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493-497 Cumberland AVEPortland, ME 04101MLS Number 1331365

  • Price: $1,699,000The price has recently decreased
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Price Down Payment Interest Rate Years
%

Est. Mortgage: $/month

Federal 30-year interest rate: 3.94% last updated on 2017-11-02

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

  • 0.22Acreage
  • 1910Year Built
  • 3Stories
  • 18Total Units

FO Bailey is pleased to offer this rare opportunity to purchase a well maintained, fully-occupied, 18-unit, multi-family two building package w/ parking. 493 Cumberland Ave 6 Unit: Four-1 bedroom, Two-2 bedroom, great candidate for condo conversion. 497 Cumberland Ave 12 Unit: Ten -1 bedroom, Two-2 bedroom. Parking for six vehicles. Property is on a single deed but each building is taxed separately by the city. Excellent Investment Property. Please sign & return the Confidentiality Agreement for financials.

Listed by F.O. Bailey Real Estate

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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 Number493
  • StreetCumberland AVE

Building

  • BasementBulkhead, Full
  • Stories3
  • StyleFederal
  • Total Units18
  • Year Built1910
  • FoundationBlock, Brick, Fieldstone
  • Listing TypeGeneral Commercial
  • Building ConstructionWood Frame
  • RoofShingle, Tar & Gravel

Amenities

  • AmenitiesDeck, Fire System, Laundry-Coin, Storage

Basic Information

  • List Price$1,699,000
  • MLS Number1331365
  • Address493-497 Cumberland AVE
  • Broker NameF.O. Bailey Real Estate
  • Modification Date11/22/2017
  • StatusACT
  • Agent ID008328
  • Broker ID2872
  • SeasonalNo

Property

  • Acreage0.22
  • Sq Ft Finished Total18048
  • Vehicle StorageNo Vehicle Storage
  • Water ViewNo

Water Body

  • WaterfrontNo

Auction

  • KickoutNo

Photos

  • Number of Photos16
  • Last Img Trans Date11/02/2017

Location

  • StateME
  • TownPortland
  • Zip04101
  • LocationIntown, Near Shopping, Near Turnpike/Interstate
  • CountyCumberland
  • DrivewayCommon, Paved
  • Road Frontage DescriptionPaved, Public
  • SiteLevel, Open
  • TransportationMajor Road Access, Near Airport, Public Transport Access

Exterior

  • ExteriorVinyl Siding

Utilities

  • Heat SystemSteam
  • Heating FuelGas-Natural, Oil
  • Waste Water DisposalPublic
  • WaterPublic
  • Water HeaterGas, Off Heating System

Other

  • Parking Spaces5-10 Spaces, Paved

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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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