178 Cottage Road
178 Cottage Road
South Portland, ME 04106
$699,000
Price
6
Beds
3
Baths
2,918 Sq. Ft.
$240 / Sq. Ft.
2,918
Sq. Ft.
$240
per Sq. Ft.
Pending
Pending
Description
Across from the famous Red's Dairy Freeze sits a charming red 3-unit multi-family. Each unit has 2 bedrooms and 1 bath, there is parking for each unit, plus a new heating system and new roof. The sunny third floor unit is currently vacant so that a buyer can move right in or lease it out as they please. The first and second floor offer spacious, double parlor layouts, and decks off the front. Just across the bridge from Portland, this location is just a few minutes from a variety of beaches, breweries,...Across from the famous Red's Dairy Freeze sits a charming red 3-unit multi-family. Each unit has 2 bedrooms and 1 bath, there is parking for each unit, plus a new heating system and new roof. The sunny third floor unit is currently vacant so that a buyer can move right in or lease it out as they please. The first and second floor offer spacious, double parlor layouts, and decks off the front. Just across the bridge from Portland, this location is just a few minutes from a variety of beaches, breweries, and bakeries! If you're having a hard time finding a house in your budget, start with a multi-family! Did you know there is a new 5% down loan available to first time multi-family buyers? Ask your local lender for more info.
- Listed by Briton Vitalius • Vitalius Real Estate Group, LLC
- Listed by Christopher Sullivan • Vitalius Real Estate Group, LLC
Property Details for 178 Cottage Road
Waterfront
No
ArchitecturalStyleMulti-Level
GarageNo
ZoningResidential District
Location
Listing Courtesy of Vitalius Real Estate Group, LLC
Add your commute
LISTING UPDATED: 05/16/2024 02:47 PM
Property Details for 178 Cottage Road
| Status | Pending |
|---|---|
| MLS # | 1588750 |
| Days on Market | 8 |
| Taxes | $7,858 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Multi-Family |
| Year Built | 1905 |
| Lot Size | 0.11 AC / 4,791 SF |
| County | Cumberland County |
Location
Listing Courtesy of Vitalius Real Estate Group, LLC
Add your commute
Building Information for 178 Cottage Road
Stories-Residences3Year Built1905Building Size-Lot Size0.11 AC / 4,791 SF
Payment Calculator
$4,470 per month
30 year fixed, 7.25% Interest
Principal and Interest
$3,815
Property Taxes
$655
HOA Dues
$0
The Payment Calculator is for illustrative purposes only.
Property Information for 178 Cottage Road
Summary
Location and General Information
- Road Surface Type: Paved
- Zip Code: 3737
- Town: South Portland
- State/Province: ME
- Zip Code: 04106
- County: Cumberland
- Geo Latitude: 43.635178
- Geo Longitude: -70.246
- Tax Lot: 100
- Site:Level: Yes
- Site:Open: Yes
- Site:Sidewalks: Yes
- Location:Intown: Yes
- Location:Near Public Beach: Yes
- Location:Near Shopping: Yes
- Location:Near Town: Yes
- Location:Near Turnpike/Interstate: Yes
Parking
- Parking Features: 1 - 4 Spaces, Paved
- Attached Garage: No
Taxes and HOA Information
- Tax Book Number: 36647
- Tax Map Number: 014
- Tax Year: 2024
- Parcel Number: SPOR-000014-000000-000100
- Location Information:Association Y/N: No
- Tax Annual Amount: $7,858.00
Property
Heating and Cooling
- Water Heater:Off Heating System: Yes
Lot Information
- SqFt Finished Below Grade: 0.0
- SqFt Finished Above Grade: 2918.0
- Lot Size Acres: 0.11
- Source of Acreage: Public Records
- Building Area Total: 2918.0
- Lot Size Area: 0.11
- Lot Size Units: Acres
- Lot Size Square Feet: 4791.6
- Bathrooms Full: 3
- Bathrooms Half: 0
- Street Number: 178
- Property Information:Surveyed: No
- Property Information:Seasonal: No
