369 Cumberland Avenue

Portland, ME 04101

$925,000
Price
6
Beds
3
Baths
3,500 Sq. Ft.
$264 / Sq. Ft.
3,500
Sq. Ft.
$264
per Sq. Ft.

Description

Greek Revival multi-family located in the vibrant heart of downtown Portland. This stunning 3-unit property offers a prime location, with all the delights of Portland just a short walk or bike ride away. Each apartment within this amazing property boasts its own private entrance and outdoor leisure area, perfect for enjoying the fresh Portland air. Immerse yourself in the beauty of this historic neighborhood while still being in the center of the action. The property features two charming townhouse-style...Greek Revival multi-family located in the vibrant heart of downtown Portland. This stunning 3-unit property offers a prime location, with all the delights of Portland just a short walk or bike ride away. Each apartment within this amazing property boasts its own private entrance and outdoor leisure area, perfect for enjoying the fresh Portland air. Immerse yourself in the beauty of this historic neighborhood while still being in the center of the action. The property features two charming townhouse-style apartments, each offering two tastefully designed bedrooms. These multi-level units provide a sense of space and privacy, ideal for those seeking a little extra room to spread out. Additionally, there is a generous single-level apartment with two bedrooms, providing a convenient and accessible living option. Residents of this exceptional property will also have ready access to a shared on-site laundry facility and separate storage space, ensuring convenience and easy organization. Don't miss out on this rare opportunity to live in one of Portland's most sought-after neighborhoods. Contact us or your agent today to schedule a private viewing and secure your place in this stunning Greek Revival property.
  1. Listed by Roger Begin • Better Homes & Gardens Real Estate/The Masiello Group • rogerbegin@masiello.com

Property Details for 369 Cumberland Avenue

Waterfront
No
ArchitecturalStyle
Greek-Revival
Garage
No
Zoning
B-3
Subdivision Name
Bay Side

Location

Listing Courtesy of Better Homes & Gardens Real Estate/The Masiello Group
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LISTING UPDATED: 06/03/2024 11:21 AM

Property Details for 369 Cumberland Avenue

StatusActive
MLS #1589141
Days on Market34
Taxes$11,333 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family
Year Built1820
Lot Size0.05 AC / 2,178 SF
CountyCumberland County

Location

Listing Courtesy of Better Homes & Gardens Real Estate/The Masiello Group
Add your commute

