Beds
2,918 Sq. Ft.
$250 / Sq. Ft.
2,918
Sq. Ft.
$250
per Sq. Ft.

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.
  1. Listed by Briton Vitalius • Vitalius Real Estate Group, LLC
    P: (207)-541-3755 C: (207)-318-2555 brit@vitalius.com
  2. Listed by Christopher Sullivan • Vitalius Real Estate Group, LLC
    P: (207)-541-3755 C: (207)-730-0884 chris@vitalius.com

Property Details for 178 Cottage Road

Architectural Style
Other
Style
Other
Has Waterfront
No
Zoning
Residential District
LISTING CLOSED: 06/14/2024 12:00 AM

Property Details for 178 Cottage Road

StatusClosed
MLS #1588750
Days on Market8
Taxes$7,858 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeMulti-Family
Year Built1905
Lot Size0.11 AC / 4,791 SF
CountyCumberland County

Location

Listing Courtesy of Vitalius Real Estate Group, LLC

Sold By Signature Homes 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

$4,365 per month

30 year fixed, 6.55% Interest

Principal and Interest

$3,711

Property Taxes

$655

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 178 Cottage Road

Summary
Location and General Information
  • Water View: No
  • Location: Intown, Near Public Beach, Near Shopping, Near Turnpike/Interstate, Near Town
  • Page: 341
  • Zoning Overlay: No
  • Latitude: 43.635178
  • Longitude: -$70.25
Taxes and HOA
  • Association: No
  • Parcel Number: SPOR-000014-000000-000100
  • Tax Lot: 100
  • Tax Book Number: 36647
  • Tax Map Number: 014
  • Tax Year: 2024
  • Tax Annual Amount: $7,858.00
Parking
  • Parking Features: 1 - 4 Spaces, Paved
  • Parking: 1 - 4 Spaces
  • Vehicle Storage: No Vehicle Storage
  • Has Attached Garage: No
  • Has Garage: No
Property
Lot Information
  • Lot Features: Open, Level, Sidewalks, Intown, Near Public Beach, Near Shopping, Near Turnpike/Interstate, Near Town
  • Lot Size Acres: 0.11
  • Lot Size Area: 0.11
  • Lot Size Source: Public Records
  • Lot Size Square Feet: 4791.6
  • Lot Size Units: Acres
  • Roads: Paved, Public
  • Road Surface Type: Paved
  • SqFt Source: Public Records
  • Site: Level, Open, Sidewalks
Property and Assessments
  • Above Grade Finished Area: 2918.0
  • Building Area Total: 2918.0
  • Property Type: Multi-Family
  • Surveyed: No
  • Construction: Wood Frame
  • Year Built: 1905
Building Features
  • Levels: Multi-Level
  • Levels: Multi-Level
  • Construction Materials: Shingle Siding, Wood Frame
Financial Information
  • List Price/SqFt: $239.55
Utilities
  • Heat Fuel: Gas Natural
  • Electric: Circuit Breakers
  • Gas: Natural - At Street
  • Sewer: Public Sewer
  • Water Source: Public
  • Water Heater: Off Heating System
  • Utilities On: No
Interior and Exterior Features
Exterior Features
  • Exterior: Shingle Siding
  • Roof: Shingle
  • Driveway: Paved
Interior Features
  • Amenities: Laundry - Hookup
  • Bathrooms Full: 3
  • Bathrooms Total Decimal: 3.0
  • Bathrooms Total Integer: 3
  • Laundry Features: Washer Hookup
  • Basement: Interior, Full, Doghouse, Unfinished
  • Basement: Full, Unfinished
  • Has Cooling: No
  • Heating: Radiator, Hot Water
  • Has Heating: Yes
  • Flooring: Wood, Tile
Room Information
Laundry
  • Laundry Room Amenities: Washer Hookup
Multi Family
Multi Family Information
  • # of 2 BD Units: 3
  • Number Of Units Total: 3
Income & Expenses
  • Gross Income: $40,800.00
  • Operating Expense: $19,475.00
Rental
Rent Information
  • Land Lease: No

Property History for 178 Cottage Road

DateEvent & SourcePriceAppreciation
Jun 14, 2024

Sold (Public Record)

Public Record #1534457558

$730,000
Jun 14, 2024

Sold

Maine Listings #1588750

$730,000
May 16, 2024

Pending

Maine Listings #1588750

DateEvent & SourcePrice
06/14/2024

Sold (Public Record)

Public Record #1534457558

$730,000
06/14/2024

Sold

Maine Listings #1588750

$730,000
05/16/2024

Pending

Maine Listings #1588750

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

Public Records for 178 Cottage Road

Taxable ValueLand$266,900Additions$453,100Total$720,000
Tax Record2025$9,828 ($819 / month)
Home Facts
Baths3Total Finished SqFt2,918 SqFtAbove Grade Finished SqFt2,918 SqFtUnfinished Basement SqFt1,196 SqFtStories2Lot Size4,792 SqFtStyleTriplexYear Built1905Year Renovated1905ZoningMHCountyCUMBERLANDAPNSPOR 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 4
Public - 5 to 8
Public - 9 to 12
Public - 5 to 8
Rating
School
Distance
Frank I Brown Elementary School
PublicK to 4

South Portland Middle School
Public5 to 8

South Portland High School
Public9 to 12

Daniel F. Mahoney Middle School
Public5 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 any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. 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. © 2026 Maine Real Estate Information System, Inc. All Rights Reserved.