Portland, ME 04102 1 Horton Place
$525,000
28 more
Presented By: Real Broker;
Baths • 2
SQFT • 1,460
Home Details
Welcome to an easily managed duplex in Downtown Portland. This property features two 2-bedroom townhouse-style units with one bathroom each with apt 1 featuring finished basement. Both units have recently undergone extensive renovations such as, new roof (2024), gas heaters, flooring, kitchens, bathrooms, repaint and electrical upgrades and much more. The property is an excellent choice for owner-occupants looking to significantly offset their mortgage expenses with rental income from the other unit living in thriving downtown. Property generates 46K NOI projecting great return on investment in solid Westend location.
Presented By: Real Broker;
Interior Features for 1 Horton Place
Bathrooms
Half Baths0
Total Baths2
Other Interior Features
Above Grade Finished Area1300.0
Air Conditioning Y/NNo
BasementPartial, Doghouse, Bulkhead, Unfinished
Basement (Y/N)No
Below Grade Finished Area160.0
FlooringVinyl
Furnished Y/NFurnished
Heating Y/NYes
Interior AmenitiesShower
Laundry FeaturesWasher Hookup
Total Stories2
General for 1 Horton Place
Additional Parcels Y/NNo
Architectural StyleOther
Attached Garage No
Carport Y/NNo
CityPortland
Construction MaterialsVinyl Siding, Wood Frame
CoolingNone
CountyCumberland
ElectricCircuit Breakers
Electric On Property Y/NNo
Full Baths2
Garage Spaces0.0
Garage Y/NNo
Gross Income55560.0
HOANo
HeatingDirect Vent Heater
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Lot Size Square Feet871.2
Lot Size UnitsAcres
MobileHomeRemainsYNNo
New ConstructionNo
Number Of Units Total2
Occupancy TypeOwner
Operating Expense9145.0
Property TypeMulti-Family
Property_sp_Information_co_Owner_sp_OccupiedYes
Rent Control Y/NNo
RoofShingle
Senior Community Y/NNo
SewerPublic Sewer
Standard StatusActive
StatusActive
Structure TypeDuplex, Townhouse
Tax Annual Amount5635.0
Tax LotE-019-001
Tax Year2024
UtilitiesUtilities On
Virtual TourClick here
Waterfront Y/NNo
Year Built1900
ZoningR6
Exterior for 1 Horton Place
Building Area Total1460.0
Crops Included Y/NNo
Foundation DetailsBrick/Mortar
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesSidewalks, Intown, Near Shopping, Near Town, Neighborhood, Near Public Transit
Lot Size Acres0.02
Lot Size Area0.02
Lot Size SourcePublic Records
Open Parking Y/NNo
Parking FeaturesNo Driveway, Off Site, On Street
SpaYes
Water SourcePublic
Additional Details
Price History
Morgan Camplin
Loan Officer