531 & 535 Cumberland AvenuePortland, ME 04101MLS Number 1542944

  • Sale Price: $1,900,000
  • 264 Days Since Sale
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Federal 30-year interest rate: 7.22% last updated on Nov 30, 2023
* 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.
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531 & 535 Cumberland Avenue Portland ME 04101
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  • 7,720Square Feet
  • 0.25Acreage
  • 12Bathrooms
  • 1910Year Built

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Excellent Condition 2-Building apartment complex with ample parking on the edge of Portland's West End. 531 Cumberland is a 5-unit building comprised of a large first-floor 3 bedroom unit and four 1-bedroom units on the upper levels. 535 Cumberland is a 7-unit building with seven 1-bedroom units., storage lockers and laundry room. Large parking lot with 16 spaces. Rarely does a property come on the market this well maintained. Current owner has replaced roofs, boilers and windows, as well as remodeled most apartments and hallways. Units are full of historic charm including original wood floors and moldings, stairwells, etc. Excellent peninsula location within walking distance to the Congress Street corridor, Maine Med, Deering Oaks Park and even the Old Port. Also Listed Commercial MLS# 1543025
Listed by Town & Shore Real Estate

Sold by Vitalius Real Estate Group, LLC

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Basic Information

  • Gross Income $174,204

Rooms

  • Bathroom12
  • Full Bath12

Location

  • Address531 & 535 Cumberland Avenue
  • Building Number531 & 535
  • CountyCumberland
  • DrivewayGravel
  • Latitude43.654826
  • Longitude-70.271025
  • StateME
  • StreetCumberland Avenue
  • TownPortland
  • Transportation Public Transport Access
  • Zip04101

Interior

  • Flooring Carpet, Tile, Wood

Utilities

  • Building Info Num Water Heaters 2
  • Electric Circuit Breakers
  • Gas Natural - On Site
  • Heat SystemSteam, Natural Gas
  • Heating FuelGas Natural
  • Heating YN Yes
  • Laundry Features Laundry - Coin
  • Sewer Public Sewer
  • Utilities Cable Available, Internet Access Available
  • Water HeaterOff Heating System
  • Water Source Public

Other

  • Date Listed12/27/2022
  • View Count4

Tax Information

  • Tax Book Number 17526
  • Tax LotE22, E23
  • Tax Map Number 48
  • Tax Year 2022
  • Taxes$24,142

Building

  • Above Grade Finished Area 6,868
  • Basement
    • Bulkhead
    • Exterior Entry
    • Finished
    • Full
    • Interior Entry
    • Unfinished
    • Walk-Out Access
  • Below Grade Finished Area 852
  • Building ConstructionVinyl Siding, Wood Frame
  • Building Info Num Fireplaces 1
  • Building Info Num Floors 3
  • Building Info Num Heating Units 2
  • Building Info Num Stories 3
  • FoundationStone, Brick/Mortar
  • Garage Spaces
  • Property StyleNew Englander, Victorian
  • Stories3
  • Units12
  • Units Numof 1 Bd Units 11
  • Units Numof 3 Bd Units 1
  • Window Features Double Pane Windows
  • Year Built1910

Amenities

  • AmenitiesDeck, Laundry - Coin
  • Mls StatusClosed
  • Other AmenitiesBasement, Fireplace

Parking

  • Parking Features 11 - 20 Spaces, Gravel, On Site, Off Street

Basic Information

  • Agent ID002054
  • Broker ID1067
  • Broker NameTown & Shore Real Estate
  • List Price$1,875,000
  • LocationTypeIntown
  • Maine1542944
  • Modification Date03/16/2023
  • Property TypeResidential Income
  • Sale Date03/15/2023
  • Sale Price$1,900,000

Property

  • Lot Size SourcePublic Records
  • Road FrontagePaved, Public

Exterior

  • Exterior Vinyl Siding
  • RoofPitched, Shingle

Property Information

  • Acreage0.25
  • Lot Features Level, Sidewalks, Intown, Near Public Transit
  • Lot Size Square Feet 10,890
  • Lot Size Units Acres
  • Patio And Porch Features Deck
  • Site Level, Sidewalks
  • Square Feet7,720

Legal

  • ZoningR6

Photos

  • Number of Photos54
Williams Realty Partners

Your Local Office

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Williams Realty Partners
Office: 207-351-8188
1000 US RT 1 Suite 102
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. ©2023 Maine Real Estate Information System, Inc. All Rights Reserved. equal opportunity housing logo   Privacy Policy

Williams Realty Partners participates in ©2023 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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