1 Horton Place

Portland, ME 04102

$549,900
Price
4
Beds
2
Baths
1,460 Sq. Ft.
$377 / Sq. Ft.
1,460
Sq. Ft.
$377
per Sq. Ft.

Description

Welcome to an easily managed duplex in Downtown Portland. This property features two 2-bedroom townhouse-style units with one bathroom each with apt 1 featuring finished basement. Both units have recently undergone extensive renovations such as, new roof (2024), gas heaters, flooring, kitchens, bathrooms, repaint and electrical upgrades and much more. The property is an excellent choice for owner-occupants looking to significantly offset their mortgage expenses with rental income from the other unit...Welcome to an easily managed duplex in Downtown Portland. This property features two 2-bedroom townhouse-style units with one bathroom each with apt 1 featuring finished basement. Both units have recently undergone extensive renovations such as, new roof (2024), gas heaters, flooring, kitchens, bathrooms, repaint and electrical upgrades and much more. The property is an excellent choice for owner-occupants looking to significantly offset their mortgage expenses with rental income from the other unit living in thriving downtown. Beyond the financial advantages, this duplex is in prime location on the Peninsula places you in a dynamic neighborhood within walking distance of the renowned Art District, historic Old Port, esteemed Maine Medical Center, and USM. Embrace the thriving local culture and enjoy the abundant amenities this diverse location have to offer.
  1. Listed by Adnan Ahmed • Real Broker

Property Details for 1 Horton Place

Waterfront
No
ArchitecturalStyle
Duplex, Multi-Level, Townhouse
Garage Spaces
.00
Garage
No
Zoning
R6
LISTING UPDATED: 11/13/2024 11:58 AM

Property Details for 1 Horton Place

StatusActive
MLS #1609286
Days on Market10
Taxes$5,635 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family
Year Built1900
Lot Size0.02 AC / 871 SF
CountyCumberland County

