1 North StreetPortland, ME 04101MLS Number 1597248

  • Price: $2,450,000
  • Est. Mortgage of $/month
  • 83 Days on Market
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Federal 30-year interest rate: 6.12% last updated on Oct 3, 2024
* 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.
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1 North Street Portland ME 041011 North Street Portland ME 041011 North Street Portland ME 041011 North Street Portland ME 041011 North Street Portland ME 041011 North Street Portland ME 041011 North Street Portland ME 041011 North Street Portland ME 041011 North Street Portland ME 041011 North Street Portland ME 041011 North Street Portland ME 041011 North Street Portland ME 041011 North Street Portland ME 041011 North Street Portland ME 041011 North Street Portland ME 041011 North Street Portland ME 041011 North Street Portland ME 041011 North Street Portland ME 041011 North Street Portland ME 041011 North Street Portland ME 041011 North Street Portland ME 041011 North Street Portland ME 041011 North Street Portland ME 041011 North Street Portland ME 041011 North Street Portland ME 041011 North Street Portland ME 041011 North Street Portland ME 041011 North Street Portland ME 041011 North Street Portland ME 041011 North Street Portland ME 041011 North Street Portland ME 041011 North Street Portland ME 041011 North Street Portland ME 041011 North Street Portland ME 041011 North Street Portland ME 041011 North Street Portland ME 041011 North Street Portland ME 041011 North Street Portland ME 041011 North Street Portland ME 041011 North Street Portland ME 041011 North Street Portland ME 041011 North Street Portland ME 041011 North Street Portland ME 041011 North Street Portland ME 041011 North Street Portland ME 041011 North Street Portland ME 041011 North Street Portland ME 041011 North Street Portland ME 041011 North Street Portland ME 041011 North Street Portland ME 041011 North Street Portland ME 041011 North Street Portland ME 041011 North Street Portland ME 041011 North Street Portland ME 041011 North Street Portland ME 041011 North Street Portland ME 041011 North Street Portland ME 041011 North Street Portland ME 041011 North Street Portland ME 041011 North Street Portland ME 041011 North Street Portland ME 041011 North Street Portland ME 041011 North Street Portland ME 041011 North Street Portland ME 041011 North Street Portland ME 041011 North Street Portland ME 041011 North Street Portland ME 041011 North Street Portland ME 041011 North Street Portland ME 041011 North Street Portland ME 041011 North Street Portland ME 041011 North Street Portland ME 041011 North Street Portland ME 041011 North Street Portland ME 041011 North Street Portland ME 041011 North Street Portland ME 041011 North Street Portland ME 041011 North Street Portland ME 041011 North Street Portland ME 041011 North Street Portland ME 041011 North Street Portland ME 041011 North Street Portland ME 041011 North Street Portland ME 041011 North Street Portland ME 041011 North Street Portland ME 041011 North Street Portland ME 041011 North Street Portland ME 041011 North Street Portland ME 041011 North Street Portland ME 041011 North Street Portland ME 041011 North Street Portland ME 041011 North Street Portland ME 041011 North Street Portland ME 04101
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  • 0.07Acreage
  • 6Bathrooms
  • 1904Year Built
  • 4,136Square Feet

Driving Directions

Outstanding is an understatement when describing this remarkable mixed use multi-unit offering. Located at the center of Portland's vibrant, eclectic and uber desirable Munjoy Hill/ East End, locations don't get better than this. Walk Score calls this a 'walker's paradise' with everything you want and need within blocks. Located in a B1 zone, the property is home to a mix of residential and commercial uses. The corner commercial unit is home to Belleville (BLVL), an acclaimed and thriving bakery and coffee shop. The 5 remaining units are condo-ready-quality and fully updated 1 bedroom, 1 bath residential apartments. Each unit is bathed in natural light and each looks out onto local landmarks (neighboring homes and the Portland Observatory), the city skyline and even toward the setting sun over Back Cove. Units enjoy separate utilities, super-efficient heat and hot water and each rent is at-market. Over the past decade the current owners have gone unit by unit to update everything from the foundation to the roof to create something outstanding. Just outside the door you are instantly in the heart of the East End and a short walk to inner Washington Ave, the Old Port, in-town, Portland Foreside, East End beach, Eastern Promenade and more. With NOI of $140K and a 5.6 CAP Rate this is not only a worry-free addition to the portfolio, it is highly profitable. Shown by appointment Monday through Friday between 10AM and 5PM with 24+ hours notice.
Listed by Benchmark Real Estate

