176-178 Massachusetts Avenue
176-178 Massachusetts Avenue
Portland, ME 04102
$695,000
Price
4
Beds
2
Baths
1,690 Sq. Ft.
$411 / Sq. Ft.
1,690
Sq. Ft.
$411
per Sq. Ft.
Description
Huge Opportunity for an owner occupy with a short term rental. Current owners lived in 1 unit while using the other unit as a short term rental with impressive returns! You could do the same to help offset the mortgage - numbers available upon request. Welcome to this exceptional two-family property nestled in a coveted neighborhood, offering an ideal opportunity for both owner occupants and investors alike. With abundant natural light, timeless period charm, and numerous updates, this residence...Huge Opportunity for an owner occupy with a short term rental. Current owners lived in 1 unit while using the other unit as a short term rental with impressive returns! You could do the same to help offset the mortgage - numbers available upon request. Welcome to this exceptional two-family property nestled in a coveted neighborhood, offering an ideal opportunity for both owner occupants and investors alike. With abundant natural light, timeless period charm, and numerous updates, this residence is sure to captivate discerning buyers. The first floor features a cozy 1-bedroom unit, ideal for comfortable living or rental income. Meanwhile, the upper two floors boast a generous townhouse-style owner's unit, featuring 2-3 bedrooms, an updated bathroom, and kitchen, along with a delightful sun porch perfect for relaxation or entertaining guests. Adding to the allure, the property boasts a charming backyard with a patio, providing a serene space for outdoor enjoyment and privacy. Additionally, the garage offers valuable storage space, perfect for stowing away belongings or for potential conversion. Conveniently located, this property offers easy access to everything Portland has to offer, including shops, restaurants, parks, and more. Whether you're seeking a place to call home or as an investment opportunity, this two-family residence offers the perfect blend of comfort, convenience, and potential.
- Listed by Jonathan Howard • Maineland Real Estate • 207-650-3101
Property Details for 176-178 Massachusetts Avenue
Waterfront
No
ArchitecturalStyleNew Englander
Garage Spaces2.00
GarageYes
ZoningR5
Subdivision NameRosemont
Location
Listing Courtesy of Maineland Real Estate
Add your commute
LISTING UPDATED: 05/30/2024 05:59 PM
Property Details for 176-178 Massachusetts Avenue
| Status | Active |
|---|---|
| MLS # | 1589034 |
| Days on Market | 22 |
| Taxes | $6,634 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Multi-Family |
| Year Built | 1921 |
| Lot Size | 0.11 AC / 4,791 SF |
| County | Cumberland County |
Location
Listing Courtesy of Maineland Real Estate
Add your commute
Building Information for 176-178 Massachusetts Avenue
Stories3Residences2Year Built1921Building Size-Lot Size0.11 AC / 4,791 SF
Payment Calculator
$4,346 per month
30 year fixed, 7.25% Interest
Principal and Interest
$3,793
Property Taxes
$553
HOA Dues
$0
The Payment Calculator is for illustrative purposes only.
Property Information for 176-178 Massachusetts Avenue
Summary
Location and General Information
- Road Surface Type: Paved
- Zip Code: 2518
- Town: Portland
- State/Province: ME
- Zip Code: 04102
- County: Cumberland
- Geo Latitude: 43.6629
- Geo Longitude: -70.287339
- Tax Lot: F-12
- Site:Level: Yes
- Site:Open: Yes
- Site:Sidewalks: Yes
- Location:Intown: Yes
- Location:Near Country Club: Yes
- Location:Near Golf Course: Yes
- Location:Near Public Beach: Yes
- Location:Near Railroad: Yes
- Location:Near Shopping: Yes
- Location:Near Town: Yes
- Location:Near Turnpike/Interstate: Yes
- Location:Neighborhood: Yes
- Transportation:Major Road Access: Yes
- Transportation:Near Airport: Yes
- Transportation:Public Transport Access: Yes
- Transportation:Rail Available: Yes
- Recreational Water:Nearby: Yes
Parking
- Parking Features: 1 - 4 Spaces, Paved, Common, Detached, Off Street, Storage
- Attached Garage: No
Taxes and HOA Information
- Tax Book Number: 33953
- Tax Block: A
- Tax Map Number: 186
- Tax Year: 2024
- Parcel Number: PTLD-000186A-F000012-000001
