| Up North Realty Maine

28 High Street, Portland, ME 04101

$1,675,001
Property Type: Multi-Family Baths: 7 Square Footage: 6,864 Lot Size (sq. ft.): 5,227 Status: Closed
Current Price: $1,675,001 List Date: 2/04/2022 Last Modified: 1/10/2025

Description

7-unit multi-family building totaling 6,864± SF, Efficient layout with 6 large two-bedroom units spanning from front to back and 1 oversized one-bedroom. Exceptional opportunity for long-term investment, condo conversion or owner-occupancy Equipped with 4 to 5 off-street parking spaces, tenant storage, and a mix of in-unit and common laundry 9 covered decks with views of Casco Bay and the City skyline. 100% occupied with market rental units. Walkable to Portland's Arts, Waterfront, and Old Port districts.

Supplements: ********

More Information MLS# 1519160

Location Information

Book: 31608 Leased Land: No Page: 321 Map: 44 Block: A Lot: 9 Zoning Overlay: No Association: No Street #: 28 Street Name: High Street Type: Street County: Cumberland Town: Portland State/Province: ME Zip Code: 04101 Zoning: R6 Full Tax Amount $: 15730.89 Tax Year: 2022 Geo Lat: 43.651266 Geo Lon: -70.258898

Property Information

Surveyed: No Seasonal: No Owner Occupied: No Number of Units: 7 Lot Size Acres +/-: 0.12 Total Baths: 7 Total Half Baths: 0 SqFt Finished Above Grade: 6864 SqFt Finished Below Grade: 0 SqFt Source: Public Records Garage: No Garage Spaces: 0 Total Full Baths: 7 Year Built: 1910 SqFt Finished Total: 6864 Source of Acreage: Public Records

Site

Sidewalks: 1 Well Landscaped: 1

Location

Intown: 1

Roads

Paved: 1 Public: 1

Water Info

Water Frontage: No Water View: Yes Water Body Name: Casco Bay

Water Body Type

Bay: 1

Style

Other: 1

Construction

Other: 1

Levels

Multi-Level: 1

Basement

Other: 1 Walk-Out Access: 1

Exterior

Brick: 1 Wood Siding: 1

Roof

Membrane: 1

Heat System

Hot Water: 1

Building Info

# Stories: 3 # Floors: 4 # Heating Units: 1 # Water Heaters: 2

Heat Fuel

Gas Natural: 1

Income & Expenses

Gross Income: 144895 Operating Expenses: 50697.03

Cooling

Other: 1

Floors

Wood: 1

Units

# of 1 BD Units: 1 # of 2 BD Units: 6

Parking

1 - 4 Spaces: 1 Off Street: 1

Unit 1

Lease: Yes Level: Basement Security Deposit: Yes Monthly Rent: 1300 # Full Baths: 1 # of Rooms: 5 # of Bedrooms: 1 Dedicated Electric Meter: Yes Dedicated Gas Meter: No Dedicated Water Heater: No Electric: No Heat: Yes Range: Yes Refrigerator: Yes Sewer: Yes Water: Yes

Electric

Circuit Breakers: 1

Unit 2

Lease: Yes Level: First Security Deposit: Yes Monthly Rent: 1675 # Full Baths: 1 # of Rooms: 6 # of Bedrooms: 2 Dedicated Electric Meter: Yes Dedicated Gas Meter: No Dedicated Water Heater: No Electric: No Heat: Yes Range: Yes Refrigerator: Yes Sewer: Yes Water: Yes

Utilities

Utilities On: Yes

Unit 3

Lease: Yes Level: First Security Deposit: Yes Monthly Rent: 1800 # Full Baths: 1 # of Rooms: 6 # of Bedrooms: 2 Dedicated Electric Meter: Yes Dedicated Gas Meter: No Dedicated Water Heater: No Electric: No Heat: Yes Range: Yes Refrigerator: Yes Sewer: Yes Water: Yes

Gas

Natural - On Site: 1

Unit 4

Lease: Yes Level: Second Security Deposit: Yes Monthly Rent: 1664 # Full Baths: 1 # of Rooms: 6 # of Bedrooms: 2 Dedicated Electric Meter: Yes Dedicated Gas Meter: No Dedicated Water Heater: No Electric: No Heat: Yes Range: Yes Refrigerator: Yes Sewer: Yes Water: Yes

Sewer

Public Sewer: 1

Unit 5

Lease: Yes Level: Second Security Deposit: Yes Monthly Rent: 1800 # Full Baths: 1 # of Rooms: 6 # of Bedrooms: 2 Dedicated Electric Meter: Yes Dedicated Gas Meter: No Dedicated Water Heater: No Electric: No Heat: Yes Range: Yes Refrigerator: Yes Sewer: Yes Water: Yes

Water

Public: 1

Unit 6

Lease: Yes Level: Third Security Deposit: Yes Monthly Rent: 1500 # Full Baths: 1 # of Rooms: 6 # of Bedrooms: 2 Dedicated Electric Meter: Yes Dedicated Gas Meter: No Dedicated Water Heater: No Electric: No Heat: Yes Range: Yes Refrigerator: Yes Sewer: Yes Water: Yes

Unit 7

Lease: Yes Level: Third Security Deposit: Yes Monthly Rent: 1700 # Full Baths: 1 # of Rooms: 6 # of Bedrooms: 2 Dedicated Electric Meter: Yes Dedicated Gas Meter: No Dedicated Water Heater: No Electric: No Heat: Yes Range: Yes Refrigerator: Yes Sewer: Yes Water: Yes

Driveway

Paved: 1

Sold Info

Appraiser Email Address: michelle@mainelandconsultants.com

Basement Entry

Interior: 1

Water Heater

Gas: 1

Amenities

Laundry - 1st Floor: 1 Laundry - 2nd Floor: 1 Laundry - Coin: 1 Laundry - Hookup: 1 Storage: 1

Patio and Porch Features

Deck: 1

Vehicle Storage

No Vehicle Storage: 1

Contract Information

Status: Closed Original List Price: 1625000 Sold Price: $1,675,001 Current Price: $1,675,001

Status Change Info

Pending Date: 2022-02-24 Closed Date: 2022-06-16 Closed Price: 1675001

Property Features

Site: Sidewalks; Well Landscaped Location: Intown Roads: Paved; Public Water Body Type: Bay Style: Other Levels: Multi-Level Construction: Other Basement: Other; Walk-Out Access Basement Entry: Interior Exterior: Brick; Wood Siding Roof: Membrane Heat System: Hot Water Heat Fuel: Gas Natural Water Heater: Gas Cooling: Other Floors: Wood Amenities: Laundry - 1st Floor; Laundry - 2nd Floor; Laundry - Coin; Laundry - Hookup; Storage Patio and Porch Features: Deck Driveway: Paved Parking: 1 - 4 Spaces; Off Street Vehicle Storage: No Vehicle Storage Electric: Circuit Breakers Gas: Natural - On Site Sewer: Public Sewer Water: Public
Listing Office: Porta & Company
Last Updated: January - 10 - 2025
28 High Street, Portland, ME 04101- MLS# 1519160
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