41 Chestnut StreetPortland, ME 04101MLS Number 1520688

  • Price: $2,995,000
  • Est. Mortgage of $/month
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%
$/month over payments
Federal 30-year interest rate: 5.1% last updated on May 26, 2022
* 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
41 Chestnut Street Portland ME 0410141 Chestnut Street Portland ME 0410141 Chestnut Street Portland ME 0410141 Chestnut Street Portland ME 0410141 Chestnut Street Portland ME 0410141 Chestnut Street Portland ME 0410141 Chestnut Street Portland ME 0410141 Chestnut Street Portland ME 0410141 Chestnut Street Portland ME 0410141 Chestnut Street Portland ME 0410141 Chestnut Street Portland ME 0410141 Chestnut Street Portland ME 0410141 Chestnut Street Portland ME 0410141 Chestnut Street Portland ME 0410141 Chestnut Street Portland ME 0410141 Chestnut Street Portland ME 0410141 Chestnut Street Portland ME 0410141 Chestnut Street Portland ME 0410141 Chestnut Street Portland ME 0410141 Chestnut Street Portland ME 0410141 Chestnut Street Portland ME 0410141 Chestnut Street Portland ME 0410141 Chestnut Street Portland ME 0410141 Chestnut Street Portland ME 0410141 Chestnut Street Portland ME 0410141 Chestnut Street Portland ME 0410141 Chestnut Street Portland ME 0410141 Chestnut Street Portland ME 0410141 Chestnut Street Portland ME 0410141 Chestnut Street Portland ME 0410141 Chestnut Street Portland ME 04101
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  • 16Bathrooms
- 16 exempt, value-add units for sale on Portland's peninsula.- Exempt from City of Portland Rental Control Ordinance- Multi-Family building comprised of 16 units totaling 12,496+/- SF- Spacious and efficient layout, all units with three-bedrooms on 4-stories- Exceptional cash-flow opportunity at an opportune time to invest in a growing neighborhood on Portland's peninsula- Professionally managed building protected by code-compliant, centrally monitored alarm and sprinkler system- Walkable to Old Port, Downtown Business District District and Whole Foods/Bayside Area- Projected Cap Rate: 9.22%- Sale Price: $2,995,000
Listed by Porta & Company

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AllMaineHomes
104 Water Street
Hallowell, ME 04347

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More Info

Location Information

  • Building Number41
  • StreetChestnut Street

Building

  • Bathroom16
  • Square Feet15,620
  • Foundation MaterialsBrick/Mortar
  • BasementDaylight, Full, Slab, Walkout Access
  • 3 Bedroom Units16
  • Stories4
  • Units16
  • Building ConstructionWood Frame
  • Num Floors4
  • RoofFlat, Membrane

Property Information

  • ColorGrey
  • IslandNo

Water Body

  • Water Body NameCasco Bay
  • Water Body TypeCove
  • Water FrontageNo

Photos

  • Number of Photos31

Rooms

  • Full Bath16

Location

  • StateME
  • LocationIntown, Neighborhood
  • Zip04101
  • Address41 Chestnut Street
  • CountyCumberland
  • DrivewayPaved
  • Map26
  • Road Frontage DescriptionPaved
  • SiteLevel
  • TownPortland

Exterior

  • ExteriorAluminum Siding

Utilities

  • WaterPublic
  • Heating FuelGas Natural
  • Heat SystemBaseboard
  • CoolingNone
  • ElectricCircuit Breakers
  • GasNatural - On Site
  • Waste Water DisposalPublic Sewer

Other

  • Last Img Trans Date03/01/2022
  • Modification Date03/15/2022
  • LotF13
  • Parking Spaces1 - 4 Spaces
  • Year Built1900
  • View Count22

Basic Information

  • StyleMulti-Level
  • SeasonalNo
  • MLS Number1520688
  • Agent ID017653
  • Broker NamePorta & Company
  • Broker ID3041
  • List Price$2,995,000
  • MLS StatusPending
  • Property SubTypeMulti Family

Property

  • Road Frontage62
  • Acreage0.1
  • Leased LandNo
  • Sq Ft SourcePublic Records
  • Vehicle StorageNo Vehicle Storage
  • Water ViewYes

Amenities

  • AmenitiesFire System, Sprinkler
  • Other AmenitiesBasement, Water View

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. ©2022 Maine Real Estate Information System, Inc. All Rights Reserved. equal opportunity housing logo   Privacy Policy

All Maine Homes participates in ©2022 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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