178 Cottage Road, South Portland, ME 04106
$699,000
Property Type:
Multi-Family
Baths:
3
Square Footage:
2,918
Lot Size (sq. ft.):
4,792
Status:
Pending
Current Price:
$699,000
List Date:
5/07/2024
Last Modified:
5/16/2024
Description
Across from the famous Red's Dairy Freeze sits a charming red 3-unit multi-family. Each unit has 2 bedrooms and 1 bath, there is parking for each unit, plus a new heating system and new roof. The sunny third floor unit is currently vacant so that a buyer can move right in or lease it out as they please. The first and second floor offer spacious, double parlor layouts, and decks off the front. Just across the bridge from Portland, this location is just a few minutes from a variety of beaches, breweries, and bakeries! ***If you're having a hard time finding a house in your budget, start with a multi-family! Did you know there is a new 5% down loan available to first time multi-family buyers? Ask your local lender for more info.***
Supplements: ********
More Information MLS# 1588750
Location Information
Street #: 178
Street Name: Cottage
Street Type: Road
County: Cumberland
Town: South Portland
State/Province: ME
Zip Code: 04106
Zip +4: 3737
Leased Land: No
Book: 36647
Page: 341
Map: 014
Lot: 100
Zoning: Residential District
Zoning Overlay: No
Association: No
Full Tax Amount $: 7858
Tax Year: 2024
Geo Lat: 43.635178
Geo Lon: -70.246
Contract Information
Status: Pending
Original List Price: 699000
List Price: $699,000
Current Price: $699,000
Property Information
Surveyed: No
Seasonal: No
Number of Units: 3
Total Baths: 3
Total Full Baths: 3
Year Built: 1905
SqFt Finished Above Grade: 2918
SqFt Finished Total: 2918
SqFt Source: Public Records
Garage: No
Lot Size Acres +/-: 0.11
Source of Acreage: Public Records
Compensation & Misc Info
Buyer Agency: 2.5
Buyer Agency Type: %
Status Change Info
Pending Date: 2024-05-15
Water Info
Water Frontage: No
Water View: No
Income & Expenses
Gross Income: 40800
Operating Expenses: 19475
Units
# of 2 BD Units: 3
Unit 1
Lease: No
Level: First
Security Deposit: Yes
Monthly Rent: 1800
# Full Baths: 1
# of Rooms: 5
# of Bedrooms: 2
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: No
Level: Second
Security Deposit: Yes
Monthly Rent: 1600
# Full Baths: 1
# of Rooms: 5
# of Bedrooms: 2
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: No
Level: Third
Security Deposit: No
# Full Baths: 1
# of Rooms: 4
# of Bedrooms: 2
Dedicated Electric Meter: Yes
Dedicated Gas Meter: No
Dedicated Water Heater: No
Electric: No
Heat: Yes
Range: Yes
Refrigerator: Yes
Sewer: Yes
Water: Yes
Utilities
Utilities On: No
Property Features
Site: Level; Open; Sidewalks
Location: Intown; Near Public Beach; Near Shopping; Near Town; Near Turnpike/Interstate
Roads: Paved; Public
Style: Multi-Level
Construction: Wood Frame
Basement: Full; Unfinished
Basement Entry: Doghouse; Interior
Exterior: Shingle Siding
Roof: Shingle
Heat System: Hot Water; Radiator
Heat Fuel: Gas Natural
Water Heater: Off Heating System
Cooling: None
Floors: Tile; Wood
Amenities: Laundry - Hookup
Driveway: Paved
Parking: 1 - 4 Spaces
Vehicle Storage: No Vehicle Storage
Electric: Circuit Breakers
Gas: Natural - At Street
Sewer: Public Sewer
Water: Public
Documents
Deed Public Access ›Listing Office: Vitalius Real Estate Group, LLC
Last Updated: May - 16 - 2024
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