45 Cumberland Avenue, Portland, ME 04101 (MLS# 1529215)

45 Cumberland Avenue, Portland, ME 04101

$2,500,000
Property Type: Multi-Family Baths: 9 Square Footage: 7,347 Lot Size (sq. ft.): 6,098 Status: Closed
Current Price: $2,500,000 List Date: 5/20/2022 Last Modified: 1/11/2025

Description

Incredible Munjoy Hill 5 unit has a lot to offer! 1 NEW house + 2 NEW condo-quality 3rd/4th floor townhouses + 2 large, classic apartments (1st/2nd floor). The stand-alone house was newly constructed in 2015 with a smart, efficient layout, garage, laundry and a deck off the second floor living area. The 4-unit building has two lower units that are classic single-level 3 BR apartments with a ton of charm and potential. Townhouse 1 & Townhouse 2 are newly created 2 bed/2.5bath two-story townhouses designed for maximum south facing light and spectacular views of the city, Casco Bay and the Back Cove. This unique opportunity should be considered by owners looking to live in a condo but with interest in also owning the units around them, or by investors who can see that the sum of the ''parts'' here are worth more than the asking price.

Supplements: ********

More Information MLS# 1529215

Location Information

Street #: 45 Street Name: Cumberland Street Type: Avenue County: Cumberland Town: Portland State/Province: ME Zip Code: 04101 Zip +4: 2601 Leased Land: No Book: 37216 Page: 142 Map: 13 Block: k Lot: 61-62 Zoning: R6 Zoning Overlay: No Association: No Full Tax Amount $: 13773 Tax Year: 2021 Geo Lat: 43.665878 Geo Lon: -70.24946

Contract Information

Status: Closed Original List Price: 3000000 Sold Price: $2,500,000 Current Price: $2,500,000

Property Information

Surveyed: Yes Seasonal: No Number of Units: 5 Total Baths: 9 Total Full Baths: 7 Total Half Baths: 2 Year Built: 1900 SqFt Finished Above Grade: 7347 SqFt Finished Total: 7347 SqFt Source: Other Other Source of Square Footage: Estimated based on Public Records Garage: Yes Garage Spaces: 1 Lot Size Acres +/-: 0.14 Source of Acreage: Public Records

Status Change Info

Pending Date: 2022-07-19 Closed Date: 2022-09-28 Closed Price: 2500000

Water Info

Water Frontage: No Water View: Yes Water Body Name: Back Cove & Casco Bay

Units

# of 2 BD Units: 3 # of 3 BD Units: 2

Unit 1

Lease: No Level: First Security Deposit: No # Full Baths: 1 # of Rooms: 7 # of Bedrooms: 3 Dedicated Electric Meter: Yes Dedicated Gas Meter: No Dedicated Water Heater: No Electric: No Heat: Yes Range: Yes Refrigerator: Yes Sewer: Yes Water: Yes

Unit 2

Lease: Yes Level: Second Security Deposit: Yes Monthly Rent: 1800 # Full Baths: 1 # of Rooms: 7 # of Bedrooms: 3 Dedicated Electric Meter: Yes Dedicated Gas Meter: No Dedicated Water Heater: No Electric: No Heat: Yes Range: Yes Refrigerator: Yes Sewer: Yes Water: Yes

Unit 3

Lease: Yes Level: Third Security Deposit: Yes Monthly Rent: 3000 # Full Baths: 2 # Half Baths: 1 # of Rooms: 4 # of Bedrooms: 2 Dedicated Electric Meter: Yes Dedicated Gas Meter: No Dedicated Water Heater: Yes Electric: No Heat: Yes Range: Yes Refrigerator: Yes Sewer: Yes Water: Yes

Unit 4

Lease: Yes Level: Third Security Deposit: Yes Monthly Rent: 2800 # Full Baths: 2 # Half Baths: 1 # of Rooms: 4 # of Bedrooms: 2 Dedicated Electric Meter: Yes Dedicated Gas Meter: No Dedicated Water Heater: Yes Electric: No Heat: Yes Range: Yes Refrigerator: Yes Water: Yes

Unit 5

Lease: Yes Level: First Security Deposit: Yes Monthly Rent: 3500 # Full Baths: 1 # of Rooms: 4 # of Bedrooms: 2 Dedicated Electric Meter: Yes Dedicated Gas Meter: Yes Dedicated Water Heater: Yes Electric: No Heat: No Range: Yes Refrigerator: Yes Sewer: Yes Water: Yes

Utilities

Utilities On: Yes

Sold Info

Appraiser Email Address: jessica@mainelandconsultants.com

Property Features

Site: Level; Open; Sidewalks Location: Intown; Near Public Beach; Near Town; Near Turnpike/Interstate Roads: Paved Water Body Type: Bay Style: Other Levels: Multi-Level Construction: Wood Frame Basement: Full; Slab; Unfinished Basement Entry: Interior Exterior: Vinyl Siding Roof: Flat; Shingle Heat System: Forced Air; Hot Water; Zoned Heat Fuel: Gas Natural Water Heater: Electric; Gas Cooling: None Floors: Wood Driveway: Common; Gravel Parking: 1 - 4 Spaces Vehicle Storage: 1 Car; Direct Entry to Living Electric: Circuit Breakers Gas: Natural - At Street Sewer: Public Sewer Water: Public
Listing Office: Vitalius Real Estate Group, LLC
Last Updated: January - 11 - 2025
45 Cumberland Avenue, Portland, ME 04101- MLS# 1529215
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