264 State StreetPortland, ME 04101MLS Number 1544862

  • Sale Price: $1,400,000
  • 67 Days Since Sale
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Federal 30-year interest rate: 6.79% last updated on Jun 1, 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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264 State Street Portland ME 04101
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  • 13Bathrooms
  • 0.11Acreage
  • 5,225Square Feet
The ''Charles Tobie House'' represents a rare opportunity to purchase one of Portland's most stately and admired multi-units. This 13-Unit proudly sits on the corner of State and Sherman Street and is ideally located in the Parkside neighborhood of Portland. Located between USM and Maine Medical Center, the ability to command top rents is assured! This property features a large off-street parking lot, coin-op laundry, separate/metered utilities, and a city monitored fire alarm system with fire suppression. There is a large value-add opportunity for the next owner and plenty of charming details still intact. 2 of the 13 Units have been left vacant allowing an opportunity for the next owner to renovate or simply lease at a higher rate. This property is now offered BELOW appraised value - one of very few (if any) properties in Portland offering equity at closing! This is an opportunity not to be missed. For a video walk-thru go to YouTube and enter the property address.
Listed by Keller Williams Realty ((207) 232-8877)

Sold by Porta & Company

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Basic Information

  • Attribution Contact (207) 232-8877
  • Documents Available Deed Public Access, Lead Paint Addendum Public Access, Property Disclosure Public Access
  • Gross Income $126,528

Building

  • Above Grade Finished Area 5,225
  • BasementBrick/Mortar, Walk-Out Access, Finished, Exterior Only
  • Building ConstructionBrick, Masonry
  • Building Info Num Floors 4
  • Building Info Num Heating Units 13
  • Building Info Num Stories 3
  • FoundationBrick/Mortar
  • Garage Spaces
  • Property StyleVictorian
  • Stories3
  • Units13
  • Units Numof 1 Bd Units 13
  • Year Built1900

Amenities

  • AmenitiesFire System, Laundry - Coin, Sprinkler
  • Mls StatusClosed
  • Other AmenitiesBasement, Beachfront, Fireplace
  • Other Equipment Other

Legal

  • ZoningR6

Photos

  • Number of Photos19

Tax Information

  • Tax Book Number 37549
  • Tax Lot23
  • Tax Map Number 48
  • Tax Year 2021
  • Taxes$17,043

Location

  • Address264 State Street
  • Building Number264
  • CountyCumberland
  • DrivewayPaved
  • Latitude43.656035
  • Longitude-70.268358
  • StateME
  • StreetState Street
  • TownPortland
  • Zip04101

Property

  • Lot Size SourcePublic Records
  • Road FrontagePaved

Exterior

  • Exterior Brick
  • RoofSlate

Property Information

  • Acreage0.11
  • Lot Features
    • Corner Lot
    • Historic District
    • Intown
    • Near Public Beach
    • Near Shopping
    • Near Town
    • Near Turnpike/Interstate
    • Sidewalks
  • Lot Size Square Feet 4,791
  • Lot Size Units Acres
  • Site Corner Lot, Sidewalks
  • Square Feet5,225

Other

  • Date Listed10/03/2022
  • View Count19

Parking

  • Parking Features 5 - 10 Spaces, Paved, Off Street

Rooms

  • Bathroom13
  • Full Bath13

Basic Information

  • Agent ID020941
  • Broker ID2957
  • Broker NameKeller Williams Realty
  • List Price$1,800,000
  • LocationTypeHistoric District, Intown, Near Public Beach, Near Shopping, Near Town, Near Turnpike/Interstate
  • MLS Number1544862
  • Modification Date04/03/2023
  • Property TypeResidential Income
  • Sale Date03/31/2023
  • Sale Price$1,400,000

Interior

  • Flooring Laminate, Tile, Vinyl, Wood
  • Interior Features Fire System

Utilities

  • Building Info Num Water Heaters 2
  • Electric Circuit Breakers
  • Gas Natural - On Site
  • Heat SystemDirect Vent Heater, Natural Gas
  • Heating FuelGas Natural
  • Heating YN Yes
  • Laundry Features Laundry - Coin
  • Sewer Public Sewer
  • Utilities Internet Access Available
  • Water HeaterGas, Tank
  • Water Source Public

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

All Maine Homes 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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