Portland, ME 04102 247 Valley Street
$950,000
27 more
Presented By: Down To Earth Real Estate;
Home Details
Investors take notice! This 4 unit multi-family property is income producing and ready to be your next asset. With a strong rental history and a desirable location, this property is an ideal investment. Located near everything that Portlands Old Port has to offer with close proximity to Maine Medical Center and I-295 / I-95 for an easy commute. The spacious 3700 sqft of living space consists of two 3 bedroom units, a 2 bedroom unit, and a studio. New hot water tank and most electrical and plumbing updated in 2022. Don't miss your opportunity to purchase a cash flowing asset in Maine's historical waterfront city of Portland! The property is currently fully occupied. The interior photos have been edited for brightness and to remove tenants belongings. Please inquire to receive unedited interior photos. Thank you for your interest!
Presented By: Down To Earth Real Estate;
Interior Features for 247 Valley Street
Bathrooms
Half Baths0
Total Baths4
Other Interior Features
Above Grade Finished Area3705.0
Air Conditioning Y/NNo
BasementWalk-Out Access, Full, Exterior Only
Basement (Y/N)No
Below Grade Finished Area0.0
FlooringVinyl
Heating Y/NYes
General for 247 Valley Street
Additional Parcels Y/NNo
Architectural StyleMulti-Level
Attached Garage No
Carport Y/NNo
CityPortland
Construction MaterialsVinyl Siding, Wood Frame
CoolingNone
CountyCumberland
ElectricCircuit Breakers
Electric On Property Y/NNo
Full Baths4
Garage Y/NNo
Gross Income101064.0
HOANo
HeatingSteam, Radiator, Radiant
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Lot Size Square Feet2613.6
Lot Size UnitsAcres
MobileHomeRemainsYNNo
New ConstructionNo
NumberOfUnitsTotal4
Operating Expense18704.03
Property TypeMulti-Family
Rent Control Y/NNo
RoofShingle
Senior Community Y/NNo
SewerPublic Sewer
Standard StatusActive
StatusActive
Tax Annual Amount9017.0
Tax Lot3
Tax Year2024
UtilitiesUtilities On
Waterfront Y/NNo
Year Built1900
ZoningR6
Exterior for 247 Valley Street
Building Area Total3705.0
Crops Included Y/NNo
Foundation DetailsConcrete Perimeter, Brick/Mortar
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesSidewalks, Intown, Near Shopping, Near Turnpike/Interstate, Neighborhood, Near Public Transit, Near Railroad
Lot Size Acres0.06
Lot Size Area0.06
Lot Size SourcePublic Records
Open Parking Y/NNo
Parking FeaturesNo Driveway, Off Street
Road Surface TypePaved
SpaNo
Water SourcePublic
Additional Details
Price History
Morgan Camplin
Loan Officer