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361 Cumberland AVEPortland, ME 04102MLS Number 1304753

  • Price: $2,219,000The price has recently decreased
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Price Down Payment Interest Rate Years
%

Est. Mortgage: $/month

Federal 30-year interest rate: 4.03% last updated on 2017-05-25

This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

  • 0.29Acreage
  • 1910Year Built
  • PavedDriveway
  • 28Total Units

INVESTORS: 28 Units in 5 adjacent properties in the very heart of Portland. Short walk to the Old Port, Arts District, City Hall. Excellent numbers. CAP Rate near 10. DEVELOPERS: Preliminary investigation shows up to 73 units for this parcel. Architectural plan available.

Listed by RE/MAX Allied

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Your Local Office

Coldwell Banker Team Real Estate
778 Roosevelt Trail
Windham ME, 04062

Office: (207) 892-1600

More Info

Location Information

  • Building Number361
  • StreetCumberland AVE

Building

  • BasementDaylight, Finished, Full, Unfinished
  • StyleMulti-Level
  • Total Units28
  • Year Built1910
  • FoundationBrick, Concrete Slab, Fieldstone, Poured Concrete
  • Listing TypeGeneral Commercial
  • Building ConstructionWood Frame
  • RoofShingle

Water Body

  • WaterfrontNo

Other

  • Parking Spaces11-20 Spaces, On Site, Paved
  • View Count7

Basic Information

  • List Price$2,219,000
  • MLS Number1304753
  • Address361 Cumberland AVE
  • Broker NameRE/MAX Allied
  • Modification Date07/10/2017
  • StatusACT
  • Agent ID002150
  • Broker ID1020
  • SeasonalNo

Property

  • Acreage0.29
  • Sq Ft Finished Total19737
  • Vehicle StorageNo Vehicle Storage, Off Street Parking
  • Water ViewNo

Auction

  • KickoutNo

Photos

  • Number of Photos5
  • Last Img Trans Date05/03/2017

Location

  • StateME
  • TownPortland
  • Zip04102
  • LocationIntown, Near Shopping
  • CountyCumberland
  • DrivewayPaved
  • Road Frontage DescriptionPaved, Public
  • SiteSidewalks
  • TransportationMajor Road Access, Public Transport Access

Exterior

  • ExteriorClapboard, Vinyl Siding

Utilities

  • Heat SystemForced, Hot Water, Space Heater, Steam
  • Heating FuelGas-Bottled, Oil
  • Waste Water DisposalPublic
  • WaterPublic
  • Water HeaterOff Heating System

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Listing data is derived in whole or in part from the Maine IDX & is for consumers' personal, non commercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. ©2017 Maine Real Estate Information System, Inc. All Rights Reserved. equal opportunity housing logo   Privacy Policy

Coldwell Banker Team Real Estate participates in MREIS' Maine Internet Data Exchange (Maine IDX) program, allowing us to display other Maine IDX Participants' listings. This website does not display complete listings. Certain listings of other real estate brokerage firms have been excluded. Mortgage figures are estimates. Check with your bank or proposed mortgage company for actual interest rates. This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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