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More Info

Basic Information

  • Gross Income $183,947

Rooms

  • Bathroom6
  • Full Bath6

Location

  • Address1 North Street
  • Building Number1
  • CountyCumberland
  • DrivewayPaved
  • Latitude43.665889
  • Longitude-70.248199
  • StateME
  • StreetNorth Street
  • SubdivisionMunjoy Hill
  • TownPortland
  • Transportation Major Road Access, Near Airport, Public Transport Access, Rail Available
  • Zip04101

Exterior

  • Exterior Aluminum Siding
  • RoofPitched, Shingle

Utilities

  • Building Info Num Water Heaters 6
  • Electric Circuit Breakers
  • Gas Natural - On Site
  • Heat SystemDirect Vent Heater
  • Heating FuelGas Natural
  • Heating YN Yes
  • Laundry Features Washer Hookup
  • Sewer Public Sewer
  • Utilities Utilities On
  • Water HeaterGas, Tank
  • Water Source Public

Tax Information

  • Tax Book Number 33282
  • Tax Lot7
  • Tax Map Number 14
  • Tax Year 2024
  • Taxes$16,144

Building

  • Above Grade Finished Area 4,136
  • BasementBulkhead, Full, Exterior Entry, Interior Entry, Unfinished
  • Building ConstructionAluminum Siding, Wood Frame
  • Building Info Num Floors 3
  • Building Info Num Heating Units 7
  • Building Info Num Stories 3
  • FoundationGranite, Pillar/Post/Pier, Concrete Perimeter, Brick/Mortar
  • Property StyleMansard
  • Stories3
  • Units6
  • Units Numof 1 Bd Units 6
  • Year Built1904

Amenities

  • Amenities
    • 1st Floor Bedroom
    • Bathtub
    • Laundry - Hookup
    • One-Floor Living
    • Other Amenities
    • Storage
  • Cooling A/C Units
  • Mls StatusActive
  • Other AmenitiesBasement, Beachfront, Fireplace

Photos

  • Number of Photos93

Other

  • Date Listed07/17/2024
  • Recreational Water Nearby, Public
  • View Count6

Parking

  • Parking Features 1 - 4 Spaces, Paved, On Site, Off Street

Basic Information

  • Agent ID008182
  • Broker ID3059
  • Broker NameBenchmark Real Estate
  • List Price$2,450,000
  • LocationTypeBusiness District, Intown, Near Country Club, Near Golf Course, Near Public Beach, Near Railroad, Near Shopping, Near Town, Near Turnpike/Interstate, Neighborhood, Rural
  • MLS Number1597248
  • Modification Date09/18/2024
  • Property TypeResidential Income

Property

  • Lot Size SourcePublic Records
  • Road FrontagePaved, Public

Interior

  • Flooring Wood, Vinyl, Tile, Carpet
  • Interior Features 1st Floor Bedroom, Bathtub, One-Floor Living, Other, Storage

Property Information

  • Acreage0.07
  • Lot Features
    • Corner Lot
    • Intown
    • Landscaped
    • Level
    • Near Golf Course
    • Near Public Beach
    • Near Public Transit
    • Near Railroad
    • Near Shopping
    • Near Town
    • Near Turnpike/Interstate
    • Neighborhood
    • Open Lot
    • Rural
    • Sidewalks
  • Lot Size Square Feet 3,049
  • Lot Size Units Acres
  • Patio And Porch Features Deck
  • Site Corner Lot, Level, Open, Sidewalks, Well Landscaped
  • Square Feet4,136
CENTURY 21 Atlantic
CENTURY 21 Atlantic
Office: 207-363-4053
433 US Route One
Suite 101
York, ME 03909

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CENTURY 21 Atlantic participates in ©2024 Maine Listings Internet Data Exchange 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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