493-497 Cumberland AVEPortland, ME 04101MLS Number 1331365

  • Price: $1,699,000
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Federal 30-year interest rate: 3.94% last updated on Dec 21, 2017
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

    FO Bailey is pleased to offer this rare opportunity to purchase a well maintained, fully-occupied, 18-unit, multi-family two building package w/ parking. 493 Cumberland Ave 6 Unit: Four-1 bedroom, Two-2 bedroom, great candidate for condo conversion. 497 Cumberland Ave 12 Unit: Ten -1 bedroom, Two-2 bedroom. Parking for six vehicles. Property is on a single deed but each building is taxed separately by the city. Excellent Investment Property. Please sign & return the Confidentiality Agreement for financials.

    Listed by F.O. Bailey Real Estate

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    The Maine Real Estate Network Auburn
    Office: 207.784.2525
    34 Center Street
    Auburn, ME 04210

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    More Info

    Location Information

    • Building Number493
    • StreetCumberland AVE

    Building

    • BasementBulkhead, Full
    • Stories3
    • StyleFederal
    • Total Units18
    • Year Built1910
    • FoundationBlock, Brick, Fieldstone
    • Listing TypeGeneral Commercial
    • Building ConstructionWood Frame
    • RoofShingle, Tar & Gravel

    Amenities

    • AmenitiesDeck, Fire System, Laundry-Coin, Storage

    Basic Information

    • List Price$1,699,000
    • MLS Number1331365
    • Address493-497 Cumberland AVE
    • Broker NameF.O. Bailey Real Estate
    • Modification Date11/27/2017
    • StatusPEN
    • Agent ID008328
    • Broker ID2872
    • SeasonalNo

    Property

    • Acreage0.22
    • Sq Ft Finished Total18048
    • Vehicle StorageNo Vehicle Storage
    • Water ViewNo

    Water Body

    • WaterfrontNo

    Auction

    • KickoutNo

    Photos

    • Number of Photos16
    • Last Img Trans Date11/02/2017

    Location

    • StateME
    • TownPortland
    • Zip04101
    • LocationIntown, Near Shopping, Near Turnpike/Interstate
    • CountyCumberland
    • DrivewayCommon, Paved
    • Road Frontage DescriptionPaved, Public
    • SiteLevel, Open
    • TransportationMajor Road Access, Near Airport, Public Transport Access

    Exterior

    • ExteriorVinyl Siding

    Utilities

    • Heat SystemSteam
    • Heating FuelGas-Natural, Oil
    • Waste Water DisposalPublic
    • WaterPublic
    • Water HeaterGas, Off Heating System

    Other

    • Parking Spaces5-10 Spaces, Paved
    • View Count4

    Portland, ME Real Estate Market Data

    There is no data available

    Portland, ME Demographics

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    Portland, ME Schools

    School NameDistanceTypeGrades

    Listing data is derived in whole or in part from the Maine IDX & is for consumers' personal, non commercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. ©2018 Maine Real Estate Information System, Inc. All Rights Reserved. equal opportunity housing logo   Privacy Policy

    The Maine Real Estate Network Meservier and Associates participates in MREIS' Maine Internet Data Exchange (Maine IDX) program, allowing us to display other Maine IDX Participants' listings. This website does not display complete listings. Certain listings of other real estate brokerage firms have been excluded. Mortgage figures are estimates. Check with your bank or proposed mortgage company for actual interest rates. This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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