Virtual Tour

Building Information for 1 Horton Place

Stories2Residences2Year Built1900Building Size-Lot Size0.02 AC / 871 SF

Property Information for 1 Horton Place

Summary
Location and General Information
  • Zip Code: 3310
  • Town: Portland
  • State/Province: ME
  • Zip Code: 04102
  • County: Cumberland
  • Geo Latitude: 43.652447
  • Geo Longitude: -70.268453
  • Tax Lot: E-019-001
  • Site:Sidewalks: Yes
  • Location:Business District: Yes
  • Location:Intown: Yes
  • Location:Near Shopping: Yes
  • Location:Near Town: Yes
  • Location:Neighborhood: Yes
  • Transportation:Major Road Access: Yes
  • Transportation:Near Airport: Yes
  • Transportation:Public Transport Access: Yes
Parking
  • Parking Features: No Driveway, Off Site, On Street
  • Attached Garage: No
Taxes and HOA Information
  • Tax Book Number: 39529
  • Tax Block: 055
  • Tax Map Number: 055-E-019-001
  • Tax Year: 2024
  • Parcel Number: PTLD-000055-E000019-000001
  • Location Information:Association Y/N: No
  • Tax Annual Amount: $5,635.00
Property
Heating and Cooling
  • Water Heater:Electric: Yes
Lot Information
  • SqFt Finished Below Grade: 160.0
  • SqFt Finished Above Grade: 1300.0
  • Lot Size Acres: 0.02
  • Source of Acreage: Public Records
  • Building Area Total: 1460.0
  • Lot Size Area: 0.02
  • Lot Size Units: Acres
  • Lot Size Square Feet: 871.2
  • Bathrooms Full: 2
  • Bathrooms Half: 0
  • Street Number: 1
  • Property Information:Surveyed: No
  • Property Information:Seasonal: No
  • Property Information:Owner Occupied: Yes
  • Property Information:Short Sale Continue to Show: No
  • Property Information:Deed/Conveyance Type Offered: Quit Claim
  • Property Information:Deed: All
  • Property Information:Deed Restrictions: Unknown
  • Property Information:2 Detached Houses on 1 Lot: No
  • Property Information:Total Half Baths: .00
  • Property Information:Color: Tan
  • Property Information:Source of Road Frontage: Public Records
Parking
  • Driveway:No Driveway: Yes
Property and Assessments
  • Leased Land: No
  • Property Type: Multi-Family
  • Property Type Label: Multi-Family
  • Year Built: 1900
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: Vinyl Siding, Wood Frame
  • Vehicle Storage:No Vehicle Storage: Yes
  • Roof: Shingle
Interior Features
  • Basement: Partial, Exterior Entry, Doghouse, Bulkhead, Unfinished
  • Flooring: Vinyl
  • Interior Features: Furniture Included, Shower
  • Cooling: None
  • Heating: Direct Vent Heater
  • Foundation Details: Brick/Mortar
  • Laundry Features: Washer Hookup
  • # Stories: 2
  • Bathrooms Total (Integer): 2
  • Bathrooms Total (Decimal): 2.00
  • Bathrooms Total (Notational): 2.00
  • Cooling YN: No
  • Heating YN: Yes
Multi Family
Income & Expenses Information
  • Gross Income: $25,560.00
  • Operating Expenses: $8,585.51
Multi-Family Information
  • Number of Units: 2
  • Building Info:# Floors: 2
  • Building Info:# Heating Units: 2
  • Building Info:# Water Heaters: 2
Unit 1
  • Unit 1:Lease: No
  • Unit 1:Level: First
  • Unit 1:Security Deposit: Yes
  • Unit 1:Monthly Rent: $2,130.00
  • 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: Yes
  • Unit 1:Dedicated Water Heater: Yes
  • Unit 1:Electric: No
  • Unit 1:Heat: No
  • Unit 1:Range: Yes
  • Unit 1:Refrigerator: Yes
  • Unit 1:Sewer: Yes
  • Unit 1:Water: Yes
Unit 2
  • Unit 2:Lease: No
  • Unit 2:Level: First
  • Unit 2:Security Deposit: No
  • Unit 2:Monthly Rent: $.00
  • Unit 2:# Full Baths: 1.00
  • Unit 2:# Half Baths: .00
  • Unit 2:# of Rooms: 3.00
  • Unit 2:# of Bedrooms: 2.00
  • Unit 2:Dedicated Electric Meter: Yes
  • Unit 2:Dedicated Gas Meter: Yes
  • Unit 2:Dedicated Water Heater: Yes
  • Unit 2:Electric: No
  • Unit 2:Heat: No
  • Unit 2:Range: Yes
  • Unit 2:Refrigerator: Yes
  • Unit 2:Sewer: Yes
  • Unit 2:Water: Yes
Unit Information
  • Units:# of 1 BD Units: 0
  • Units:# of 2 BD Units: 2
  • Units:# of 3 BD Units: 0
  • Units:# of 4+ BD Units: 0

Property History for 1 Horton Place

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 1 Horton Place

Taxable ValueLand$253,500Additions$121,900Total$375,400
Tax Record2024$5,635 ($470 / month)
Home Facts
Baths2Total Finished SqFt1,300 SqFtAbove Grade Finished SqFt1,300 SqFtStories2Lot Size1,119 SqFtStyleDuplexYear Built1900CountyCUMBERLANDAPNPTLD M:055 B:E019001

Schools near 1 Horton Place

This home is within Portland Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Howard C Reiche Community School
PublicPK to 5

King Middle School
Public6 to 8

Casco Bay 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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1 Horton Place is a multi-family home for sale in Portland, ME 04102. This property was listed for sale on November 13, 2024 by Real Broker, it's currently listed at $549,900. It has been on the market for a total of 10 days and was last sold on April 12, 2001. This listing's school district is Portland Public Schools. Nearby schools include Howard C Reiche Community School, King Middle School and Casco Bay High School. 1 Horton Place is a 4-bed, 2-bath, 1,460 sqft multi-family home built in 1900.

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. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Real Broker

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.