379 Cumberland Avenue Unit 3

Portland, ME 04101
Baths
3
Square Ft.
2,576
$915,000
Freshly painted exterior and full of charm, the Gilbert L. Bailey House offers a rare investment opportunity in the heart of Portland. Just a short walk to the Arts District, top restaurants, and entertainment, this property combines historic character with a prime location. Owner will consider selling 381 Cumberland Ave, a 12-spot parking lot, with the purchase of 379 Cumberland Ave. Per initial conversations with city officials, the lot may offer buildable potential. Buyer and agent to verify all information and conduct their own due diligence with the City of Portland regarding zoning, development, and permitted uses.
Market LogoCourtesy of Better Homes & Gardens Real Estate/The Masiello Group [email protected]
Listing Snapshot
Days Online
69
Last Updated
Full Baths
3
Square Ft.
2,576
Lot Size
0.08 Acres
Year Built
1915
MLS Number
1637198
Additional Details
Property Access
Road Surface Type: "Paved"
Basement
Basement: "Walk-Out Access", "Full", "Exterior Only", "Unfinished"
Building
Architectural Style: "Greek Revival", "Mansard", Building Area Total: 2,576, Construction Materials: "Wood Siding", "Vinyl Siding", "Clapboard", "Wood Frame", Number Of Units Total: 3, Year Built: 1915, 2 stories
Cooling
Cooling: "None"
Expenses
Operating Expense: $16,877
Exterior Features
Other Equipment: "Cable", Patio And Porch Features: "Deck", "Patio", "Porch", Patio And Porch Features: "Deck", "Patio", "Porch"
Floors
Flooring: "Wood", "Tile"
Foundation
Foundation Details: "Brick/Mortar"
Heating
Heating: "Forced Air", "Direct Vent Heater", Heating Included
Income
Gross Income: $72,900
Interior Features
Features: "Bathtub", "Storage"
Lot
Features: "Well Landscaped", "Open", "Level", "Sidewalks", "Intown", "Near Shopping", "Near Town", "Neighborhood", "Near Public Transit", 0.08 acres, Area: 0.08, 3,485 square feet
Parking
Features: "No Parking", "No Driveway"
Property
Parcel Number: PTLD-000033-I000019-000001, Zoning: B-3
Roof
Roof: "Pitched", "Shingle"
Sewer
Sewer: "Public Sewer"
Taxes
Annual Amount: $8,934, Tax Lot: 19
Utilities
Electric: "Circuit Breakers", Water Source: "Public"
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30 Days Snapshot Of 04101
$829k
-10%
(avg) sold price
12
-25%
homes sold
44
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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.