197 Congress StreetPortland, ME 04101Sale Price: $1,150,000

  • Sale Price: $1,150,000
  • 418 Days Since Sale
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Federal 30-year interest rate: 6.87% last updated on Jun 20, 2024
* 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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197 Congress Street Portland ME 04101
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  • 3,162Square Feet
  • 0.13Acreage
  • 4Bathrooms
  • 1989Year Built

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Deceptively simple outside, this East End multi-family is fully furnished, turn-key, has a strong furnished-rental income history, and has a parking lot to boot! Inside is much bigger than it appears, with three 2-bedrooms units plus a full guest studio. Each unit has been renovated with a charming, coastal touch and the location is highly desirable to short, medium, and long term tenants and buyers looking to live downtown. This location might just be one of the most walkable on Portland's East Side, sitting at the intersection of Washington's ''restaurant row,'' India Street's gateway to the waterfront, Munjoy Hill's stunning park, and East End Beach. The 5,998 SF lot currently offers a large parking lot and quaint courtyard with the future potential to add additional units. The 1980's construction is a refreshingly attractive alternative to the typical 100+ year old Portland building.
Listed by Vitalius Real Estate Group,LLC

Sold by Vitalius Real Estate Group, LLC

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More Info

Basic Information

  • Documents Available Deed Member Only, Property Disclosure Public Access
  • Gross Income $162,000

Basic Information

  • Agent ID009631,009700
  • Broker ID2698
  • Broker NameVitalius Real Estate Group, LLC
  • List Price$1,199,000
  • LocationTypeIntown, Near Public Beach, Near Shopping, Near Town, Near Turnpike/Interstate
  • Maine1550802
  • Modification Date05/01/2023
  • Property TypeResidential Income
  • Sale Date05/01/2023
  • Sale Price$1,150,000

Interior

  • Flooring Laminate, Tile, Wood

Property Information

  • Acreage0.13
  • Lot Features
    • Intown
    • Level
    • Near Public Beach
    • Near Shopping
    • Near Town
    • Near Turnpike/Interstate
    • Open Lot
    • Sidewalks
  • Lot Size Square Feet 5,662
  • Lot Size Units Acres
  • Site Level, Open, Sidewalks
  • Square Feet3,162

Photos

  • Number of Photos24

Tax Information

  • Tax Book Number 39779
  • Tax Lot20-21
  • Tax Map Number 13
  • Tax Year 2022
  • Taxes$9,503

Building

  • Above Grade Finished Area 1,632
  • BasementFinished, Not Applicable
  • Below Grade Finished Area 1,530
  • Building ConstructionVinyl Siding, Wood Frame
  • Garage Spaces
  • Property StyleMulti-Level, Split Entry
  • Units3
  • Units Numof 2 Bd Units 2
  • Units Numof 3 Bd Units 1
  • Year Built1989

Utilities

  • Electric Circuit Breakers
  • Gas Natural - At Street
  • Heat SystemBaseboard, Heat Pump, Hot Water, Natural Gas
  • Heating FuelGas Natural
  • Heating YN Yes
  • Laundry Features Laundry - Coin
  • Sewer Public Sewer
  • Water HeaterGas
  • Water Source Public

Parking

  • Parking Features 1 - 4 Spaces, Paved, Off Street

Rooms

  • Bathroom4
  • Full Bath4

Location

  • Address197 Congress Street
  • Building Number197
  • CountyCumberland
  • DrivewayPaved
  • Latitude43.663987
  • Longitude-70.250463
  • StateME
  • StreetCongress Street
  • TownPortland
  • Zip04101

Property

  • Lot Size SourcePublic Records
  • Road FrontagePaved, Public

Exterior

  • Exterior Vinyl Siding
  • RoofShingle

Amenities

  • AmenitiesLaundry - Coin, Shed
  • Cooling Heat Pump
  • Cooling YN Yes
  • Mls StatusClosed
  • Other AmenitiesBasement, Beachfront, Fireplace

Other

  • Date Listed01/11/2023
  • View Count5
Williams Realty Partners
Williams Realty Partners
Office: 207-351-8188
1000 US RT 1 Suite 102
York, ME 03909

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. ©2024 Maine Real Estate Information System, Inc. All Rights Reserved. equal opportunity housing logo   Privacy Policy

Williams Realty Partners participates in ©2024 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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