Pending

56 Cumberland Avenue

Portland ME, 04101

$600,000


Pending

0.13 Acres

Land

Courtesy of Keller Williams Realty

Extremely rare buildable lot in the hottest development area in Portland- Munjoy Hill! Build you dream home, multi unit, or condo complex in Portland's best neighborhood. Perfectly positioned near the top of the hill, this lot is ideally located between the observatory and Washington Ave's restaurant row. This is a right-sized project which avoids Portland's inclusionary zoning restrictions. Desirable R6 Zoning offers design flexibility, limited setbacks and a generous footprint. The lot is large enough for 8 units, however a 5 unit feels ideal. Preliminary drawings are in place for a 4 Story building with roof deck- promising stunning views. Come with your ideas, but don't wait. Inquire today. (8-unit estimate based only on square footage calculation)

1540249

MLS ID

March 16, 2024

Updated

Map

56 Cumberland Avenue
Portland ME, 04101

Exterior/Building Features

Lot Size

0.13 Acres


Lot Features

Level, Open Lot, Sidewalks, Near Shopping, Near Turnpike/Interstate, Near Town


Sewer

None

Other Property Details

Taxes

$3,032


Tax Frequency

Annually


Garage

No


Parking

5 - 10 Spaces, Gravel


View

No


County

Cumberland


Water Source

None


Pool

No


Zoning

R6


Buyer Agency Compensation

2.5%

Listing History

Date

Event

Price

6/16/2023

Pending

Listing Contact: (207) 232-8877

Courtesy of  Keller Williams Realty

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. © 2024 Maine Real Estate Information System, Inc. All Rights Reserved. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor Blue Lobster Real Estate shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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Data last updated 2:22 AM UTC, 3/16/2024

 

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