Bought with Keller Williams Realty
$1,200,000
$1,250,000
4.0%For more information regarding the value of a property, please contact us for a free consultation.
4 Baths
3,600 SqFt
SOLD DATE : 05/31/2024
Key Details
Sold Price $1,200,000
Property Type Multi-Family
Listing Status Sold
Square Footage 3,600 sqft
MLS Listing ID 1585631
Sold Date 05/31/24
Style Multi-Level
Full Baths 4
HOA Y/N No
Abv Grd Liv Area 3,600
Originating Board Maine Listings
Year Built 1922
Annual Tax Amount $10,176
Tax Year 2024
Lot Size 9,147 Sqft
Acres 0.21
Property Description
Introducing 91-93 Columbia St, Portland, ME - a lucrative opportunity awaits in the heart of a vibrant community. This income-generating 4-unit residence promises a seamless blend of convenience, comfort, and profitability.
Boasting spacious 3-bedroom units, this property offers ample space for tenants to spread out and feel at home. Each unit is equipped with its own heating system, oil tank, hot water tank, and electrical meter, ensuring efficient utility management and maximizing returns.
Recent touch-ups throughout the property enhance its appeal, presenting a turnkey investment or ideal owner-occupied opportunity. Whether you're looking to expand your portfolio or seeking a place to call home while earning rental income, this multi-unit property caters to diverse needs and aspirations.
Nestled in a desirable neighborhood, residents will appreciate the proximity to local schools, shops, restaurants, and other amenities, fostering a convenient and fulfilling lifestyle. With plenty of parking available, tenants can enjoy hassle-free access and convenience.
This property's strong rental history and strategic location ensure minimal vacancies and consistent cash flow. Don't miss the chance to capitalize on this prime investment opportunity in one of Portland's most coveted neighborhoods. Seize the moment and make 91-93 Columbia St your next venture today!
Location
State ME
County Cumberland
Zoning R5
Rooms
Basement Full, Interior Entry, Unfinished
Interior
Heating Hot Water, Heat Pump, Baseboard
Cooling Heat Pump
Flooring Wood, Vinyl
Exterior
Garage 5 - 10 Spaces, Common
View Y/N No
Roof Type Shingle
Street Surface Paved
Garage No
Building
Lot Description Level, Near Shopping, Near Town, Neighborhood
Sewer Public Sewer
Water Public
Architectural Style Multi-Level
Structure Type Shingle Siding,Wood Frame
Others
Energy Description Oil, Electric
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