- Property Information:Total Half Baths: .00
Parking
- Driveway:Paved: Yes
Property and Assessments
- Sign on Property: Yes
- Documents Available: Deed Public Access, Lead Paint Addendum Public Access, Property Disclosure Public Access
- Leased Land: No
- Property Type: Multi-Family
- Property Type Label: Multi-Family
- Year Built: 1905
Utilities
- Electric: Circuit Breakers
- Sewer: Public Sewer
- Water Source: Public
- Utilities:Utilities On: No
- Gas:Natural - At Street: Yes
Interior and Exterior Features
Exterior Features
- Construction Materials: Shingle Siding, Wood Frame
- Vehicle Storage:No Vehicle Storage: Yes
- Roof: Shingle
Interior Features
- Basement: Full, Doghouse, Interior Entry, Unfinished
- Flooring: Wood, Tile
- Cooling: None
- Heating: Radiator, Hot Water
- Laundry Features: Washer Hookup
- Bathrooms Total (Integer): 3
- Bathrooms Total (Decimal): 3.00
- Bathrooms Total (Notational): 3.00
- Cooling YN: No
- Heating YN: Yes
Multi Family
Income & Expenses Information
- Gross Income: $40,800.00
- Operating Expenses: $19,475.00
Multi-Family Information
- Number of Units: 3
Unit 1
- Unit 1:Lease: No
- Unit 1:Level: First
- Unit 1:Security Deposit: Yes
- Unit 1:Monthly Rent: $1,800.00
- Unit 1:# Full Baths: 1.00
- Unit 1:# of Half Baths: .00
- Unit 1:# of Rooms: 5.00
- Unit 1:# of Bedrooms: 2.00
- Unit 1:Dedicated Electric Meter: Yes
- Unit 1:Dedicated Gas Meter: No
- Unit 1:Dedicated Water Heater: No
- Unit 1:Electric: No
- Unit 1:Heat: Yes
- Unit 1:Range: Yes
- Unit 1:Refrigerator: Yes
- Unit 1:Sewer: Yes
- Unit 1:Water: Yes
Unit 2
- Unit 2:Lease: No
- Unit 2:Level: Second
- Unit 2:Security Deposit: Yes
- Unit 2:Monthly Rent: $1,600.00
- Unit 2:# Full Baths: 1.00
- Unit 2:# Half Baths: .00
- Unit 2:# of Rooms: 5.00
- Unit 2:# of Bedrooms: 2.00
- Unit 2:Dedicated Electric Meter: Yes
- Unit 2:Dedicated Gas Meter: No
- Unit 2:Dedicated Water Heater: No
- Unit 2:Electric: No
- Unit 2:Heat: Yes
- Unit 2:Range: Yes
- Unit 2:Refrigerator: Yes
- Unit 2:Sewer: Yes
- Unit 2:Water: Yes
Unit 3
- Unit 3:Lease: No
- Unit 3:Level: Third
- Unit 3:Security Deposit: No
- Unit 3:Monthly Rent: $.00
- Unit 3:# Full Baths: 1.00
- Unit 3:# Half Baths: .00
- Unit 3:# of Rooms: 4.00
- Unit 3:# of Bedrooms: 2.00
- Unit 3:Dedicated Electric Meter: Yes
- Unit 3:Dedicated Gas Meter: No
- Unit 3:Dedicated Water Heater: No
- Unit 3:Electric: No
- Unit 3:Heat: Yes
- Unit 3:Range: Yes
- Unit 3:Refrigerator: Yes
- Unit 3:Sewer: Yes
- Unit 3:Water: Yes
Unit Information
- Units:# of 1 BD Units: 0
- Units:# of 2 BD Units: 3
- Units:# of 3 BD Units: 0
- Units:# of 4+ BD Units: 0
Property History for 178 Cottage Road
| 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.
Public Records for 178 Cottage Road
Taxable ValueLand$172,900Additions$382,800Total$555,700
Tax Record2023$7,858 ($655 / month)
Home Facts
Baths3Total Finished SqFt2,918 SqFtAbove Grade Finished SqFt2,918 SqFtUnfinished Basement SqFt1,196 SqFtStories2Lot Size4,792 SqFtStyleTriplexYear Built1905ZoningMHCountyCUMBERLANDAPNSPOR M:014 L:100
Schools near 178 Cottage Road
This home is within South Portland Public Schools.
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | K to 5 | |||
| Public - | 6 to 8 | |||
| Public - | 9 to 12 | |||
| Private - | PK to 8 |
Rating | School | Distance |
|---|---|---|
Frank I Brown Elementary School PublicK to 5 | ||
Daniel F. Mahoney Middle School Public6 to 8 | ||
South Portland High School Public9 to 12 | ||
Holy Cross School PrivatePK to 8 |
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 Vitalius Real Estate Group, LLC
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.