- Location Information:Association Y/N: No
- Tax Annual Amount: $6,634.00
Virtual Tour
- Virtual Tour URLUnbranded: https://www.propertypanorama.com/instaview/mreis/1589034
Property
Heating and Cooling
- Water Heater:Gas: Yes
- Water Heater:Tank: Yes
Lot Information
- SqFt Finished Below Grade: 0.0
- SqFt Finished Above Grade: 1690.0
- Lot Size Acres: 0.11
- Source of Acreage: Public Records
- Building Area Total: 1690.0
- Lot Size Area: 0.11
- Lot Size Units: Acres
- Lot Size Square Feet: 4791.6
- Bathrooms Full: 2
- Bathrooms Half: 0
- Street Number: 176178
- Property Information:Surveyed: Unknown
- Property Information:Seasonal: No
- Property Information:Owner Occupied: No
- Property Information:Deed/Conveyance Type Offered: Warranty
- Property Information:Total Half Baths: .00
- Property Information:Color: Gray
Parking
- Driveway:Common: Yes
- Driveway:Paved: Yes
Property and Assessments
- Documents Available: Property Disclosure Public Access
- Leased Land: No
- Property Type: Multi-Family
- Property Type Label: Multi-Family
- Year Built: 1921
Utilities
- Electric: Circuit Breakers
- Sewer: Public Sewer
- Water Source: Public
- Utilities:Utilities On: No
- Gas:Natural - On Site: Yes
Interior and Exterior Features
Exterior Features
- Construction Materials: Vinyl Siding, Wood Frame
- # Fireplaces: 0
- Fireplace: No
- Vehicle Storage:2 Car: Yes
- Vehicle Storage:Detached: Yes
- Roof: Shingle
- Vehicle Storage:Storage Above: Yes
- Other Structures: Outbuilding, Shed(s)
- Patio and Porch Features:Porch: Yes
- Patio and Porch Features:Porch-Screened: Yes
Interior Features
- Basement: Full, Interior Entry, Unfinished
- Flooring: Wood, Tile, Laminate, Carpet
- Interior Features: 1st Floor Bedroom, Bathtub, One-Floor Living, Other, Pantry, Storage
- Cooling: None
- Heating: Steam, Hot Water, Direct Vent Heater
- Laundry Features: Washer Hookup
- # Stories: 3
- # Floors: 3
- Bathrooms Total (Integer): 2
- Bathrooms Total (Decimal): 2.00
- Bathrooms Total (Notational): 2.00
- Cooling YN: No
- Heating YN: Yes
Multi Family
Income & Expenses Information
- Gross Income: $44,400.00
- Operating Expenses: $.00
Multi-Family Information
- Number of Units: 2
- Building Info:# Fireplaces: 0
- Building Info:# Stories: 3
- Building Info:# Floors: 3
- Building Info:# Heating Units: 2
- Building Info:# Water Heaters: 2
Unit 1
- Unit 1:Lease: Yes
- Unit 1:Level: First
- Unit 1:Security Deposit: Yes
- Unit 1:Monthly Rent: $1,400.00
- Unit 1:# Full Baths: 1.00
- Unit 1:# of Half Baths: .00
- Unit 1:# of Rooms: 4.00
- Unit 1:# of Bedrooms: 1.00
- Unit 1:Dedicated Electric Meter: Yes
- Unit 1:Dedicated Gas Meter: Yes
- Unit 1:Dedicated Water Heater: Yes
- Unit 1:Electric: No
- Unit 1:Heat: No
- Unit 1:Range: Yes
- Unit 1:Refrigerator: Yes
- Unit 1:Sewer: Yes
- Unit 1:Water: Yes
Unit 2
- Unit 2:Lease: Yes
- Unit 2:Level: Second
- Unit 2:Security Deposit: Yes
- Unit 2:Monthly Rent: $2,300.00
- Unit 2:# Full Baths: 1.00
- Unit 2:# Half Baths: .00
- Unit 2:# of Rooms: 5.00
- Unit 2:# of Bedrooms: 3.00
- Unit 2:Dedicated Electric Meter: Yes
- Unit 2:Dedicated Gas Meter: Yes
- Unit 2:Dedicated Water Heater: Yes
- Unit 2:Electric: No
- Unit 2:Heat: No
- Unit 2:Range: Yes
- Unit 2:Refrigerator: Yes
- Unit 2:Sewer: Yes
- Unit 2:Water: Yes
Unit Information
- Units:# of 1 BD Units: 1
- Units:# of 2 BD Units: 0
- Units:# of 3 BD Units: 1
- Units:# of 4+ BD Units: 0
Property History for 176-178 Massachusetts Avenue
| Date | Event & Source | Price | Appreciation |
|---|
| Date | Event & Source | Price |
|---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Schools near 176-178 Massachusetts Avenue
This home is within Portland Public Schools.
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | K to 5 | |||
| Public - | 6 to 8 | |||
| Public - | 9 to 12 | |||
| Public - | 9 to 12 |
Rating | School | Distance |
|---|---|---|
Ocean Avenue PublicK to 5 | ||
King Middle School Public6 to 8 | ||
Deering High School Public9 to 12 | ||
Portland High School Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.
Listing Courtesy of Maineland Real Estate
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. © 2022 Maine Real Estate Information System, Inc. All Rights Reserved.
