193 Congress Street, Portland, ME 04101

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STATUSActive PROPERTY TYPEMulti Unit - Multiple

Property Description

- Rare opportunity to purchase an attractive brick 12-unit building on Munjoy Hill- Exempt from City of Portland Rental Control Ordinance- Multi-Family building comprised of 12 units totaling 8,073+/- SF- Efficient layout, all units with one-bedroom and two means of entrance/egress on 3-stories- Exceptional opportunity to reposition subsidized units to ''market'' at a cost-basis far below replacement cost.- Professionally managed building protected by code-compliant, centrally monitored alarm system- Munjoy Hill location walkable to Eastern Promenade, Old Port, Downtown Business District District and Portland Foreside.- Sale Price: $2,700,000

193 Congress Street | MLS# 1528353

This multi-family property located at 193 Congress Street, Portland, ME 04101 is currently listed for sale with an asking price of $2,500,000. Search Portland real estate on www.spragueandcurtis.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Brick/Mortar, Finished, Full, Unfinished
Fuel Type: Oil
Heating: Radiator
Lot Size: 0.09 Acres
Roof Type: Membrane
Stories: 3.0
Taxes: $16,238
Year Built: 1900

Feature Descriptions

Amenities: Fire System, Laundry - Coin
Construction: Masonry
Driveway: No Driveway
Electric: Circuit Breakers
Exterior: Brick
Flooring: Wood
Location: Intown
Lot: Level, Sidewalks
Parking: No Parking
Recreational Water: Nearby
Roads: Public
Sewer: Public Sewer
SQ FT Above Grade: 8073.00
SQ FT Below Grade: 2691.00
Total 1 Bedroom Units: 12
Transportation: Public Transport Access
Units: 12
Vehicle Storage: No Vehicle Storage
Water: Public

Listed By / Shown By

Listed By

Agency Name: Porta & Company

Shown By

Agency Title: Sprague and Curtis Real Estate
Agency Phone:

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Estimated Payment

$ 12,575.64 per month $10,493.31 Principal & Interest $1,353.17 Property Tax $729.17 Homeowner's Insurance

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(Payments are an estimate and may vary by lender)

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