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Multi-FamilyMEPortland04101527 Cumberland Avenue, Portland, ME, 04101

527 Cumberland Avenue, Portland, ME, 04101

527 Cumberland Avenue, Portland, ME, 04101
3 baths
$1,025,000
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Basics

  • Date added: Added 4 months ago
  • Category:
  • Status:
  • Bathrooms: 3
  • Lot size: 0.08 sq ft
  • Year built: 1881
  • Bathrooms Full: 3
  • Lot Size Acres: 0.08 acres
  • Zoning: RN-4
  • County: Cumberland
  • MLS ID: 1652719

Description

  • Description:

    Introducing 527 Cumberland Ave. A meticulously maintained three-unit property in the heart of Portland's vibrant peninsula offering an exceptional blend of character, flexibility, and strong rental appeal. With private entrances, tandem off-street parking, a shared courtyard, and two townhouse-style apartments plus a bright top-floor unit, this opportunity is ideal for investors and owner-occupants alike.

    Pride of ownership is evident throughout, highlighted by classic Portland charm and tasteful updates. Sunlight fills the interiors, showcasing warm hardwood floors, modern finishes, and comfortable, functional living spaces. Bathrooms feature tile showers, and a large basement provides valuable storage for residents. Each unit offers an inviting layout well suited for today's lifestyles.

    Two of the apartments live like townhomes, delivering separation of space and a single-family feel that residents love. The upper unit offers cozy architectural lines, skylights, and abundant natural light, creating a peaceful retreat above the city.

    Located in Portland's desirable Parkside neighborhood near Deering Oaks Park, the interstate, and award-winning restaurants, occupants can enjoy convenience while being close to some of the city's best amenities. The courtyard provides room to gather, grill, or relax, a rare bonus for an in-town property. Off-street tandem parking adds everyday ease and long-term value.

    Whether you are expanding your portfolio or planning to live in one unit while generating income from the others, 527 Cumberland Ave presents a compelling combination of location, lifestyle, and investment potential.

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Location

Building Details

  • Building Area Total: 3372 sq ft
  • Number Of Units Total: 3
  • Construction Materials: Vinyl Siding, Wood Frame
  • Architectural Style: Other
  • Sewer: Public Sewer
  • Heating: Zoned, Hot Water, Forced Air, Baseboard
  • StoriesTotal: 3
  • Stories: 3
  • Roof: Shingle
  • Foundation Details: Stone, Brick/Mortar
  • Levels: Multi-Level
  • Basement: , , , ,

Amenities & Features

  • Laundry Features: Washer Hookup
  • Electric: Circuit Breakers
  • Flooring: Wood, Tile, Laminate
  • Utilities: Utilities On
  • Parking Features: 1 - 4 Spaces, Gravel, On Site, Off Street
  • Garage Spaces: 0
  • WaterSource: Public
  • Lot Features: Sidewalks, Intown, Near Shopping, Near Turnpike/Interstate, Near Public Transit
  • Patio And Porch Features: Deck, Porch
  • Fireplaces Total: 1
  • Cooling: None

Fees & Taxes

  • Gross Income: $102,006.73

Miscellaneous

  • Road Surface Type: Paved

Courtesy of

  • List Office Name: Keller Williams Realty

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