317-319 Valley StreetPortland, ME 04102MLS Number 1573930

  • Price: $999,900
  • Est. Mortgage of $/month
  • 62 Days on Market
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Federal 30-year interest rate: 7.22% last updated on Nov 30, 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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317-319 Valley Street Portland ME 04102317-319 Valley Street Portland ME 04102317-319 Valley Street Portland ME 04102317-319 Valley Street Portland ME 04102317-319 Valley Street Portland ME 04102317-319 Valley Street Portland ME 04102317-319 Valley Street Portland ME 04102317-319 Valley Street Portland ME 04102317-319 Valley Street Portland ME 04102317-319 Valley Street Portland ME 04102317-319 Valley Street Portland ME 04102317-319 Valley Street Portland ME 04102317-319 Valley Street Portland ME 04102317-319 Valley Street Portland ME 04102317-319 Valley Street Portland ME 04102317-319 Valley Street Portland ME 04102317-319 Valley Street Portland ME 04102317-319 Valley Street Portland ME 04102317-319 Valley Street Portland ME 04102317-319 Valley Street Portland ME 04102317-319 Valley Street Portland ME 04102317-319 Valley Street Portland ME 04102317-319 Valley Street Portland ME 04102317-319 Valley Street Portland ME 04102317-319 Valley Street Portland ME 04102317-319 Valley Street Portland ME 04102317-319 Valley Street Portland ME 04102317-319 Valley Street Portland ME 04102317-319 Valley Street Portland ME 04102317-319 Valley Street Portland ME 04102317-319 Valley Street Portland ME 04102317-319 Valley Street Portland ME 04102317-319 Valley Street Portland ME 04102317-319 Valley Street Portland ME 04102317-319 Valley Street Portland ME 04102317-319 Valley Street Portland ME 04102317-319 Valley Street Portland ME 04102317-319 Valley Street Portland ME 04102317-319 Valley Street Portland ME 04102
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  • 6Bathrooms
  • 0.08Acreage
  • 3,450Square Feet
Incredible turnkey Triplex with strong cash flow (114K+ income), perfect for Investment or owner occupancy. This updated property with many recent improvements is conveniently situated in downtown Portland with easy access to Maine Med, restaurants, shopping, and much more. This low-maintenance updated building offers spacious 3 apartments, two are 4 bedroom, 1.5 bath and third floor unit features 5 bedrooms and 2 full bathrooms. The financials for this property are outstanding, with projected yearly profit of $94K+. Alternatively, an owner could choose to reside in one of the apartments while renting out the others to cover most of the mortgage. With a low maintenance updated units with 3 great tenants, small rear yard, three deeded off street parking spots, fantastic rental income, and downtown location, this is a rare opportunity that should not be missed. Investors take notice, Seller is offering 2 turnkey cash flowing downtown properties with 147K+ NOI rare 9.2+% cap rate. Great to make more income from less tenants
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Basic Information

  • Documents Available Property Disclosure Member Only, Deed Member Only, Lead Paint Addendum Member Only
  • Gross Income $114,600

Basic Information

  • Agent ID016790
  • Broker ID3377
  • Broker NameReal Broker
  • List Price$999,900
  • LocationTypeInterior Lot, Near Railroad, Near Shopping, Near Town
  • MLS Number1573930
  • Modification Date11/02/2023
  • Property TypeResidential Income
  • Virtual TourView Tour

Interior

  • Interior Features 1st Floor Bedroom

Exterior

  • Exterior Clapboard, Vinyl Siding
  • RoofMembrane

Amenities

  • AmenitiesLaundry - Hookup
  • Mls StatusActive Under Contract
  • Other AmenitiesBasement, Fireplace

Legal

  • ZoningB2

Photos

  • Number of Photos39

Other

  • Date Listed10/04/2023
  • View Count4

Tax Information

  • Tax Book Number 39677
  • Tax Lot2
  • Tax Map Number 65
  • Tax Year 2023
  • Taxes$10,862

Building

  • Above Grade Finished Area 3,450
  • BasementDirt Floor, Full, Interior Entry, Unfinished
  • Building ConstructionWood Frame
  • Building Info Num Floors 3
  • Building Info Num Heating Units 1
  • Building Info Num Stories 3
  • FoundationConcrete Perimeter, Brick/Mortar
  • Garage Spaces
  • Property StyleMulti-Level
  • Stories3
  • Units3
  • Units Numof 4 Bd Units 3
  • Year Built1911

Property Information

  • Acreage0.08
  • Lot Features
    • Interior Lot
    • Level
    • Near Public Transit
    • Near Railroad
    • Near Shopping
    • Near Town
    • Sidewalks
  • Lot Size Square Feet 3,484
  • Lot Size Units Acres
  • Site Level, Sidewalks
  • Square Feet3,450

Parking

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

Rooms

  • Bathroom6
  • Full Bath4

Location

  • Address317-319 Valley Street
  • Building Number317-319
  • CountyCumberland
  • DrivewayCommon, Paved
  • Latitude43.654756
  • Longitude-70.278963
  • StateME
  • StreetValley Street
  • TownPortland
  • Transportation Near Airport, Public Transport Access
  • Zip04102

Property

  • Lot Size SourcePublic Records
  • Road FrontagePaved, Public

Utilities

  • Building Info Num Water Heaters 1
  • Electric Circuit Breakers
  • Gas Natural - On Site
  • Heating FuelGas Natural
  • Laundry Features Washer Hookup
  • Sewer Public Sewer
  • Utilities Cable Available
  • Water HeaterOff Heating System
  • 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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