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361 Cumberland AVE
Portland ME, 04102
$2,395,000
MLS#1269142
Unique opportunity to purchase 5 adjacent properties comprising 28 apartment units. Sale includes 361 Cumberland (7 units), 363 Cumberland (5 units), 367 Cumberland (4 units), 8 Alder Street (10 units), and 10 Alder (2 units). Exceptional cash flow, off street parking, convenient location in the heart of Downtown Portland. Refer to MLS 1269153 Multi Unit Listing.

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$2,395,000 – 361 Cumberland Ave, Portland, ME 04102

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Sponsored by: Northway Bank – Making Homeownership a Reality

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Courtesy of , Town & Shore Associates LLC.

Listing

  • MLS number: 1269142
  • Status: Active

Location

  • Town: Portland
  • State: Maine
  • Zip code: 04102
  • County: Cumberland
  • Intown
  • Near Shopping

Property Access

  • Paved
  • Paved
  • Public
  • Major Road Access
  • Public Transport Access

House

  • Built in 1910
  • 19,737 total finished square feet
  • Multi-Level
  • Wood Frame

Exterior Features

  • Color: Beige, Gray
  • Clapboard
  • Vinyl Siding

Roof

  • Shingle

Foundation

  • Brick
  • Concrete Slab
  • Fieldstone
  • Poured Concrete

Basement

  • Daylight
  • Finished
  • Full
  • Unfinished

Floors

  • Wood

Heating

  • Gas-Bottled
  • Oil
  • Forced
  • Hot Water
  • Space Heater
  • Steam

Cooling

  • No Cooling

Water

  • Off Heating System
  • Public

Utilities

  • Circuit Breakers
  • Fuses
  • Bottled
  • Public

Fireplaces

  • Fireplace: No

Parking

  • 11-20 Spaces
  • On Site
  • Paved

Property

  • Property type: Commercial
  • Zoning: B-3, B2b
  • Sidewalks
  • Nearby
  • Oceanfront
  • Public

Taxes

  • Tax year: 15-16
  • Full tax amount: $34,929

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