Closed

38 Veranda Street

Portland ME, 04103

$855,000


Closed

5 Baths

13,180 sqft

Multi-family

Built in 1900

Courtesy of Maine Real Estate Experts

MOTIVATED SELLERS! Very nice 5 unit in a desirable and convenient location with the possibility of an additional efficiency unit available. Well maintained, with strong rental history and cashflow. Property has been in the family for more than 50 years! Top floor is owner's unit which is completely updated. Efficiency unit over the garage area as well. Ample off-street parking. Short walk to dinner at Veranda Thai, Other Side Diner or the Other Side Market! Back Bay, Mackworth and Munjoy Hill are also a short bike ride away! Great opportunity for an investor or owner occupant. 4 units rented currently. Long term tenants. Bring your vision and get into the Portland rental market! Income and Expenses are estimates.

1522059

MLS ID

March 16, 2024

Updated

Map

38 Veranda Street
Portland ME, 04103

Interior Features

Bathrooms

5 Baths


Floor Description

Wood, Vinyl, Tile, Carpet


Fireplace

No


Cooling

No


Cooling Description

None


Heating

Yes


Heating Description

Hot Water, Forced Air, Baseboard

Exterior/Building Features

Lot Size

0.11 Acres


Lot Features

Corner Lot, Level, Open Lot, Sidewalks, Intown, Near Shopping, Near Turnpike/Interstate, Near Town, Neighborhood, Office Park, Near Public Transit


Architectual Style

Multi-Level, New Englander


Roof

Composition, Shingle


Sewer

Public Sewer

Other Property Details

Taxes

$8,482


Tax Frequency

Annually


Garage

Yes


Garage Spaces

2


Parking

1 - 4 Spaces, Gravel, Common, Other, Garage Door Opener, Inside Entrance, On Street


View

No


County

Cumberland


Water Source

Public


Pool

No


Zoning

R5


Buyer Agency Compensation

2%

Listing History

Date

Event

Price

10/13/2023

Sold

$855,000

Listing Contact: 207-615-2642

Bought with Porta & Company and Listed by Maine Real Estate Experts

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. © 2024 Maine Real Estate Information System, Inc. All Rights Reserved. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor Brick & Barn Real Estate | Scott Rome shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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Data last updated 2:28 AM UTC, 3/16/2024

 

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