5 Salem Street

Portland, ME 04102

$2,200,000
Price
3
Beds
3
Baths
1
1/2 Bath
2,720 Sq. Ft.
$809 / Sq. Ft.
2,720
Sq. Ft.
$809
per Sq. Ft.

Description

Fabulous, extraordinary new construction in the West End neighborhood of Portland! Two units, including a ground-level studio apartment with its own entrance, custom kitchen, patio and systems. Primary unit on the 2nd and 3rd stories, featuring 2 bedrooms with full bathrooms, gorgeous stainless-steel custom kitchen, family room, office, sunroom, four balconies, enclosed private yard. The design incorporates abundant natural light with the use of ample windows, skylights and a two-story light shaft....Fabulous, extraordinary new construction in the West End neighborhood of Portland! Two units, including a ground-level studio apartment with its own entrance, custom kitchen, patio and systems. Primary unit on the 2nd and 3rd stories, featuring 2 bedrooms with full bathrooms, gorgeous stainless-steel custom kitchen, family room, office, sunroom, four balconies, enclosed private yard. The design incorporates abundant natural light with the use of ample windows, skylights and a two-story light shaft. Garage parking for two cars, tandem-style. Architect-designed, state-of-the-art construction, high-end materials, systems and finishes. Beautiful landscaping, underground utilities. Enjoy peeks of Casco Bay from this terrific location! Walk to restaurants, coffee shops, parks, museums and the waterfront. An extraordinary property! Also see single family listing, MLS #1585936
  1. Listed by Lynn Hallett • Town & Shore Real Estate

Property Details for 5 Salem Street

Waterfront
No
Waterfront Features
Harbor, Ocean
ArchitecturalStyle
Multi-Level, Saltbox
Garage Spaces
2.00
Garage
Yes
Zoning
R6
View
Scenic

Location

Listing Courtesy of Town & Shore Real Estate
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LISTING UPDATED: 04/18/2024 04:22 PM

Property Details for 5 Salem Street

StatusActive
MLS #1585937
Days on Market23
Taxes$8,424 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family
Year Built2023
Lot Size0.06 AC / 2,613 SF
CountyCumberland County

