204 High Street

South Portland, ME 04106

$1,499,000
Price
7
Beds
4
Baths
3,233 Sq. Ft.
$464 / Sq. Ft.
3,233
Sq. Ft.
$464
per Sq. Ft.

Description

Calling all Investors & Owner-Occupants! This meticulously maintained 4-unit property in the heart of South Portland's Ferry Village is a dream come true. Extensively updated units boast modern finishes, while classic charm shines through. Wake up to breathtaking Portland Harbor vistas and be steps away from the sands of Davidson's Beach. Imagine: Effortless Leasing: Tastefully renovated units are sure to attract long-term tenants. Stellar Income: This multi-unit delivers outstanding rental income,...Calling all Investors & Owner-Occupants! This meticulously maintained 4-unit property in the heart of South Portland's Ferry Village is a dream come true. Extensively updated units boast modern finishes, while classic charm shines through. Wake up to breathtaking Portland Harbor vistas and be steps away from the sands of Davidson's Beach. Imagine: Effortless Leasing: Tastefully renovated units are sure to attract long-term tenants. Stellar Income: This multi-unit delivers outstanding rental income, perfect for investors! Location, Location, Location: Ferry Village puts you in the center of it all. Stroll to Willard Beach, Bug Light, trendy eateries like Scratch Bakery and Elsmere BBQ, and the scenic Green Belt Trail. Southern Maine Community College is also just minutes away. Convenience is Key: Separate utilities and ample off-street parking provide ease of living for both residents and owner. The oversized lot offers additional possibilities. Don't miss this opportunity to own a piece of coastal Maine paradise! Contact us today to schedule a showing.
  1. Listed by Shawn Losier • Freeman Group-Residential Real Estate Brokerage

Property Details for 204 High Street

Waterfront
No
Waterfront Features
Bay, Harbor, Ocean
ArchitecturalStyle
New Englander
Garage
No
Zoning
RES

Location

Listing Courtesy of Freeman Group-Residential Real Estate Brokerage
Add your commute
LISTING UPDATED: 05/24/2024 04:14 PM

Property Details for 204 High Street

StatusActive
MLS #1588821
Days on Market23
Taxes$7,873 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family
Year Built1910
Lot Size0.19 AC / 8,276 SF
CountyCumberland County

Location

Listing Courtesy of Freeman Group-Residential Real Estate Brokerage
Add your commute

