366 Cottage Road, South Portland, ME 04106 ⋆

366 Cottage Road, South Portland, ME 04106

$1,715,000

Property Type: Multi-Family Baths: 9 Square Footage: 6,720 Lot Size (sq. ft.): 15,246 Status: Closed

Current Price: $1,715,000 List Date: 7/05/2022 Last Modified: 1/12/2025

Overview

Description

Rare South Portland 9 Unit on Cottage Rd. Well maintained property with excellent rental history. Open Showings on July 8th from 10 a.m. to 12 p.m. and July 12th from 12 p.m. to 2 p.m. Offer deadline: July 14th at 5 p.m. Units 1,2,3,4,&8 are Subsidized by Opportunity Alliance.

Listing Details MLS# 1535187

Location Information

Street #: 366
Street Name: Cottage
Street Type: Road
County: Cumberland
Town: South Portland
State/Province: ME
Zip Code: 04106
Zip +4: 3914
Leased Land: No
Book: 27547
Page: 192
Map: 10
Lot: 208
Zoning: MHCC
Zoning Overlay: No
Association: No
Full Tax Amount $: 12624
Tax Year: 2021

Contract Information

Original List Price: 1950000

Property Information

Surveyed: No
Seasonal: No
Number of Units: 9
Total Baths: 9
Total Full Baths: 9
Year Built: 1968
SqFt Finished Above Grade: 6720
SqFt Finished Total: 6720
SqFt Source: Public Records
Garage: No
Lot Size Acres +/-: 0.35
Source of Acreage: Public Records
Total Half Baths: 0
SqFt Finished Below Grade: 0
Garage Spaces: 0

Status Change Info

Pending Date: 2022-08-11
Closed Date: 2022-10-20
Closed Price: 1715000

Water Info

Water Frontage: No
Water View: No

Units

# of 1 BD Units: 3
# of 2 BD Units: 6

More Information

Unit 1

Lease: No
Level: First
Security Deposit: Yes
Monthly Rent: 1265
# Full Baths: Yes
# of Rooms: 5
# of Bedrooms: 2
Dedicated Electric Meter: Yes
Dedicated Gas Meter: Yes
Dedicated Water Heater: No
Electric: No
Heat: No
Range: Yes
Refrigerator: Yes
Sewer: Yes
Water: Yes

Unit 2

Lease: Yes
Level: First
Security Deposit: Yes
Monthly Rent: 1000
# Full Baths: Yes
# of Rooms: 4
# of Bedrooms: Yes
Dedicated Electric Meter: Yes
Dedicated Gas Meter: Yes
Dedicated Water Heater: No
Electric: No
Heat: No
Range: Yes
Refrigerator: Yes
Sewer: Yes
Water: Yes

Unit 3

Lease: No
Level: First
Security Deposit: Yes
Monthly Rent: 1375
# Full Baths: Yes
# of Rooms: 5
# of Bedrooms: 2
Dedicated Electric Meter: Yes
Dedicated Gas Meter: Yes
Dedicated Water Heater: No
Electric: No
Heat: No
Range: Yes
Refrigerator: Yes
Sewer: Yes
Water: Yes

Unit 4

Lease: No
Level: Second
Security Deposit: Yes
Monthly Rent: 1386
# Full Baths: Yes
# of Rooms: 5
# of Bedrooms: 2
Dedicated Electric Meter: Yes
Dedicated Gas Meter: Yes
Dedicated Water Heater: No
Electric: No
Heat: No
Range: Yes
Refrigerator: Yes
Water: Yes
Sewer: Yes

Unit 5

Lease: No
Level: Second
Security Deposit: Yes
Monthly Rent: 737
# Full Baths: Yes
# of Rooms: 4
# of Bedrooms: Yes
Dedicated Electric Meter: Yes
Dedicated Gas Meter: Yes
Dedicated Water Heater: No
Electric: No
Heat: No
Range: Yes
Refrigerator: Yes
Sewer: Yes
Water: Yes

Unit 6

Lease: No
Level: Second
Security Deposit: Yes
Monthly Rent: 1292
# Full Baths: Yes
# of Rooms: 5
# of Bedrooms: 2
Dedicated Electric Meter: Yes
Dedicated Gas Meter: Yes
Dedicated Water Heater: No
Electric: No
Heat: No
Range: Yes
Refrigerator: Yes
Sewer: Yes
Water: Yes

Unit 7

Lease: No
Level: Third
Security Deposit: Yes
Monthly Rent: 1182
# Full Baths: Yes
# of Rooms: 5
# of Bedrooms: 2
Dedicated Electric Meter: Yes
Dedicated Gas Meter: Yes
Dedicated Water Heater: No
Electric: No
Heat: No
Range: Yes
Refrigerator: Yes
Sewer: Yes
Water: Yes

Unit 8

Lease: No
Level: Third
Security Deposit: Yes
Monthly Rent: 1250
# Full Baths: Yes
# of Rooms: 4
# of Bedrooms: Yes
Dedicated Electric Meter: Yes
Dedicated Gas Meter: Yes
Dedicated Water Heater: No
Electric: No
Heat: No
Range: Yes
Refrigerator: Yes
Sewer: Yes
Water: Yes

Unit 9

Lease: No
Level: Third
Security Deposit: Yes
Monthly Rent: 1265
# Full Baths: Yes
# of Rooms: 5
# of Bedrooms: 2
Dedicated Electric Meter: Yes
Dedicated Gas Meter: Yes
Dedicated Water Heater: No
Electric: No
Heat: No
Range: Yes
Refrigerator: Yes
Sewer: Yes
Water: Yes

Utilities

Utilities On: Yes

Sold Info

Appraiser Email Address: jessica@mainelandconsultants.com

Site

Sidewalks: Yes

Location

Near Shopping: Yes
Near Town: Yes

Roads

Public: Yes

Style

Other: Yes

Construction

Wood Frame: Yes

Levels

Multi-Level: Yes

Basement

None: Yes

Exterior

Aluminum Siding: Yes

Roof

Shingle: Yes

Heat System

Direct Vent Heater: Yes
Other Heat System: Yes

Heat Fuel

Gas Natural: Yes

Income & Expenses

Gross Income: 129024
Operating Expenses: 34447.9

Cooling

None: Yes

Floors

Carpet: Yes
Wood: Yes

Parking

On Site: Yes
Paved: Yes

Electric

Circuit Breakers: Yes

Gas

Natural - At Street: Yes

Sewer

Public Sewer: Yes

Water

Public: Yes

Driveway

Common: Yes
Paved: Yes

Basement Entry

Not Applicable: Yes

Water Heater

Gas: Yes

Vehicle Storage

No Vehicle Storage: Yes

Property Features

Site: Sidewalks Location: Near Shopping; Near Town Roads: Public Style: Other Levels: Multi-Level Construction: Wood Frame Basement: None Basement Entry: Not Applicable Exterior: Aluminum Siding Roof: Shingle Heat System: Direct Vent Heater; Other Heat System Heat Fuel: Gas Natural Water Heater: Gas Cooling: None Floors: Carpet; Wood Driveway: Common; Paved Parking: On Site; Paved Vehicle Storage: No Vehicle Storage Electric: Circuit Breakers Gas: Natural - At Street Sewer: Public Sewer Water: Public

Documents

Property Disclosure Public Access ›

Lead Paint Addendum Public Access ›

Listing Office: The Dunham Group

IDX

Last Updated: January - 12 - 2025

Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. Copyright ©2022 Maine Real Estate Information System, Inc. All Rights Reserved. Equal Housing Opportunity.

366 Cottage Road, South Portland, ME 04106 (MLS# 1535187)