241 Spring Street, Portland ME, 04102

Closed

241 Spring Street

Portland ME, 04102

$690,000

Closed

4 Baths

2,824 sqft

Multi-family

Built in 1885

Courtesy of Portside Real Estate Group

Clean, West End 4 unit perfect for an owner-occupant or an Investor looking to add to their portfolio. 241 Spring has excellent long term tenant history and is low maintenance; no plowing and minimal lawn mowing is needed. Each tenant has a separate entrance and natural gas Rinnai heaters so tenants pay their own utilities. The building has been tastefully updated and well-maintained over its 20-year ownership (see attached list of improvements). Some units have new replacement windows and ample storage closets. Two units are exempt from the rent control ordinance and 2 units have been notified of rent increases in 2023. Located a short walk to local restaurants Chaval, Ruby's, and neighborhood favorites Rosemont Bakery & Market and Chocolats Passion!

1548955

MLSⓇ ID

March 16, 2024

Updated

Map

241 Spring Street
Portland ME, 04102

Interior Features

Total Stories: 2
Bathrooms: 4 Baths
Interior Features: One-Floor Living, Shower, Walk-In Closet(s)
Floor Description: Wood, Vinyl, Laminate, Carpet
Fireplace: No
Cooling: No
Cooling Description: None
Heating: Yes
Heating Description: Direct Vent Heater

Exterior/Building Features

Lot Size: 0.05 Acres
Lot Features: Level, Sidewalks, Intown, Near Shopping, Neighborhood
Architectual Style: Multi-Level
Roof: Flat, Membrane
Sewer: Public Sewer

Other Property Details

Taxes: $9,374
Tax Frequency: Annually
Garage: No
Parking: No Driveway, None, On Street
View: No
County: Cumberland
Water Source: Public
Pool: No
Zoning: R6
Buyer Agency Compensation: 2.5%

Listing History

Date	Event	Price
10/13/2023	Sold	$690,000

Listing Contact: 207-415-6754

Bought with Portside Real Estate Group and Listed by Portside Real Estate Group

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.

Data last updated 2:14 AM UTC, 3/16/2024