Listed by Maine Real Estate Experts
Bought with Porta & Company

$855,000

Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

38 Veranda ST Portland, ME 04103

5 Baths

13,180 SqFt

SOLD DATE : 05/31/2022

Key Details

Sold Price $855,000

Property Type Multi-Family

Listing Status Sold

Square Footage 13,180 sqft

MLS Listing ID 1522059

Sold Date 05/31/22

Style Multi-Level,New Englander

Full Baths 5

HOA Y/N No

Abv Grd Liv Area 6,590

Year Built 1900

Annual Tax Amount $8,482

Tax Year 2021

Lot Size 4,791 Sqft

Acres 0.11

Source Maine Listings

Land Area 13180

Property Description

MOTIVATED SELLERS! Very nice 5 unit in a desirable and convenient location with the possibility of an additional efficiency unit available. Well maintained, with strong rental history and cashflow. Property has been in the family for more than 50 years! Top floor is owner's unit which is completely updated. Efficiency unit over the garage area as well. Ample off-street parking. Short walk to dinner at Veranda Thai, Other Side Diner or the Other Side Market! Back Bay, Mackworth and Munjoy Hill are also a short bike ride away! Great opportunity for an investor or owner occupant. 4 units rented currently. Long term tenants. Bring your vision and get into the Portland rental market! Income and Expenses are estimates.

Location

State ME

County Cumberland

Zoning R5

Rooms

Basement Walk-Out Access, Full, Interior Entry, Exterior Only, Unfinished

Interior

Heating Hot Water, Forced Air, Baseboard

Cooling None

Flooring Wood, Vinyl, Tile, Carpet

Exterior

Parking Features 1 - 4 Spaces, Gravel, Common, Other, Garage Door Opener, Inside Entrance, On Street

Garage Spaces 2.0

Utilities Available 1

View Y/N No

Roof Type Composition,Shingle

Street Surface Paved

Garage Yes

Building

Lot Description Corner Lot, Level, Open Lot, Sidewalks, Intown, Near Shopping, Near Turnpike/Interstate, Near Town, Neighborhood, Office Park, Near Public Transit

Foundation Concrete Perimeter

Sewer Public Sewer

Water Public

Architectural Style Multi-Level, New Englander

Structure Type Vinyl Siding,Wood Frame