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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 2017-04-27

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


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


  • 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


  • Parking Spaces11-20 Spaces, On Site, Paved
  • View Count2

Basic Information

  • List Price$2,219,000
  • MLS Number1304753
  • Address361 Cumberland AVE
  • Broker NameRE/MAX Allied
  • Modification Date05/03/2017
  • StatusACT
  • Agent ID002150
  • Broker ID1020
  • SeasonalNo


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


  • KickoutNo


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


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


  • ExteriorClapboard, Vinyl Siding


  • 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 independently verified. 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. ©2017 Maine Real Estate Information System, Inc. All Rights Reserved.equal opportunity housing logo  Privacy Policy

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