Building Information for 204 High Street

Stories-Residences4Year Built1910Building Size-Lot Size0.19 AC / 8,276 SF

Payment Calculator

$8,837 per month

30 year fixed, 7.25% Interest

Principal and Interest

$8,181

Property Taxes

$656

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 204 High Street

Summary
Location and General Information
  • Water Body Name: Casco Bay
  • Zip Code: 2040
  • Directions: Follow US 1 to Broadway. Take a slight right onto Broadway. Turn left onto Mussey St. Turn right onto High Street. The destination is on your right.
  • Town: South Portland
  • State/Province: ME
  • Zip Code: 04106
  • County: Cumberland
  • Geo Latitude: 43.646006
  • Geo Longitude: -70.24433
  • Tax Lot: 46
  • Site:Level: Yes
  • Site:Open: Yes
  • Site:Sidewalks: 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
  • Recreational Water:Nearby: Yes
  • Recreational Water:Public: Yes
Parking
  • Parking Features: 5 - 10 Spaces, Gravel
  • Attached Garage: No
Taxes and HOA Information
  • Tax Book Number: 36853
  • Tax Block: 046
  • Tax Map Number: 008
  • Tax Year: 2023
  • Parcel Number: SPOR-000008-000000-000046
  • Location Information:Association Y/N: No
  • Tax Annual Amount: $7,873.00
Virtual Tour
Property
Heating and Cooling
  • Water Heater:Gas: Yes
Lot Information
  • SqFt Finished Below Grade: 0.0
  • SqFt Finished Above Grade: 3233.0
  • Lot Size Acres: 0.19
  • Source of Acreage: Public Records
  • Building Area Total: 3233.0
  • Lot Size Area: 0.19
  • Lot Size Units: Acres
  • Lot Size Square Feet: 8276.4
  • Bathrooms Full: 4
  • Bathrooms Half: 0
  • Street Number: 204
  • Property Information:Surveyed: No
  • Property Information:Seasonal: No
  • Property Information:Owner Occupied: No
  • Property Information:Deed/Conveyance Type Offered: Warranty
  • Property Information:Deed: All
  • Property Information:Deed Restrictions: Unknown
  • Property Information:Total Half Baths: .00
  • Property Information:Color: Red
Parking
  • Driveway:Gravel: Yes
Property and Assessments
  • Sign on Property: Yes
  • Leased Land: No
  • Property Type: Multi-Family
  • Property Type Label: Multi-Family
  • Year Built: 1910
Utilities
  • Electric: Circuit Breakers
  • Sewer: Yes
  • Water Source: Public
  • Utilities:Utilities On: Yes
  • Gas:Natural - At Street: Yes
Interior and Exterior Features
Exterior Features
  • Construction Materials: Vinyl Siding, Aluminum Siding, Wood Frame
  • Vehicle Storage:No Vehicle Storage: Yes
  • Roof: Shingle
Interior Features
  • Basement: Bulkhead, Brick/Mortar, Walk-Out Access, Exterior Entry, Interior Entry, Unfinished
  • Flooring: Wood, Vinyl, Carpet
  • Cooling: None
  • Heating: Steam, Radiator, Multi-Zones, Direct Vent Heater, Baseboard
  • Foundation Details: Concrete Perimeter, Brick/Mortar
  • Bathrooms Total (Integer): 4
  • Bathrooms Total (Decimal): 4.00
  • Bathrooms Total (Notational): 4.00
  • Cooling YN: No
  • Heating YN: Yes
Multi Family
Income & Expenses Information
  • Gross Income: $99,000.00
  • Operating Expenses: $24,488.45
Multi-Family Information
  • Number of Units: 4
Unit 1
  • Unit 1:Lease: Yes
  • Unit 1:Level: First
  • Unit 1:Security Deposit: Yes
  • Unit 1:Monthly Rent: $2,500.00
  • Unit 1:# Full Baths: 1.00
  • Unit 1:# of Half Baths: .00
  • Unit 1:# of Rooms: 6.00
  • Unit 1:# of Bedrooms: 3.00
  • 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: $1,700.00
  • Unit 2:# Full Baths: 1.00
  • Unit 2:# Half Baths: .00
  • Unit 2:# of Rooms: 3.00
  • Unit 2:# of Bedrooms: 1.00
  • 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 3
  • Unit 3:Lease: Yes
  • Unit 3:Level: Second
  • Unit 3:Security Deposit: Yes
  • Unit 3:Monthly Rent: $1,850.00
  • Unit 3:# Full Baths: 1.00
  • Unit 3:# Half Baths: .00
  • Unit 3:# of Rooms: 3.00
  • Unit 3:# of Bedrooms: 1.00
  • Unit 3:Dedicated Electric Meter: Yes
  • Unit 3:Dedicated Gas Meter: Yes
  • Unit 3:Dedicated Water Heater: Yes
  • 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 4
  • Unit 4:Lease: Yes
  • Unit 4:Level: Third
  • Unit 4:Security Deposit: Yes
  • Unit 4:Monthly Rent: $2,200.00
  • Unit 4:# Full Baths: 1.00
  • Unit 4:# Half Baths: .00
  • Unit 4:# of Rooms: 5.00
  • Unit 4:# of Bedrooms: 2.00
  • Unit 4:Dedicated Electric Meter: Yes
  • Unit 4:Dedicated Gas Meter: Yes
  • Unit 4:Dedicated Water Heater: Yes
  • Unit 4:Electric: No
  • Unit 4:Heat: Yes
  • Unit 4:Range: Yes
  • Unit 4:Refrigerator: Yes
  • Unit 4:Water: Yes
Unit Information
  • Units:# of 1 BD Units: 2
  • Units:# of 2 BD Units: 1
  • Units:# of 3 BD Units: 1
  • Units:# of 4+ BD Units: 0

Property History for 204 High 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 204 High Street

Taxable ValueLand$171,900Additions$384,900Total$556,800
Tax Record2023$7,873 ($656 / month)
Home Facts
Baths4Total Finished SqFt3,233 SqFtAbove Grade Finished SqFt3,233 SqFtUnfinished Basement SqFt1,268 SqFtStories2Lot Size8,276 SqFtStyleMulti-Family Res (5+ Units)Year Built1910ZoningZCountyCUMBERLANDAPNSPOR M:008 L:046

Schools near 204 High Street

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 - 2 to 10
Rating
School
Distance
Dora L Small Elementary School
PublicK to 5

Daniel F. Mahoney Middle School
Public6 to 8

South Portland High School
Public9 to 12

Spurwink School--S Portland
Private2 to 10

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.

Similar Homes

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204 High Street is a multi-family home for sale in South Portland, ME 04106. This property was listed for sale on May 6, 2024 by Freeman Group-Residential Real Estate Brokerage, it's currently listed at $1,499,000. It has been on the market for a total of 23 days and was last sold on June 25, 2020. This listing's school district is South Portland Public Schools. Nearby schools include Dora L Small Elementary School, Daniel F. Mahoney Middle School and South Portland High School. 204 High Street is a 7-bed, 4-bath, 3,233 sqft multi-family home built in 1910.

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. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Freeman Group-Residential Real Estate Brokerage

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.