245 Preble StreetSouth Portland, ME 04106MLS Number 1575681

  • Price: $999,000
  • Est. Mortgage of $/month
  • 42 Days on Market
$
$
%
$/month over payments
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.
Active with Contract
245 Preble Street South Portland ME 04106245 Preble Street South Portland ME 04106245 Preble Street South Portland ME 04106245 Preble Street South Portland ME 04106245 Preble Street South Portland ME 04106245 Preble Street South Portland ME 04106245 Preble Street South Portland ME 04106245 Preble Street South Portland ME 04106245 Preble Street South Portland ME 04106245 Preble Street South Portland ME 04106245 Preble Street South Portland ME 04106245 Preble Street South Portland ME 04106245 Preble Street South Portland ME 04106245 Preble Street South Portland ME 04106245 Preble Street South Portland ME 04106245 Preble Street South Portland ME 04106245 Preble Street South Portland ME 04106245 Preble Street South Portland ME 04106245 Preble Street South Portland ME 04106245 Preble Street South Portland ME 04106245 Preble Street South Portland ME 04106245 Preble Street South Portland ME 04106245 Preble Street South Portland ME 04106245 Preble Street South Portland ME 04106245 Preble Street South Portland ME 04106245 Preble Street South Portland ME 04106245 Preble Street South Portland ME 04106245 Preble Street South Portland ME 04106245 Preble Street South Portland ME 04106245 Preble Street South Portland ME 04106245 Preble Street South Portland ME 04106245 Preble Street South Portland ME 04106245 Preble Street South Portland ME 04106245 Preble Street South Portland ME 04106245 Preble Street South Portland ME 04106245 Preble Street South Portland ME 04106245 Preble Street South Portland ME 04106245 Preble Street South Portland ME 04106245 Preble Street South Portland ME 04106245 Preble Street South Portland ME 04106245 Preble Street South Portland ME 04106245 Preble Street South Portland ME 04106245 Preble Street South Portland ME 04106245 Preble Street South Portland ME 04106245 Preble Street South Portland ME 04106245 Preble Street South Portland ME 04106245 Preble Street South Portland ME 04106245 Preble Street South Portland ME 04106245 Preble Street South Portland ME 04106245 Preble Street South Portland ME 04106245 Preble Street South Portland ME 04106245 Preble Street South Portland ME 04106245 Preble Street South Portland ME 04106245 Preble Street South Portland ME 04106245 Preble Street South Portland ME 04106245 Preble Street South Portland ME 04106245 Preble Street South Portland ME 04106245 Preble Street South Portland ME 04106245 Preble Street South Portland ME 04106245 Preble Street South Portland ME 04106
QR Code
  • 6Bathrooms
  • 0.33Acreage
  • 4,146Square Feet
Few locations rival Willard for desirability, walkability, bikeability and rentability and this rare 6 unit sits right in the middle. Located a short distance from everything that makes this location soooo livable, from shops and schools, playgrounds and park and of course Willard Beach, this quality multi is priced for immediate sale. The exterior is low maintenance with lots of updates, lots of parking, lots of decks and lots of light. Inside 5 of the 6 units are updated with separate utilities and 5 of 6 tenants paying all utilities (except water/waste water) Rents are well below market with plenty of room to significantly increase. As an alternative to long term rents this property and location are ideal for short term and income maximization. $70K of NOI and a 7 CAP make this a rare cash flow investment day one. ONLY showings (open to agents and buyers with no appointment needed) 10/26, 27, 30, 31 from 12-2. Offers due and reviewed 10/31 @ 3PM
Listed by Benchmark Real Estate

Driving Directions

AllMaineHomes
AllMaineHomes
104 Water Street
Hallowell, ME 04347

Ask A Question

Do not fill in this field:

More Info

Basic Information

  • Gross Income $92,856

Rooms

  • Bathroom6
  • Full Bath6

Location

  • Address245 Preble Street
  • Building Number245
  • CountyCumberland
  • DrivewayGravel
  • Latitude43.643588
  • Longitude-70.232068
  • StateME
  • StreetPreble Street
  • TownSouth Portland
  • Transportation Near Airport, Public Transport Access
  • Zip04106

Interior

  • Flooring Carpet, Laminate, Vinyl, Wood
  • Interior Features 1st Floor Bedroom, Bathtub, One-Floor Living, Other, Pantry, Shower, Storage

Amenities

  • Amenities
    • Bathtub
    • Laundry - Hookup
    • One-Floor Living
    • Other Amenities
    • Pantry
    • Shower
    • Storage
  • Mls StatusActive Under Contract
  • Other AmenitiesBasement, Beachfront, Fireplace

Other

  • Date Listed10/24/2023
  • Recreational Water Nearby
  • View Count3

Tax Information

  • Tax Book Number 12584
  • Tax Lot204
  • Tax Map Number 2
  • Tax Year 2022
  • Taxes$11,670

Building

  • Above Grade Finished Area 4,146
  • BasementWalk-Out Access, Full, Sump Pump, Unfinished
  • Building ConstructionWood Frame
  • FoundationStone, Concrete Perimeter, Brick/Mortar
  • Garage Spaces
  • Property StyleNew Englander
  • Units6
  • Units Numof 1 Bd Units 4
  • Units Numof 2 Bd Units 2
  • Year Built1850

Utilities

  • Electric Circuit Breakers
  • Gas Natural - On Site
  • Heating FuelElectric, Gas Natural
  • Laundry Features Washer Hookup
  • Sewer Public Sewer
  • Utilities Cable Available, Internet Access Available
  • Water HeaterGas
  • Water Source Public

Photos

  • Number of Photos60

Parking

  • Parking Features 5 - 10 Spaces, Gravel, On Site, Off Street

Basic Information

  • Agent ID008182
  • Broker ID3059
  • Broker NameBenchmark Real Estate
  • List Price$999,000
  • LocationTypeNear Country Club, Near Golf Course, Near Public Beach, Near Railroad, Near Shopping, Near Town, Near Turnpike/Interstate, Neighborhood, Suburban
  • MLS Number1575681
  • Modification Date11/06/2023
  • Property TypeResidential Income

Property

  • Lot Size SourcePublic Records
  • Road FrontagePaved, Public
  • View Trees/Woods

Exterior

  • Exterior Vinyl Siding
  • RoofShingle

Property Information

  • Acreage0.33
  • Lot Features
    • Landscaped
    • Level
    • Near Golf Course
    • Near Public Beach
    • Near Public Transit
    • Near Railroad
    • Near Shopping
    • Near Town
    • Near Turnpike/Interstate
    • Neighborhood
    • Open Lot
    • Sidewalks
    • Suburban
    • Wooded
  • Lot Size Square Feet 14,374
  • Lot Size Units Acres
  • Patio And Porch Features Deck
  • Site Level, Open, Sidewalks, Well Landscaped, Wooded
  • Square Feet4,146

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.

Do not fill in this field:

Do not fill in this field:

Do not fill in this field:

Do not fill in this field:

Do not fill in this field:

Do not fill in this field:

$

Do not fill in this field: