25 Granite Street, Portland, ME 04102 (MLS # 1480477)
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Exceptional building and excellent investment opportunity! 25 Granite Street has much to offer the tenant as well as the investor: a few steps from the USM Law School and the main campus, off street parking, efficient Rinnai Heaters, 4 of the units have dedicated outside space, and another 4 have private roof top decks with great city views!Built as an Inn, circa 1750, and added onto in the early 20th century creating a nice mix of 1 & 2 bedroom units with 4 units retaining ornamental fireplaces.Additionally there is a coin-op laundry and dedicated tenant storage space.A few years after the current owner purchased the property its trajectory was for condo conversion so all systems were updated to include: new roof, windows, heating systems, siding,plumbing, wiring, kitchens and baths, and roof top decks. In the last few years a number of the units have been redone to stay fresh. The market shifted dramatically 08-09 so it remained and still is today a great 12 unit investment opportunity!
LAST UPDATED | 4/16/2021 | YEAR BUILT | 1910 |
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COUNTY | Cumberland | STATUS | Closed |
PROPERTY TYPE(S) | Multi Family |
ADDITIONAL DETAILS | |
AIR | None |
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BASEMENT | Crawl Space, Full, Unfinished, Yes |
CONSTRUCTION | Wood Frame |
EXTERIOR | Vinyl Siding |
GARAGE | 1 Car, Detached, Off Street Parking, Yes |
HEAT | Direct Vent Heater |
INTERIOR | Deck, Laundry - Coin, One-floor Living |
LOT | 0.29 acre(s) |
LOT DESCRIPTION | Sidewalks, Well Landscaped |
MLS STATUS | Closed |
PARKING | 11 - 20 Spaces,Paved |
SEWER | Public Sewer |
STORIES | 3 |
STYLE | Other Style |
TAXES | 12662.00 |
UTILITIES | Cable |
WATER | Public |
TOTAL MONTHLY PAYMENT
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