Portland, ME 04101 243 & 245 High Street

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Presented By: Town & Shore Real Estate;
  • MLS# 1618279
  • 04/07/2025
  • Request Tour
  • Request Info
  • SQFT • 6,393

Home Details

16 room lodging house in downtown Portland. Property features long term tenants; two kitchens and five bathrooms, updated electrical panel, rear decks, and driveways on both sides of building. Huge upside potential with ability to increase rents to subsidized tenants. Also listed Commercial MLS #1618280.
Presented By: Town & Shore Real Estate;

Interior Features for 243 & 245 High Street

Bathrooms

Half Baths0
Total Baths

Other Interior Features

Above Grade Finished Area5843.0
Air Conditioning Y/NNo
BasementInterior, Finished, Full, Unfinished
Basement (Y/N)No
Below Grade Finished Area550.0
Fireplace Y/NNo
FlooringWood, Vinyl, Concrete, Carpet
Heating Y/NYes
Interior Amenities1st Floor Bedroom
Laundry FeaturesLaundry - 1st Floor, Main Level, Laundry - Coin
Total Fireplaces
Total Stories3

General for 243 & 245 High Street

Additional Parcels Y/NNo
Architectural StyleRooming House
Attached Garage No
Carport Y/NNo
CityPortland
Construction MaterialsVinyl Siding, Wood Frame
CoolingNone
CountyCumberland
ElectricCircuit Breakers
Electric On Property Y/NNo
Full Baths
Garage Y/NNo
Gross Income190278.0
HOANo
HeatingHot Water
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Lot Size Square Feet5227.2
Lot Size UnitsAcres
MobileHomeRemainsYNNo
New ConstructionNo
Number Of Units Total16
Operating Expense90669.0
Patio/Porch FeaturesDeck, Patio
Pets AllowedNo Restrictions
Property TypeMulti-Family
Rent Control Y/NNo
RoofShingle
Security FeaturesSprinkler, Fire System
Senior Community Y/NNo
SewerPublic Sewer
Standard StatusActive
StatusActive
Stories2
Tax Annual Amount14996.0
Tax Lot5, 6
Tax Year2025
UtilitiesUtilities On
Virtual TourClick here
Waterfront Y/NNo
Year Built1900
ZoningRN-4

Exterior for 243 & 245 High Street

Building Area Total6393.0
Crops Included Y/NNo
Foundation DetailsStone, Brick/Mortar
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesSidewalks, Near Town
Lot Size Acres0.12
Lot Size Area0.12
Lot Size SourcePublic Records
Open Parking Y/NNo
Parking Features1 - 4 Spaces, Paved, Off Street
Road Surface TypePaved
SpaNo
Water SourcePublic

Additional Details

Price History

Jon Mercier

Designated Broker/ Realtor®
Price $1,295,000
MLS#1618279
List Date 04/07/2025
Property Type Multi-Family
Phone 207.577.2365
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Request Info
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