| Up North Realty Maine

98-100 India Street, Portland, ME 04101

$1,700,000
Property Type: Commercial Square Footage: 5,592 Lot Size (sq. ft.): 7,841 Status: Closed
Current Price: $1,700,000 List Date: 1/06/2022 Last Modified: 1/10/2025

Overview

Description

Excellent Portland investment opportunity! Clean 8-unit apartment building is just steps to the Old Port, Portland's waterfront and city center. This handsome brick building was completely renovated in 2000 and has had many updates since then. 4 one bedroom and 4 two bedroom units lend a good mix of income along with a 10 car parking lot. The 2 lower-level units enjoy their own entries. All units have roomy living areas and there are laundry facilities for the tenants' convenience. The property is striking and, as a part of one Portland's most historic neighborhoods, will always command attention. This is a building where pride of ownership rings true!

Listing Details MLS# 1512533

Location Information

Street #
98-100
Street Name
India
Street Type
Street
County
Cumberland
Town
Portland
State/Province
ME
Zip Code
04101
Zip +4
4270
Leased Land
No
Book
29614
Page
007
Map
28
Block
D
Lot
14
Zoning
R7
Zoning Overlay
Yes
Full Tax Amount $
17328
Tax Year
2022
Association Y/N
No
Neighborhood Association
East End

Contract Information

Original List Price
1950000

Property Information

Primary Use
Multi Family
Surveyed
Unknown
Year Built
1900
Leases
Yes
SqFt Finished Total
5592
Lot Size Acres +/-
0.18

Status Change Info

Pending Date
2022-01-13
Closed Date
2022-03-11
Closed Price
1700000

Utilities

Utilities On
Yes

Sold Info

Appraiser Email Address
sean.finnerty@cushwake.com

More Information

Location

Business District
Yes
Historic District
Yes
Near Shopping
Yes

Easement Remarks

Easement Remarks
see deed

Property Uses

Freestanding Building
Yes
Other
Yes

Construction

Masonry
Yes

Basement

Finished
Yes
Full
Yes
Walk-Out Access
Yes

Foundation Materials

Brick/Mortar
Yes

Exterior

Brick
Yes

Roof

Membrane
Yes
Shingle
Yes

Heat System

Baseboard
Yes
Forced Air
Yes
Hot Water
Yes
Zoned
Yes

Heat Fuel

Gas Natural
Yes

Cooling

None
Yes

Floors

Carpet
Yes
Tile
Yes
Vinyl
Yes
Wood
Yes

Parking

5 - 10 Spaces
Yes
On Site
Yes
Paved
Yes

Electric

Circuit Breakers
Yes

Gas

Natural - On Site
Yes

Sewer

Public Sewer
Yes

Water

Public
Yes

Property Features

Location: Business District; Historic District; Near Shopping Construction: Masonry Property Uses: Freestanding Building; Other Basement: Finished; Full; Walk-Out Access Foundation Materials: Brick/Mortar Exterior: Brick Roof: Membrane; Shingle Heat System: Baseboard; Forced Air; Hot Water; Zoned Heat Fuel: Gas Natural Cooling: None Floors: Carpet; Tile; Vinyl; Wood Parking: 5 - 10 Spaces; On Site; Paved Electric: Circuit Breakers Gas: Natural - On Site Sewer: Public Sewer Water: Public
Listing Office: Gardner Real Estate Group
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.