Closed
571 Cumberland Avenue
Portland ME, 04101
$1,420,000
Closed
12 Baths
8,126 sqft
Multi-family
Built in 1884
Courtesy of Legacy Properties Sotheby's International Realty
12 unit investment opportunity in desirable downtown Portland location! 571 Cumberland Avenue is a professionally managed 12 unit building with four units per level in 11 studio and 1 one bedroom layouts. Units have high ceilings, large windows, steam radiators, and a mix of hardwood flooring and carpet. Built in 1884, this building maintains historic charm with updated features including a central fire alarm system, basement storage, coin-op laundry, upgraded electrical with separate meters, replacement windows, and 3-4 off-street parking spaces. Conveniently located near Maine Medical Center, the Historic West End neighborhood, Tandem Coffee and Bakery, Bramhall, and Hadlock Field.
1530655
MLSⓇ ID
March 16, 2024
Updated
Map
571 Cumberland Avenue
Portland ME, 04101
Interior Features
Bathrooms
12 Baths
Interior Features
Storage
Laundry Description
Laundry - Coin
Floor Description
Wood, Carpet
Fireplace
No
Cooling
No
Cooling Description
None
Heating
Yes
Heating Description
Steam, Radiator
Exterior/Building Features
Lot Size
0.9 Acres
Lot Features
Corner Lot, Level, Sidewalks, Intown
Architectual Style
Multi-Level
Roof
Shingle
Sewer
Public Sewer
Other Property Details
Taxes
$17,008
Tax Frequency
Annually
Garage
No
Parking
1 - 4 Spaces, Gravel, On Site
View
No
County
Cumberland
Water Source
Public
Pool
No
Zoning
R6
Buyer Agency Compensation
2.5%
Listing History
Date | Event | Price |
---|---|---|
10/13/2023 | Sold | $1,420,000 |
Listing Contact: 207-450-1529
Bought with Keller Williams Realty and Listed by Legacy Properties Sotheby's International Realty
Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. © 2024 Maine Real Estate Information System, Inc. All Rights Reserved. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor Linda MacDonald shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
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Data last updated 2:23 AM UTC, 3/16/2024