25 Granite StreetPortland, ME 04102MLS Number 1480477

  • Price: $2,750,000
  • Est. Mortgage of $/month
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$/month over payments
Federal 30-year interest rate: 3.13% last updated on Apr 8, 2021
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
Pending
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Portland ME 0410225 Granite Street Portland ME 04102
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  • 0.29Acreage
  • 1910Year Built
  • 9,816Square Feet

Driving Directions

Exceptional building and excellent investment opportunity! 25 Granite Street has much to offer the tenant as well as the investor: a few steps from the USM Law School and the main campus, off street parking, efficient Rinnai Heaters, 4 of the units have dedicated outside space, and another 4 have private roof top decks with great city views!Built as an Inn, circa 1750, and added onto in the early 20th century creating a nice mix of 1 & 2 bedroom units with 4 units retaining ornamental fireplaces.Additionally there is a coin-op laundry and dedicated tenant storage space.A few years after the current owner purchased the property its trajectory was for condo conversion so all systems were updated to include: new roof, windows, heating systems, siding,plumbing, wiring, kitchens and baths, and roof top decks. In the last few years a number of the units have been redone to stay fresh. The market shifted dramatically 08-09 so it remained and still is today a great 12 unit investment opportunity!
Listed By Morrison Real Estate

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Location Information

  • Building Number25
  • StreetGranite Street

Building

  • Square Feet9,816
  • Foundation MaterialsGranite
  • BasementCrawl Space, Full, Unfinished
  • 2 Bedroom Units7
  • 1 Bedroom Units5
  • Stories3
  • Building ConstructionWood Frame
  • Num Floors3
  • Num Heating Units24
  • Num Water Heaters1
  • RoofFlat, Membrane

Amenities

  • AmenitiesDeck, Laundry - Coin, One-Floor Living
  • UsmAmenitiesBasement

Photos

  • Number of Photos201

Other

  • Last Img Trans Date01/23/2021
  • Modification Date01/29/2021
  • EquipmentCable
  • Lot21
  • Parking Spaces11 - 20 Spaces, Paved
  • Year Built1910
  • View Count8

Basic Information

  • StyleOther Style
  • SeasonalNo
  • MLS Number1480477
  • Agent ID002050
  • Broker NameMorrison Real Estate
  • Broker ID1394
  • List Price$2,750,000
  • MLS StatusPending

Property

  • Acreage0.29
  • Leased LandNo
  • Vehicle Storage1 Car, Detached, Off Street Parking
  • Water ViewNo

Property Information

  • ColorYellow

Water Body

  • Water FrontageNo

Location

  • StateME
  • LocationNear Shopping, Near Town, Neighborhood
  • Zip04102
  • Address25 Granite Street
  • CountyCumberland
  • DrivewayPaved
  • Map51
  • Road Frontage DescriptionPaved, Public
  • SiteSidewalks, Well Landscaped
  • TownPortland
  • TransportationNear Airport

Exterior

  • ExteriorVinyl Siding

Utilities

  • WaterPublic
  • Heating FuelGas Natural
  • Heat SystemDirect Vent Heater
  • CoolingNone
  • ElectricCircuit Breakers
  • GasNatural - On Site, Underground
  • Waste Water DisposalPublic Sewer
Williams Realty Partners
Williams Realty Partners
Office: 207-351-8188
4 Market Place Drive
York, ME 03909

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Listing data is derived in whole or in part from the Maine IDX & is for consumers' personal, non commercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. ©2021 Maine Real Estate Information System, Inc. All Rights Reserved. equal opportunity housing logo   Privacy Policy

Williams Realty Partners participates in ©2021 Maine Listings Internet Data Exchange program, allowing us to display other Maine IDX Participants' listings. This website does not display complete listings. Certain listings of other real estate brokerage firms have been excluded. Mortgage figures are estimates. Check with your bank or proposed mortgage company for actual interest rates. This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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