243 & 245 High Street

Portland, ME 04101
Square Ft.
6,393
$1,295,000
16 room lodging house in downtown Portland. Property features long term tenants; two kitchens and five bathrooms, updated electrical panel, rear decks, and driveways on both sides of building. Huge upside potential with ability to increase rents to subsidized tenants. Also listed Commercial MLS #1618280.
Market LogoCourtesy of Town & Shore Real Estate 207-773-0262
Listing Snapshot
Days Online
106
Last Updated
Square Ft.
6,393
Lot Size
0.12 Acres
Year Built
1900
MLS Number
1618279
Additional Details
Property Access
Road Surface Type: "Paved"
Basement
Basement: "Interior", "Finished", "Full", "Unfinished"
Building
Architectural Style: "Rooming House", Building Area Total: 6,393, Construction Materials: "Vinyl Siding", "Wood Frame", Number Of Units Total: 16, Year Built: 1900, 2 stories, 3 total stories
Cooling
Cooling: "None"
Expenses
Operating Expense: $90,669
Exterior Features
Patio And Porch Features: "Deck", "Patio", Patio And Porch Features: "Deck", "Patio"
Floors
Flooring: "Wood", "Vinyl", "Concrete", "Carpet"
Foundation
Foundation Details: "Stone", "Brick/Mortar"
Heating
Heating: "Hot Water", Heating Included
Income
Gross Income: $190,278
Interior Features
Features: "1st Floor Bedroom"
Laundry
Features: "Laundry - 1st Floor", "Main Level", "Laundry - Coin"
Lot
Features: "Sidewalks", "Near Town", 0.12 acres, Area: 0.12, 5,227 square feet
Parking
Features: "1 - 4 Spaces", "Paved", "Off Street"
Pets Policy
Pets Allowed: "No Restrictions"
Property
Parcel Number: 243245highstreetportland04101, Zoning: RN-4
Roof
Roof: "Shingle"
Security Features
Features: "Sprinkler", "Fire System"
Sewer
Sewer: "Public Sewer"
Taxes
Annual Amount: $14,996, Tax Lot: 5,6
Utilities
Electric: "Circuit Breakers", Water Source: "Public"
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30 Days Snapshot Of 04101
$935k
+17%
(avg) sold price
21
+110%
homes sold
37
-35%
(avg) days on market
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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.