Building Information for 369 Cumberland Avenue

Stories2Residences3Year Built1820Building Size-Lot Size0.05 AC / 2,178 SF

Payment Calculator

$5,993 per month

30 year fixed, 7.25% Interest

Principal and Interest

$5,048

Property Taxes

$944

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 369 Cumberland Avenue

Summary
Location and General Information
  • Road Surface Type: Paved
  • Zip Code: 2905
  • Directions: Located on the Corner of Cumberland Avenue and Hanover Street.
  • Town: Portland
  • State/Province: ME
  • Zip Code: 04101
  • County: Cumberland
  • Geo Latitude: 43.657365
  • Geo Longitude: -70.262768
  • Tax Lot: 20
  • Site:Corner Lot: Yes
  • Site:Open: Yes
  • Site:Sidewalks: Yes
  • Location:Business District: Yes
  • Location:Intown: Yes
  • Location:Near Shopping: Yes
  • Location:Near Town: Yes
  • Location:Near Turnpike/Interstate: Yes
  • Location:Neighborhood: Yes
  • Transportation:Public Transport Access: Yes
Parking
  • Parking Features: No Driveway, 1 - 4 Spaces, Leased, Off Site, Paved, Off Street
  • Attached Garage: No
Taxes and HOA Information
  • Tax Book Number: 34805
  • Tax Block: J
  • Tax Map Number: 33
  • Tax Year: 2023
  • Parcel Number: PTLD-000033-J000020-000001
  • Location Information:Association Y/N: No
  • Tax Annual Amount: $11,333.00
Virtual Tour
Property
Heating and Cooling
  • Water Heater:Electric: Yes
Lot Information
  • SqFt Finished Below Grade: 1100.0
  • SqFt Finished Above Grade: 2400.0
  • Lot Size Acres: 0.05
  • Source of Acreage: Public Records
  • Building Area Total: 3500.0
  • Lot Size Area: 0.05
  • Lot Size Units: Acres
  • Lot Size Square Feet: 2178.0
  • Bathrooms Full: 3
  • Bathrooms Half: 0
  • Street Number: 369
  • Property Information:Surveyed: Yes
  • Property Information:Seasonal: No
  • Property Information:Owner Occupied: No
  • Property Information:Deed/Conveyance Type Offered: Quit Claim w/Covenant
  • Property Information:Total Half Baths: .00
  • Property Information:Color: Moss
Parking
  • Driveway:No Driveway: Yes
Property and Assessments
  • Documents Available: Lead Paint Addendum Public Access
  • Leased Land: No
  • Property Type: Multi-Family
  • Property Type Label: Multi-Family
  • Year Built: 1820
Utilities
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities:Utilities On: Yes
  • Gas:Natural - On Site: Yes
Interior and Exterior Features
Exterior Features
  • Construction Materials: Wood Siding, Clapboard, Wood Frame
  • # Fireplaces: 0
  • Fireplace: No
  • Vehicle Storage:No Vehicle Storage: Yes
  • Roof: Pitched, Shingle
  • Patio and Porch Features:Deck: Yes
  • Patio and Porch Features:Patio: Yes
  • Patio and Porch Features:Porch: Yes
Interior Features
  • Basement: Walk-Out Access, Finished, Full, Exterior Only
  • Flooring: Wood, Tile
  • Interior Features: Attic, One-Floor Living, Shower, Walk-In Closet(s), Storage
  • Cooling: None
  • Heating: Multi-Zones, Hot Water, Forced Air, Baseboard
  • Foundation Details: Brick/Mortar
  • Laundry Features: Laundry - 1st Floor, Main Level
  • # Stories: 2
  • # Floors: 2
  • Bathrooms Total (Integer): 3
  • Bathrooms Total (Decimal): 3.00
  • Bathrooms Total (Notational): 3.00
  • Cooling YN: No
  • Heating YN: Yes
Multi Family
Income & Expenses Information
  • Gross Income: $83,400.00
  • Operating Expenses: $19,800.00
Multi-Family Information
  • Number of Units: 3
  • Building Info:# Fireplaces: 0
  • Building Info:# Stories: 2
  • Building Info:# Floors: 2
  • Building Info:# Heating Units: 1
  • Building Info:# Water Heaters: 2
Unit 1
  • Unit 1:Lease: Yes
  • Unit 1:Level: Basement
  • Unit 1:Security Deposit: Yes
  • Unit 1:Monthly Rent: $2,200.00
  • Unit 1:# Full Baths: 1.00
  • Unit 1:# of Half Baths: .00
  • Unit 1:# of Rooms: 4.00
  • Unit 1:# of Bedrooms: 2.00
  • Unit 1:Dedicated Electric Meter: Yes
  • Unit 1:Dedicated Gas Meter: No
  • Unit 1:Dedicated Water Heater: No
  • Unit 1:Electric: No
  • Unit 1:Heat: Yes
  • Unit 1:Range: Yes
  • Unit 1:Refrigerator: Yes
  • Unit 1:Sewer: Yes
  • Unit 1:Water: Yes
Unit 2
  • Unit 2:Lease: Yes
  • Unit 2:Level: First
  • Unit 2:Security Deposit: Yes
  • Unit 2:Monthly Rent: $2,600.00
  • Unit 2:# Full Baths: 1.00
  • Unit 2:# Half Baths: .00
  • Unit 2:# of Rooms: 4.00
  • Unit 2:# of Bedrooms: 2.00
  • Unit 2:Dedicated Electric Meter: Yes
  • Unit 2:Dedicated Gas Meter: No
  • Unit 2:Dedicated Water Heater: No
  • Unit 2:Electric: No
  • Unit 2:Heat: Yes
  • Unit 2:Range: Yes
  • Unit 2:Refrigerator: Yes
  • Unit 2:Sewer: Yes
  • Unit 2:Water: Yes
Unit 3
  • Unit 3:Lease: Yes
  • Unit 3:Level: First
  • Unit 3:Security Deposit: Yes
  • Unit 3:Monthly Rent: $2,150.00
  • Unit 3:# Full Baths: 1.00
  • Unit 3:# Half Baths: .00
  • Unit 3:# of Rooms: 4.00
  • Unit 3:# of Bedrooms: 2.00
  • Unit 3:Dedicated Electric Meter: Yes
  • Unit 3:Dedicated Gas Meter: No
  • Unit 3:Dedicated Water Heater: No
  • Unit 3:Electric: No
  • Unit 3:Heat: Yes
  • Unit 3:Range: Yes
  • Unit 3:Refrigerator: Yes
  • Unit 3:Sewer: Yes
  • Unit 3:Water: Yes
Unit Information
  • Units:# of 1 BD Units: 0
  • Units:# of 2 BD Units: 3
  • Units:# of 3 BD Units: 0
  • Units:# of 4+ BD Units: 0

Property History for 369 Cumberland Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 369 Cumberland Avenue

Taxable ValueLand$126,800Additions$659,700Total$786,500
Tax Record2023$11,333 ($944 / month)
Home Facts
Baths3Total Finished SqFt2,404 SqFtAbove Grade Finished SqFt2,404 SqFtStories2Lot Size2,296 SqFtStyleTriplexYear Built1820CountyCUMBERLANDAPNPTLD M:033 B:J020001

Schools near 369 Cumberland Avenue

This home is within Portland Public Schools.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Ocean Avenue
PublicK to 5

King Middle School
Public6 to 8

Portland High School
Public9 to 12

Deering High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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369 Cumberland Avenue is a multi-family home for sale in Portland, ME 04101. This property was listed for sale on May 8, 2024 by Better Homes & Gardens Real Estate/The Masiello Group, it's currently listed at $925,000. This listing's school district is Portland Public Schools. Nearby schools include Ocean Avenue, King Middle School and Portland High School. 369 Cumberland Avenue is a 6-bed, 3-bath, 3,500 sqft multi-family home built in 1820.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Better Homes & Gardens Real Estate/The Masiello Group

Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. © 2022 Maine Real Estate Information System, Inc. All Rights Reserved.