
City Portland
County Cumberland
School District Portland Public Schools
MLS 1594071
Status Closed
DOM 89 days
Great Owner-Occupied Opportunity with substantial upside for future income and increased profitability.**Seller Subsidized Mortgage Rate - up to $25K for a rate buydown for the first 2 years or closing costs for qualified buyers.** The multi-unit property consists of three 1 Bedroom 1 Bath units. Just minutes to local hospitals, parks and recreation, Seadogs and great restaurants. Super opportunity to homestead in fabulous Portland. Very well maintained property with abundant parking to the rear plus on-site laundry. Updates include newer siding and windows and more recently new natural gas-fired FHW boiler, roof shingles, electrical panels, basement spray foam, additional drainage with sump pump. Three units: 1st floor offers a studio-style unit with hardwoods and an additional unit with hardwood floors and open plan Living Room, Kitchen + Bedroom. Spacious second-floor larger unit with gorgeous wide pine boards with Living Room, Galley Kitchen and, bedroom. Hardwoods + full basement w/communal laundry facilities. Two private rear decks. Don't miss - broker accompanies showings. Notice required. Tenants in all properties.

Room Features

Basement Description Brick/Mortar, Unfinished, Sump Pump, Full, Exterior Only, Exterior Entry, Bulkhead

Lot & Building Features

Cooling A/C Units, None
Tax Year 23
Taxes Paid $4,934

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 3
Unit 3 Full Baths 1
Unit 3 of Bedrooms 1
Unit 3 of Rooms 3

Price History of 368 Park Avenue, Portland, ME

Date Name Price Difference
07/03/2024 Price Adjustment $453,000 9.22%
06/20/2024 Listing Price $499,000 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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Listed by Keller Williams Realty, Deborah Meek 207-879-9800
Sold by Portside Real Estate Group, Randy Ferrell 207-747-4236
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1.0891832229581%
6.75%
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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: 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.