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$453,000
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Property Description
Great Owner-Occupied Opportunity with substantial upside for future income and increased profitability.**Seller Subsidized Mortgage Rate - up to $25K for a rate buydown for the first 2 years or closing costs for qualified buyers.** The multi-unit property consists of three 1 Bedroom 1 Bath units. Just minutes to local hospitals, parks and recreation, Seadogs and great restaurants. Super opportunity to homestead in fabulous Portland. Very well maintained property with abundant parking to the rear plus on-site laundry. Updates include newer siding and windows and more recently new natural gas-fired FHW boiler, roof shingles, electrical panels, basement spray foam, additional drainage with sump pump. Three units: 1st floor offers a studio-style unit with hardwoods and an additional unit with hardwood floors and open plan Living Room, Kitchen + Bedroom. Spacious second-floor larger unit with gorgeous wide pine boards with Living Room, Galley Kitchen and, bedroom. Hardwoods + full basement w/communal laundry facilities. Two private rear decks. Don't miss - broker accompanies showings. Notice required. Tenants in all properties.
Full Property Details
Full Property Details for 368 Park Ave
General
- Sold For: $453,000
- Taxes: $4,934 (23)
- Status: Closed
- Type: Multi-Family
- Source: MREIS
- MLS ID: 1594071
- Added to Site: 616 day(s) ago
Interior
- Interior Features: 1st Floor Bedroom, One-Floor Living, Shower, Storage
- Flooring: Wood, Tile, Laminate, Carpet
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Other Rooms
- Laundry: Washer Hookup
Exterior
- Porch/Patio/Deck: Deck
Parking
- Parking Features: 1 - 4 Spaces, Paved, On-Site Parking
Location
- County: Cumberland
Community
- Pets Allowed: Yes
Heating & Cooling
- Cooling Type: None, Air Conditioning Units
- Heating Type: Multi-Zone, Hot Water, Direct Vent Furnace, Baseboard
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Utilities On
Structural Information
- Architectural Style: Cape, Other Style
- Construction: Vinyl Siding, Wood Frame
- Roof: Shingle
- Stories/Levels: 2
- Building Size: 1149
- Square Feet: 1,149
- Living Area: 1,149 Sq. Ft.
- Finished Total: 1,149 Sq. Ft.
- Finished Above Grnd: 1,149 Sq. Ft.
- Year Built: 1910
Lot Features
- Lot Size (Acres): 0.13
- Lot Size (Sq. Ft.): 5,662.8
- Lot Size Source: Public Records
- Zoning: R6-Residential
- Lot Description: Level, Open Lot, Sidewalks, Landscaped, Intown, Near Public Beach, Near Shopping, Near Turnpike/Interstate, Neighborhood, Near Public Transit, Near Railroad
Financial Considerations
- Tax Amount: $4,934
- Tax Year: 23
Disclosures and Reports
- Block: C
- Lot Number: 4
Listed by Keller Williams Realty (207) 879-9800
Sold by Portside Real Estate Group (207) 747-4236
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Schools
Schools serving 368 Park Ave
School District:Portland
| Name | Grades | Distance |
|---|---|---|
Ocean Avenue 150 Ocean Avenue, Portland, ME 04103 | K-5 | 1.5 mi |
King Middle School 92 Deering Avenue, Portland, ME 04102 | 6-8 | 0.4 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 368 Park Ave
Date
Details
Price
Change
Source
9/17/2024
Sold
$453,000
-1.31%
MLS
7/03/2024
Price Reduced
$459,000
-8.02%
MLS
6/20/2024
Listed
$499,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
368 Park Avenue, Portland, ME 04102 (MLS# 1594071) is a Multi-Family property that was sold at $453,000 on September 17, 2024. Want to learn more about 368 Park Avenue? Do you have questions about finding other Multi-Family real estate for sale in Portland? You can browse all Portland real estate or contact a Coldwell Banker agent to request more information.

