62 Waterville Street, Portland, ME 04101 ⋆

62 Waterville Street, Portland, ME 04101

$1,200,000

Virtual Tour

https://player.vimeo.com/external/667027715.hd.mp4?s=9199e9137f9deff316666bc4637bf6ade8473d9e&profile_id=175

Property Type: Multi-Family Baths: 6 Square Footage: 3,366 Lot Size (sq. ft.): 6,098 Status: Closed

Current Price: $1,200,000 List Date: 3/11/2022 Last Modified: 1/10/2025

Overview

Description

Brick 6-unit with parking lot and development potential in one of Munjoy Hill's most desirable locations. Waterville Street is known among East End locals for it's quiet nature and neighborhood setting since it is not a pass-through street, and does not connect directly to Congress ST. The 6,400 SF lot is framed by trees, creating a sense of separation and privacy around the paved parking, currently offered to tenants at no charge. The building is a mix of one-bedroom and studio apartments, two of which have benefited from more recent updates, and really show the potential for all of the units. Or, re envision the property as a development opportunity - reconfigure, convert to condos, build new on the parking lot... so many possibilities for this Munjoy Hill gem!

Listing Details MLS# 1519965

Location Information

Street #: 62
Street Name: Waterville
Street Type: Street
County: Cumberland
Town: Portland
State/Province: ME
Zip Code: 04101
Zip +4: 4342
Leased Land: No
Book: 25311
Page: 030
Map: 17
Block: E
Lot: 6
Zoning: R6
Zoning Overlay: No
Association: No
Full Tax Amount $: 10364.72
Tax Year: 2022

Contract Information

Original List Price: 1400000

Property Information

Surveyed: No
Seasonal: No
Owner Occupied: No
Number of Units: 6
Total Baths: 6
Total Full Baths: 6
Year Built: 1855
SqFt Finished Above Grade: 3366
SqFt Finished Total: 3366
Garage: No
Lot Size Acres +/-: 0.14
Source of Acreage: Public Records
Total Half Baths: 0
SqFt Finished Below Grade: 0
Garage Spaces: 0

Status Change Info

Pending Date: 2022-03-23
Closed Date: 2022-06-27
Closed Price: 1200000

Water Info

Water Frontage: No
Water View: No

Units

# of 1 BD Units: 6

More Information

Unit 1

Lease: No
Level: First
Security Deposit: Yes
Monthly Rent: 750
# Full Baths: Yes
# of Rooms: 2
# of Bedrooms: Yes
Dedicated Electric Meter: No
Dedicated Gas Meter: No
Dedicated Water Heater: No
Electric: Yes
Heat: Yes
Range: Yes
Refrigerator: Yes
Sewer: Yes
Water: Yes

Unit 2

Lease: No
Level: First
Security Deposit: Yes
Monthly Rent: 1200
# Full Baths: Yes
# of Rooms: 3
# of Bedrooms: Yes
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 3

Lease: No
Level: Second
Security Deposit: Yes
Monthly Rent: 1200
# Full Baths: Yes
# of Rooms: 3
# of Bedrooms: Yes
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 4

Lease: No
Level: Second
Security Deposit: Yes
Monthly Rent: 650
# Full Baths: Yes
# of Rooms: 2
# of Bedrooms: Yes
Dedicated Electric Meter: Yes
Dedicated Gas Meter: No
Dedicated Water Heater: No
Electric: No
Heat: Yes
Range: Yes
Refrigerator: Yes
Water: Yes
Sewer: Yes

Unit 5

Lease: No
Level: Third
Security Deposit: Yes
Monthly Rent: 750
# Full Baths: Yes
# of Rooms: 2
# of Bedrooms: Yes
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 6

Lease: No
Level: Third
Security Deposit: Yes
Monthly Rent: 650
# Full Baths: Yes
# of Rooms: 2
# of Bedrooms: Yes
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

Sold Info

Appraiser Email Address: jessica@mainelandconsultants.com

Site

Level: Yes
Sidewalks: Yes

Location

Intown: Yes
Near Public Beach: Yes
Near Shopping: Yes
Near Town: Yes
Near Turnpike/Interstate: Yes

Roads

Public: Yes

Style

Other: Yes

Construction

Wood Frame: Yes

Levels

Multi-Level: Yes

Basement

Full: Yes
Unfinished: Yes

Exterior

Brick: Yes

Roof

Shingle: Yes

Heat System

Baseboard: Yes
Hot Water: Yes

Heat Fuel

Gas Natural: Yes

Income & Expenses

Gross Income: 62400
Operating Expenses: 21162

Cooling

None: Yes

Floors

Laminate: Yes
Tile: Yes
Wood: Yes

Parking

5 - 10 Spaces: Yes

Electric

Circuit Breakers: Yes

Gas

Natural - At Street: Yes

Sewer

Public Sewer: Yes

Water

Public: Yes

Driveway

Paved: Yes

Basement Entry

Interior: Yes

Water Heater

Off Heating System: Yes

Amenities

Laundry - Coin: Yes

Vehicle Storage

No Vehicle Storage: Yes

Property Features

Site: Level; Sidewalks Location: Intown; Near Public Beach; Near Shopping; Near Town; Near Turnpike/Interstate Roads: Public Style: Other Levels: Multi-Level Construction: Wood Frame Basement: Full; Unfinished Basement Entry: Interior Exterior: Brick Roof: Shingle Heat System: Baseboard; Hot Water Heat Fuel: Gas Natural Water Heater: Off Heating System Cooling: None Floors: Laminate; Tile; Wood Amenities: Laundry - Coin Driveway: Paved Parking: 5 - 10 Spaces Vehicle Storage: No Vehicle Storage Electric: Circuit Breakers Gas: Natural - At Street Sewer: Public Sewer Water: Public

Documents

Deed ›

Lead Paint Addendum ›

Property Brochure ›

Listing Office: Vitalius Real Estate Group, LLC

IDX

Last Updated: January - 10 - 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.

62 Waterville Street, Portland, ME 04101 (MLS# 1519965)