Location

Listing Courtesy of Town & Shore Real Estate
Add your commute

Virtual Tour

Building Information for 5 Salem Street

Stories3Residences2Year Built2023Building Size-Lot Size0.06 AC / 2,613 SF

Payment Calculator

$12,708 per month

30 year fixed, 7.25% Interest

Principal and Interest

$12,006

Property Taxes

$702

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 5 Salem Street

Summary
Location and General Information
  • Water Body Name: Casco Bay
  • Zip Code: 3913
  • Directions: Portland's West End. Danforth Street to Brackett Street, towards the Harbor. First right on Salem, to second house on right.
  • Town: Portland
  • State/Province: ME
  • Zip Code: 04102
  • County: Cumberland
  • Geo Latitude: 43.648328
  • Geo Longitude: -70.262706
  • Tax Lot: 19
  • Site:Sidewalks: Yes
  • Site:Well Landscaped: Yes
  • Location:Intown: Yes
  • Location:Near Shopping: Yes
  • Location:Near Town: Yes
  • Location:Neighborhood: Yes
  • Transportation:Near Airport: Yes
  • Property Condition:To Be Built: Yes
  • Recreational Water:Nearby: Yes
Parking
  • Parking Features: 1 - 4 Spaces, Other, Inside Entrance, Heated Garage, Tandem
  • Attached Garage: No
Taxes and HOA Information
  • Tax Book Number: 35363
  • Tax Map Number: 168
  • Tax Year: 2023
  • Parcel Number: PTLD-000057-K000019-000001
  • Location Information:Association Y/N: No
  • Tax Annual Amount: $8,424.00
  • Restrictions:No Restrictions: Yes
School Information
  • School District: Portland Public Schools
Property
Green Features
  • Green Certification:Other/See Internal Remarks: Yes
  • Green Features:Air Exchanger: Yes
  • Energy Efficiency:Double Pane Windows: Yes
  • Energy Efficiency:High Efficiency Water Heater: Yes
  • Energy Efficiency:LED Light Fixtures: Yes
Heating and Cooling
  • Water Heater:Electric: Yes
Lot Information
  • SqFt Finished Below Grade: 0.0
  • SqFt Finished Above Grade: 2720.0
  • Lot Size Acres: 0.06
  • Source of Acreage: Public Records
  • Building Area Total: 2720.0
  • Lot Size Area: 0.06
  • Lot Size Units: Acres
  • Lot Size Square Feet: 2613.6
  • Bathrooms Full: 3
  • Bathrooms Half: 1
  • Street Number: 5
  • Property Information:Surveyed: Yes
  • Property Information:Seasonal: No
  • Property Information:Owner Occupied: No
  • Property Information:Short Sale Continue to Show: No
  • Property Information:Deed/Conveyance Type Offered: Warranty
  • Property Information:Deed: All
  • Property Information:Deed Restrictions: Unknown
  • Property Information:Bank Owned REO: No
  • Property Information:2 Detached Houses on 1 Lot: No
  • Property Information:Total Half Baths: 1.00
  • Property Information:Color: Gray
Parking
  • Driveway:Other: Yes
Property and Assessments
  • Sign on Property: Yes
  • Documents Available: Deed Public Access, Property Disclosure Public Access
  • Leased Land: No
  • Property Type: Multi-Family
  • Property Type Label: Multi-Family
  • Property Condition: To Be Built
  • Year Built: 2023
  • New Construction: No
Utilities
  • Electric: True
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities:Pole: Yes
  • Utilities:Utilities On: Yes
  • Gas:Natural - On Site: Yes
Interior and Exterior Features
Exterior Features
  • Construction Materials: Wood Siding, Other Exterior, Composition, Clapboard, Structural Insulated Panels
  • # Fireplaces: 1
  • Fireplace: Yes
  • Vehicle Storage:2 Car: Yes
  • Vehicle Storage:Direct Entry to Living: Yes
  • Vehicle Storage:Heated: Yes
  • Roof: Membrane, Other, Pitched
  • Vehicle Storage:Tandem: Yes
  • Patio and Porch Features:Deck: Yes
  • Patio and Porch Features:Glassed-in Porch: Yes
  • Patio and Porch Features:Patio: Yes
Interior Features
  • Basement: None, Not Applicable
  • Flooring: Wood, Tile, Other, Concrete
  • Interior Features: 1st Floor Bedroom, In-Law Floorplan, Shower, Walk-In Closet(s), Primary Bedroom w/Bath
  • Cooling: Heat Pump
  • Heating: Stove, Multi-Zones, Heat Pump
  • Foundation Details: Concrete Perimeter
  • Laundry Features: Laundry - 1st Floor, Upper Level, Main Level
  • # Floors: 3
  • Bathrooms Total (Integer): 4
  • Bathrooms Total (Decimal): 3.50
  • Bathrooms Total (Notational): 3.10
  • Cooling YN: Yes
  • Heating YN: Yes
Multi Family
Income & Expenses Information
  • Gross Income: $.00
  • Operating Expenses: $.00
Multi-Family Information
  • Number of Units: 2
  • Building Info:# Fireplaces: 1
  • Building Info:# Stories: 3
Unit 1
  • Unit 1:Lease: No
  • Unit 1:Level: First
  • Unit 1:Security Deposit: No
  • Unit 1:Monthly Rent: $.00
  • Unit 1:# Full Baths: 1.00
  • Unit 1:# of Half Baths: .00
  • Unit 1:# of Rooms: 1.00
  • 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: Yes
  • 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: No
  • Unit 2:Monthly Rent: $.00
  • Unit 2:# Full Baths: 2.00
  • Unit 2:# Half Baths: 1.00
  • 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: Yes
  • Unit 2:Heat: Yes
  • 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: 1
  • Units:# of 3 BD Units: 0
  • Units:# of 4+ BD Units: 0

Property History for 5 Salem 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 5 Salem Street

Taxable ValueLand$274,500Additions$310,100Total$584,600
Tax Record2023$8,424 ($702 / month)
Home Facts
Total Finished SqFt2,120 SqFtAbove Grade Finished SqFt2,120 SqFtStories2Lot Size2,701 SqFtStyleDuplexYear Built2023CountyCUMBERLANDAPNPTLD M:057 B:K019001Fireplace TypeHas Fireplace

Schools near 5 Salem Street

This home is within Portland Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Howard C Reiche Community School
PublicPK to 5

King Middle School
Public6 to 8

Portland High School
Public9 to 12

Deering 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.

Similar Homes

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5 Salem Street is a multi-family home for sale in Portland, ME 04102. This property was listed for sale on April 4, 2024 by Town & Shore Real Estate, it's currently listed at $2,200,000. It has been on the market for a total of 23 days and was last sold on December 18, 2018. This listing's school district is Portland Public Schools. Nearby schools include Howard C Reiche Community School, King Middle School and Portland High School. 5 Salem Street is a 3-bed, 3.5-bath, 2,720 sqft multi-family home built in 2023.

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 Town & Shore 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.