10 Morgan Court, Portland, ME 04103 (MLS# 1585599)

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10 Morgan Court, Portland, ME 04103

$749,000
Property Type: Multi-Family Baths: 4 Square Footage: 2,100 Lot Size (sq. ft.): 6,970 Status: Active Under Contract
Current Price: $749,000 List Date: 4/07/2024 Last Modified: 4/29/2024

Description

This multi unit consists of one 4 Bedroom unit and one 1 Bedroom unit. It is situated at the end of a quiet street with ample parking, this Portland two-family unit will not disappoint. This conveniently located unit is within walking distance to desirable shops and restaurants - an enticing opportunity for both seasoned investors and homeowners alike! Fully renovated kitchens with brand-new cabinets and appliances are just some of the featured upgrades. This property is a perfect opportunity for an owner to generate additional income with minimal expenses. The low expenses associated with the recent upgrades promise booming returns and long-term financial stability. Don't miss out on this rare Portland gem!

Supplements: ********

More Information MLS# 1585599

Location Information

Street #: 10 Street Name: Morgan Street Type: Court County: Cumberland Town: Portland State/Province: ME Zip Code: 04103 Zip +4: 3306 Leased Land: No Book: 35510 Page: 324 Map: 143 Lot: 080 Zoning: R5 Zoning Overlay: Unknown Association: No Full Tax Amount $: 4600 Tax Year: 2024 Geo Lat: 43.680943 Geo Lon: -70.291087

Contract Information

Status: Active Under Contract Original List Price: 795000 List Price: $749,000 Current Price: $749,000

Property Information

Surveyed: Unknown Seasonal: No Deed/Conveyance Type Offered: Warranty Number of Units: 2 Total Baths: 4 Total Full Baths: 3 Total Half Baths: 1 Color: Dark Gray Year Built: 1980 SqFt Finished Above Grade: 2100 SqFt Finished Total: 2100 SqFt Source: Seller Other Source of Square Footage: Past MLS listing Garage: No Lot Size Acres +/-: 0.16 Source of Acreage: Public Records

Compensation & Misc Info

Buyer Agency: 2 Buyer Agency Type: %

Status Change Info

Kick-Out: No

Water Info

Water Frontage: No Water View: No

Building Info

# Water Heaters: 2

Income & Expenses

Gross Income: 60972 Operating Expenses: 9208

Units

# of 1 BD Units: 1 # of 4+ BD Units: 1

Unit 1

Lease: Yes Level: Second Security Deposit: Yes Monthly Rent: 3871 # Full Baths: 2 # of Half Baths: 1 # of Rooms: 7 # of Bedrooms: 4 Dedicated Electric Meter: Yes Dedicated Gas Meter: Yes Dedicated Water Heater: Yes Electric: Yes Heat: Yes Range: Yes Refrigerator: Yes Sewer: Yes Water: Yes

Unit 2

Lease: Yes Level: First Security Deposit: Yes Monthly Rent: 1210 # Full Baths: 1 # of Rooms: 3 # of Bedrooms: 1 Dedicated Electric Meter: Yes Dedicated Gas Meter: No Dedicated Water Heater: Yes Electric: Yes Heat: Yes Range: Yes Refrigerator: Yes Sewer: Yes Water: Yes

Utilities

Utilities On: Yes

Property Features

Site: Level; Sidewalks Location: Near Shopping; Near Town; Neighborhood Roads: Dead End; Public Style: Multi-Level; Raised Ranch Construction: Wood Frame Basement: Finished; Full Basement Entry: Interior Foundation Materials: Poured Concrete Exterior: Vinyl Siding Roof: Shingle Heat System: Baseboard; Direct Vent Heater; Heat Pump; Multi-Zones Heat Fuel: Gas Natural Water Heater: Electric Cooling: Heat Pump Floors: Carpet; Laminate Amenities: 1st Floor Bedroom; Laundry - Hookup Patio and Porch Features: Deck Driveway: Paved Parking: 5 - 10 Spaces Vehicle Storage: No Vehicle Storage Restrictions: No Restrictions Electric: Circuit Breakers Gas: Natural - On Site Sewer: Public Sewer Water: Public
Listing Office: Signature Homes Real Estate Group, LLC
Last Updated: April - 29 - 2024
10 Morgan Court, Portland, ME 04103- MLS# 1585599
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