27 Morning Street, Portland, ME 04101 (MLS# 1449460)
27 Morning Street, Portland, ME 04101
$1,550,000
Property Type:
Multi-Family
Baths:
6
Square Footage:
6,524
Lot Size (sq. ft.):
2,178
Status:
Closed
Current Price:
$1,550,000
List Date:
9/30/2020
Last Modified:
1/03/2025
Description
Earn cash flow + appreciation with this nice 6 unit apartment building that has had many upgrades and is in good condition. Offering (3) 1 Bedrooms and (3) 2 Bedroom units w/ parking, private decks and amazing water views of the Islands and the Eastern Promenade! Yearly gross income: $126,000 w/ separate electric, newer natural gas boilers and rubber roof . This building is an excellent candidate for a 1031 exchange, Air BnB or take the whole top floor and rent (4) units out.. Why buy a condo when you can have this income producing property!!
Supplements: ********
More Information MLS# 1449460
Location Information
Street #: 27
Street Name: Morning
Street Type: Street
County: Cumberland
Town: Portland
State/Province: ME
Zip Code: 04101
Zip +4: 4440
Leased Land: No
Book: 35794
Page: 270
Map: 3
Block: C
Lot: 16
Zoning: R-6
Zoning Overlay: No
Association: No
Full Tax Amount $: 9401
Tax Year: 2019
Geo Lat: 43.666644
Geo Lon: -70.242089
Contract Information
Status: Closed
Original List Price: 1695000
Sold Price: $1,550,000
Current Price: $1,550,000
Property Information
Surveyed: Unknown
Seasonal: No
Number of Units: 6
Total Baths: 6
Total Full Baths: 6
Color: Blue
Year Built: 1915
SqFt Finished Above Grade: 6524
SqFt Finished Total: 6524
SqFt Source: Public Records
Garage: No
Lot Size Acres +/-: 0.05
Source of Acreage: Public Records
Road Frontage: No
Status Change Info
Pending Date: 2020-10-15
Closed Date: 2021-02-05
Closed Price: 1550000
Water Info
Water Frontage: No
Water View: Yes
Water Body Name: Casco Bay
Building Info
# Stories: 3
# Heating Units: 1
# Water Heaters: 1
Units
# of 1 BD Units: 3
# of 2 BD Units: 3
Unit 1
Lease: Yes
Level: First
Security Deposit: Yes
Monthly Rent: 1750
# Full Baths: 1
# of Rooms: 5
# of Bedrooms: 2
Dedicated Electric Meter: No
Dedicated Gas Meter: Yes
Dedicated Water Heater: Yes
Electric: No
Heat: Yes
Range: Yes
Refrigerator: Yes
Sewer: Yes
Water: Yes
Unit 2
Lease: No
Level: Second
Security Deposit: No
Monthly Rent: 1850
# Full Baths: 1
# of Rooms: 5
# of Bedrooms: 2
Dedicated Electric Meter: No
Dedicated Gas Meter: Yes
Dedicated Water Heater: Yes
Electric: No
Heat: Yes
Range: Yes
Refrigerator: Yes
Sewer: Yes
Water: Yes
Unit 3
Lease: Yes
Level: Third
Security Deposit: Yes
Monthly Rent: 1950
# Full Baths: 1
# of Rooms: 5
# of Bedrooms: 2
Dedicated Electric Meter: No
Dedicated Gas Meter: Yes
Dedicated Water Heater: Yes
Electric: No
Heat: Yes
Range: Yes
Refrigerator: Yes
Sewer: Yes
Water: Yes
Unit 4
Lease: No
Level: First
Security Deposit: Yes
Monthly Rent: 1300
# Full Baths: 1
# of Rooms: 4
# of Bedrooms: 1
Dedicated Electric Meter: No
Dedicated Gas Meter: Yes
Dedicated Water Heater: Yes
Electric: No
Heat: Yes
Range: Yes
Refrigerator: Yes
Water: Yes
Unit 5
Lease: Yes
Level: Second
Security Deposit: Yes
Monthly Rent: 1600
# Full Baths: 1
# of Rooms: 4
# of Bedrooms: 1
Dedicated Electric Meter: No
Dedicated Gas Meter: Yes
Dedicated Water Heater: Yes
Electric: No
Heat: Yes
Range: Yes
Refrigerator: Yes
Sewer: Yes
Water: Yes
Unit 6
Lease: No
Level: Third
Security Deposit: No
Monthly Rent: 3500
# Full Baths: 1
# of Rooms: 4
# of Bedrooms: 1
Dedicated Electric Meter: No
Dedicated Gas Meter: Yes
Dedicated Water Heater: Yes
Electric: Yes
Heat: Yes
Range: Yes
Refrigerator: Yes
Sewer: Yes
Water: Yes
Utilities
Utilities On: Yes
Sold Info
Appraiser Email Address: somaineapp@yahoo.com
Property Features
Site: Level; Sidewalks
Location: Near Country Club; Near Shopping; Neighborhood
Roads: Paved; Public
Water Body Type: Bay
Recreational Water: Nearby
Style: Other
Construction: Wood Frame
Basement: Full; Unfinished
Basement Entry: Bulkhead
Exterior: Vinyl Siding
Roof: Membrane
Heat System: Steam
Heat Fuel: Gas Natural
Water Heater: Gas
Cooling: None
Floors: Vinyl; Wood
Amenities: 1st Floor Bedroom; Bathtub; Laundry - Coin
Equipment: Cable
Driveway: Paved
Parking: Off Street
Electric: Circuit Breakers
Gas: Natural - On Site
Sewer: Public Sewer
Water: Public
Documents
Disclosures + LPA ›Listing Office: F.O. Bailey Real Estate
Last Updated: January - 03 - 2025
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. Copyright ©2022 Maine Real Estate Information System, Inc. All Rights Reserved. Equal Housing Opportunity.
