196 Frances Street

Portland, ME 04102

$749,900
Price
4
Beds
2
Baths
1,721 Sq. Ft.
$436 / Sq. Ft.
1,721
Sq. Ft.
$436
per Sq. Ft.

Description

Classic two-unit building located in the Deering Highlands offers period charm, convenient location and room for expansion. The first-floor unit is a 2 bed / 1 bath. The second-floor unit is currently being used as a 2 bed / 1 bath, but has the potential to be a 3 bed / 2 bath unit with bonus space by utilizing the finished third floor with a full bath. With hardwood floors throughout, open living/dining areas, built-in china cabinets, private porch & deck per unit as well as yard space and preserved...Classic two-unit building located in the Deering Highlands offers period charm, convenient location and room for expansion. The first-floor unit is a 2 bed / 1 bath. The second-floor unit is currently being used as a 2 bed / 1 bath, but has the potential to be a 3 bed / 2 bath unit with bonus space by utilizing the finished third floor with a full bath. With hardwood floors throughout, open living/dining areas, built-in china cabinets, private porch & deck per unit as well as yard space and preserved historic charm, this building is a must see. There is also a buildable lot that provides the opportunity for additional units on the property creating endless potential.
  1. Listed by Rachel Davey • Vitalius Real Estate Group, LLC

Property Details for 196 Frances Street

Waterfront
No
ArchitecturalStyle
Other Style
Garage Spaces
.00
Garage
Yes
Zoning
R3

Location

Listing Courtesy of Vitalius Real Estate Group, LLC
Add your commute
LISTING UPDATED: 05/31/2024 07:18 AM

Property Details for 196 Frances Street

StatusActive
MLS #1588419
Days on Market27
Taxes$6,068 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family
Year Built1919
Lot Size0.17 AC / 7,405 SF
CountyCumberland County

Location

Listing Courtesy of Vitalius Real Estate Group, LLC
Add your commute

Building Information for 196 Frances Street

Stories-Residences2Year Built1919Building Size-Lot Size0.17 AC / 7,405 SF

Payment Calculator

$4,598 per month

30 year fixed, 7.25% Interest

Principal and Interest

$4,093

Property Taxes

$506

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 196 Frances Street

Summary
Location and General Information
  • Zip Code: 2648
  • Directions: GPS Friendly.
  • Town: Portland
  • State/Province: ME
  • Zip Code: 04102
  • County: Cumberland
  • Geo Latitude: 43.664508
  • Geo Longitude: -70.289966
  • Tax Lot: 22
  • Site:Open: Yes
  • Location:Intown: Yes
  • Location:Near Town: Yes
  • Transportation:Public Transport Access: Yes
Parking
  • Parking Features: 5 - 10 Spaces, Paved
  • Attached Garage: No
Taxes and HOA Information
  • Tax Book Number: 14957
  • Tax Map Number: 120
  • Tax Year: 2023
  • Parcel Number: PTLD-000120-E000022-000001
  • Location Information:Association Y/N: No
  • Tax Annual Amount: $6,068.00
Property
Heating and Cooling
  • Water Heater:Electric: Yes
  • Water Heater:Gas: Yes
Lot Information
  • SqFt Finished Below Grade: 0.0
  • SqFt Finished Above Grade: 1721.0
  • Lot Size Acres: 0.17
  • Source of Acreage: Public Records
  • Building Area Total: 1721.0
  • Lot Size Area: 0.17
  • Lot Size Units: Acres
  • Lot Size Square Feet: 7405.2
  • Bathrooms Full: 2
  • Bathrooms Half: 0
  • Street Number: 196
  • Property Information:Surveyed: No
  • Property Information:Seasonal: No
  • Property Information:Total Half Baths: .00
  • Property Information:Color: Tan
Parking
  • Driveway:Paved: Yes
Property and Assessments
  • Documents Available: Deed Public Access, Property Disclosure Public Access, Lead Paint Addendum Public Access, Other Member Only
  • Leased Land: No
  • Property Type: Multi-Family
  • Property Type Label: Multi-Family
  • Year Built: 1919
Utilities
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities:Utilities On: Yes
  • Gas:Natural - On Site: Yes
Interior and Exterior Features
Exterior Features
  • Construction Materials: Aluminum Siding, Wood Frame
  • Vehicle Storage:No Vehicle Storage: Yes
  • Roof: Shingle
Interior Features
  • Basement: Walk-Out Access, Full, Interior Entry, Unfinished
  • Flooring: Wood, Tile
  • Cooling: None
  • Heating: Steam
  • 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: $23,400.00
  • Operating Expenses: $9,585.00
Multi-Family Information
  • Number of Units: 2
Unit 1
  • Unit 1:Lease: Yes
  • Unit 1:Level: First
  • Unit 1:Security Deposit: Yes
  • Unit 1:Monthly Rent: $1,100.00
  • 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: 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: No
  • Unit 1:Water: No
Unit 2
  • Unit 2:Lease: Yes
  • Unit 2:Level: Second
  • Unit 2:Security Deposit: Yes
  • Unit 2:Monthly Rent: $850.00
  • 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: 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: No
  • Unit 2:Water: No
Unit Information
  • Units:# of 1 BD Units: 0
  • Units:# of 2 BD Units: 2
  • Units:# of 3 BD Units: 0
  • Units:# of 4+ BD Units: 0

Property History for 196 Frances Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 196 Frances Street

Taxable ValueLand$94,800Additions$326,300Total$421,100
Tax Record2023$6,068 ($506 / month)
Home Facts
Baths3Total Finished SqFt1,721 SqFtAbove Grade Finished SqFt1,721 SqFtStories2Lot Size7,588 SqFtStyleDuplexYear Built1919CountyCUMBERLANDAPNPTLD M:120 B:E022001

Schools near 196 Frances Street

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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196 Frances Street is a multi-family home for sale in Portland, ME 04102. This property was listed for sale on April 26, 2024 by Vitalius Real Estate Group, LLC, it's currently listed at $749,900. This listing's school district is Portland Public Schools. Nearby schools include Ocean Avenue, King Middle School and Deering High School. 196 Frances Street is a 4-bed, 2-bath, 1,721 sqft multi-family home built in 1919.

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.