
The ''Charles Tobie House'' represents a rare opportunity to purchase one of Portland's most stately and admired multi-units. This 13-Unit proudly sits on the corner of State and Sherman Street and is ideally located in the Parkside neighborhood of Portland. Located between USM and Maine Medical Center, the ability to command top rents is assured! This property features a large off-street parking lot, coin-op laundry, separate/metered utilities, and a city monitored fire alarm system with fire suppression. There is a large value-add opportunity for the next owner and plenty of charming details still intact. 2 of the 13 Units have been left vacant allowing an opportunity for the next owner to renovate or simply lease at a higher rate. This property is now offered BELOW appraised value - one of very few (if any) properties in Portland offering equity at closing! This is an opportunity not to be missed. For a video walk-thru go to YouTube and enter the property address.
Listed By
Agency Name: Keller Williams Realty
Agency Contact: (207) 232-8877
Shown By
Agency Title: Jean Jenkins - Vacationland Realty
Agency Phone:
Estimated Payment
$ 9,500.43 per month $7,555.18 Principal & Interest $1,420.25 Property Tax $525.00 Homeowner's Insurance
264 State Street | MLS# 1544862
This multi-family property located at 264 State Street, Portland, ME 04101 is currently listed for sale with an asking price of $1,800,000. Search Portland real estate on www.vacationlandrealtymaine.com today.