Active under contract
40 Leland Street
Portland ME, 04103
$1,050,000
Active under contract
5 Baths
4,670 sqft
Multi-family
Built in 1900
Courtesy of Coldwell Banker Realty
Located on a large corner lot in the sought-after Deering Center area of Portland, this well-maintained 4-family property offers a unique opportunity for investors or homeowners seeking rental income potential. Within walking distance of Longfellow Elementary, Lincoln Middle School, and Deering High School, this property is perfectly positioned for convenience and community access.
Property Highlights:
* Large Corner Lot with ample outdoor space, offering privacy or additional landscaping.
* Separate Utilities: Each unit has its own electric meter, oil supply, heating system, and hot water heater, providing tenants with individual control over their utilities.
* Washer & Dryer Hookups for all units in the basement, making laundry a breeze for all residents.
Unit Details:
* Carriage House Unit: This charming, private unit features its own separate entrance and includes 3 bedrooms, 1.5 baths, and a cozy wood-burning fireplace, perfect for comfortable living.
* First Floor Unit: Versatile and adaptable, this unit can function as either a 2-bedroom or 3-bedroom, providing options to suit your needs.
* Second & Third Floor Units: Each unit offers 2 bedrooms, 1 bath, with spacious layouts and abundant natural light.
This property offers the best of both worlds with the potential for multi-family living or rental income, all within a vibrant Portland neighborhood. With its proximity to schools, parks, and local amenities, it's a fantastic investment in a prime location. Don't miss this opportunity to own a piece of Deering Center's growing community!
Note: One unit is owner occupied with 2 additional units occupied by owner's family hence the rent numbers.
1610574
MLSⓇ ID
December 3, 2024
Listed
December 13, 2024
Updated
Map
40 Leland Street
Portland ME, 04103
Interior Features
Total Stories
3
Total Bathrooms
5
Full Bathrooms
4
Half Bathrooms
1
Floor Description
Wood, Other
Fireplace
Yes
Cooling
No
Cooling Description
None
Heating
Yes
Heating Description
Steam, Radiator, Hot Water, Baseboard
Exterior/Building Features
Lot Size
0.28 Acres
Lot Features
Corner Lot, Neighborhood
Architectual Style
Victorian
Roof
Shingle
Sewer
Public Sewer
Other Property Details
Taxes
$12,215
Tax Frequency
Annually
Garage
No
Parking
5 - 10 Spaces, Paved, Common, Off Street
View
No
County
Cumberland
Water Source
Public
Pool
No
Zoning
R5
Listing History
Date | Event | Price |
---|---|---|
12/13/2024 | Under contract | — |
Listing Contact: 207-773-1990
Courtesy of Coldwell Banker 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 8:30 PM UTC, 12/13/2024