200 Massachusetts Avenue

Portland, ME 04102

$949,000
Price
10
Beds
6
Baths
4,494 Sq. Ft.
$211 / Sq. Ft.
4,494
Sq. Ft.
$211
per Sq. Ft.

Description

Massive 3-unit with 3+ beds / 2 baths in each unit in nearly 4,500 SF of living area. This building is in great condition and has a ton of income potential. There is ample parking, separate heat and electric, shared laundry room, and many updates throughout. For even more income, there is a full breakout space off the 3rd floor unit with a separate kitchenette, bedroom and bath which lays out perfectly for an owner's unit Airbnb. Two turnkey vacant units ready to go.Massive 3-unit with 3+ beds / 2 baths in each unit in nearly 4,500 SF of living area. This building is in great condition and has a ton of income potential. There is ample parking, separate heat and electric, shared laundry room, and many updates throughout. For even more income, there is a full breakout space off the 3rd floor unit with a separate kitchenette, bedroom and bath which lays out perfectly for an owner's unit Airbnb. Two turnkey vacant units ready to go.
  1. Listed by Briton Vitalius • Vitalius Real Estate Group, LLC
  2. Listed by Christopher Sullivan • Vitalius Real Estate Group, LLC

Property Details for 200 Massachusetts Avenue

Waterfront
No
ArchitecturalStyle
Multi-Level
Garage
No
Zoning
R5

Open Houses

Tuesday, Sep 24th

10:00 AM - 11:00 AM

Public

Thursday, Sep 26th

10:00 AM - 11:00 AM

Public

LISTING UPDATED: 09/20/2024 03:26 PM

Property Details for 200 Massachusetts Avenue

StatusActive
MLS #1604467
Days on Market1
Taxes$10,321 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family
Year Built1902
Lot Size0.13 AC / 5,662 SF
CountyCumberland County

Building Information for 200 Massachusetts Avenue

Stories-Residences3Year Built1902Building Size-Lot Size0.13 AC / 5,662 SF

Property Information for 200 Massachusetts Avenue

Summary
Location and General Information
  • Zip Code: 2518
  • Town: Portland
  • State/Province: ME
  • Zip Code: 04102
  • County: Cumberland
  • Geo Latitude: 43.663728
  • Geo Longitude: -70.287083
  • Tax Lot: 18
  • Site:Open: Yes
  • Site:Sidewalks: Yes
  • Location:Near Town: Yes
  • Location:Near Turnpike/Interstate: Yes
Parking
  • Parking Features: 5 - 10 Spaces, Paved
  • Attached Garage: No
Taxes and HOA Information
  • Tax Book Number: 34905
  • Tax Block: F
  • Tax Map Number: 168A
  • Tax Year: 2025
  • Parcel Number: PTLD-000186A-F000018-000001
  • Location Information:Association Y/N: No
  • Tax Annual Amount: $10,320.88
Property
Heating and Cooling
  • Water Heater:Gas: Yes
Lot Information
  • SqFt Finished Below Grade: 0.0
  • SqFt Finished Above Grade: 4494.0
  • Lot Size Acres: 0.13
  • Source of Acreage: Public Records
  • Building Area Total: 4494.0
  • Lot Size Area: 0.13
  • Lot Size Units: Acres
  • Lot Size Square Feet: 5662.8
  • Bathrooms Full: 6
  • Bathrooms Half: 0
  • Street Number: 200
  • Property Information:Surveyed: No
  • Property Information:Seasonal: No
  • Property Information:Total Half Baths: .00
Parking
  • Driveway:Paved: Yes
Property and Assessments
  • Sign on Property: Yes
  • Documents Available: Deed Public Access, Lead Paint Addendum Public Access
  • Leased Land: No
  • Property Type: Multi-Family
  • Property Type Label: Multi-Family
  • Year Built: 1902
Utilities
  • Electric: True
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities:Utilities On: Yes
  • Gas:Natural - At Street: Yes
Interior and Exterior Features
Exterior Features
  • Construction Materials: Vinyl Siding, Wood Frame
  • Vehicle Storage:No Vehicle Storage: Yes
  • Roof: Flat
Interior Features
  • Basement: Full, Interior Entry, Exterior Only, Unfinished
  • Flooring: Wood, Laminate
  • Cooling: None
  • Heating: Baseboard
  • Bathrooms Total (Integer): 6
  • Bathrooms Total (Decimal): 6.00
  • Bathrooms Total (Notational): 6.00
  • Cooling YN: No
  • Heating YN: Yes
Multi Family
Income & Expenses Information
  • Gross Income: $90,888.00
  • Operating Expenses: $17,462.00
Multi-Family Information
  • Number of Units: 3
Unit 1
  • Unit 1:Lease: Yes
  • Unit 1:Level: First
  • Unit 1:Security Deposit: Yes
  • Unit 1:Monthly Rent: $1,974.00
  • Unit 1:# Full Baths: 2.00
  • Unit 1:# of Half Baths: .00
  • Unit 1:# of Rooms: 5.00
  • Unit 1:# of Bedrooms: 3.00
  • 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: 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: Second
  • Unit 2:Security Deposit: No
  • Unit 2:Monthly Rent: $2,800.00
  • Unit 2:# Full Baths: 2.00
  • Unit 2:# Half Baths: .00
  • Unit 2:# of Rooms: 5.00
  • Unit 2:# of Bedrooms: 3.00
  • 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: No
  • Unit 2:Range: Yes
  • Unit 2:Refrigerator: Yes
  • Unit 2:Sewer: Yes
  • Unit 2:Water: Yes
Unit 3
  • Unit 3:Lease: No
  • Unit 3:Level: Third
  • Unit 3:Security Deposit: No
  • Unit 3:Monthly Rent: $2,800.00
  • Unit 3:# Full Baths: 2.00
  • Unit 3:# Half Baths: .00
  • Unit 3:# of Rooms: 6.00
  • Unit 3:# of Bedrooms: 4.00
  • 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: No
  • 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: 0
  • Units:# of 3 BD Units: 2
  • Units:# of 4+ BD Units: 1

Property History for 200 Massachusetts 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 200 Massachusetts Avenue

Taxable ValueLand$92,500Additions$595,100Total$687,600
Tax Record2023$9,908 ($826 / month)
Home Facts
Baths6Total Finished SqFt4,494 SqFtAbove Grade Finished SqFt4,494 SqFtStories3Lot Size5,902 SqFtStyleTriplexYear Built1902CountyCUMBERLANDAPNPTLD M:186A B:F018001

Schools near 200 Massachusetts 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

Deering High School
Public9 to 12

Portland 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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200 Massachusetts Avenue is a multi-family home for sale in Portland, ME 04102. This listing's school district is Portland Public Schools. Nearby schools include Ocean Avenue, King Middle School and Deering High School. 200 Massachusetts Avenue is a 10-bed, 6-bath, 4,494 sqft multi-family home built in 1902.

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 Vitalius Real Estate Group, LLC

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.