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.

More Info

Location Information

Building Number197
StreetCongress Street

Building

Bathroom4
Square Feet3,162
BasementFinished
2 Bedroom Units2
3 Bedroom Units1
Units3
Building ConstructionWood Frame
RoofShingle

Exterior

ExteriorVinyl Siding

Amenities

AmenitiesLaundry - Coin, Shed
Other AmenitiesBasement, Beachfront

Photos

Number of Photos24

Rooms

Full Bath4

Location

StateME
LocationIntown, Near Public Beach, Near Shopping, Near Town, Near Turnpike/Interstate
Zip04101
Address197 Congress Street
CountyCumberland
DrivewayPaved
Map13
Road Frontage DescriptionPaved, Public
SiteLevel, Open, Sidewalks
TownPortland

Utilities

WaterPublic
Heating FuelGas Natural
Heat SystemBaseboard, Heat Pump, Hot Water
CoolingHeat Pump
ElectricCircuit Breakers
GasNatural - At Street
Waste Water DisposalPublic Sewer

Basic Information

StyleMulti-Level, Split Entry
SeasonalNo
MLS Number1550802
Agent ID009631
Broker NameVitalius Real Estate Group, LLC
Broker ID2698
List Price$1,199,000
MLS StatusActive Under Contract
Property SubTypeMulti Family

Property

Acreage0.13
Leased LandNo
Vehicle StorageNo Vehicle Storage
Water ViewNo

Legal

Full Tax Amount$9,503
ZoningB1
Zoning OverlayNo

Other

Last Img Trans Date01/11/2023
Modification Date03/08/2023
Lot20-21
Parking Spaces1 - 4 Spaces, Off Street
Year Built1989
View Count5

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197 Congress StreetPortland, ME 04101MLS Number 1550802

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