Closed

264 State Street

Portland ME, 04101

$1,400,000


Closed

13 Baths

5,225 sqft

Multi-family

Built in 1900

Courtesy of Keller Williams Realty

The ''Charles Tobie House'' represents a rare opportunity to purchase one of Portland's most stately and admired multi-units. This 13-Unit proudly sits on the corner of State and Sherman Street and is ideally located in the Parkside neighborhood of Portland. Located between USM and Maine Medical Center, the ability to command top rents is assured! This property features a large off-street parking lot, coin-op laundry, separate/metered utilities, and a city monitored fire alarm system with fire suppression. There is a large value-add opportunity for the next owner and plenty of charming details still intact. 2 of the 13 Units have been left vacant allowing an opportunity for the next owner to renovate or simply lease at a higher rate. This property is now offered BELOW appraised value - one of very few (if any) properties in Portland offering equity at closing! This is an opportunity not to be missed. For a video walk-thru go to YouTube and enter the property address.

1544862

MLS ID

March 16, 2024

Updated

Map

264 State Street
Portland ME, 04101

Interior Features

Total Stories

3


Bathrooms

13 Baths


Laundry Description

Laundry - Coin


Floor Description

Wood, Vinyl, Tile, Laminate


Fireplace

No


Cooling

No


Cooling Description

None


Heating

Yes


Heating Description

Direct Vent Heater

Exterior/Building Features

Lot Size

0.11 Acres


Lot Features

Corner Lot, Sidewalks, Historic District, Intown, Near Public Beach, Near Shopping, Near Turnpike/Interstate, Near Town


Architectual Style

Victorian


Roof

Slate


Sewer

Public Sewer

Other Property Details

Taxes

$17,043


Tax Frequency

Annually


Garage

No


Parking

5 - 10 Spaces, Paved, Off Street


View

No


County

Cumberland


Water Source

Public


Pool

No


Zoning

R6


Buyer Agency Compensation

2%

Listing History

Date

Event

Price

10/13/2023

Sold

$1,400,000

Listing Contact: (207) 232-8877

Bought with Porta & Company and Listed by Keller Williams Realty

Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. © 2024 Maine Real Estate Information System, Inc. All Rights Reserved. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor La Count Real Estate shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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Data last updated 2:28 AM UTC, 3/16/2024

 

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