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241 Spring Street
241 Spring Street
241 Spring Street
241 Spring Street
241 Spring Street
241 Spring Street
241 Spring Street
241 Spring Street
241 Spring Street
241 Spring Street
241 Spring Street
241 Spring Street
241 Spring Street
241 Spring Street
241 Spring Street
241 Spring Street
241 Spring Street
241 Spring Street
241 Spring Street
241 Spring Street
241 Spring Street
241 Spring Street
241 Spring Street
241 Spring Street
241 Spring Street
241 Spring Street
241 Spring Street
241 Spring Street
241 Spring Street
241 Spring Street
241 Spring Street
241 Spring Street
241 Spring Street
241 Spring Street
241 Spring Street
241 Spring Street
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$690,000

241 Spring Street

4 Baths 2,824 Sq.Ft.

Description

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!

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Location

241 Spring Street, Portland, ME 04102

Status

Sold
Erin Oldham

Erin Oldham

TITLE

Owner/Associate Broker

Property Amenities

Interior
Flooring Wood, Vinyl, Laminate, Carpet
Full Bathrooms: 4
Other Interior Features One-Floor Living, Shower, Walk-In Closet(s)
Area & Lot
Lot Area 2,178 Sq.Ft.
Living area 2,824 Sq.Ft.
MLS® ID 1548955
Year Built 1885
Architecture Styles Multi-Level
Type Multi-Family
Status Sold
Exterior
Stories 2
Air conditioning None
Heat type Direct Vent Heater
Water Source Public
Sewer Public Sewer
Parking No Driveway, None, On Street
Lot Features Level, Sidewalks, Intown, Near Shopping, Neighborhood
Roof Flat, Membrane
Utilities Utilities On
Finance
Sales Price $690,000
Real Estate Tax $9,374 yearly

Portland

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