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Multi-FamilyMEPortland04101104 Oak Street, Portland, ME, 04101

104 Oak Street, Portland, ME, 04101

104 Oak Street, Portland, ME, 04101
29 baths
$3,850,000
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Basics

  • Date added: Added 3 months ago
  • Category:
  • Status:
  • Bathrooms: 29
  • Lot size: 0.08 sq ft
  • Year built: 1900
  • Bathrooms Full: 29
  • Lot Size Acres: 0.08 acres
  • Zoning: B-3
  • County: Cumberland
  • MLS ID: 1648865

Description

  • Description:

    104 Oak Street - a historic 1924 John Calvin Stevens designed building is available for purchase for the first time in nearly two decades. Originally constructed as a hotel, this 29-unit property features 8 studio apartments and 21 one-bedroom units. The simple unit layout and downtown location is highly rentable for an investor or a great option for businesses or organizations in need of housing for staff, students or other needs.
    Major updates include a new central heating and water system, central fire monitoring, fire doors, and units updated with recent turn-overs. Stacked unit layout for easy maintenance, water views from some units, on-site coin-operated laundry and excellent walkability to downtown employers, restaurants, and cultural amenities.

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Location

Building Details

  • Building Area Total: 14678 sq ft
  • Number Of Units Total: 29
  • Construction Materials: Brick, Wood Frame
  • Architectural Style: Other
  • Sewer: Public Sewer
  • Heating: Radiator, Hot Water
  • Roof: Flat
  • Basement: , ,

Amenities & Features

  • Electric: Circuit Breakers
  • Flooring: Vinyl, Carpet
  • Utilities: Utilities On
  • Parking Features: No Parking, No Driveway
  • WaterSource: Public
  • Lot Features: Open, Sidewalks, Intown
  • Cooling: None

Fees & Taxes

  • Gross Income: $443,129

Miscellaneous

  • Road Surface Type: Paved

Courtesy of

  • List Office Name: Vitalius Real Estate Group, LLC

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Office: 207-942-6310

458 Main Street
Bangor, ME 04401
LICENSE #BA928013
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